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ourarian ·/npC-B.in nosth. The compuaty esperiencod fast gnowth of t seles have

ID: 2567723 • Letter: O

Question

ourarian ·/npC-B.in nosth. The compuaty esperiencod fast gnowth of t seles have begus to slow down in rocent years t. HPC has the Sollowing cost stractare und sales fev yeses a asbscribers iteve e as ne" oemp-e> operinoss ata yearly basic revesue for i n ss4 378. 000 per year tion s. oo per sabeargtn RM 8.40 per subocripion Per subscripdon Manufecturing (HAC-Coln Administrative (MPC-Golt. arable costs ne ditren depending on the thickness and sepplanariary segtienb added Sales lufarnados (hased on aumber of sebscriptioss) k2 12.4 C-Business 25,000 units 75,000 ut Seling Price HPC-BusiresS HPC-Golf. MS2 per subscnption 30 per suheeription Reyatrol Use the above data to determine the following 4 marks) i Contnbution margin per unit for HAC-Busines and for HPC-el ii HPC's breakeven point in sales units. Use weighted-average contribuntion margia 3 marks) (2 marks) asproach and shou calculations. iii. That is he breakeven sales (in RM) for each magazine? i. What sales level (in total units) at the assumed sales mix is required to reach a before-tax (4 marks) profit of 575,0002 With reference to (ivi, what is the number of subscription for each magazine? (3 marks) (5 marks) vi. Delemine HPC budgeted net income for the year.

Explanation / Answer

i.Margin per unit= Selling price- Variable cost

20-12.4

=7.6

ii.Break even sales in units= Fixed cost/ Margin per unit=278000/7.6=36578.94 units

iii.Breakeven sales in RM= 36578.94UNITS*20= $731580

iv.Sales (in units)= (Fixed cost+ Desired profi)Margin per unit

(278000+75000).6=46447.37 units

v.Number of subscription =46447.37=23224 per subscription

vi.Budgeted net income=

Sales=25000*52+75000*20 =2800000

Less Variable cost

25000*41.9+75000*12.4 =2225500

Contribution =574500

Less Fixed Cost =278000

Budgeted Income =296500