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Accounting

Hello, I need someone to answer these questions for me and properly count and complete the tasks below:

Yurts Ltd manufactures a single product which it sells for £200. The details of the costs are as follows:

Annual Rent £50,000

Yearly Insurance premium £10,000

Other Annual Fixed costs £5,000

Material cost per unit £70

Labour cost per unit £65

Yurts has budgeted production and sales to be 3,000 this year but is only expecting 2,500.

Required:

Calculate Yurt’s break-even sales volume AND

Produce a break-even chart, clearly showing the Margin of Safety if the expected sales are met.

Yurt’s Managing Director is concerned with the sales forecast, he needs the business to generate a profit of £130,000 in order to support his lifestyle. Using the figures above, calculate the sales volume necessary to obtain his required profit.

The salesmen insist that 2,500 units is the maximum they can sell. In order to achieve the Managing Director’s required profit he must reduce EITHER

Variable Costs or Fixed Costs:

Show by how much the variable Cost per unit must be reduced

Show by how much the annual Fixed Costs must be reduced

Yurts Ltd manufactures a single product which it sells for £200. The details of the costs are as follows:

Annual Rent £50,000

Yearly Insurance premium £10,000

Other Annual Fixed costs £5,000

Material cost per unit £70

Labour cost per unit £65

Yurts has budgeted production and sales to be 3,000 this year but is only expecting 2,500.

Required:

Calculate Yurt’s break-even sales volume AND revenue

Produce a break-even chart, clearly showing the Margin of Safety if the expected sales are met.

Yurt’s Managing Director is concerned with the sales forecast, he needs the business to generate a profit of £130,000 in order to support his lifestyle. Using the figures above, calculate the sales volume necessary to obtain his required profit.

The salesmen insist that 2,500 units is the maximum they can sell. In order to achieve the Managing Director’s required profit he must reduce EITHER Variable Costs or Fixed Costs:

Show by how much the variable Cost per unit must be reduced

Show by how much the annual Fixed Costs must be reduced

Taidot: kirjanpito, Kirjanpito, Liiketoiminta-analyysi, Excel, Rahoitus

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Tietoa työnantajasta:
( 1 arvostelu ) Prague, Czech Republic

Projektin tunnus: #17517768

66 freelanceria on tarjonnut keskimäärin %project_bid_stats_avg_sub_26% %project_currencyDetails_sign_sub_27% tähän työhön

£44 GBP 3 päivässä
(566 arvostelua)
7.8
alicejax

Hey, I have gone through the project description and I can help you in solving the question. I have done my masters in Accounting from the University of Toronto. I have been doing this work for last 5 years. I can han Lisää

£150 GBP 3 päivässä
(215 arvostelua)
7.6
charleslimnet

Dear esteemed client, I possess exceptional accounting skills and experience. I have successfully completed over 2000 related projects and the responses are positively overwhelming as you can see from my reviews. I ho Lisää

£150 GBP 3 päivässä
(225 arvostelua)
7.0
RRconsultant

Greetings! I am an Accounting specialist with CPA equivalent qualification. I am keen to help you here. Look forward to hear from you. Thanks, RRC

£150 GBP 5 päivässä
(78 arvostelua)
6.6
writerforum91

Hey, I’m an experienced financial analyst and I can help you in calculating Yurt’s break-even sales volume and revenue. I can assure you the most suitable and high quality work. I am offering my services for more th Lisää

£150 GBP 3 päivässä
(36 arvostelua)
5.9
£40 GBP 1 päivässä
(144 arvostelua)
6.2
yogesh701

Hello there! I am familiar with these questions and they are related with cost accounting subjects. I am keen to write it's solution. Should you have any query, please feel free to ask. Regards, Yogesh

£50 GBP 1 päivässä
(33 arvostelua)
5.5
MethewJ

Hello, Being an ACCA, I can help you with the question. All you are needed to do is give an opportunity, and let me handle the rest. Looking forward to your response ThankYou TRA

£100 GBP 3 päivässä
(54 arvostelua)
5.2
£97 GBP 1 päivässä
(22 arvostelua)
5.4
renesontiongson

Pleasure to help you. I read your post and how I wish I can reach and help you with your project. Feel free to message me to start the job. Thank you so much.

£100 GBP 3 päivässä
(75 arvostelua)
5.5
Ashisjena2015

Hi, I'm a Chartered Accountant / CPA having more than 10 years in management accounting. Please discuss in detail over chat now as I did similar work on past. I CAN finish this job within 2 hour. It will be great for m Lisää

£50 GBP 0 päivässä
(69 arvostelua)
5.8
jkc2018

Hi there, I am interested in your project. Please message me to discuss more. Regards Jeetendra Chaurasia

£111 GBP 7 päivässä
(26 arvostelua)
4.6
haleem0786

i have good command over Ms excel especially pivot table, charts, advance formulas, formatting, accounting etc. Please inbox me for detail, Thanks

£100 GBP 2 päivässä
(14 arvostelua)
3.6
JSKS217

Dear Employer, I have read your project requirements and understood that you need a good accountant. I am working in this field for 3 years and can help you with this project within the timelines with not compromisi Lisää

£80 GBP 3 päivässä
(20 arvostelua)
3.8
Mfaisalshahzad00

Hi, I will make a dynamic template for you to answer similar questions. Price and duration is negotiable. I am expert in Excel having 12 Yrs Professional experience. I’ll complete task with 100% Accuracy a Lisää

£200 GBP 1 päivässä
(17 arvostelua)
3.8
Inamurrehman1985

I have CA background and professional freelancer. Contact me for quality work, time commitment and professionalism. Being a corporate professional and part of accountancy circles I can deliver you something different f Lisää

£90 GBP 2 päivässä
(17 arvostelua)
4.1
shaz123

Thank You for Reviewing my Proposal. I Am Certified Public Accountant and i received a Certified Public Accountant license from the State of Texas. Done Bachelor of Business Administration (BBA) degree in Accounting Lisää

£150 GBP 3 päivässä
(4 arvostelua)
3.8
£30 GBP 1 päivässä
(9 arvostelua)
3.3
engrmaliksultan

This is a case study of Macro Economics , and certainly includes Break even Analysis , financial ratios , margin Of safety etc I can do the job for you handsomely I can also go one step further and also do analysis on Lisää

£50 GBP 3 päivässä
(5 arvostelua)
3.0
Godfreyvictor

Hello, Top of the day. Trust you are doing great. I will like to work with you on your project. I am a professional accountant with wealth of experience in finance, accounting, costing accounting, management Lisää

£50 GBP 1 päivässä
(6 arvostelua)
2.5