Homework Answers
Let selling price be $x
Hence Contribution margin=Sales-Variable cost
=(x-25.7) per unit
Total contribution margin would be=Fixed cost+Target profit
=(406300+439162)=845462
Hence contribution margin per unit=(845462/23900)=$35.3749791 per unit
Hence
x-25.7=35.3749791
x=(35.3749791+25.7)
=$61.08 per unit(Approx).
Add Answer to:
CU 90.167 UU 5573,195 EO S070,959 FU 5765,037 8pt The following information is available for the...
8. AO $259,653 BO $324,567 CO 5405USD S pt The following information is available for the...
8. AO $259,653 BO $324,567 CO 5405USD S pt The following information is available for the 24,000 units of X Company's only product sold in 2019: $56.20 Selling price Variable costs per unit $19.00 Total fixed costs $456,000 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's...
U 2327,170 022,032. Assuming CO $369,702 10,JOU alter taxes in 2020? DO 8417,764 EO $472,073 tax...
U 2327,170 022,032. Assuming CO $369,702 10,JOU alter taxes in 2020? DO 8417,764 EO $472,073 tax rate of 35%, what t/ The following information is available for the 23,300 units of X Company's only product FO $533.4 Company's only product sold in 2019: Selling price Variable costs per unit Total fixed costs $58.60 $11.10 Management believes it can increase the selling price in 2020 with no change in un $442,700 costs would remain the same. What would the selling price...
Last year, X Company sold 60,100 0, dhd 7 refer to the following information a, A...
Last year, X Company sold 60,100 0, dhd 7 refer to the following information a, A Company sold 60.100 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative S405,675 117,796 Variable Fixed 84,741 end of the year, a company offered to buy 4,310 units of the product but only for $11.00 each. X Company had the ** y vo produce the additional units, and even though there...
EO 7,987 FO 9,344 $36,000? 7. AO 4,262 BO 4,987 CO 5.834 DO 6,826 S pt...
EO 7,987 FO 9,344 $36,000? 7. AO 4,262 BO 4,987 CO 5.834 DO 6,826 S pt In 2019, X Company's profit function was 0.37R - $85,800, where R is revenue. In 2020, the relationship between reveme and variable costs will not change, but fixed costs will decrease by $18,018. Assuming a tax rate of 35%, what will revene have to be in order for X Company to earn $34,000 after taxes in 2020? 8. AO $259,653 BO $324,567 CO S405,708...
Questions 5, 6, and 7 refer to the following information $19.00 each. Total costs were as...
Questions 5, 6, and 7 refer to the following information $19.00 each. Total costs were as follows: 65.000 $451,100 - 123,500 $93,600 82,550 Last year, X Company sold 65,000 units of its only product for $19.00 Sales Cost of goods sold Variable Fixed Selling and administrative Variable Fixed At the end of the year, a company offered to buy an units of capacity to produce the additional units, and even though there would have been no addition costs, it rejected...
Questions 5, 6, and 7 refer to the following information X Company sold 68,100 units of...
Questions 5, 6, and 7 refer to the following information X Company sold 68,100 units of its only product for $18.00 each. Total costs were as follows: Last year, Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $439,926 DO 138,924 $78,315 88.530 At the end of the year, a company offered to buy 4,880 units of the product but only for $11.00 each. X Company had the capacity to produce the additional units, and even though there...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 68,100...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 68,100 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable S439,926 Fixed 138,924 Selling and administrative Variable $78,315 Fixed 88.530 At the end of the year, a company offered to buy 4,880 units of the product but only for $11.00 each. X Company had the capacity to produce the additional units, and even though there would...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 64,800...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 64,800 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable $401,760 Fixed 143,208 Selling and administrative Variable $79,056 Fixed 75,816 At the end of the year, a company offered to buy 4,660 units of the product but only for $12.00 each. X Company had the Capacity to produce the additional units, and even though there would...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 64,800...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 64,800 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable $401,760 Fixed 143,208 Selling and administrative Variable $79,056 Fixed 75,816 At the end of the year, a company offered to buy 4,660 units of the product but only for $12.00 each. X Company had the capacity to produce the additional units, and even though there would...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 63,500...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 63,500 units of its only product for $19.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $380,365 132,080 $72,390 78,740 At the end of the year, a company offered to buy 4,800 units of the product but only for $11.00 each. X Company had the capacity to produce the additional units, and even though there would...
