ABC Co. started work on an P8,000,000 fixed-pric construction contract in 20x1. Information on the contract as follows: 20x1 20x2 Costs incurred per year 2,850,000 3,670,000 Estimated costs to complete 4,275,000 1,630,000 How much profit (loss) is recognized in 20x2?
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- Stryker Industries received an offer from an exporter for 25,000 units of product at $19 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $24 Unit manufacturing costs: 12 4 The amount of profit or loss from acceptance of the offer is a O a. $475,000 O b. $600,000 O c. $300,000 O d. $175,000 Variable FixedSuppose that a company expects the fo llowing financial resuJts from a project during its first year ope ration:• Sales revenue: $250.000• Variable costs: $80.000• Fixed costs: $50.000• Total unit produced and so ld: 1,000 units(a) Compute the contribution ma rgin pe rcentage.(b) Compute the brcakcven point in units sold.You are negotiating a contract with the WeScamU Company and you are concerned that they will overcharge you for their costs, so you have included a PTA (point of total Assumption) clause in the contract. From the information provided below, what is the PTA? Target cost = $494,000.00 Target Price = $535,000.00 Ceiling prices = $629,000.00 Buyer/Seller ratio is 80/20 for overruns. Note: enter dollar amount only and two decimal places. For example, 450000.50 Your Answer: 6:00 p.m. ✓
- 19) Hopner Products enters into a contract with Tulles to sell three different products. The total transaction price is $370,000. Each of the products is a separate performance obligation. Based on the information presented in the table, what is the allocated transaction price of product Z using the expected-cost-plus-a-profit margin approach? (Round intermediary percentages to the nearest hundredth percent, and round your final answer to the nearest whole number.) Product X Y Z A) $159,390 B) $94,868 C) $123,333 D) $185,000 Standalone Price $150,000 $110,000 Not Available Market Price Forecasted Cost $130,000 $100,000 $160,000 $85,000 $100,000 $140,000Use this information for Stryker Industries to answer the question that follow. Stryker Industries received an offer from an exporter for 30,000 units of product at $19 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $23 Unit manufacturing costs: Variable 10 Fixed 5 What is the amount of income or loss from the acceptance of the offer? Oa. $300,000 loss Ob. $690,000 loss Oc. $570,000 income Od. $270,000 income Previous Next 7:36 PM CP 12/13/2020A company is considering two alternatives with regards to equipment which it needs. The alternatives are as follows: Alternative A:PurchaseCost of Equipment 700,581Salvage Value 105,896Daily operating cost 534Economic life, years 10 Alternative B: Rental at 1,539 per day. At 18% interest, how many days per year must the equipment be in use if Alternative A is to be chosen.
- Stryker Industries received an offer from an exporter for 22,000 units of product at $17 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price Unit manufacturing costs: Variable Fixed $23 12 3 The amount of profit or loss from acceptance of the offer is a Oa. $110,000 Ob. $264,000 Oc. $506,000 Od. $374,000S A firm is considering three mutually exclusive alternatives as part of a production improvement program. The alternatives are as follows 28 B Installed cost S8.000 S12,000 S16.000 Uniform annual benefit 1,600 1,750 2.050 Useful life, in years 10 20 20 For each alternative, the salvage válue at the end of useful life is zero. At the end of 10 years, Alt. A could be replaced by another A with identical cost and benefits. (a) Construct a choice table for interest rates from 0 to 100 (b) The MARR is 12. If the analysis period is 20 years, which alternative should be selected?1. The following CVP income statements are available for ABC Company and XYZ Company. АВС Сompany XYZ Company CVP I/S for 2020 CVP I/S for 2020 Sales $500,000 300,000 200,000 180,000 $500,000 180,000 320,000 300,000 $ 20,000 Variable costs Contribution margin Fixed costs Operating income $ 20,000 (a) Compute the break-even point in dollars and the margin of safety ratio for each company. (b) Compute the degree of operating leverage for each company. (c) Assuming that sales revenue decreases by 20%, prepare a CVP income statement for each company. (d) Assuming that sales revenue increases by 20%, calculate the operating incomes of the two companies without preparing income statement. (Use DOL)
- Stryker Industries received an offer from an exporter for 21,000 units of product at $19 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $23 Unit manufacturing costs: Variable Fixed 9 4 The amount of profit or loss from acceptance of the offer is a a. $483,000 Ob. $189,000 ○ c. $399,000 Od. $210,000In a fixed price incentive fee contract, the target cost is $100,000 and the target profit is 10%. A price ceiling has been set at $110,000. The share ratio percentage for the vendor is 30%. If the actual cost is $80,000, what is the overhead fee for this procurement? $10,000 $16,000 $6,000 $96,000Assume that sales are predicted to be $26250 the expeccted contribution margin is $1o,500, and a net loss of S1.750 is anticipated. The break-even point in sales (S) i Select one: Oa. 21,875 Ob.28,00D Oc30,625 d.14583 Oe 20417