Homework Answers
Solution:
| Blanchard Company | |||
| Forecasted Contribution Margin Income Statement | |||
| Units | $ per unit | ||
| Sales | 40700 | 207 | 8424900 |
| Less: Variable costs | 147 | 5982900 | |
| Contribution margin | 60 | 2442000 | |
| Less: Fixed Cost | 637000 | ||
| Operating Income | 1805000 | ||
| Less: Income tax (30%) | 541500 | ||
| Net Income | 1263500 | ||
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pter 18 - Week 3 HelpS 11 Blanchard Company manufactures a single product that sells for...
Blanchard Company manufactures a single product that sells for $366 per unit and whose total variable...
Blanchard Company manufactures a single product that sells for $366 per unit and whose total variable costs are $275 per unit. The company's annual fixed costs are $640,000. The sales manager predicts that annual sales of the company's product will soon reach 41,000 units and its price will increase to $405 per unit. According to the production manager, variable costs are expected to increase to $289 per unit but fixed costs will remain at $640,000. The income tax rate is...
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7 Exercise 18-13 Forecasted income statement LO C2 points Blanchard Company manufactures a single product that...
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im stuck here Exercise 18-13 Forecasted Income statement LO C2 Blanchard Company manufactures a single product...
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Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable...
Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. The company's annual fixed costs are $562,500. Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break-even point. If the company's fixed costs increase by $135,000, what amount of sales (in dollars) is needed to break even?Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable...
Blanchard Company manufactures a single product that sells for $366 per unit and whose total variable costs are $275 per unit. The company's annual fixed costs are $640,000. The sales manager predicts that annual sales of the company's product will soon reach 41,000 units and its price will increase to $405 per unit. According to the production manager, variable costs are expected to increase to $289 per unit but fixed costs will remain at $640,000. The income tax rate is...
Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $120 per unit. The company's annual fixed costs are $629,000. The sales manager predicts that annual sales of the company's product will soon reach 39,900 units and its price will increase to $199 per unit. According to the production manager, variable costs are expected to increase to $139 per unit, but fixed costs will remain at $629,000. The income tax rate is...
7 Exercise 18-13 Forecasted income statement LO C2 points Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $120 per unit. The company's annual fixed costs are $629,000. The sales manager predicts that annual sales of the company's product will soon reach 39,900 units and its price will increase to $199 per unit. According to the production manager, variable costs are expected to Increase to $139 per unit, but fixed costs...
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