Homework Answers
Answer is option second - Breakeven
Formula for Breakeven point in units = Total fixed costs / Unit Contribution Margin.
Return on investment requires profit for calculation. Hence, this option is wrong.
Gross margin requires gross profit for calculation. Hence, this option is also wrong.
Total fixed costs and unit contribution margin are not related in any way to current assets. Hence,this option is also wrong.
Add Answer to:
Question 13 2 pts Total Fixed Costs divided by Unit Contribution Margin is a formula for...
Requirements 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin?...
Requirements 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin? 2. What would the company's monthly operating income be if the company sold 150,000 units? 3. What would the company's monthly operating income be if the company had sales of $4,500,000? 4. What is the breakeven point in units? In sales dollars? 5. How many units would the company have to sell to earn a target monthly profit of $260,400? 6. Management is currently...
Fuschia Company's contribution margin per unit is $13. Total fixed costs are $93,340. What is Fuschia's...
Fuschia Company's contribution margin per unit is $13. Total fixed costs are $93,340. What is Fuschia's break-even point in units? rev: 03_11_2019_QC_CS-162501 Multiple Choice 7,247 7,180. 2,747. 71,800. 3,960.
Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and...
Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units: Begin by showing the formula for contribution margin per unit and then enter the amounts to calculate the contribution margin per unit for each situation. (Abbreviation used: CM = contribution margin.) CM per unit Situation a. II Situation b. Situation c. Situation d. Now select the labels to show the formula for breakeven point in units and then enter...
Please find the following: Contribution margin per unit Contribution margin ratio Fixed Cost Fixed Cost per...
Please find the following:
Contribution margin per unit
Contribution margin ratio
Fixed Cost
Fixed Cost per year
Breakecen Sales
Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $100 throughout the country to loyal alumni of over 3,300 schools. Cullumber's variable costs are 40% of sales, fixed costs are $116,000 per month. (a1) * Your answer is incorrect. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38...
Question 15 4 pts A company has a unit contribution margin of $120 and a contribution margin ratio of 40%. What is the...
Question 15 4 pts A company has a unit contribution margin of $120 and a contribution margin ratio of 40%. What is the unit selling price? Cannot be determined $200 $300 $48 Question 16 A division sold 200,000 calculators during 2017: Sales $2,000,000 Variable costs: Materials $380,000 Order processing 150,000 Billing labor 110,000 Selling expenses 60,000 Total variable costs 700,000 Fixed costs 1,000,000 How much is the unit contribution margin? $6.50 $8.50 $3.50 $1.00 Question 17 4 pts At the...
Total fixed costs are $26,000 for Daz Inc. It has a unit contribution margin of $15,...
Total fixed costs are $26,000 for Daz Inc. It has a unit contribution margin of $15, and a contribution margin ratio of 25%. Compute the break-even sales in dollars.
6. Assume total fixed costs of $249600, variable costs per unit of $6, and contribution margin...
6. Assume total fixed costs of $249600, variable costs per unit of $6, and contribution margin per unit of $4. What are the sales dollars required to earn a target net income of $78000 assuming a tax rate of 20%? A. $546000 B. $867750 C. $780000 D. $819000 6. Assume a sales price per unit of $20, variable cost per unit $10, and total fixed costs of $16200. If no units are sold, how much cost would the company incur?...
Multiple Choice Question 43 The contribution margin ratio is O sales divided by fixed expenses. contribution...
Multiple Choice Question 43 The contribution margin ratio is O sales divided by fixed expenses. contribution margin divided by sales. O sales divided by variable expenses. sales divided by contribution margin.
BOOK Calculator Print Item Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense...
BOOK Calculator Print Item Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Unless otherwise instructed, round all total dollar figures (e.g. sales, total contribution margin) to the nearest dollar, breakeven or target units to the nearest unit, and unit costs and unit contribution margins to the nearest cent. Round ratios to four significant digits. Required: 1. At the break-even point, Jefferson Company sells 115,000 units...
D Question 3 3 pts The breakeven point in sales is the fixed cost divided by...
