Homework Answers
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Break even point = Fixed cost/Contribution margin ratio Contribution margin ratio = (60-27)/60 = 55% = 220,000/55% = 400,000 |
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Margin of Safety = (Sales - Breakeven point)/Sales = (800,000-400,000)/800,000 = 50% |
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Required sales = (Fixed costs+Target profit) /Contribution margin ratio = (220,000+836,000)/55% = 1,920,000 |
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Grouper Company makes radios that sell for $60 each. For the coming year, management expects fixed...
Concord Company makes radios that sell for $70 each. For the coming year, management expects fixed...
Concord Company makes radios that sell for $70 each. For the coming year, management expects fixed costs to total $210,000 and variable costs to be $35 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratio. (Round answer to 0 decimal places, e.g. 1,225.) Break-even point = Compute the margin of safety ratio assuming actual sales are $800,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.51.) Margin of safety Compute the sales dollars...
Ivanhoe Company makes radios that sell for $40 each. For the coming year, management expects fixed...
Ivanhoe Company makes radios that sell for $40 each. For the
coming year, management expects fixed costs to total $153,360 and
variable costs to be $28 per unit.
Your answer is incorrect. Try again.
Compute the break-even point in dollars using the contribution
margin (CM) ratio.
Break-even point
$
LINK TO TEXT
LINK TO TEXT
Your answer is incorrect. Try again.
Compute the margin of safety ratio assuming actual sales are
$720,000. (Round margin of safety ratio to 2 decimal...
Presto Company makes radios that sell for $28 each. For the coming year, management expects fixed...
Presto Company makes radios that sell for $28 each. For the
coming year, management expects fixed costs to total $278,880 and
variable costs to be $16.80 per unit.
(a) Compute the break-even point in dollars using
the contribution margin (CM) ratio.
Break-even point
$
(b) Compute the margin of safety ratio assuming
actual sales are $944,715. (Round margin of safety
ratio to 2 decimal places, e.g. 10.50%.)
Margin of safety
%
(c) Compute the sales dollars required to earn net...
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Do It Review 18-05 Sun and Company makes radios that sell for $50 each. For the coming year, management expects fixed costs to total $125,280 and variable costs to be 540 per unit Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point LINK TO TEXT Compute the margin of safety ratio assuming actual sales are $870,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50) Margin of safety Compute the sales dollars required...
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Please answer all :)) Do It! Review 5-5 Cullumber Company makes radios that sell for $30...
Please answer all :))
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Question 3 Rossi Incorporated makes track suits that sell for coming year. 70 each. Actual sales...
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Ivanhoe Company makes radios that sell for $40 each. For the
coming year, management expects fixed costs to total $153,360 and
variable costs to be $28 per unit.
Your answer is incorrect. Try again.
Compute the break-even point in dollars using the contribution
margin (CM) ratio.
Break-even point
$
LINK TO TEXT
LINK TO TEXT
Your answer is incorrect. Try again.
Compute the margin of safety ratio assuming actual sales are
$720,000. (Round margin of safety ratio to 2 decimal...
Presto Company makes radios that sell for $28 each. For the
coming year, management expects fixed costs to total $278,880 and
variable costs to be $16.80 per unit.
(a) Compute the break-even point in dollars using
the contribution margin (CM) ratio.
Break-even point
$
(b) Compute the margin of safety ratio assuming
actual sales are $944,715. (Round margin of safety
ratio to 2 decimal places, e.g. 10.50%.)
Margin of safety
%
(c) Compute the sales dollars required to earn net...
Do It! Review 5-5 Crane Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $102,340 and variable costs to be $32 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point $ Compute the margin of safety ratio assuming actual sales are $700,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of safety % Compute the sales dollars required to earn...
Do It Review 5-5 Sandhill Company makes radios that sell for $30 each. For the coming year, management expects fixed costs to total $108,410 and variable costs to be $24 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratlo. Break-even point Compute the margin of safety ratio assuming actual sales are $240,000(Round margin of safety ratio to 2 decimal placus, ... 10.50.) Margin of safety Compute the sales dollars required to earn net income of...
Do It Review 18-05 Sun and Company makes radios that sell for $50 each. For the coming year, management expects fixed costs to total $125,280 and variable costs to be 540 per unit Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point LINK TO TEXT Compute the margin of safety ratio assuming actual sales are $870,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50) Margin of safety Compute the sales dollars required...
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Please answer all :))
Do It! Review 5-5 Cullumber Company makes radios that sell for $30 each. For the coming year, management expects fixed costs to total $181,770 and variable costs to be $21 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point LINK TO TEXT LINK TO TEXT Compute the margin of safety ratio assuming actual sales are $830,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of...
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