Ivanhoe Corp. had total variable costs of $170,100, total fixed costs of $85,100, and total revenues...

Question

Question

Ivanhoe Corp. had total variable costs of $170,100, total fixed costs of $85,100, and total revenues...

Ivanhoe Corp. had total variable costs of $170,100, total fixed costs of $85,100, and total revenues of $270,000.

Compute the required sales in dollars to break even.

Required sales

$enter the required sales in dollars

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Total Revenue less: Total Variable costs Contribution margin $ $ $ 2,70,000 1,70,100 99,900 Contribution to sales % = Contrib

In case of any doubts or Issues, Please comment below

Add a comment

Answer 2

Similar Homework Help Questions

Sheridan Corp. had total variable costs of $189,100, total fixed costs of $111,150, and total revenues...

Sheridan Corp. had total variable costs of $189,100, total fixed costs of $111,150, and total revenues of $310,000. Compute the required sales in dollars to break even. Required sales s
Brief Exercise 5-9 Sheridan Corp. had total variable costs of $189,100, total fixed costs of $111,150,...

Brief Exercise 5-9 Sheridan Corp. had total variable costs of $189,100, total fixed costs of $111,150, and total revenues of $310,000. Compute the required sales in dollars to break even. Required sales
Help with managerial accounting?? Karney Company has revenues of $500,000, variable costs of $350,000, and fixed...

Help with managerial accounting?? Karney Company has revenues of $500,000, variable costs of $350,000, and fixed costs of $135,000. The sales price per unit is $100 and the Variable Cost per unit is $70, at this level of sales the Fixed Costs per unit is $27. a. compute the contribution margin per unit and the contribution margin ratio b. compute total unfits and sales dollars needed to break even. c. compute total sales dollars needed to achieve a target operating...

Blossom Company estimates that variable costs will be 70.00% of sales, and fixed costs will total...

Blossom Company estimates that variable costs will be 70.00% of sales, and fixed costs will total $474,000. The selling price of the product is $5. Compute the break-even point in (1) units and (2) dollars. (1) Break-even sales units (2) Break-even sales Assuming actual sales are $2,000,000, compute the margin of safety in (1) dollars and (2) as a ratio. (1) Margin of safety (2) Margin of safety ratio
Johnson Company estimates that variable costs will be 60.00% of sales, and fixed costs will total $520,000. The selling...

Johnson Company estimates that variable costs will be 60.00% of sales, and fixed costs will total $520,000. The selling price of the product is $4. Compute the break-even point in (1) units and (2) dollars. (1) Break-even sales__________ units (2) Break even sales $__________ Assuming actual sales are $2,000,000 compute the margin of safety in (1) dollars and (2) as a ration. (1) Margin of safety $____________ (2) Margin of safety ratio ______________%
Sheffield Company estimates that variable costs will be 60% of sales, and fixed costs will total...

Sheffield Company estimates that variable costs will be 60% of sales, and fixed costs will total $912,000. The selling price of the product is $6. Compute the break-even point in (1) units and (2) dollars. (Round intermediate calculation to 2 decimal places, e.g. 52.75.) (1) Break-even sales units (2) Break-even sales $ LINK TO TEXT LINK TO TEXT Assuming actual sales are $3,000,000, compute the margin of safety in (1) dollars and (2) as a ratio. (Round ratio to 0...

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...
Given the information provided, do the requirements listed: Karney Company has revenues of $500,000, variable costs...

Given the information provided, do the requirements listed: Karney Company has revenues of $500,000, variable costs of $350,000, and fixed costs of $135,000. The sales price per unit is $100 and the Variable Cost per unit is $70, at this level of sales the Fixed Costs per unit is $27. A. Compute the Contribution Margin per unit and the Contribution Margin Ratio. B. Compute total units and sales dollars needed to break-even. C. Compute total sales dollars needed to achieve...
Pronghorn Company estimates that variable costs will be 53% of sales, and fixed costs will total...

Pronghorn Company estimates that variable costs will be 53% of sales, and fixed costs will total $1,269,000. The selling price of the product is $5. Compute the break-even point in (1) units and (2) dollars. (Round intermediate calculation to 2 decimal places, e.g. 52.75.) (1) Break-even sales | units units (2) Break-even sales $ LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM VIDEO: SIMILAR PROBLEM Assuming actual sales are $3,000,000, compute the margin of safety in (1) dollars and...

Required: 1. Determine the total variable costs and the total fixed costs for the current year....

Required: 1. Determine the total variable costs and the total fixed costs for the current year. Total variable costs Total fixed costs 2. Determine (a) the unit variable cost and (b) the unit contribution margin for the current year. Unit variable cost Unit contribution margin 3. Compute the break-even sales (units) for the current year. units 4. Compute the break-even sales (units) under the proposed program for the following year. units 5. Determine the amount of sales (units) that would...

Ivanhoe Corp. had total variable costs of $170,100, total fixed costs of $85,100, and total revenues...

Homework Answers

Add Answer to:
Ivanhoe Corp. had total variable costs of $170,100, total fixed costs of $85,100, and total revenues...

Post as a guest

Earn Coins

Sheridan Corp. had total variable costs of $189,100, total fixed costs of $111,150, and total revenues...

Brief Exercise 5-9 Sheridan Corp. had total variable costs of $189,100, total fixed costs of $111,150,...

Help with managerial accounting?? Karney Company has revenues of $500,000, variable costs of $350,000, and fixed...

Blossom Company estimates that variable costs will be 70.00% of sales, and fixed costs will total...

Johnson Company estimates that variable costs will be 60.00% of sales, and fixed costs will total $520,000. The selling...

Sheffield Company estimates that variable costs will be 60% of sales, and fixed costs will total...

Ivanhoe Company makes radios that sell for $40 each. For the coming year, management expects fixed...

Given the information provided, do the requirements listed: Karney Company has revenues of $500,000, variable costs...

Pronghorn Company estimates that variable costs will be 53% of sales, and fixed costs will total...

Required: 1. Determine the total variable costs and the total fixed costs for the current year....

Ivanhoe Corp. had total variable costs of $170,100, total fixed costs of $85,100, and total revenues...

Homework Answers

Add Answer to: Ivanhoe Corp. had total variable costs of $170,100, total fixed costs of $85,100, and total revenues...

Post as a guest

Earn Coins

Add Answer to:
Ivanhoe Corp. had total variable costs of $170,100, total fixed costs of $85,100, and total revenues...