Homework Answers
| Total sales | 13000 |
| Less: Break-even sales | 11050 |
| Margin of safety sales | 1950 |
| Margin of safety sales | 1950 |
| Divide by Total sales | 13000 |
| Margin of safety sales percentage | 15% |
| Option A 15% is correct |
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Puchalla Corporation solls a product for $190 per unit The product's current sales are 3000 units...
Mcmurty Corporation sells a product for $320 per unit. The product's current sales are 14,300 units...
Mcmurty Corporation sells a product for $320 per unit. The product's current sales are 14,300 units and its break-even sales are 10,153 units. The margin of safety as a percentage of sales is closest to:
Majid corporation sells a product for $160 per unit. The product's current sales are 416000 units...
Majid corporation sells a product for $160 per unit. The product's current sales are 416000 units and break-even sales are 33390 units. What is the margin is the margin of safety in dollars?
15 15. Puchala Corporation sels a product for $150 per unt. The product's current sales are...
15
15. Puchala Corporation sels a product for $150 per unt. The product's current sales are 12.600 units and its break-even sales are 11,214 units. The margin of safety as a percentage of sales is closest to: 12 % O 11% O 89% 88% E E E LO
Majid Corporation sells a product for $135 per unit. The product's current sales are 41,100 units...
Majid Corporation sells a product for $135 per unit. The product's current sales are 41,100 units and its break-even sales are 32,115 units. What is the margin of safety in dollars? A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income 310,000 $ 1,940,000 $ 959,000 $ 264,000 $ 357,000 $ 230,000 $ 130,000 The...
and poles. The sales price and variable cost for each follows: Product per Unit Snowboards $190...
and poles. The sales price and variable cost for each follows: Product per Unit Snowboards $190 per Unit $330 $390 $60 Skis $240 Poles $30 costs shared by the three products are $249,200, how many units of each product will need to be sold in order for Salvadores to break even? Break-even per composite unit Number of Units per product Product Ratio (mix) Snowboards Skis Poles
Data concerning Follick Corporation's single product appear below: Selling price per unit Variable expense per unit...
Data concerning Follick Corporation's single product appear below: Selling price per unit Variable expense per unit Fixed expense per month $ 240.00 $ 76.80 $146,880 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Cubie Corporation has provided the following data concerning its only product: Selling price Current sales Break-even sales $ 87 per unit 13,000 units 11,700 units What is the margin of safety in dollars?
Ritchie Manufacturing Company makes a product that it sells for $190 per unit. The company incurs...
Ritchie Manufacturing Company makes a product that it sells for
$190 per unit. The company incurs variable manufacturing costs of
$96 per unit. Variable selling expenses are $18 per unit, annual
fixed manufacturing costs are $462,000, and fixed selling and
administrative costs are $260,000 per year.
Required
Determine the break-even point in units and dollars using each
of the following approaches:
Use the equation method.
Use the contribution margin per unit approach.
Prepare a contribution margin income statement for the...
Moyas Corporation sells a single product for $25 per unit. Last year, the company's sales revenue...
Moyas Corporation sells a single product for $25 per unit. Last year, the company's sales revenue was $265,000 and its net operating income was $43,500. If fixed expenses totaled $89,000 for the year, the break-even point in unit sales was: | o 10,600 units o 5,300 units o 12,340 units o 7.120 units
13. Doubtfire Corporation sells a single product for $15 per unit. Last year, the company's sales...
13. Doubtfire Corporation sells a single product for $15 per unit. Last year, the company's sales revenue was $225.000 and its net operating income was $18,000. If fixed expenses totaled $72,00 for the year, the break-even point in unit sales was: A 15,000 B 9.900 C 14,100 D. 12,000 14. The Jaws Corporation's variable menses are 35% of sales. Jaws Corporation is contemplating an advertising campaign that will cost $25.000. If sales increase by $75,000, the company's net operating income...
Lin Corporation has a single product whose selling price is $136 per unit and whose variable...
Lin Corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. The company's monthly fixed expense is $32,400. Required: 1. Calculate the unit sales needed to attain a target profit of $5,000. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,400. (Round your intermediate calculations to the nearest whole number.) 1. Units sales to attain target profit 2. Dollar sales to...
15
15. Puchala Corporation sels a product for $150 per unt. The product's current sales are 12.600 units and its break-even sales are 11,214 units. The margin of safety as a percentage of sales is closest to: 12 % O 11% O 89% 88% E E E LO
Majid Corporation sells a product for $135 per unit. The product's current sales are 41,100 units and its break-even sales are 32,115 units. What is the margin of safety in dollars? A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income 310,000 $ 1,940,000 $ 959,000 $ 264,000 $ 357,000 $ 230,000 $ 130,000 The...
and poles. The sales price and variable cost for each follows: Product per Unit Snowboards $190 per Unit $330 $390 $60 Skis $240 Poles $30 costs shared by the three products are $249,200, how many units of each product will need to be sold in order for Salvadores to break even? Break-even per composite unit Number of Units per product Product Ratio (mix) Snowboards Skis Poles
Data concerning Follick Corporation's single product appear below: Selling price per unit Variable expense per unit Fixed expense per month $ 240.00 $ 76.80 $146,880 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Cubie Corporation has provided the following data concerning its only product: Selling price Current sales Break-even sales $ 87 per unit 13,000 units 11,700 units What is the margin of safety in dollars?
Ritchie Manufacturing Company makes a product that it sells for
$190 per unit. The company incurs variable manufacturing costs of
$96 per unit. Variable selling expenses are $18 per unit, annual
fixed manufacturing costs are $462,000, and fixed selling and
administrative costs are $260,000 per year.
Required
Determine the break-even point in units and dollars using each
of the following approaches:
Use the equation method.
Use the contribution margin per unit approach.
Prepare a contribution margin income statement for the...
Moyas Corporation sells a single product for $25 per unit. Last year, the company's sales revenue was $265,000 and its net operating income was $43,500. If fixed expenses totaled $89,000 for the year, the break-even point in unit sales was: | o 10,600 units o 5,300 units o 12,340 units o 7.120 units
13. Doubtfire Corporation sells a single product for $15 per unit. Last year, the company's sales revenue was $225.000 and its net operating income was $18,000. If fixed expenses totaled $72,00 for the year, the break-even point in unit sales was: A 15,000 B 9.900 C 14,100 D. 12,000 14. The Jaws Corporation's variable menses are 35% of sales. Jaws Corporation is contemplating an advertising campaign that will cost $25.000. If sales increase by $75,000, the company's net operating income...
Lin Corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. The company's monthly fixed expense is $32,400. Required: 1. Calculate the unit sales needed to attain a target profit of $5,000. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,400. (Round your intermediate calculations to the nearest whole number.) 1. Units sales to attain target profit 2. Dollar sales to...
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