The Marietta Company has fixed costs of $70,000 and variable costs are 80% of the selling price. To realize profits of $13,000 from sales of 60,000 units, the selling price per unit ____. must be $6.92 must be $1.73 must be $1.38 must be $5.83
The Marietta Company has fixed costs of $70,000 and variable costs are 80% of the selling...
The Tessmer Company has fixed costs of $400,000 and variable costs are 75% of the selling price. To realize profits of $100,000 from sales of 500,000 units, the selling price per unit: Must be $1.33 Must be $4.00 Must be $1.00 Is indeterminable
The Biloxi Company has the following cost structure: fixed costs of $70,000 per month and variable costs of $50 per unit. The Birmingham Company has the following cost structure: fixed costs of $60,000 per month and variable costs of $60 per unit. Both companies make the same product, which sells for $100 per unit. There is a sales level at which these two companies earn the same profits. What is that sales level? Which company is more profitable as sales...
Engineering Economics A manufacturing company is producing a product with variable cost of $6/unit, fixed costs of $70,000, and selling price of $13/unit. a. How many units should the company produce and how much must the sales be to break-even? b. Compute the Marginal Contribution Rate for this line of production. c. The manager demanded $100,000 profit, how many units must the company produce to reach the manager's goal if the variable cost per unit remains $6 and the price...
Megan Company has fixed costs of $1,675,000. The unit selling price, variable cost per unit, and contribution margin per unit for the two company's follow: Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,675,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $880 $440 $440 Zoro 620 480 The sales mix for products...
Heyden Company has fixed costs of $605,680. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Selling Price Variable Cost per Unit Contribution Margin per Unit $480 $280 $200 640 560 80 The sales mix for Products and ZZ is 45% and 55%, respectively. Determine the break even point in un s o an ZZ if re une round your answer, to the nearest shoe nu bet a. product...
Sales Mix and Break-Even Analysis Conley Company has fixed costs of $17,802,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company’s two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $180 $99 $81 Zoro 225 135 90 The sales mix for products Yankee and Zoro is 80% and 20%, respectively. Determine the break-even point in units of Yankee and Zoro. 1 eBook Show Me How Sales...
For the coming year, Belton Company estimates fixed costs of $60,000, the unit variable cost of $25, and the unit selling price of $50. a. Determine the break-even point in units of sales. b. Determine the unit sales required to realize operating income of $100,000. c. Determine the probable operating income if sales total $400,000.
Jett Company produces a single product and has the capacity to produce 70,000 units of this product each month. The per unit costs of this product when 70,000 units are produced are shown below: direct materials $29.60 direct labor 5.80 variable overhead 2.50 fixed overhead 17.20 variable selling costs 1.80 fixed selling costs 6.70 The normal selling price of the product is $65.30 per unit. Jett is currently selling 68,300 units of this product to regular customers. Jett Company has...
Copy Company has monthly fixed costs of $10,000 and variable costs of $12/unit. If the selling price is $25/unit and the company has set a target monthly income of $25,000, what dollar amount of sales must be made to produce the target income
Problem 11-4 NYM Manufacturing Company makes a product. Selling Price per unit Variable manufacturing cost per unit Variable selling expense per unit (sales commissions) Annual Fixed Manufacturing Costs Annual Fixed Selling and Admin Costs 150 80 25 40,000 s 60,000 REQUIRED Determine the break-even point in units and dollars using the following approaches. 1 Equation method 2 Contribution margin per unit. 3 Contribution margin ratio. 4 Confirm your results by preparing a contribution margin income statement for the breakeven sales...