8. AO $259,653 BO $324,567 CO 5405USD S pt The following information is available for the 24,000 units of X Company's only product sold in 2019: $56.20 Selling price Variable costs per unit $19.00 Total fixed costs $456,000 Management believes it can increase the selling price in 2020 with no change in unit sales. Variable costs per unit and fixed costs would remain the same. What would the selling price have to be in 2020 in order for X Company's...
U 2327,170 022,032. Assuming CO $369,702 10,JOU alter taxes in 2020? DO 8417,764 EO $472,073 tax rate of 35%, what t/ The following information is available for the 23,300 units of X Company's only product FO $533.4 Company's only product sold in 2019: Selling price Variable costs per unit Total fixed costs $58.60 $11.10 Management believes it can increase the selling price in 2020 with no change in un $442,700 costs would remain the same. What would the selling price...
Last year, X Company sold 60,100 0, dhd 7 refer to the following information a, A Company sold 60.100 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative S405,675 117,796 Variable Fixed 84,741 end of the year, a company offered to buy 4,310 units of the product but only for $11.00 each. X Company had the ** y vo produce the additional units, and even though there...
EO 7,987 FO 9,344 $36,000? 7. AO 4,262 BO 4,987 CO 5.834 DO 6,826 S pt In 2019, X Company's profit function was 0.37R - $85,800, where R is revenue. In 2020, the relationship between reveme and variable costs will not change, but fixed costs will decrease by $18,018. Assuming a tax rate of 35%, what will revene have to be in order for X Company to earn $34,000 after taxes in 2020? 8. AO $259,653 BO $324,567 CO S405,708...
Questions 5, 6, and 7 refer to the following information $19.00 each. Total costs were as follows: 65.000 $451,100 - 123,500 $93,600 82,550 Last year, X Company sold 65,000 units of its only product for $19.00 Sales Cost of goods sold Variable Fixed Selling and administrative Variable Fixed At the end of the year, a company offered to buy an units of capacity to produce the additional units, and even though there would have been no addition costs, it rejected...
Questions 5, 6, and 7 refer to the following information X Company sold 68,100 units of its only product for $18.00 each. Total costs were as follows: Last year, Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $439,926 DO 138,924 $78,315 88.530 At the end of the year, a company offered to buy 4,880 units of the product but only for $11.00 each. X Company had the capacity to produce the additional units, and even though there...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 68,100 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable S439,926 Fixed 138,924 Selling and administrative Variable $78,315 Fixed 88.530 At the end of the year, a company offered to buy 4,880 units of the product but only for $11.00 each. X Company had the capacity to produce the additional units, and even though there would...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 64,800 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable $401,760 Fixed 143,208 Selling and administrative Variable $79,056 Fixed 75,816 At the end of the year, a company offered to buy 4,660 units of the product but only for $12.00 each. X Company had the Capacity to produce the additional units, and even though there would...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 64,800 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable $401,760 Fixed 143,208 Selling and administrative Variable $79,056 Fixed 75,816 At the end of the year, a company offered to buy 4,660 units of the product but only for $12.00 each. X Company had the capacity to produce the additional units, and even though there would...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 63,500 units of its only product for $19.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $380,365 132,080 $72,390 78,740 At the end of the year, a company offered to buy 4,800 units of the product but only for $11.00 each. X Company had the capacity to produce the additional units, and even though there would...
Most questions answered within 3 hours.
-
find the critical value associated with a right sided hypothesis of
the mean using a sample...
asked 1 hour ago -
Which of the following statements is true with respect to a
simple linear regression model?
a....
asked 2 hours ago -
The energy required to remove an electron from a surface of a
solid element is called...
asked 3 hours ago -
How would you train your employees to avoid risks of using
mobile devices?
asked 4 hours ago -
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 5 hours ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 6 hours ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 6 hours ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 8 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 8 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 9 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 10 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 10 hours ago