Business, 05.04.2021 23:20 saabrrinnaaa

Victoria Company reports the following operating results for the month of April. VICTORIA COMPANY CVP Income Statement For the Month Ended April 30, 2017 Total Per Unit Sales (9,000 units) $450,000 $50 Variable costs 270,000 30 Contribution margin 180,000 $20 Fixed expenses 150,000 Net income $30,000 Management is considering the following course of action to increase net income: Reduce the selling price by 5%, with no changes to unit variable costs or fixed costs. Management is confident that this change will increase unit sales by 20%.
Using the contribution margin technique, compute the break-even point in units and dollars and margin of safety in dollars: (Round intermediate calculations to 4 decimal places e. g. 0.2522 and final answer to 0 decimal places, e. g. 2,510.)
(a) Assuming no changes to selling price or costs.
Break-even point
Victoria Company reports the following operating r
units
Break-even point
$Victoria Company reports the following operating r
Margin of safety
$Victoria Company reports the following operating r
(b1) Assuming changes to sales price and volume as described above.
Break-even point
Victoria Company reports the following operating r
units
Break-even point
$Victoria Company reports the following operating r
Margin of safety
$Victoria Company reports the following operating r

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 13:20

Moody farms just paid a dividend of $3.95 on its stock. the growth rate in dividends is expected to be a constant 5 percent per year indefinitely. investors require a return of 14 percent for the first three years, a return of 12 percent for the next three years, and a return of 10 percent thereafter. what is the current share price?

Answers: 1

Answer

Business, 22.06.2019 12:50

Afirm’s production function is represented by q(m,r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false

Answers: 3

Answer

Business, 22.06.2019 16:50

In terms of the "great wheel of science", statistics are central to the research process (a) only between the hypothesis phase and the observation phase (b) only between the observation phase and the empirical generalization phase (c) only between the theory phase and the hypothesis phase (d) only between the empirical generalization phase and the theory phase

Answers: 1

Answer

Business, 22.06.2019 20:00

River corp's total assets at the end of last year were $415,000 and its net income was $32,750. what was its return on total assets? a. 7.89%b. 8.29%c. 8.70%d. 9.14%e. 9.59%

Answers: 3

Answer

You know the right answer?

Victoria Company reports the following operating results for the month of April. VICTORIA COMPANY CV...

Questions