Martinez Corporation has fixed costs of $2,859,600. It has a unit selling price of $8.00, unit variable costs of $4.40, and a target net income of $1,590,000. Calcuate the required sales in units to achieve its target net income.
Required sales= ___ units
Contribution margin=Sales-Variable cost
=8-4.4=$3.6 per unit
Target Contribution margin=Fixed cost+Target profits
=2,859,600+1,590,000=$4449600
Hence required sales=4449600/3.6
=1,236,000 units
Martinez Corporation has fixed costs of $2,859,600. It has a unit selling price of $8.00, unit...
Bridgeport Corporation has fixed costs of $4,360,300. It has a unit selling price of $9.10, unit variable costs of $4.40, and a target net income of $1,510,000. Compute the required sales in units to achieve its target net income. enter a number of units for the Required sales
Brief Exercise 11-12 Bramble Corporation has fixed costs of $2,537,700. It has a unit selling price of $7.70, unit variable costs of $4.40, and a target net income of $1,518,000. Compute the required sales in units to achieve its target net income. Required sales units
Sandhill Corporation has fixed costs of $323,500. It has a unit selling price of $6.35, unit variable cost of $4.85, and a target net income of $1,520,000. Compute the required sales in units to achieve its target net income. Required sales enter the required sales in units units
Brief Exercise 18-12
Sandhill Corporation has fixed costs of $323,500. It has a unit
selling price of $6.35, unit variable cost of $4.85, and a target
net income of $1,520,000.
Compute the required sales in units to achieve its target net
income.
Required sales
enter the required sales in units
units
A manufacturer of medical supplies provides the following partial financial information: Total fixed costs: $35,000 Unit selling price: $20.00 Unit variable cost: $15.00 Management has a target net income of $7,500. Compute the required sales in units to achieve the target net income. 170,000 units 1,500 units 8,500 units 7,000 units
Britewaỵ Corporation has prepared the following budget for the month of June Selling Price per Unit Variable Cost Unit Sales per Unit Product A Product B Product C $30.00 20.00 50.00 $15.00 10.00 25.00 50,000 25,000 10,000 The total fixed costs will be $1,000,000. Britewaỵ Corporation's tax rte is 30 percent. Required: a) If the sales mix remains constant, what dollar amount of sales for each product is required to achieve a net income of $400,000 for the year? b)...
Lec Exercise 6-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (L06-4) [The following information applies to the questions displayed below.) Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Per Unit S 85 51 S 34 Percent of Sales 1008 60 400 Fixed expenses are $77,000 per month and the company is selling 2,600 units per month, Exercise 6-5 Part 1 Required: 1-a. How much will net operating income increase (decrease) per month...
If fixed costs are $1,250,000, the unit selling price is $236, and the unit variable costs are $106, what is the amount of sales required to realize an operating income of $199,000? Ca. 11,792 units b. 5,297 units C. 11,146 units d. 1,877 units
Martinez Company had $152,000 of net income in 2016 when the
selling price per unit was $154, the variable costs per unit were
$94, and the fixed costs were $571,700. Management expects per unit
data and total fixed costs to remain the same in 2017. The
president of Martinez Company is under pressure from stockholders
to increase net income by $64,100 in 2017.
Compute the number of units sold in 2016. (Round answer to O decimal places, e.g. 1,225.) T...
If fixed costs are $277,000, the unit selling price is $29, and the unit variable costs are $18, what is the break-even sales (units) if fixed costs are reduced by $43,700? 16,967 units 31,814 units 21,209 units 25,451 units If fixed costs are $719,000 and variable costs are 63% of sales, what is the break-even point in sales dollars? $1,943,243 $2,662,243 $1,171,970 $452,970 If fixed costs are $272,000, the unit selling price is $123, and the unit variable costs are...