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Presto Company makes radios that sell for $28 each. For the
coming year, management expects fixed costs to total $278,880 and
variable costs to be $16.80 per unit.
(a) Compute the break-even point in dollars using
the contribution margin (CM) ratio.
Break-even point
$
(b) Compute the margin of safety ratio assuming
actual sales are $944,715. (Round margin of safety
ratio to 2 decimal places, e.g. 10.50%.)
Margin of safety
%
(c) Compute the sales dollars required to earn net...
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Grouper Company makes radios that sell for $60 each. For the coming year, management expects fixed costs to total $220,000 and variable costs to be $27 per unit. X Your answer is incorrect. Compute the break-even point in dollars using the contribution margin (CM) ratio. (Round answer to 0 decimal places, e.g. 1,225.) Break-even point $ e Textbook and Media X Your answer is incorrect. Compute the margin of safety ratio assuming actual sales are $800,000. (Round margin of safety...
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Concord Company makes radios that sell for $70 each. For the
coming year, management expects fixed costs to total $210,000 and
variable costs to be $35 per unit.
Compute the break-even point in dollars using the contribution
margin (CM) ratio. (Round answer to 0 decimal places,
e.g. 1,225.)
Break-even point
=
Compute the margin of safety ratio assuming actual sales are
$800,000. (Round margin of safety ratio to 2 decimal
places, e.g. 10.51.)
Margin of safety
Compute the sales dollars...
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Do It! Review 5-5 Crane Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $102,340 and variable costs to be $32 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point $ Compute the margin of safety ratio assuming actual sales are $700,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of safety % Compute the sales dollars required to earn...
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Please answer all :))
Do It! Review 5-5 Cullumber Company makes radios that sell for $30 each. For the coming year, management expects fixed costs to total $181,770 and variable costs to be $21 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point LINK TO TEXT LINK TO TEXT Compute the margin of safety ratio assuming actual sales are $830,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of...
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Do It Review 18-05 Sun and Company makes radios that sell for $50 each. For the coming year, management expects fixed costs to total $125,280 and variable costs to be 540 per unit Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point LINK TO TEXT Compute the margin of safety ratio assuming actual sales are $870,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50) Margin of safety Compute the sales dollars required...
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Do It Review 5-5 Sandhill Company makes radios that sell for $30 each. For the coming year, management expects fixed costs to total $108,410 and variable costs to be $24 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratlo. Break-even point Compute the margin of safety ratio assuming actual sales are $240,000(Round margin of safety ratio to 2 decimal placus, ... 10.50.) Margin of safety Compute the sales dollars required to earn net income of...
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got the first part right but don’t know why i keep getting the
last two parts wrong
CALCULATOR PRINTER VERSION BACK NEXT Do It Review 5-5 Sandhill Company makes radios that sell for $30 each. For the coming year, management expects foxed costs to total $248,040 and variable costs to be $18 per unit. Your answer is correct. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point 620100 LINK TO TEXT LINK TO TEXT Your...
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Question 3 Rossi Incorporated makes track suits that sell for coming year. 70 each. Actual sales are $1,036,000. Management estimates that fixed costs will total $233,100 and variable costs will be $49 per unit this Calculate the break even point n sales dollars using the contribution margin ratio places, e.g. 125.) Round contribution margin ratio to 4 decimal places, eg. 15.2964% and final answer to 0 decimal Break-even point in dollars LINK TO TEXT Calculate the margin of safety in...
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Exercise 5-12 In 2019, Ivanhoe Company had a break-even point of $310,000 based on a selling price of $8 per unit and fixed costs of $93,000. In 2020, the selling price and the variable costs per unit did not change, but the break-even point increased to $429,000 Your answer is correct. Compute the variable costs per unit and the contribution margin ratio for 2019. (Round Variable cost per unit to 2 decimal places, e.g. 2.25 and Contribution margin ratio to...
Presto Company makes radios that sell for $28 each. For the
coming year, management expects fixed costs to total $278,880 and
variable costs to be $16.80 per unit.
(a) Compute the break-even point in dollars using
the contribution margin (CM) ratio.
Break-even point
$
(b) Compute the margin of safety ratio assuming
actual sales are $944,715. (Round margin of safety
ratio to 2 decimal places, e.g. 10.50%.)
Margin of safety
%
(c) Compute the sales dollars required to earn net...
Grouper Company makes radios that sell for $60 each. For the coming year, management expects fixed costs to total $220,000 and variable costs to be $27 per unit. X Your answer is incorrect. Compute the break-even point in dollars using the contribution margin (CM) ratio. (Round answer to 0 decimal places, e.g. 1,225.) Break-even point $ e Textbook and Media X Your answer is incorrect. Compute the margin of safety ratio assuming actual sales are $800,000. (Round margin of safety...
Do It! Review 5-5 Crane Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $102,340 and variable costs to be $32 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point $ Compute the margin of safety ratio assuming actual sales are $700,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of safety % Compute the sales dollars required to earn...
Please answer all :))
Do It! Review 5-5 Cullumber Company makes radios that sell for $30 each. For the coming year, management expects fixed costs to total $181,770 and variable costs to be $21 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point LINK TO TEXT LINK TO TEXT Compute the margin of safety ratio assuming actual sales are $830,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of...
Do It Review 18-05 Sun and Company makes radios that sell for $50 each. For the coming year, management expects fixed costs to total $125,280 and variable costs to be 540 per unit Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point LINK TO TEXT Compute the margin of safety ratio assuming actual sales are $870,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50) Margin of safety Compute the sales dollars required...
Do It Review 5-5 Sandhill Company makes radios that sell for $30 each. For the coming year, management expects fixed costs to total $108,410 and variable costs to be $24 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratlo. Break-even point Compute the margin of safety ratio assuming actual sales are $240,000(Round margin of safety ratio to 2 decimal placus, ... 10.50.) Margin of safety Compute the sales dollars required to earn net income of...
got the first part right but don’t know why i keep getting the
last two parts wrong
CALCULATOR PRINTER VERSION BACK NEXT Do It Review 5-5 Sandhill Company makes radios that sell for $30 each. For the coming year, management expects foxed costs to total $248,040 and variable costs to be $18 per unit. Your answer is correct. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point 620100 LINK TO TEXT LINK TO TEXT Your...
Question 3 Rossi Incorporated makes track suits that sell for coming year. 70 each. Actual sales are $1,036,000. Management estimates that fixed costs will total $233,100 and variable costs will be $49 per unit this Calculate the break even point n sales dollars using the contribution margin ratio places, e.g. 125.) Round contribution margin ratio to 4 decimal places, eg. 15.2964% and final answer to 0 decimal Break-even point in dollars LINK TO TEXT Calculate the margin of safety in...
Exercise 5-12 In 2019, Ivanhoe Company had a break-even point of $310,000 based on a selling price of $8 per unit and fixed costs of $93,000. In 2020, the selling price and the variable costs per unit did not change, but the break-even point increased to $429,000 Your answer is correct. Compute the variable costs per unit and the contribution margin ratio for 2019. (Round Variable cost per unit to 2 decimal places, e.g. 2.25 and Contribution margin ratio to...