Gafat Engineering Ethio Plc manufactures two types of TV set

Gafat Engineering Ethio Plc manufactures two types of TV sets LCD and CRT both having only one model. The LCD and CRT television sets sell for Br 9 000 and Br5 000 respectively. The company sells its products through its own stores and other outlets. Total fixed expenses are Br15 000 000 per month. Variable expenses and monthly sales data are given below: LCD CRT Variable expenses Br5 000 Br2 000 Monthly sales in units 2 000 3 000 Required: ( unless stated figures should be computed for one month ) a) Determine breakeven total volume of sales and sales volume for each product. b) Determine sales volume and sales revenue for the company to earn Br500 000 profit after 30% profit tax. c) The company has planned to incur Br 200 000 monthly selling (promotional) expenses to increase sales volume for its LCD TV sets to 4 000. If the plan materializes and other things remain constant determine breakeven sales volume and sales revenue for the company. d) The company has planned to buy new and improved technology that reduces variable production expenses for its LCD TV set to Br4 000 while increasing its monthly fixed production costs by Br500 000. If the plan materializes and other things remain constant determine breakeven sales volume and sales revenue for the company. e) If the company is guaranteed with total sales volume of 10 000 TV sets in a given month should it go for option c or d above given that sales mix remained constant as provided in each of the two options? Why? What if the guaranteed total sales volume of 7 000 instead of 10 000? Why? What should be the guaranteed total sales volume for the two options to provide equal profit to the company? View the Answer —————————————————————————————————————————————— 2 | P a g e 2. Sino-woodworks Ethiopia Ltd makes office furniture from fine hardwoods. The company uses a job-order costing system and predetermined overhead rates to apply manufacturing overhead cost to jobs. The predetermined overhead rate in the Preparation Department is based on machine-hours and the rate in the Fabrication Department is based on direct materials cost. At the beginning of the year the companys management made the following estimates for the year: Job-C was started on April 1 and completed on May 12. The companys cost records show the following information concerning the job: Required: a) Compute the predetermined overhead rate used during the year in the Preparation and Fabrication Departments. b) Compute the total overhead cost applied to Job-C. c) What would be the total cost recorded for Job-C? If the job contained 25 units what would be the unit product cost? d) At the end of the year the records of the company revealed the following actual cost and operating data for all jobs worked on during the year: What was the amount of under-applied or over-applied overhead in each department at the end of the year? Show entire document wonditi posted a question Apr 06 2016 at 12:57pm Sign up to view the entire interaction Top Answer Let me explain the… View the full answer ATTACHMENT PREVIEW Download attachment chris.docx 1. a) Sales- variable cost fixed cost=0Sales =9000 x 2b +5000 x3b18000b+15000b=33000bVariable cost =5000 x 2b+ 2000x3b=16000b33000b-16000b= 17000b17000b=15000000=883 units at breakeven… patriciachenagat answered the question Apr 06 2016 at 7:31pm View Full Answer or ask a new question This question was asked on Apr 06 2016 and answered on Apr 06 2016 for the course MBA 511 at Ashland University. Related Questions Assignment help please? Attached is the instruction sheet and PowerPoint about the Balance Scorecard about the organization. The name of the selected *please also see attached- question in discussion is case study 3 3. Case Problem – Assigning Doctors to Medical Research Projects (The professor will offer i need answers of these questions please any help now Please see attached problem from my organizational communication class. My team has been hired as organizational communication consultants to develop a report Please see attached. 50 multi choice questions. Looking for at least 90% correct I need answer argent In attached file all q After one hr please Recently Asked Questions Please answer these questions with explanation. I need to understand them. 5) Evaluate strengths and limitations of BLS unemployment statistics. 6) What are the causes of frictional cyclical and structural unemployment? 7) What Please show steps for future use and clarify briefly Thank you About this Question SCHOOL Ashland University COURSE MBA 511 STATUS Answered CATEGORY Business Management DATE ANSWERED Apr 06 2016 EXPERT patriciachenagat Report Need a Management tutor? experiencedwriterexp… 11 Management experts found online!Average reply time is less than an hour Get Homework Help Why Join Course Hero? Course Hero has all the homework and study help you need to succeed! Weve got course-specific notes study guides and practice tests along with expert tutors and customizable flashcardsavailable anywhere anytime. – Educational Resources – Study Documents Find the best study resources around tagged to your specific courses. Share your own to gain free Course Hero access or to earn money with our Marketplace. Browse Documents – Question & Answers Get one-on-one homework help from our expert tutorsavailable online 24/7. Ask your own questions or browse existing Q&A; threads. Satisfaction guaranteed! Ask a Question – Flashcards Browse existing sets or create your own using our digital flashcard system. A simple yet effective studying tool to help you earn the grade that you want! Browse Flashcards

Also read:

Also read: