QUESTION 2
If the Souperman spoon selling price is $30
The fixed costs are $1,365,900
Contribution Margin = 29%
What is the Break-Even point in spoons sold?
Note: the dollar amount calculated for variable cost per unit from the data in this question will be used in questions 3-5
A. |
13,204 spoons |
|
B. |
45,530 spoons |
|
C. |
64,127 spoons |
|
D. |
157,000 spoons |
3 points
QUESTION 3
If the price is increased by 11% per spoon in the above question what is the amount of Souperman spoons to be sold to Break Even? (The variable cost per unit remains at the dollar amount calculated in the above question)
A. |
57,074 spoons |
|
B. |
113,825 spoons |
|
C. |
139,730 spoons |
|
D. |
150,249 spoons |
3 points
QUESTION 4
Cam Newton and the Duchess of Cornwall both buy new Black Rolls-Royce Phantom's for $505,500 each and depreciate the total cost evenly over 5 years.
The annual depreciation is added to the total fixed costs.
If Cam Bowles Soup Company kept the unit price with the 11% increase what is the new break even amount of Souperman spoons to be sold given the Phantom purchases.
A. |
124,474 spoons |
|
B. |
130,675 spoons |
|
C. |
207,130 spoons |
|
D. |
337,000 spoons |
3 points
QUESTION 5
Cam and Camilla want their Phantoms and they want to split a million dollars too.
How many Souperman spoons must be sold at $33.80 price to have income from operations be a cool $1,000,000? (using the same dollar amount variable cost/unit as questions 2-4)
(with the one year depreciation expense from the Phantoms)
A. |
205,448 spoons |
|
B. |
236,716 spoons |
|
C. |
255,675 spoons |
|
D. |
344,512 spoons |
QUESTION 2 If the Souperman spoon selling price is $30 The fixed costs are $1,365,900 Contribution...
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Feeling ignored by Campbell's Chunky soup, Cam Newton teamed up with the Duchess of Cornwall Camilla Parker Bowles to start his own soup company Cam Bowles Soup Company. The company has found success from products such as New Eatin Cam Chowder soup, Chicken and Dablings soup, and a black hard plastic spoon named "The Souperman Spoon". The polishing cost to shine the spoons is a mixed cost....
2. Let us assume that fixed and variable costs remain constant, the decreases of selling price will (3 Points) decrease the break even volume have no any effect increase the break-even volume decrease resource drivers increase resource drivers 3.In an activity-based costing system, direct materials used would typically be classified as a (3 Points) unit-level cost batch-level cost facility-level cost product-sustaining cost management-level cost
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has foed cost of $350,600. The variable cost per unit is $0.40. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $115 and has fixed cost of $459,500. Next year, Sooner expects to sell...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $353,000. The variable cost per unit is $0.45. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $111 and has fixed cost of $414,000. Next year, Sooner expects to sell...
Required information Exercise 6-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (L06-4) [The following information applies to the questions displayed below.) Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Per Unit $ 90 63 $ 27 Percent of Sales 1009 70 304 Fixed expenses are $78,000 per month and the company is selling 3,500 units per month Exercise 6-5 Part 2 2-a. Refer to the original data. How much will net operating...
Question 28 3 p If fixed costs are $250,000, the unit selling price is $125, and the unit variable costs are $73, what are the break-even sales in units (rounded to a whole number)? O 3,425 units 2,381 units 2,000 units 14,808 units
3 pts Question 28 If fixed costs are $250,000, the unit selling price is $125, and the unit variable costs are $73, what are the break-even sales in units (rounded to a whole number)? 3,425 units 2,381 units O 2,000 units 4,808 units
Mauro Products distributes a single product, a woven basket whose selling price is $30 per unit and whose variable expense is $25 per unit. The company’s monthly fixed expense is $12,500. Required: 1. Calculate the company’s break-even point in unit sales. 2. Calculate the company’s break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round...
Sales Mix and Break-Even
Analysis
Conley Company has fixed costs of $17,802,000.
The unit selling price, variable cost per unit, and
contribution margin per unit
for the company’s two products follow:
Product Model
Selling Price
Variable Cost per Unit
Contribution Margin per Unit
Yankee
$180
$99
$81
Zoro
225
135
90
The sales mix for products Yankee and Zoro is 80% and 20%,
respectively. Determine the break-even point in
units of Yankee and Zoro.
1 eBook Show Me How Sales...
Steven Company has fixed costs of $345,268. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per unit Variable Cost per unit Contribution Margin per unit X $1,216 $456 $760 Y 409 219 190 The sales mix for products X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined. Round answer to nearest whole number. (?)units