Asked by:

dtennwho
Rating : No Rating
Questions Asked: 45
Tutorials Posted: 0

 

$9.50 CVP anaylsis; break even

• From Business: Accounting
• Closed, but you can still post tutorials
• Due on Nov. 16, 2008
• Asked on Nov. 16, 2008 at 11:15:18AM

Q:

CVP analysis -effects change in cost structure; break even.
Camden. Inc., produces small0scale replicas of vintage automobiles for collectors and museums. Finished products are built on a 1/20th scale of originals. The firm's income statement showed the following:

Revenues(1,200 units)..........$792,000
Variable Expense...............435,600

Contribution...................$356,400
Fixed margin...................260,000
Operating income................96,400
Consider Exercise 12-22-a. What is the current contribution margin ratio?

NOTE: Type your answer as a percentage with one decimal place and the percent symbol (in the format 9.9% or 99.9%).
Question 13 answers

Consider Exercise 12-22-a. Calculate the total revenues at the breakeven point.

NOTE: Type your answer as a whole dollar amount with a comma (in the format 9,999 or 99,999).
Question 14 answers

Consider Exercise 12-22-c. Calculate the operating income if the new machine is leased.

NOTE: Type your answer as a whole dollar amount with a comma (in the format 9,999 or 99,999).
Question 16 answers

Consider Exercise 12-22-b. Calculate the total revenues at the breakeven point if the new machine is leased.

NOTE: Type your answer as a whole dollar amount with a comma (in the format 9,999 or 99,999).

 

Attachments: