SPMA 3P27 Final Exam Latest Update 2024-2025
Actual Exam from Credible Source with 115
Questions and 100% Verified Detailed Correct
Answers Guaranteed A+ Approved by Professor
(Sales price of Product A x Sales % of Product A) + (Sales price of Product B x Sales %
of Product B) - CORRECT ANSWER: Weighted Average Selling Price
(total # of products in quarter) x (hourly wage x hour per unit) - CORRECT ANSWER:
Direct Labour Cost
(Total # of products produced in the quarter) x (hourly wage x hour per unit) -
CORRECT ANSWER: Direct Labour Cost Formula
(Variable expenses of Product A x Sales % of Product A) + (Variable expenses of
Product B x Sales % of Product B) - CORRECT ANSWER: Weighted Average Variable
Expenses
= (your average price - average price)/average price - CORRECT ANSWER: Premium
and Discount Price Formula
= total fixed expenses / weighted avg selling price - weighted average variable
expenses - CORRECT ANSWER: Breakeven Point
ABC Company is selling basketballs for $50. The variable cost for each basketball is
$15 and the annual fixed costs are $80,000.
How many basketballs would the company need to sell to breakeven with after tax
profits of $10,000 if the tax rate is 35%? - CORRECT ANSWER: A) 2726 B) 2725 C)
2572 D) 2571
,ABC Company is selling basketballs for $50. The variable cost for each basketball is
$15 and the annual fixed costs are $80,000.
How many basketballs would the company need to sell to breakeven with before tax
profits of $10,000? - CORRECT ANSWER: A) 2285 B) 2286 C) 2572 D) 2571
After tax profit/ (1- tax rate) - CORRECT ANSWER: After Tax Formula
Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are
$53,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is
60% polos and 40% tees. How many polos do we need to sell to break even? -
CORRECT ANSWER: A) 1200 B) 994 C) 995 D) 1201
Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are
$53,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is
60% polos and 40% tees. What is the total break even units? - CORRECT ANSWER: A)
1656 Units B) 1657 Units C) 3312 Units D) 3313 Units
Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are
$53,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is
60% polos and 40% tees. What is the weighted contribution? - CORRECT ANSWER: A)
32 B) 48 C) 16 D) 12
Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are
$53,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is
60% polos and 40% tees. What is the weighted Price? - CORRECT ANSWER: A) 35 B)
48 C) 16 D) 12
Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are
$53,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is
60% polos and 40% tees. What is the weighted Variable Cost? - CORRECT ANSWER:
A) 35 B) 48 C) 16 D) 12
At Ace Corporation, each headband takes 0.05 hours of direct labour
Wage Rate of $15 per hour regardless of the hours worked
, No increased rate for overtime pay
The production from the quarter was: April 26,000; May 46,000; June 29,000What is the
total direct labour cost for the quarter? - CORRECT ANSWER: 75,750
At the end of NPV do you subtract the initial investment? - CORRECT ANSWER: Yes
Blue Ocean - CORRECT ANSWER: uncontested market space
Considering "Cash Collection", assuming your business collects 50% of sales in the
same month and 35% in the next month, 10% in the subsequent month, and the rest is
written off as 'bad debt'; assuming $150,000 sales in June, how much will the company
write-off from June sales? - CORRECT ANSWER: A) $10,000 B) $7,500 C) $15,000
Considering "Cash Collection", assuming your business collects 50% of sales in the
same month and 35% in the next month, 15% is written off as 'bad debt'; assuming
$150,000 sales in June, how much will the company collect in July (from June sales)? -
CORRECT ANSWER: A) $75,000 B) $12,500 C) $52,500 D) $5,000
Considering a machine that costs $10,000 and generates $7,000 per year in gross
savings (it costs $2,000 per year in maintenance) leaving $5,000 in NET savings ...
