Homework Answers
Contribution margin=Sales-Variable cost
=(20-8)=$12 per unit
Breakeven=Fixed cost/Contribution margin
=18,000/12
=1500 units
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Baker Inc. has the following product information available for 2019: Sales price Variable costs $20 per...
Baker Inc. has the following product information available for 2019: Sales price $20 per unit Variable...
Baker Inc. has the following product information available for 2019: Sales price $20 per unit Variable costs $8 per unit Fixed costs $18,000 Units produced and sold 12,000 What total sales revenue is needed in order for Baker Inc. to earn a target profit before tax of $540,000? Select one: O a. $1,150,515 O b. $1,395,000 OC. $1,062,857 O d. $ 930,000 e. $ 900,000 f. $ 334,800 O
Cooper Company sells a product at $50 per unit that has unit variable costs of $20....
Cooper Company sells a product at $50 per unit that has unit variable costs of $20. The company's break-even sales point in sales dollars is $150,000. How much is the fixed costs now? (Hint: The fixed costs is same as the total contribution margin when there is break-even.) Select one: O a. $200,000 O b. $100,000 O c. $90,000 O d. $120,000 Zeus, Inc. produces a product that has a variable cost of $3.00 per unit. The company's fixed costs...
29. Webber, Inc. developed the following information for its product: Per Unit Sales price $90 Variable...
29. Webber, Inc. developed the following information for its product: Per Unit Sales price $90 Variable cost 63 Boone Contribution margin $27 Total fixed costs $1.215.000 Instructions Answer the following independent questions and show computations using the contribution margin technique to support your answers. 1. How many units must be sold to break even? 2. What is the total sales that must be generated for the company to earn a profit of $60,000? 3. If the company is presently selling...
29. Webber, Inc. developed the following information for its product: Per Unit Sales price $90 Variable...
29. Webber, Inc. developed the following information for its product: Per Unit Sales price $90 Variable cost 63 Contribution margin $27 Total fixed costs $1.215.000 Instructions Answer the following independent questions and show computations using the contribution margin technique to support your answers. 1. How many units must be sold to break even? 2. What is the total sales that must be generated for the company to earn a profit of $60,000? 3. If the company is presently selling 50,000...
CVP and Sensitivity Analysis (Single Product). Victoria, Inc., has annual fixed costs totaling $240,000 and variable...
CVP and Sensitivity Analysis (Single Product). Victoria, Inc., has annual fixed costs totaling $240,000 and variable costs of $6 per unit. Each unit of product is sold for $30. Victoria expects to sell 12,000 units this year (this is the base case). Required: Find the break-even point in units. How many units must be sold to earn an annual profit of $100,000? (Round to the nearest unit.) Find the break-even point in sales dollars. What amount of sales dollars is...
Information concerning a product produced by Gibson Company appears as follows: Sales price per unit Variable...
Information concerning a product produced by Gibson Company appears as follows: Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs $ 171 S87 $520,800 Required Determine the following: a. Contribution margin per unit. b. Number of units that Gibson must sell to break even. c. Sales level in units that Gibson must reach to earn a profit of $184,800. a. Contribution margin per unit b. Break-even in units c. Required sales in units
Information concerning a product produced by Zachary Company appears as follows: Sales price per unit Variable...
Information concerning a product produced by Zachary Company appears as follows: Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs $ 162 $ 82 $536,000 Required Determine the following: a. Contribution margin per unit. b. Number of units that Zachary must sell to break even. c. Sales level in units that Zachary must reach to earn a profit of $240,000. a. Contribution margin per unit b. Break-even in units c. Required sales in units
Webber, Inc. developed the following information for its product: Sales price Variable cost Contribution margin Total...
Webber, Inc. developed the following information for its product: Sales price Variable cost Contribution margin Total fixed costs Per Unit $90 63 $27 215,000 Answer the following independent questions. How many units must be sold to break even? Number of units to be sold By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor
Information concerning a product produced by Perez Company appears as follows: Sales price per unit Variable...
