Homework Answers
a) Break even = Fixed cost/Contribution margin per unit = 384000/(83-35) = 8000 Units
b) Required unit sold = (Fixed cost+Income before income tax)/Contribution margin per unit
Income before tax = 69120*100/60 = 115200
Required unit sold = (115200+384000)/48 = 10400 Units
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Hunter & Sons sells a single model of meat smoker for use in the home. The...
Hunter & Sons sells a single model of meat smoker for use in the home. The...
Hunter & Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost characteristics Sales price Variable costs Fixed costs $ 84 per smoker 35 per smoker 343,000 per month Hunter & Sons is subject to an income tax rate of 40 percent Required: a. How many smokers must Hunter & Sons sell every month to break even? Break-even sales in units b. How many smokers must Hunter & Sons...
Hunter & Sons sells a single model of meat smoker for use in the home. The...
Hunter & Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost characteristics. Sales price Variable costs Fixed costs $ 77 per smoker 36 per smoker 315,700 per month Hunter & Sons is subject to an income tax rate of 40 percent. Required: a. How many smokers must Hunter & Sons sell every month to break even? b. How many smokers must Hunter & Sons sell to earn a...
Hunter & Sons sells a single model of meat smoker for use in the home. The...
Hunter & Sons sells a single model of meat smoker for use in
the home. The smokers have the following price and cost
characteristics.
Sales price
$
84
per smoker
Variable costs
32
per smoker
Fixed costs
395,200
per month
Hunter & Sons is subject to an income tax rate of 40
percent.
Required:
a. How many smokers must Hunter & Sons sell
every month to break even?
b. How many smokers must Hunter & Sons sell
to earn a...
Hunter & Sons sells a single model of meat smoker for use in the home. The...
Hunter & Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost characteristics. Sales price Variable costs Fixed costs $ 76 per smoker 38 per smoker 281,200 per month Hunter & Sons is subject to an income tax rate of 40 percent. Required: a. How many smokers must Hunter & Sons sell every month to break even? b. How many smokers must Hunter & Sons sell to earn a...
Hunter & Sons sells a single model of meat smoker for use in the home. The...
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value: 20.00 points Hunter & Sons sells a single model of meat smoker for use in...
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Hunter & Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost characteristics Sales price Variable costs Fixed costs $ 84 per smoker 35 per smoker 343,000 per month Hunter & Sons is subject to an income tax rate of 40 percent Required: a. How many smokers must Hunter & Sons sell every month to break even? Break-even sales in units b. How many smokers must Hunter & Sons...
Hunter & Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost characteristics. Sales price Variable costs Fixed costs $ 77 per smoker 36 per smoker 315,700 per month Hunter & Sons is subject to an income tax rate of 40 percent. Required: a. How many smokers must Hunter & Sons sell every month to break even? b. How many smokers must Hunter & Sons sell to earn a...
Hunter & Sons sells a single model of meat smoker for use in
the home. The smokers have the following price and cost
characteristics.
Sales price
$
84
per smoker
Variable costs
32
per smoker
Fixed costs
395,200
per month
Hunter & Sons is subject to an income tax rate of 40
percent.
Required:
a. How many smokers must Hunter & Sons sell
every month to break even?
b. How many smokers must Hunter & Sons sell
to earn a...
Hunter & Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost characteristics. Sales price Variable costs Fixed costs $ 76 per smoker 38 per smoker 281,200 per month Hunter & Sons is subject to an income tax rate of 40 percent. Required: a. How many smokers must Hunter & Sons sell every month to break even? b. How many smokers must Hunter & Sons sell to earn a...
value: 20.00 points Hunter & Sons sells a single model of meat smoker for use in the home. The smokers have the following price and cost characteristics: Sales price Variable costs Fixed costs $ 79 per smoker 32 per smoker 371,300 per month Hunter & Sons is subject to an income tax rate of 40 percent. Required: a. How many smokers must Hunter & Sons sell every month to break even? Break-even sales in units b. How many smokers must...
Bando Corp. sells a single part for a price of $46 per unit. The variable costs of the part are $19 per unit and monthly fixed costs are $143,100. Required: a. What is the break-even level of monthly sales for Bando? b. The cost analyst tells you that based on the price and cost information of the part and the marketing department's sales projection for next month, the margin of safety percentage is 20 percent. How many units does marketing...
Fowler Company produces a product that sells for $200 per unit and has a variable cost of $125 per unit. Fowler incurs annual fixed costs of $450,000 Required a. Determine the sales volume in units and dollars required to break even. (Do not round intermediate calculations.) b. Calculate the break-even point assuming fixed costs increase to $600,000. (Do not round intermediate calculations.) Answer is not complete. 6,000 $ 1,200,000 Sales volume in units Sales in dollars Break-even units Break-even sales...
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