Homework Answers
Breakeven=Fixed costs/Contribution per unit
Breakeven=489846/(57-(54%*57))
Breakeven=18682.15
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QUESTION 23 The company sells a single product for $57. Variable costs are 54% of the...
QUESTION 22 Copy of The company sells a single product for $51. Variable costs are 54 % of the selling price. Fixed...
QUESTION 22 Copy of The company sells a single product for $51. Variable costs are 54 % of the selling price. Fixed costs are $403,210 and the company currently sales 8,759 units. How many units must be sold to produce a target profit of $41?
QUESTION 23 Copy of The company sells a single product for $51. Variable costs are 5...
QUESTION 23 Copy of The company sells a single product for $51. Variable costs are 5 many units must be sold to produce a target profit of 5407 of the selling price. Faed costs are $473,919 and the company currently sales 8,944 units. How
Hill Company sells a single product. The selling price per unit is $32 and unit variable...
Hill Company sells a single product. The selling price per unit is $32 and unit variable cost is $24. Fixed costs for the year are $100,200. What if selling price goes up by 19%, variable costs go up by 14% and fixed costs go up by 11%? What is the new breakeven point in units?
Question 1 2 pts Zeke Company sells a single product. The selling price per unit is...
Question 1 2 pts Zeke Company sells a single product. The selling price per unit is $32 and unit variable cost is $24. Fixed costs for the year are $100,200. What if selling price goes up by 19%, variable costs go up by 14% and fixed costs go up by 18%? What is the new breakeven point in units? Do not round any intermediate calculations. Round your final answer up to the nearest whole number.
I. A company sells a product which has a unit sales price of $10, unit variable...
I. A company sells a product which has a unit sales price of $10, unit variable cost of $5 and total fixed costs of $280,000. The number of units the company must sell to break even is: 2. At the breakeven point of 3.000 units, variable costs are $300,000, and fixed costs are S180,000. How much is the selling price per unit? 3. A company has total fixed costs of $160,000 and a contribution margin ratio of 20%. The total...
Maple Enterprises sells a single product with a selling price of $75 and variable costs per...
Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company's monthly fixed expenses are $22,500. C. Prepare a contribution margin income statement for the month of September when they will sell 900 units. Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company's monthly fixed expenses are $22,500. d. How many units will Maple need to sell in...
Narchie sells a single product for $50. Variable costs are 60% of the selling price, and...
Narchie sells a single product for $50. Variable costs are 60% of the selling price, and the company has fixed costs that amount to $400,000. Current sales total 16,000 units. Narchie: ______ A) will break-even by selling 20,000 units. B) will break-even by selling 13,333 units. C) will break-even by selling 8,000 units. D) will break-even by selling 1,000,000 units. E) cannot break-even because it loses money on every unit sold.
82. Dundas Inc. manufactures a single product. The product sells for $10. The variable manufacturing cost...
82. Dundas Inc. manufactures a single product. The product sells for $10. The variable manufacturing cost per unit is $2 and the variable selling cost is $2 per unit. Dundas incurs monthly fixed costs of $100,000 for manufacturing and $140,000 for administration and selling If Dundas raises its selling price by 10% in response to a 10% increase in variable costs, and income taxes are 40%, its new breakeven point in sales dollars (relative to that of the original data...
Bell Company manufactures and sells a single product. Cost data for the product follow Variable costs...
Bell Company manufactures and sells a single product. Cost data for the product follow Variable costs per unit: Direct materials Direct labor Variable factory overhead Variable selling and administrative 10.0 40 10.0 10.0 Total variable costs per unit 70.0 Fixed costs per month Fixed manufacturing overhead Fixed selling and administrative $864,000 564,000 Total fixed cost per month $ 1,428,000 The product sells for $160 per unit. Production and sales data for May and June, the first two months of operations,...
The Maxwell Company manufactures and sells a single product. Price and cost data regarding Maxwell's product...
The Maxwell Company manufactures and sells a single product. Price and cost data regarding Maxwell's product and operations are as follows: $25.00 Selling price per unit Variable cost per unit Raw materials Direct Labor Manufacturing Overhead 11.00 5.00 2.50 Fixed Manufacturing Overhead $192,000 $276,000 Annual Fixed Selling and Administration Variable Selling costs per unit sold $1.30 Forecasted Annual Sales Volume (120,000 units) $3,000,000 Required: Show your calculations 1. Maxwell's breakeven point in units is? 2. Maxwell's breakeven point in dollars...
QUESTION 22 Copy of The company sells a single product for $51. Variable costs are 54 % of the selling price. Fixed costs are $403,210 and the company currently sales 8,759 units. How many units must be sold to produce a target profit of $41?
QUESTION 23 Copy of The company sells a single product for $51. Variable costs are 5 many units must be sold to produce a target profit of 5407 of the selling price. Faed costs are $473,919 and the company currently sales 8,944 units. How
Question 1 2 pts Zeke Company sells a single product. The selling price per unit is $32 and unit variable cost is $24. Fixed costs for the year are $100,200. What if selling price goes up by 19%, variable costs go up by 14% and fixed costs go up by 18%? What is the new breakeven point in units? Do not round any intermediate calculations. Round your final answer up to the nearest whole number.
I. A company sells a product which has a unit sales price of $10, unit variable cost of $5 and total fixed costs of $280,000. The number of units the company must sell to break even is: 2. At the breakeven point of 3.000 units, variable costs are $300,000, and fixed costs are S180,000. How much is the selling price per unit? 3. A company has total fixed costs of $160,000 and a contribution margin ratio of 20%. The total...
Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company's monthly fixed expenses are $22,500. C. Prepare a contribution margin income statement for the month of September when they will sell 900 units. Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company's monthly fixed expenses are $22,500. d. How many units will Maple need to sell in...
82. Dundas Inc. manufactures a single product. The product sells for $10. The variable manufacturing cost per unit is $2 and the variable selling cost is $2 per unit. Dundas incurs monthly fixed costs of $100,000 for manufacturing and $140,000 for administration and selling If Dundas raises its selling price by 10% in response to a 10% increase in variable costs, and income taxes are 40%, its new breakeven point in sales dollars (relative to that of the original data...
Bell Company manufactures and sells a single product. Cost data for the product follow Variable costs per unit: Direct materials Direct labor Variable factory overhead Variable selling and administrative 10.0 40 10.0 10.0 Total variable costs per unit 70.0 Fixed costs per month Fixed manufacturing overhead Fixed selling and administrative $864,000 564,000 Total fixed cost per month $ 1,428,000 The product sells for $160 per unit. Production and sales data for May and June, the first two months of operations,...
The Maxwell Company manufactures and sells a single product. Price and cost data regarding Maxwell's product and operations are as follows: $25.00 Selling price per unit Variable cost per unit Raw materials Direct Labor Manufacturing Overhead 11.00 5.00 2.50 Fixed Manufacturing Overhead $192,000 $276,000 Annual Fixed Selling and Administration Variable Selling costs per unit sold $1.30 Forecasted Annual Sales Volume (120,000 units) $3,000,000 Required: Show your calculations 1. Maxwell's breakeven point in units is? 2. Maxwell's breakeven point in dollars...
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