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Check my work Cohen Company produces and sells socks. Variable cost is $12.60 per pair, and fixed costs for the year total $109,200. The selling price is $21 per pair. 0.25 points Skipped Required: 1. Calculate the breakeven point in units. (Do not round intermediate calculations.) 2. Calculate the breakeven point in sales dollars. (Do not round intermediate calculations.) 3. Calculate the units required to make a before-tax profit of $58,800. (Do not round intermediate calculations.) 4. Calculate the sales...
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Grippy Co. produces sports socks. The company has fixed costs of $75,000 and variable costs of S0.75 per package. Each package sells for $1.50. Requirements 1. Compute the contribution margin per package and the contribution margin ratio. (Round your answers to two decimal places.) 2. Find the breakeven point in units and in dollars, using the contribution margin approach Requirement 1. Compute the contribution margin per package and the contribution margin ratio Begin by selecting the labels and entering the...
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Sales $ 35,000,000 Operating expenses Variable expenses Fixed expenses $28,000,000 3,500,000 Total expenses 31,500,000 Operating profit $ 3,500,000 1. Determine the breakeven point in sales dollars Breakeven point in sales dollars 17,500,000 2. Determine the required sales in dollars to earn a before-tax profit of $4,500,000. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Required sales in dollars $ 40,000,000 3. What is the breakeven point in sales dollars if the variable cost increases...
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Happy Toss Co. produces sports socks. The company has fixed costs of $91,000 and variable costs of S0.81 per package. Each package sells for $1.80. Requirements Compule the contribution margin per package and the contribution margin ralio. (Round your answers to Iwo decimal places.) 2. Find the breakeven point in units and in dollars, using the contribution margin approach. 1. Requirement 1. Compute the contribution margin per package and the contribution margin ratio. Begin by selecting the labels and entering...
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Ten Toes produces sport socks. The company has fixed expenses of $85,000 and variable expenses of $1.20 per package. Each package sells for $2.00. The number of packages Ten Toes needed to sell to earn a $26,000 operating income was 138,750 packages. If Ten Toes can decrease its variable costs to $1.10 per package by increasing its fixed costs to $100,000, how many packages will it have to sell to generate $26,000 of operating income? Is this more or less...
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Finch Company incurs annual fixed costs of $57,415. Variable costs for Finch's product are $20.10 per unit, and the sales price is $30.00 per unit. Finch desires to earn an annual profit of $50,000. Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round Intermediate calculations. Round your final answers to the nearest whole number.) Sales in dollars Sales volume in units
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Rooney Company incurs annual fixed costs of $101,420. Variable
costs for Rooney’s product are $21.35 per unit, and the sales price
is $35.00 per unit. Rooney desires to earn an annual profit of
$46,000.
Required
Use the per unit contribution margin approach to determine the
sales volume in units and dollars required to earn the desired
profit. (Do not round intermediate calculations. Round your
final answers to the nearest whole number.)
Sales in dollars Sales volume in units
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Solomon Company incurs annual fixed costs of $71,000. Variable costs for Solomon's product are $21.00 per unit, and the sales price is $35.00 per unit. Solomon desires to earn an annual profit of $55,000. Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round Intermediate calculations. Round your final answers to the nearest whole number.) Sales in dollars Sales volume in units
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Campbell Company incurs annual fixed costs of $110.055. Variable costs for Campbell's product are $22.05 per unit, and the sales price is $35.00 per unit. Campbell desires to earn an annual profit of $57000 Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Salos in dollars Sales volume in units
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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...
Check my work Cohen Company produces and sells socks. Variable cost is $12.60 per pair, and fixed costs for the year total $109,200. The selling price is $21 per pair. 0.25 points Skipped Required: 1. Calculate the breakeven point in units. (Do not round intermediate calculations.) 2. Calculate the breakeven point in sales dollars. (Do not round intermediate calculations.) 3. Calculate the units required to make a before-tax profit of $58,800. (Do not round intermediate calculations.) 4. Calculate the sales...
Grippy Co. produces sports socks. The company has fixed costs of $75,000 and variable costs of S0.75 per package. Each package sells for $1.50. Requirements 1. Compute the contribution margin per package and the contribution margin ratio. (Round your answers to two decimal places.) 2. Find the breakeven point in units and in dollars, using the contribution margin approach Requirement 1. Compute the contribution margin per package and the contribution margin ratio Begin by selecting the labels and entering the...
Sales $ 35,000,000 Operating expenses Variable expenses Fixed expenses $28,000,000 3,500,000 Total expenses 31,500,000 Operating profit $ 3,500,000 1. Determine the breakeven point in sales dollars Breakeven point in sales dollars 17,500,000 2. Determine the required sales in dollars to earn a before-tax profit of $4,500,000. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Required sales in dollars $ 40,000,000 3. What is the breakeven point in sales dollars if the variable cost increases...
Happy Toss Co. produces sports socks. The company has fixed costs of $91,000 and variable costs of S0.81 per package. Each package sells for $1.80. Requirements Compule the contribution margin per package and the contribution margin ralio. (Round your answers to Iwo decimal places.) 2. Find the breakeven point in units and in dollars, using the contribution margin approach. 1. Requirement 1. Compute the contribution margin per package and the contribution margin ratio. Begin by selecting the labels and entering...
Ten Toes produces sport socks. The company has fixed expenses of $85,000 and variable expenses of $1.20 per package. Each package sells for $2.00. The number of packages Ten Toes needed to sell to earn a $26,000 operating income was 138,750 packages. If Ten Toes can decrease its variable costs to $1.10 per package by increasing its fixed costs to $100,000, how many packages will it have to sell to generate $26,000 of operating income? Is this more or less...
Finch Company incurs annual fixed costs of $57,415. Variable costs for Finch's product are $20.10 per unit, and the sales price is $30.00 per unit. Finch desires to earn an annual profit of $50,000. Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round Intermediate calculations. Round your final answers to the nearest whole number.) Sales in dollars Sales volume in units
Rooney Company incurs annual fixed costs of $101,420. Variable
costs for Rooney’s product are $21.35 per unit, and the sales price
is $35.00 per unit. Rooney desires to earn an annual profit of
$46,000.
Required
Use the per unit contribution margin approach to determine the
sales volume in units and dollars required to earn the desired
profit. (Do not round intermediate calculations. Round your
final answers to the nearest whole number.)
Sales in dollars Sales volume in units
Solomon Company incurs annual fixed costs of $71,000. Variable costs for Solomon's product are $21.00 per unit, and the sales price is $35.00 per unit. Solomon desires to earn an annual profit of $55,000. Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round Intermediate calculations. Round your final answers to the nearest whole number.) Sales in dollars Sales volume in units
Campbell Company incurs annual fixed costs of $110.055. Variable costs for Campbell's product are $22.05 per unit, and the sales price is $35.00 per unit. Campbell desires to earn an annual profit of $57000 Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Salos in dollars Sales volume in units
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...