Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. perfect pets ltd have provided you with the follow

Perfect Pets Ltd have provided you with the following information for the month of October....

50.1K

Verified Solution

Question

Accounting

Perfect Pets Ltd have provided you with the following information for the month of October. Sales totalled $382,200. The manufacturing expenses were all variable and totalled $72,000. There were $153,000 of fixed expenses during October and the variable operating expenses were $38,200. Volume in October was 15,288 units.

Note: Always round before continuing to use the number, ie round immediately.

  1. Rearrange the information above into contribution margin format, allowing you to calculate the profit achieved.
  2. What is the selling price per unit?
  3. What is the variable cost per unit?
  4. Calculate break-even in units.
  5. Calculate break-even in $.

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!
Become a Member

Other questions asked by students

Q

You are a Consultant for the professional service firm, BUSI 2083 LLP. Your firm specializes in...

Finance
Q

Consider the hypothesis test below. H 0:  p 1 -  p 2  0   H a:  p 1 -  p 2 > 0 The following results...

Statistics
Q

Suppose you used a paper chromatography method to separate all the amino acids, but aspartate (aspartic...

Biology
Q

Iterative implementation of a recursive algorithm executes faster than recursive implementation because no _____ needs to...

Programming
Q

USING JAVA (netbeans) In your main, ask the user for an int. Do this by first...

Programming
Q

A solid sphere of mass m is released on the plank of mass M which...

Physics
Q

The angle 0 is an acute angle and sin i 180 Use the Pythagorean identity...

Geometry
Q

Average Rate of Return Method, Net Present Value Method, and Analysis The capital...

Accounting
Q

0 Required information [The following information applies to the questions displayed below.) Onslow Co. purchased...

Accounting
Q

REQUIRED 4.1 Prepare the Cost Statement for the year ended 28 February 2023 that shows...

Accounting
Q

Discuss the motives of why C-Suite executives would commit fraud and how understanding the motive...

Accounting
Q

The Warren Watch Company sells watches for $21, fixed costs are $135,000, and variable costs...

Finance