yared plc assembles and sells bicycles in bahir dar city. the company expects to sale 400 bicycles for br. 600 each in 2015. the total variable and fixed costs for there sales are br. 160,000 and 50,000 respective.
Required
a. how many bicycle should be sold for yared plc to each their breakeven point?
b. how many bicycle must be sold to earn a target operating in come of br. 90,000?
c. what amount of sales must yared plc have to earn a target net income of br. 63,000 they have a tax rate of 30 percent?

Answers

Answer 1

a. The number of units to be sold for Yared Plc to break-even is 250 units.

b. The number of units to be sold to earn a target operating income of br. 90,000 is 700 units.

c. The sales amount for Yared Plc to earn a target net income of br. 63,000 is 700 units.

Data and Calculations:

Sales units of bicycles = 400 units

Selling price per unit = br. 600

Total variable costs = br. 160,000

Unit variable cost = br. 400 (br. 160,000/400)

Contribution margin per unit = br. 200 (br. 600 - br. 400)

Fixed costs = br. 50,000

Tax rate = 30%

Net income = income after tax

= 1 - 30%

= 70%

a. The number of units to be sold for Yared Plc to break-even is given by Fixed Costs/Contribution margin per unit

= br. 50,000/br. 200

= 250 units.

b. The number of units to be sold to earn a target operating income of br. 90,000 is given as (Fixed Costs + Target Profit)/Contribution margin per unit

= (br. 50,000 + br. 90,000)/br. 200

= br. 140,000/br. 200

= 700 units.

c. The sales amount for Yared Plc to earn a target net income of br. 63,000 is (br. 50,000 + br. 63,000/(1 - 30%)/br. 200

= (br. 50,000 + br. 90,000)/br. 200

= br. 140,000/br. 200

= 700 units.

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During 2011, Gum Co. introduced a new product carrying a two- year warranty against defects.

The estimated warranty costs related to dollar sales are 2% within 12 months following the sale and 4% in the second 12 months of the sale.

The sale and actual warranty expenditures for the years ended December 31, 2011, and 2012 are as follows:

Sales Actual warranty expenditures
2011 150,000 2,250
2012 250,000 7,500
Total 400,000 9,750
What amount should Gum report as warranty expense on its 12/31/2012 Income Statement?

Answers

The amount that Gum should report as estimated warranty expense on its December 31, 2012 balance sheet is $14,250.

First step is to calculate the estimated cost related to dollar sales

Estimated cost related to dollar sales=2%+4%

Estimated cost related to dollar sales= 6%

Second step is to calculate the estimated warranty expense that should be reported

Estimated warranty expense =(400,000×6%)-Total of actual warranty expenditures of $9,750

Estimated warranty expense=$24,000-$9,750

Estimated warranty expense=$14,250

Inconclusion the amount that Gum should report as estimated warranty expense on its December 31, 2012 balance sheet is $14,250.

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Based on the information given, a leader that I'm aware of is Mahatma Gandhi. He was an ambassador of non-violence.

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Explanation:

D

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Answer:

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The seller refused to sell because the buyer was a minority. The broker could


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Sue for his commission.


Inform the prospective buyer that help may be available from HUD.


Inform the seller that a possible violation of Federal Fair Housing Laws has occurred.


Show the property only to non-minorities per the seller's instructions.

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There are different reasons why people take decisions. The broker could

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Answer: Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations and Expenses are the costs required for something; the money spent on something.

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Answers

Debtors are granted some measures or rights. The option that is not a legal right of a debtor is right to declare bankruptcy.

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Answer:

A. The right to ignore persistent calls from a debt collector

Explanation:

At the end of last year, Cynthia, a 20 percent partner in the five-person CYG partnership, has an outside basis of $28,500, including her $14,000 share of CYG debt. On January 1 of the current year, Cynthia sells her partnership interest to Roger for a cash payment of $21,500 and the assumption of her share of CYG's debt CYG has no hot assets. What is the amount and character of Cynthia's recognized gain or loss on the sale?
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D. $7,500 ordinary income.

Answers

C. $7,000 capital gain

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Net value of Cynthia's share = $28,500 - $14,000

Net value of Cynthia's share = $14,500

The next step is to compute Cynthia's net value of her shares sold to Roger.

Then,

Cynthia's gain = Selling value - Net value of share

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Cynthia's gain  = $7,000

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Q1: Torville Company's contribution margin income statement is presented below.
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Torville Company
Contribution Margin Income Statement
Sales
Variable costs
Contribution margin
Fixed costs
Sales : $125000
Variable cost : $90000
Contribution margin : $35000
Fixed cost : $28000
Net income: $7000
Net income
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20.000
35,000
28.000
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Answers

Based on the sales and the contribution margin, the breakeven point in dollars is $28,000

The breakeven point can be found as:

= Fixed cost / Contribution margin per unit

Breakeven point is therefore:

= 28,000 / (35,000 / 5,000 units)

= 4,000 units

This amount in dollars is:

= (4,000 x (Sales revenue - Variable cost / Number of sales))

= 4,000 x (125,000 - 90,000/ 5,000)

= $28,000

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carryonlearing^^

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B
ОООО
OD

Answers

Answer:

as a consumer myself, I would most likely trust an article about the company in the city newspaper or a conversation with an employee

Explanation:

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Answers

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See full question below

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Allen should request a certificate of non-attachment.

Allen and Charlotte should submit a joint offer-in-compromise.

Charlotte should request relief as an injured spouse.

Charlotte should request relief as an innocent spouse.

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Based on the information, it can be deduced that it's an indication of the uncertainty that exists in the Vietnamese cultural model.

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Answer:

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Answer:

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Research post-secondary options.

Develop a personal profile.

Complete a job application.

Do career research.

Answers

Answer:

Develop a personal profile.

Explanation

doing the test Rn

TRUST ME DANG IT

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#SPJ2

1
2
3
4
5
6
7
8
10
In choosing a career, your personal resources are defined as
the amount of money you require to accept the job when first hire
b. who you are and what you have to offer an employer
your career decisions and goals
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The following comments are relevant to the recent management observations on the occurrences of frauds and errors. Every internal control system has some limitations.

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. Suppose that a farmer grows wheat, which she sells to a miller for $10. The miller turns the wheat into flour, which she sells to a baker for $55. The baker turns the wheat into bread, which she sells to consumers for $140. Consumers eat the bread. What is GDP in this economy

Answers

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