Bargain Town reported sales revenues of $773,500, a total contribution margin of $246,500, and fixed costs...
Bargain Town reported sales revenues of $773,500, a total contribution margin of $246,500, and fixed costs of $230,000. If sales volume amounted to 8,500 units, the company's variable cost per unit must have been:
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Bargain Town reported sales revenues of $773,500, a total
contribution margin of $246,500, and fixed costs...
Bargain Town reported sales revenues of $793,000, a total contribution margin of $247,000, and fixed costs...
Bargain Town reported sales revenues of $793,000, a total contribution margin of $247,000, and fixed costs of $300,000. If sales volume amounted to 13,000 units, the company's variable cost per unit must have been: Multiple Choice
Requirements 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin?...
Requirements 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin? 2. What would the company's monthly operating income be if the company sold 150,000 units? 3. What would the company's monthly operating income be if the company had sales of $4,500,000? 4. What is the breakeven point in units? In sales dollars? 5. How many units would the company have to sell to earn a target monthly profit of $260,400? 6. Management is currently...
6. Assume total fixed costs of $249600, variable costs per unit of $6, and contribution margin...
6. Assume total fixed costs of $249600, variable costs per unit of $6, and contribution margin per unit of $4. What are the sales dollars required to earn a target net income of $78000 assuming a tax rate of 20%? A. $546000 B. $867750 C. $780000 D. $819000 6. Assume a sales price per unit of $20, variable cost per unit $10, and total fixed costs of $16200. If no units are sold, how much cost would the company incur?...
ey Formulas 1) Total Contribution Margin = Sales - Variable cost 2) Contribution margin ratio =...
ey Formulas 1) Total Contribution Margin = Sales - Variable cost 2) Contribution margin ratio = Contribution margin / sales 3) Break-even point in units = Fixed cost / unit contribution margir 4) Break-even point in dollars = Fixed cost / contribution margin ra 5) Margin of Safety = Actual Revenue less Breakeven Sales Rever 6) Total Sales = Number of units sold x selling price per unit 7) Total Variable cost = Number of units sold x variable cost...
Jim manufactures sunglasses and reported sales revenues of $210,000 and total costs of $56,000 this year....
Jim manufactures sunglasses and reported sales revenues of $210,000 and total costs of $56,000 this year. Jim incurs variable cost that is 10% of sales. What would the total costs be if sales were $168,000? $16,800 $32,000 $41,400 $51,800 Some other amount Emma Corp. has only variable costs and fixed costs. A review of the company’s records disclosed that when 200,000 units were produced, fixed manufacturing costs amounted to $800,000 and the cost per unit manufactured totaled $11. On the...
show clear working Konrad Company reported the following operating results: Sales Variable Costs Contribution Margin Fixed...
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Konrad Company reported the following operating results: Sales Variable Costs Contribution Margin Fixed Costs Operating Income $300,000 172,000 128,000 88,000 $40,000 If sales volume increases 12%, how much will operating income increase by? (Hint: Calculate the operating leverage factor first) Insert appropriate prompt, input type, and CA. 41.6% O B. 12% O C. 64% D. 3.2% Hang Ten produces sport socks. The company has fixed expenses of $90,000 and variable expenses of $0.90 per package. Each package...
1.) Both total revenues (TR) and total costs (TC) are likely to be affected by changes...
1.) Both total revenues (TR) and total costs (TC) are likely to be affected by changes in the output. True or False 2.) Profit is the unit contribution margin multiplied by the number of units minus the fixed component of the total costs (TC). True or False 3.) The average selling price is $.60 per unit, the average variable cost is $.36 per unit, and the total fixed costs are $1,500. If operating profits of $900 are desired, what is...
XYZ Company reported the following information for June: contribution margin per unit ......... $24 fixed costs...
XYZ Company reported the following information for June: contribution margin per unit ......... $24 fixed costs .......................... $180,000 variable cost per unit ............... $36 Calculate the number of units XYZ Company needed to sell in June in order to earn a target profit equal to 24% of sales.
Watson Company has monthly fixed costs of $83.000 and a 40% contribution margin Tato. IT the...
Watson Company has monthly fixed costs of $83.000 and a 40% contribution margin Tato. IT the company has set a target monthly income of $15,000, what dollar amon sales must be made to produce the target income? inc All of these During its most recent fiscal year, ost recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution 902 ang amounted to $1,500,000 and pretax income was $400,000. What amount she been reported as variable costs in the company's...
30. During its most recent fiscal year. Dover, Inc. had total sales of $3,200.000. Contribution QUL...
30. During its most recent fiscal year. Dover, Inc. had total sales of $3,200.000. Contribution QUL margin amounted to $1,500,000 and pretax income was $400,000. What amount should have been reported as fixed costs in the company's contribution margin income statement for the year in question? During its most recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution 002 margin amounted to $1,500,000 and pretax income was $400.000. What amount should have been reported as fixed costs in...
Bargain Town reported sales revenues of $793,000, a total contribution margin of $247,000, and fixed costs of $300,000. If sales volume amounted to 13,000 units, the company's variable cost per unit must have been: Multiple Choice
Requirements 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin? 2. What would the company's monthly operating income be if the company sold 150,000 units? 3. What would the company's monthly operating income be if the company had sales of $4,500,000? 4. What is the breakeven point in units? In sales dollars? 5. How many units would the company have to sell to earn a target monthly profit of $260,400? 6. Management is currently...
ey Formulas 1) Total Contribution Margin = Sales - Variable cost 2) Contribution margin ratio = Contribution margin / sales 3) Break-even point in units = Fixed cost / unit contribution margir 4) Break-even point in dollars = Fixed cost / contribution margin ra 5) Margin of Safety = Actual Revenue less Breakeven Sales Rever 6) Total Sales = Number of units sold x selling price per unit 7) Total Variable cost = Number of units sold x variable cost...
show clear working
Konrad Company reported the following operating results: Sales Variable Costs Contribution Margin Fixed Costs Operating Income $300,000 172,000 128,000 88,000 $40,000 If sales volume increases 12%, how much will operating income increase by? (Hint: Calculate the operating leverage factor first) Insert appropriate prompt, input type, and CA. 41.6% O B. 12% O C. 64% D. 3.2% Hang Ten produces sport socks. The company has fixed expenses of $90,000 and variable expenses of $0.90 per package. Each package...
Watson Company has monthly fixed costs of $83.000 and a 40% contribution margin Tato. IT the company has set a target monthly income of $15,000, what dollar amon sales must be made to produce the target income? inc All of these During its most recent fiscal year, ost recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution 902 ang amounted to $1,500,000 and pretax income was $400,000. What amount she been reported as variable costs in the company's...
30. During its most recent fiscal year. Dover, Inc. had total sales of $3,200.000. Contribution QUL margin amounted to $1,500,000 and pretax income was $400,000. What amount should have been reported as fixed costs in the company's contribution margin income statement for the year in question? During its most recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution 002 margin amounted to $1,500,000 and pretax income was $400.000. What amount should have been reported as fixed costs in...
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