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astraxan [27]
3 years ago
6

The section of Waterways that produces controllers for the company provided the following information.

Business
1 answer:
stepladder [879]3 years ago
8 0

Answer:

Instructiond are listed below.

Explanation:

Giving the following information:

Sales for the month of February 3,800

Variable manufacturing cost per unit $9.00

Sales price per unit $46.00

Fixed manufacturing overhead cost (per month for controllers) $82,000

Variable selling and administrative expenses per unit $4.80

Fixed selling and administrative expenses (per month for controllers) $13,130

A) contribution margin ratio = (selling price - unitary variable cost)/selling price

ontribution margin ratio = (46 - 13.8)/46= 0.7

B) degree of operating level= contribution margin/ EBIT

EBIT= sales - variable costs  - fixed costs= (46-13.8)*3,800 - 82,000 - 13,130= 27,230

degree of operating level= 32.2/27230= 0.0012= 0.12%

C) Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 95,130/0,7= $135,900

D) Margin of safety ratio= (current sales level - break-even point)/current sales level

Margin of safety ratio= (3,800 - 2,954)/3,800= 0.22= 22%

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On January 1, Year 2, Grande Company had a $16,000 balance in the Accounts Receivable account and a zero balance in the Allowanc
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= $97,000.

Explanation:

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Accounts Receivable balance on December 31, Year 2 = $23,000

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Lexis Company purchased equipment on January 1, 2012 for $35,500. The estimated useful life of the equipment was 7 years and the
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Answer:

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