Cost Profit Volume Analysis You are helping a luxury handmade soap company conducting CVP analysis....
70.2K
Verified Solution
Link Copied!
Question
Accounting
Cost Profit Volume Analysis You are helping a luxury handmade soap company conducting CVP analysis. Complete the table below with given information. Goat Milk Soap Moisturiser Care Soap Balanced & Mild Soap Total 200 110 290 Expected Sales Volume (unit) per month Selling Price per soap $ 55.00 $ 75.00 $ 65.00 Variable Cost per soap $ 20.00 $ 25.00 $ 25.00 Contribution Margin per soap $ $ $ Expected Sales Mix Percentage % % % WACM $ $ $ $ Rent and equipment cost per year $ 10,200 Full time supervisor salary per year $ 48,000 Website maintenance cost per year $5,000 Tax Rate 30 % Desired after tax profit per year $ 24,000 How many soaps the company needs to sale to reach its desired after tax profit per year? How many of Moisturiser Care Soap needs to be sold when the company has reached its desired after tax profit per year? Save answers
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!