D Question 3 3 pts The breakeven point in sales is the fixed cost divided by the contribution margin per unit. True O False D Question 4 3 pts The margin of safety equal actual sales-breakeven sales O True O False 3 pts D Question 5 D Question 5 3 pts machine hours can be used as an allocation base for calculating the pre determined rate True ○ False 3 pts D Question 6 rates are assigned to An unfavorable...
Requirements 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin? 2. What would the company's monthly operating income be if the company sold 150,000 units? 3. What would the company's monthly operating income be if the company had sales of $4,500,000? 4. What is the breakeven point in units? In sales dollars? 5. How many units would the company have to sell to earn a target monthly profit of $260,400? 6. Management is currently...
Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units: Begin by showing the formula for contribution margin per unit and then enter the amounts to calculate the contribution margin per unit for each situation. (Abbreviation used: CM = contribution margin.) CM per unit Situation a. II Situation b. Situation c. Situation d. Now select the labels to show the formula for breakeven point in units and then enter...
Please find the following:
Contribution margin per unit
Contribution margin ratio
Fixed Cost
Fixed Cost per year
Breakecen Sales
Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $100 throughout the country to loyal alumni of over 3,300 schools. Cullumber's variable costs are 40% of sales, fixed costs are $116,000 per month. (a1) * Your answer is incorrect. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38...
Question 15 4 pts A company has a unit contribution margin of $120 and a contribution margin ratio of 40%. What is the unit selling price? Cannot be determined $200 $300 $48 Question 16 A division sold 200,000 calculators during 2017: Sales $2,000,000 Variable costs: Materials $380,000 Order processing 150,000 Billing labor 110,000 Selling expenses 60,000 Total variable costs 700,000 Fixed costs 1,000,000 How much is the unit contribution margin? $6.50 $8.50 $3.50 $1.00 Question 17 4 pts At the...
Multiple Choice Question 43 The contribution margin ratio is O sales divided by fixed expenses. contribution margin divided by sales. O sales divided by variable expenses. sales divided by contribution margin.
BOOK Calculator Print Item Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Unless otherwise instructed, round all total dollar figures (e.g. sales, total contribution margin) to the nearest dollar, breakeven or target units to the nearest unit, and unit costs and unit contribution margins to the nearest cent. Round ratios to four significant digits. Required: 1. At the break-even point, Jefferson Company sells 115,000 units...
D Question 3 3 pts The breakeven point in sales is the fixed cost divided by the contribution margin per unit. True O False D Question 4 3 pts The margin of safety equal actual sales-breakeven sales O True O False 3 pts D Question 5 D Question 5 3 pts machine hours can be used as an allocation base for calculating the pre determined rate True ○ False 3 pts D Question 6 rates are assigned to An unfavorable...
Most questions answered within 3 hours.
-
I create an address book where the user enters the name, phone
and email in the...
asked 54 seconds ago -
The production capacity for acrylonitrile
(C3H3N) in the United States exceeds 2
million pounds per year....
asked 8 minutes ago -
explain and comment out your answer
43. How many address lines are required to address a...
asked 14 minutes ago -
A sample of 45 observations is selected from a normal
population. The sample mean is 49,...
asked 29 minutes ago -
A construction company is planning to bid on a building
contract. The bid costs the company...
asked 27 minutes ago -
A firm operating in a purely competitive environment is faced
with a market price of $250....
asked 33 minutes ago -
•Let’s say someone claims the average population size is
600 feet squared and the housing authority...
asked 41 minutes ago -
Cynaide is a deadly poison that blocks the last step in the
electron transport chain of...
asked 45 minutes ago -
Your friend tells you that there is a vending machine on campus
that dispenses M&M packs...
asked 1 hour ago -
What advantages are there to using piperidine rather than
hydroxide as a base?
asked 59 minutes ago -
7. The life of a Freeze Breeze electric fan is normally
distributed with a mean 4...
asked 1 hour ago -
1. A 751 mL NaCl solution is diluted to a volume of 1.06 L and a...
asked 1 hour ago