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 income of $45,000
The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.
Help with managerial accounting?? Karney Company has revenues of $500,000, variable costs of $350,000, and fixed...
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...
Select all that apply Company A has sales of $500,000 variable costs of $350,000, and fixed costs of $150,000. Company A has: a contribution margin equal to fixed costs reached the break even point eared a net operating profit incurred a net operating loss
Select all that apply Company A has sales of $500,000, variable costs of $350,000, and fixed costs of $150,000. Company A has Da contribution margin equal to fixed costs O reached the break-even point earned a net operating profit incurred a net operating loss
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