Information concerning a product produced by Perez Company appears as follows: Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs S 168 S 81 $539, 400 Required Determine the following: a. Contribution margin per unit. b. Number of units that Perez must sell to break even. c. Sales level in units that Perez must reach to earn a profit of $182,700. a. Contribution margin per unit b. Break-even in units C. Required sales in...
Information concerning a product produced by Baird Company appears as follows: Sales price per unit Variable...
Information concerning a product produced by Baird Company appears as follows: Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs $ 157 $ 87 $469,000 1:48:16 Required Determine the following: a. Contribution margin per unit. b. Number of units that Baird must sell to break even. c. Sales level in units that Baird must reach to earn a profit of $182,000. Book a. Contribution margin per unit b. Break-even in units c. Required sales...
Baker Inc. has the following product information available for 2019: Sales price $20 per unit Variable costs $8 per unit Fixed costs $18,000 Units produced and sold 12,000 What total sales revenue is needed in order for Baker Inc. to earn a target profit before tax of $540,000? Select one: O a. $1,150,515 O b. $1,395,000 OC. $1,062,857 O d. $ 930,000 e. $ 900,000 f. $ 334,800 O
Cooper Company sells a product at $50 per unit that has unit variable costs of $20. The company's break-even sales point in sales dollars is $150,000. How much is the fixed costs now? (Hint: The fixed costs is same as the total contribution margin when there is break-even.) Select one: O a. $200,000 O b. $100,000 O c. $90,000 O d. $120,000 Zeus, Inc. produces a product that has a variable cost of $3.00 per unit. The company's fixed costs...
29. Webber, Inc. developed the following information for its product: Per Unit Sales price $90 Variable cost 63 Boone Contribution margin $27 Total fixed costs $1.215.000 Instructions Answer the following independent questions and show computations using the contribution margin technique to support your answers. 1. How many units must be sold to break even? 2. What is the total sales that must be generated for the company to earn a profit of $60,000? 3. If the company is presently selling...
29. Webber, Inc. developed the following information for its product: Per Unit Sales price $90 Variable cost 63 Contribution margin $27 Total fixed costs $1.215.000 Instructions Answer the following independent questions and show computations using the contribution margin technique to support your answers. 1. How many units must be sold to break even? 2. What is the total sales that must be generated for the company to earn a profit of $60,000? 3. If the company is presently selling 50,000...
Information concerning a product produced by Gibson Company appears as follows: Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs $ 171 S87 $520,800 Required Determine the following: a. Contribution margin per unit. b. Number of units that Gibson must sell to break even. c. Sales level in units that Gibson must reach to earn a profit of $184,800. a. Contribution margin per unit b. Break-even in units c. Required sales in units
Information concerning a product produced by Zachary Company appears as follows: Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs $ 162 $ 82 $536,000 Required Determine the following: a. Contribution margin per unit. b. Number of units that Zachary must sell to break even. c. Sales level in units that Zachary must reach to earn a profit of $240,000. a. Contribution margin per unit b. Break-even in units c. Required sales in units
Webber, Inc. developed the following information for its product: Sales price Variable cost Contribution margin Total fixed costs Per Unit $90 63 $27 215,000 Answer the following independent questions. How many units must be sold to break even? Number of units to be sold By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor
Information concerning a product produced by Perez Company appears as follows: Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs S 168 S 81 $539, 400 Required Determine the following: a. Contribution margin per unit. b. Number of units that Perez must sell to break even. c. Sales level in units that Perez must reach to earn a profit of $182,700. a. Contribution margin per unit b. Break-even in units C. Required sales in...
Information concerning a product produced by Baird Company appears as follows: Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs $ 157 $ 87 $469,000 1:48:16 Required Determine the following: a. Contribution margin per unit. b. Number of units that Baird must sell to break even. c. Sales level in units that Baird must reach to earn a profit of $182,000. Book a. Contribution margin per unit b. Break-even in units c. Required sales...
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