Need answer for question 4 please which is circled k-even contrirgin, break-even point in sales dollars...
The Dean Company has sales of $118,000, and the break-even point in sales dollars of $75,520. Determine the company's margin of safety percentage. Round answer to the nearest whole number. 36 % The Tom Company reports the following data. Sales $259,369 Variable costs 135,269 Fixed costs 51,100 Determine Tom Company's operating leverage. Round your answer to one decimal place. The Atlantic Company sells a product with a break-even point of 4,963 sales units. The variable cost is $101 per unit,...
A.) What is Shop 48's annual break-even point in unit sales and dollar sales? B.) If 27,600 pairs of shoes are sold in a year, what would be Shop 48’s net operating income (loss)? C.) The company is considering paying the Shop 48 store manager an incentive commission of 75 cents per pair of shoes (in addition to the salesperson’s commission). If this change is made, what will be the new break-even point in unit sales and dollar sales? D.)...
PLEASE ANSWER THE FOLLOWING QUESTIONS: Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,833,520. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price Variable Cost per Unit Contribution Margin per Unit Model 94 $950 $400 $550 Model 81 680 500 180 The sales mix for products Model 94 and Model 81 is 40% and 60%, respectively. Determine the break-even point in units...
QUESTION 2 The Detroit Red Wings need to calculate the break even ticket sales for their home games. The ticket price is $80, variable costs are 75% of sales, and fixed costs total $243,760. What is the break even point in sales revenue? $975,040 13,453 Tickets $325,013 12,188 Tickets
Break-Even Analysis Break-even analysis attempts to determine the volume of sales necessary for a manufacturer to cover costs or to make revenue equal costs. It is helpful in setting prices, estimating profit or loss potentials, and determining the discretionary costs that should be incurred. The general formula for calculating break-even units is Break-Even Units = Total Fixed Costs / ( Unit Selling Price − Unit Variable Cost ) 1. Use the formula to calculate how many cups of coffee an...
Reg 1A Reg 1B Req ЗА Req 3B Compute the break-even point in dollar sales for April. (Round intermediate percentage calculations to 1 decimal place and final answer to the nearest whole dollar.) Break-even point in dollar sales < Req 1B Req 3B > | Regia Req 1A Reg 1B Reg 18 Req3a Reg 3A | Regae | Reg 3B Would the break-even point in May be higher or lower than the break-even point in April? Higher Lower < Req...
I need help with these problems, please show your work. Break-Even Sales Under Present and Proposed Conditions Battonkill Company, operating at full capacity, sold 133,600 units at a price of $105 per unit during the current year. Its income statement for the current year is as follows: Sales $14,028,000 4,970,000 Cost of goods sold Gross profit $9,058,000 Expenses Selling expenses $2,485,000 Administrative expenses 1,505,000 Total expenses 3,990,000 Income from operations $5,068,000 The division of costs between fixed and variable is...
Please help with 4-8 Determine the amount of sales (units) that would be necessary under Break-Even Sales Under Present and Proposed Conditions Darby Company, operating at full capacity, sold 120,150 units at a price of $48 per unit during the current year. Its income statement for the current year is as follows: Sales $5,767,200 Cost of goods sold 2,848,000 $2,919,200 Gross profit Expenses: Selling expenses Administrative expenses $1,424,000 1,424,000 Total expenses 2,848,000 Income from operations $71,200 The division of costs...
1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to earn a target profit of $70,800? Use the formula method. 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to part 3 and now assume that the tax rate is...
(a) Determine the annual break-even point in sales dollars. Round contribution margin ratio to two decimal places for your calculation. (b) Determine the annual margin of safety in sales dollars. Use rounded answer from above for calculation. (c) What is the break-even point in sales dollars if management makes a decision that increases fixed costs by $57,000? Use rounded contribution margin ratio (2 decimal places) for your calculation. (d) With the current cost structure, including fixed costs of $285,000, what...