Question

arers and has the following data available on these products 23. Detener Jackets, the produces a Sales price per un Variable

0 0
Add a comment Improve this question Transcribed image text
Answer #1

As per guideline, only one question will be answered. Question 23 has been answered below-

Sales price per unit 250
Variable cost per unit 100
Gross Profit per unit 150

Let the number of units be x

(150x-15000)*75/100=180000 (Tax Rate is 25%, hence profit after tax has been calculate as 100-25=75)

112.5x-11250=180000

112.5x=191250

x=1700 Units

B) Sales in Dollar Value= 1700*250

=$425000

Add a comment
Know the answer?
Add Answer to:
arers and has the following data available on these products 23. Detener Jackets, the produces a...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • how? Victor Company makes a single product. The company has monthly fined consta $700.000 Vale costs...

    how? Victor Company makes a single product. The company has monthly fined consta $700.000 Vale costs of 5.30 per unit. Each unit of product is sold for $35. Brevard expects to sell 25.000 min 2. What is the monthly operating profil 19. Refer a chibit $175.000 S675.000 None of the answer claices is correct sales price increases to percent Refer to Exhibit 2. What would be the operating profit if the S112. 23.500 None of the answer choices is correct...

  • The local nonprofit youth symphony is planning a concert fundraiser. The organization estimates that 600 tickets...

    The local nonprofit youth symphony is planning a concert fundraiser. The organization estimates that 600 tickets can be sold for $15 per person. The fixed costs are $708. The local chamber of commerce office will process ticket orders for a fee of $3 per ticket, to relieve the youth symphony of this responsibility. (1) How many tickets does your organization have to sell to break even? (2) How many tickets does your organization have to sell to earn a profit...

  • The local nonprofit youth symphony is planning a concert fundraiser. The organization estimates that 600 tickets...

    The local nonprofit youth symphony is planning a concert fundraiser. The organization estimates that 600 tickets can be sold for $15 per person. The fixed costs are $708. The local chamber of commerce office will process ticket orders for a fee of $3 per ticket, to relieve the youth symphony of this responsibility. (1) How many tickets does your organization have to sell to break even? (2) How many tickets does your organization have to sell to earn a profit...

  • Designer Jackets, Inc. produces blazers and has the following data available on these products. Sales price...

    Designer Jackets, Inc. produces blazers and has the following data available on these products. Sales price per unit $ 280 Variable cost per unit 120 Fixed costs per month 16,000 Tax rate 20 percent (1) How many units must be sold to earn a monthly profit of $150,000 after taxes? (2) How many sales dollars are required to earn a monthly profit of $150,000 after taxes?

  • Designer Jackets, Inc. produces blazers and has the following data available on these products. Sales price per uni...

    Designer Jackets, Inc. produces blazers and has the following data available on these products. Sales price per unit $ 280 Variable cost per unit 120 Fixed costs per month 16,000 Tax rate 20 percent (1) How many units must be sold to earn a monthly profit of $150,000 after taxes? (2) How many sales dollars are required to earn a monthly profit of $150,000 after taxes? SHOW YOUR WORK HTML Editore BIŲ A-A-I EX3 - O P NV G O...

  • 35. Contribution Margin with Resource Constraints. Lassen, Inc. produces two different products that! have the following...

    35. Contribution Margin with Resource Constraints. Lassen, Inc. produces two different products that! have the following price and cost characteristics. Premium Standard Selling price per unit 5400 $200 Variable cost per unit) $320 S150 Management believes that pushing sales of the Premium product would maximize company profits because of the high contribution margin per unit for this product. However, only 50,000 labor hours are available each year, and the Premium product requires 4 labor hours per unit while the Standard...

  • Big City Orchestra, Inc. produces a five-concert series every year. Its concert hall has 3,300 seats,...

    Big City Orchestra, Inc. produces a five-concert series every year. Its concert hall has 3,300 seats, all of which sell for $40 per ticket per concert. Variable costs are estimated to be $2 per ticket, related to printing, promotions, and mailings. Fixed costs, including salaries and operating expenses, total $427,500 per year. The orchestra averages 70% attendance per concert. What is the breakeven point in dollars of ticket sales? What is the breakeven point in tickets per concert? What is...

  • CVP Analysis and Cost Structure (Single Product). Fallon Company produces road bikes. The company has annual...

    CVP Analysis and Cost Structure (Single Product). Fallon Company produces road bikes. The company has annual fixed costs totaling $10,000,000 and variable costs of $600 per unit. Each unit of product is sold for $1,000. Fallon expects to sell 70,000 units this year. Required: Find the break-even point in units. How many units must be sold to earn an annual profit of $2,000,000? Find the break-even point in sales dollars. What amount of sales dollars is required to earn an...

  • 26. Dell Corp. produces three products and is currently facing a labor shortage - only 20,000...

    26. Dell Corp. produces three products and is currently facing a labor shortage - only 20,000 hours are available this month. The selling price, costs, labor requirements, machine requirements and demand of the three products are as follows: A. In what order should Dell prioritize (rank from 1st choice to 3rd) production of the products? To determine priority you first determine what resource is constrained (in this case it is labor hours). Then calculate Unit Contribution Margin. Using unit contribution...

  • Williams & Williams Co. produces plastic spray bottles and wants to earn a before-tax profit of...

    Williams & Williams Co. produces plastic spray bottles and wants to earn a before-tax profit of $1,000,000 next quarter. Variable cost is $2.50 per bottle, fixed costs are $1,975,000, and the selling price is $5.00 per bottle. How many bottles must the company sell to meet its profit goal? Unit sales bottles per quarter Franklin Cards sells greeting cards for $10.00 each and plans to sell 138,000 cards every quarter. The management accountant has determined the company must sell 96,600...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT