i need the answer quickly 3. Assuming the selling price and cost changes in the Marketing Plan are adopted, prepare a CVP Income Statement for 2025, assuming sales andproduction increase by 20% as outlined in the Marketing PlanChild's Play CompanyCVP Income StatementFor the Year Ended December 31, 2025TotalSales$1,200,000 $Variable costs$528,000 $Contribution margin672,000 $Fixed costs$316,200Net operating income$355,800Per Unit10.004.405.604. Assuming the selling price and cost changes in the Marketing Plan are adopted, determine the number of rattles the company would need to sell in2025 in order to break-even. Please show your work and round to the nearest next whole unit.56464.29564655. Assuming the selling price and cost changes in the Marketing Plan are adopted, determine the number of rattles the company would need to sell in2025 in order to earn $400,000 in profit. Please show your work and round to the nearest next whole unit.4

Cost-volume-profit analysis:Cost-volume-profit analysis (CVP) is a financial matrix used to analyze…

Answered: 4. Assuming the selling price and cost…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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ezto.mheducation.com/ext/map/index.html?_con%3Dcon&external_browser=D0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghm Assume the following (1) contribution margin = $150,0000 (2) net operating income $15,000, and (3) sales increase by 14%. Given these three assumptions, net operating income will increase by: Multiple Choice 15 1%. 14%. 116. 140%. < Prev 15 of 50 Next 2 Search for anything
Question 3: Şobar Company's financial information is given in the table below. Year 2019 2020 Sales (OMR) Fixed Costs 405000 Variable Costs 225000 90000 450000 120000 240000 Calculate: a) Sales required to earn a profit of OMR 40000. b) Margin of safety at a profit of OMR 50000 c) Profit when sales are OMR. 200000.
Question 3: Sobar Company's financial information is given in the table below. Year |2019 2020 Sales (OMR) Fixed Costs 405000 450000 90000 120000 Variable Costs 225000 240000 Calculate: a) P/V ratio, b) B.E.P. c) Sales required to earn a profit of OMR 40000. d) Margin of safety at a profit of OMR 50000 e) Profit when sales are OMR. 200000.
Question 3: Sobar Company's financial information is given in the table below. Sales (OMR) Fixed Costs 405000 450000 Variable Costs 225000 240000 Year 2019 90000 | 2020 120000 Calculate: a) P/V ratio, b) B.E.P.
Additional data: Selling and Administrative expenses are 60% fixed and 40% variable A. What is the net income for 2020 under the variable costing method? B. What is the net income for 2020 under the absorption costing method? C. What is the net income for 2021 under the absorption costing method?
Question 3: Mirbat Company's financial information is given in the table below. Year 2020 2021 Sales (OMR) Fixed Costs 445000 500000 105000 150000 Variable Costs 245000 280000 You are required to calculate the following values for each year. The years are independent of each other. a) Margin of safety at a profit of OMR 50000 b) Profit when sales are OMR. 300000.
A company has following details for this yearDetails Total sales($) Total cost($) Details Total sales($) Total cost($)Year ended 31/12/2018 35,78,998 25,89,709Year ended 31/12/2019 48,90,742 31,67,984 Calculate P/V ratio, Fixed cost, break even sales, Margin of safety 2018/2019, Variable cost 2018/2019and percent of fixed cost 2018/2019
Question 3: Sohar Company's financial information is given in the table below. Year 2019 2020 Sales (OMR) Fixed Costs | 405000 | 450000 | 90000 120000 Variable Costs | 225000 240000 Calculate: ---uyuie d) Margin of safety at a profit of OMR 50000 e) Profit when sales are OMR. 200000. - VIVI.
Question 3:salalah Company's financial information is given in the table below. Year 2020 Sales (OMR) Fixed Costs 445000 Variable Costs: 105000 245000 2021 500000 150000 280000 You are required to calculate the following values for each year. The years are independent of each other. a) P/V ratio, b) В.Е.Р. c) Sales required to earn a profit of OMR 45000. d) Margin of safety at a profit of OMR 50000 e) Profit when sales are OMR. 300000.
Question 3: Mirbat Company's financial information is given in the table below. Year Sales (OMR) Fixed Costs 445000 500000 Variable Costs 2020 105000 245000 2021 150000 280000 You are required to calculate the following values for each year. The years are independent of each other. a) P/V ratio, b) B.E.P. c) Sales required to earn a profit of OMR 45000. d) Margin of safety at a profit of OMR 50000 e) Profit when sales are OMR. 300000.
Question 3: Sohar Company's financial information is given in the table below. Year 2019 2020 Sales (OMR) Fixed Costs 405000 450000 Variable Costs 225000 240000 90000 120000 Calculate: a) PV ratio, b) В.Е.Р. c) Sales required to earn a profit of OMR 40000. d) Margin of safety at a profit of OMR 50000 e) Profit when sales are OMR. 200000.
Required information [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. HUDSON Co. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (10,600 units at $300 each) Variable costs (10,600 units at $240 each) Contribution margin $3,180,000 2,544,000 636,000 480,000 $ 156,000 Fixed costs Pretax income $ 1. Compute Hudson Co's break-even point in units. 2. Compute Hudson Co.'s break-even point in sales dollars. 1. Break-even point units 2. Break-even point

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