assume a 7% hurdle and a useful life of FOUR years - what is the NPV - CORRECT
ANSWER: A) 6936.06 B) (6936.06) C) 13710.48 D) (13710.48)
Contribution per unit / selling price per unit - CORRECT ANSWER: Contribution Margin
Ratio Formula
Cost of activities needed to produce goods and services - CORRECT ANSWER: Activity
Based budgeting
Cost of investment / by annual net cash inflow or savings
Divided final two digits by 52 to get weeks - CORRECT ANSWER: Payback Method
Actual Exam from Credible Source with 115
Questions and 100% Verified Detailed Correct
Answers Guaranteed A+ Approved by Professor
(Sales price of Product A x Sales % of Product A) + (Sales price of Product B x Sales %
of Product B) - CORRECT ANSWER: Weighted Average Selling Price
(total # of products in quarter) x (hourly wage x hour per unit) - CORRECT ANSWER:
Direct Labour Cost
(Total # of products produced in the quarter) x (hourly wage x hour per unit) -
CORRECT ANSWER: Direct Labour Cost Formula
(Variable expenses of Product A x Sales % of Product A) + (Variable expenses of
Product B x Sales % of Product B) - CORRECT ANSWER: Weighted Average Variable
Expenses
= (your average price - average price)/average price - CORRECT ANSWER: Premium
and Discount Price Formula
= total fixed expenses / weighted avg selling price - weighted average variable
expenses - CORRECT ANSWER: Breakeven Point
ABC Company is selling basketballs for $50. The variable cost for each basketball is
$15 and the annual fixed costs are $80,000.
How many basketballs would the company need to sell to breakeven with after tax
profits of $10,000 if the tax rate is 35%? - CORRECT ANSWER: A) 2726 B) 2725 C)
2572 D) 2571
,ABC Company is selling basketballs for $50. The variable cost for each basketball is
$15 and the annual fixed costs are $80,000.
How many basketballs would the company need to sell to breakeven with before tax
profits of $10,000? - CORRECT ANSWER: A) 2285 B) 2286 C) 2572 D) 2571
After tax profit/ (1- tax rate) - CORRECT ANSWER: After Tax Formula
Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are
$53,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is
60% polos and 40% tees. How many polos do we need to sell to break even? -
CORRECT ANSWER: A) 1200 B) 994 C) 995 D) 1201
Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are
$53,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is
60% polos and 40% tees. What is the total break even units? - CORRECT ANSWER: A)
1656 Units B) 1657 Units C) 3312 Units D) 3313 Units
Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are
$53,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is
60% polos and 40% tees. What is the weighted contribution? - CORRECT ANSWER: A)
32 B) 48 C) 16 D) 12
Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are
$53,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is
60% polos and 40% tees. What is the weighted Price? - CORRECT ANSWER: A) 35 B)
48 C) 16 D) 12
Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are
$53,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is
60% polos and 40% tees. What is the weighted Variable Cost? - CORRECT ANSWER:
A) 35 B) 48 C) 16 D) 12
At Ace Corporation, each headband takes 0.05 hours of direct labour
Wage Rate of $15 per hour regardless of the hours worked
, No increased rate for overtime pay
The production from the quarter was: April 26,000; May 46,000; June 29,000What is the
total direct labour cost for the quarter? - CORRECT ANSWER: 75,750
At the end of NPV do you subtract the initial investment? - CORRECT ANSWER: Yes
Blue Ocean - CORRECT ANSWER: uncontested market space
Considering "Cash Collection", assuming your business collects 50% of sales in the
same month and 35% in the next month, 10% in the subsequent month, and the rest is
written off as 'bad debt'; assuming $150,000 sales in June, how much will the company
write-off from June sales? - CORRECT ANSWER: A) $10,000 B) $7,500 C) $15,000
Considering "Cash Collection", assuming your business collects 50% of sales in the
same month and 35% in the next month, 15% is written off as 'bad debt'; assuming
$150,000 sales in June, how much will the company collect in July (from June sales)? -
CORRECT ANSWER: A) $75,000 B) $12,500 C) $52,500 D) $5,000
Considering a machine that costs $10,000 and generates $7,000 per year in gross
savings (it costs $2,000 per year in maintenance) leaving $5,000 in NET savings ...
assume a 7% hurdle and a useful life of FOUR years - what is the NPV - CORRECT
ANSWER: A) 6936.06 B) (6936.06) C) 13710.48 D) (13710.48)
Contribution per unit / selling price per unit - CORRECT ANSWER: Contribution Margin
Ratio Formula
Cost of activities needed to produce goods and services - CORRECT ANSWER: Activity
Based budgeting
Cost of investment / by annual net cash inflow or savings
Divided final two digits by 52 to get weeks - CORRECT ANSWER: Payback Method
