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Your company is considering the production and sale of a new product. The selling price of...
ons Your company is considering the production and sale of a new product. The selling price...
ons Your company is considering the production and sale of a new product. The selling price of the new product is $35 per unit, the variable costs are $20 per unit, and the total monthly fixed costs are $45,000. How many units of the new product will your company need to sellin a month to break even on the new product? ns saved 750 units 2.250 units 3,000 units 3,800 units Save Question 22 (2 points)o Your company is considering...
The Acoustic Electronic Company is considering a new product line. Expected variable costs per unit will be $7.50. Expe...
The Acoustic Electronic Company is considering a new product line. Expected variable costs per unit will be $7.50. Expected fixed costs will be $24,000. The company plans to sell the product for $10.00 each. 1. Compute the number of units the company must sell to break even. 2. Compute the number of units the company must sell to earn a profit of $35,000. 3. Compute the number of units the company must sell to earn a profit of $70,000 if...
Reid Company is considering the production of a new product. The expected variable cost is $28...
Reid Company is considering the production of a new product. The expected variable cost is $28 per unit. Annual fixed costs are expected to be $630,000. The anticipated sales price is $70 each. Required Determine the break-even point in units and dollars using each of the following: a. Use the equation method. b. Use the contribution margin per unit approach. c. Use the contribution margin ratio approach. (Do not round intermediate calculations. Round "Contribution margin ratio" to 1 decimal place.(i.e.,...
Maple Enterprises sells a single product with a selling price of $60 and variable costs per...
Maple Enterprises sells a single product with a selling price of $60 and variable costs per unit of $24. The company's monthly fixed expenses are $18,000. A. What is the company's break-even point in units? Break-even units 500 units B. What is the company's break-even point in dollars? Break-even dollars $ 30,000 Feedback C. Construct contribution margin income statement for the month of September when they will sell 1,000 units. Use a minus sign for a net loss if present....
Cheesy Company The Company is considering the introduction of a new product with the following price...
Cheesy Company The Company is considering the introduction of a new product with the following price and cost characteristics Sales price $150 each Variable cost $60 each Fixed cost $135,000 per year The company expects to sell 2,000 units for the year. 16. Refer Cheesy Company. How many units must be sold to break even? a. 900 b. 2,250 c. 2,000 d. 1,500 17. What effect could an increase (investment) in fixed costs have on the break-even point and the contribution...
Maple Enterprises sells a single product with a selling price of $70 and variable costs per...
Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $28. The company's monthly fixed expenses are $25,200. A. What is the company's break-even point in units? Break-even units units B. What is the company's break-even point in dollars? Break-even dollars $ C. Construct a contribution margin income statement for the month of September when they will sell 1,000 units. Use a minus sign for a net loss if present. Income Statement...
Reid Company is considering the production of a new product. The expected variable cost is $28...
Reid Company is considering the production of a new product. The expected variable cost is $28 per unit. Annual fixed costs are expected to be $630,000. The anticipated sales price is $70 each. Required Determine the break-even point in units and dollars using each of the following: Use the equation method. Use the contribution margin per unit approach. Use the contribution margin ratio approach. (Do not round intermediate calculations. Round "Contribution margin ratio" to 1 decimal place. (i.e., 0.234 should...
Paulsen Company sells only one product. The regular selling price is $50. Variable costs are 70%...
Paulsen Company sells only one product. The regular selling price is $50. Variable costs are 70% of this selling price, and fixed costs are $7,500 per month Management decides to increase the selling price from $50 to $55 per unit. Assume that the cost of the product and the fixed operating expenses are not changed by this pricing decision. 5 Refer to the above data. At the original selling price of $50 per unit, what is the contribution margin Refer...
13 You are considering investing in a mass assembly production line. The fixed costs for the...
13 You are considering investing in a mass assembly production line. The fixed costs for the production line equipment with instulation is $3 million. Each unit of product sells for $20 and has a $5 per unit variable cost. Labor, materials, and energy costs are factored into the variable costs. Expected demand is 300,000 3 units. What is the break-even units? 4 Fixed Costs (S): 5 Unit Cost (S): 6 Variable Cost (S) Break-Even Units per unit per unit You...
Munoz Company is considering adding a new product. The cost accountant has provided the following data:...
Munoz Company is considering adding a new product. The cost accountant has provided the following data: Expected variable cost of manufacturing $ 45 per unit Expected annual fixed manufacturing costs $ 81,000 The administrative vice president has provided the following estimates: Expected sales commission $ 5 per unit Expected annual fixed administrative costs $ 39,000 The manager has decided that any new product must at least break even in the first year. Required Use the equation method and consider each...
ons Your company is considering the production and sale of a new product. The selling price of the new product is $35 per unit, the variable costs are $20 per unit, and the total monthly fixed costs are $45,000. How many units of the new product will your company need to sellin a month to break even on the new product? ns saved 750 units 2.250 units 3,000 units 3,800 units Save Question 22 (2 points)o Your company is considering...
The Acoustic Electronic Company is considering a new product line. Expected variable costs per unit will be $7.50. Expected fixed costs will be $24,000. The company plans to sell the product for $10.00 each. 1. Compute the number of units the company must sell to break even. 2. Compute the number of units the company must sell to earn a profit of $35,000. 3. Compute the number of units the company must sell to earn a profit of $70,000 if...
Reid Company is considering the production of a new product. The expected variable cost is $28 per unit. Annual fixed costs are expected to be $630,000. The anticipated sales price is $70 each. Required Determine the break-even point in units and dollars using each of the following: a. Use the equation method. b. Use the contribution margin per unit approach. c. Use the contribution margin ratio approach. (Do not round intermediate calculations. Round "Contribution margin ratio" to 1 decimal place.(i.e.,...
Maple Enterprises sells a single product with a selling price of $60 and variable costs per unit of $24. The company's monthly fixed expenses are $18,000. A. What is the company's break-even point in units? Break-even units 500 units B. What is the company's break-even point in dollars? Break-even dollars $ 30,000 Feedback C. Construct contribution margin income statement for the month of September when they will sell 1,000 units. Use a minus sign for a net loss if present....
Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $28. The company's monthly fixed expenses are $25,200. A. What is the company's break-even point in units? Break-even units units B. What is the company's break-even point in dollars? Break-even dollars $ C. Construct a contribution margin income statement for the month of September when they will sell 1,000 units. Use a minus sign for a net loss if present. Income Statement...
Paulsen Company sells only one product. The regular selling price is $50. Variable costs are 70% of this selling price, and fixed costs are $7,500 per month Management decides to increase the selling price from $50 to $55 per unit. Assume that the cost of the product and the fixed operating expenses are not changed by this pricing decision. 5 Refer to the above data. At the original selling price of $50 per unit, what is the contribution margin Refer...
13 You are considering investing in a mass assembly production line. The fixed costs for the production line equipment with instulation is $3 million. Each unit of product sells for $20 and has a $5 per unit variable cost. Labor, materials, and energy costs are factored into the variable costs. Expected demand is 300,000 3 units. What is the break-even units? 4 Fixed Costs (S): 5 Unit Cost (S): 6 Variable Cost (S) Break-Even Units per unit per unit You...
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