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Q3. You are given the following information: Selling price per unit Variable cost per unit Fixed...
Q3. You are given the following information: Selling price per unit Variable cost per unit $...
Q3. You are given the following information: Selling price per unit Variable cost per unit $ 200 $ 80 $ 12000 Fixed cost You are required to find how many units must be sold by the company to achieve break-even using the income statement approach. A3.
The following information for a company is given: Fixed cost per month $2,500 Unit selling price...
The following information for a company is given: Fixed cost per month $2,500 Unit selling price $ 100 Variable cost as a percentage of sales 60% What amount of annual sales must the company achieve to break even? A- $100,000 B- $75,000 C-$50,000 D-$30,000
Helium Company has the following information available: Selling price per unit $5.00 Variable cost per unit...
Helium Company has the following information available: Selling price per unit $5.00 Variable cost per unit $3.50 Total fixed costs $90,000.00 Targeted net income $30,000.00 How many units must be sold to achieve the targeted net income? 80,000 units 27,000 units 45,000 units 10,000 units *Please show work
The following information was extracted from the accounting records of MVP Corporation: Selling price per unit...
The following information was extracted from the accounting records of MVP Corporation: Selling price per unit $ 60 Variable cost per unit 20 Total fixed costs 480,000 Required: A. What is MVP's break-even point in units? B. How many units must be sold to earn operating income of $80,000? C. What is MVP's break-even point in units if the selling price increases by 20% and the variable costs decrease by 20%? D. Using the information in part C, what sales...
14) ABC Inc. has the following information: Td A 1D ar the Selling Price per unit...
14) ABC Inc. has the following information: Td A 1D ar the Selling Price per unit Variable Cost per unit $200 $81.50 $102,000 $63,900 Monthly Fixed Production Cost Monthly Fixed SG&A (a) Compute ABC Inc.'s Contribution Margin Per Unit. (b) Compute ABC Inc.'s Break-Even Point. (c) How many units must ABC Inc. sell if it wants to achieve a profit of $40,000?
Assume a fixed cost of $900, a variable cost of $4.50, and a selling price of $5.50.
Assume a fixed cost of $900, a variable cost of $4.50, and a selling price of $5.50. a. What is the break-even point? b. How many units must be sold to make a profit of $500.00? c. How many units must be sold to average $0.25 profit per unit? $0.50 profit per unit? $1.50 profit per unit?
Problem 11-4 NYM Manufacturing Company makes a product. Selling Price per unit Variable manufacturing cost per unit Variable selling expense per unit (sales commissions) Annual Fixed Manufacturing Co...
Problem 11-4 NYM Manufacturing Company makes a product. Selling Price per unit Variable manufacturing cost per unit Variable selling expense per unit (sales commissions) Annual Fixed Manufacturing Costs Annual Fixed Selling and Admin Costs 150 80 25 40,000 s 60,000 REQUIRED Determine the break-even point in units and dollars using the following approaches. 1 Equation method 2 Contribution margin per unit. 3 Contribution margin ratio. 4 Confirm your results by preparing a contribution margin income statement for the breakeven sales...
Heyden Company has fixed costs of $605,680. The unit selling price, variable cost per unit, and...
Heyden Company has fixed costs of $605,680. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Selling Price Variable Cost per Unit Contribution Margin per Unit $480 $280 $200 640 560 80 The sales mix for Products and ZZ is 45% and 55%, respectively. Determine the break even point in un s o an ZZ if re une round your answer, to the nearest shoe nu bet a. product...
$170 per unit. The company incurs variable manufacturing costs of $83 per unit. Variable selling expenses...
$170 per unit. The company incurs variable manufacturing costs of $83 per unit. Variable selling expenses are $19 per unit, annual fixed manufacturing costs are $498.000, and fixed selling and administrative costs are $236.400 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by...
3) Saints Industries has fixed costs of $800,000. Selling price per unit is $340, and variable...
3) Saints Industries has fixed costs of $800,000. Selling price per unit is $340, and variable cost per unit is $140. Determine: A) How many units must Saints sell in order to break even? B) How many units must Saints sell in order to earn a profit of $500,000?) If they were to add a new event that would cost $6,800, how many more units must be sold to cover the cost?
Q3. You are given the following information: Selling price per unit Variable cost per unit $ 200 $ 80 $ 12000 Fixed cost You are required to find how many units must be sold by the company to achieve break-even using the income statement approach. A3.
14) ABC Inc. has the following information: Td A 1D ar the Selling Price per unit Variable Cost per unit $200 $81.50 $102,000 $63,900 Monthly Fixed Production Cost Monthly Fixed SG&A (a) Compute ABC Inc.'s Contribution Margin Per Unit. (b) Compute ABC Inc.'s Break-Even Point. (c) How many units must ABC Inc. sell if it wants to achieve a profit of $40,000?
Problem 11-4 NYM Manufacturing Company makes a product. Selling Price per unit Variable manufacturing cost per unit Variable selling expense per unit (sales commissions) Annual Fixed Manufacturing Costs Annual Fixed Selling and Admin Costs 150 80 25 40,000 s 60,000 REQUIRED Determine the break-even point in units and dollars using the following approaches. 1 Equation method 2 Contribution margin per unit. 3 Contribution margin ratio. 4 Confirm your results by preparing a contribution margin income statement for the breakeven sales...
Heyden Company has fixed costs of $605,680. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Selling Price Variable Cost per Unit Contribution Margin per Unit $480 $280 $200 640 560 80 The sales mix for Products and ZZ is 45% and 55%, respectively. Determine the break even point in un s o an ZZ if re une round your answer, to the nearest shoe nu bet a. product...
$170 per unit. The company incurs variable manufacturing costs of $83 per unit. Variable selling expenses are $19 per unit, annual fixed manufacturing costs are $498.000, and fixed selling and administrative costs are $236.400 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by...
3) Saints Industries has fixed costs of $800,000. Selling price per unit is $340, and variable cost per unit is $140. Determine: A) How many units must Saints sell in order to break even? B) How many units must Saints sell in order to earn a profit of $500,000?) If they were to add a new event that would cost $6,800, how many more units must be sold to cover the cost?
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