SP | 25 | |||
Fixed cost | 33000 | |||
Break even units | 5500 | |||
Target profit | 12000 | |||
Target sale | ? | |||
Break even units= | Fixed cost/contribution per unit | |||
Contribution per unit= | Fixed cost/break even units | |||
= | 33000/5500 | |||
6 | ||||
Contribution margin ratio | = | Contribution Margin/ Selling price | ||
6/25*100 | ||||
24.00 | ||||
24% | ||||
Sales to achieve target sales | = | (Fixed cost+Target Profit)/Contribution margin ratio | ||
= | (33000+12000)/(.24) | |||
= | 187500 | |||
Target units | Sales to achieve target sales/selling price | |||
187500/25 | ||||
7500 | ||||
Hence, answer is 7500 units |
Hi mate, |
I would be grateful to you if you can provide a thumbs up and write one beautiful comment. It will improve my rating and let me continue my journey here. |
In case of doubt, please comment. I will consider myself fortunate if I can help you. |
All the best for your bright future. |
Ferkil Corporation manufacturers a single product that has a selling price of $25.00 per unit. Fixed...
Ferkil Corporation manufacturers a single product that has a selling price of $25.00 per unit. Foed expenses total $65.000 per year, and the company must sell 6,500 units to break even. If the company has a target profit of $15.000, sales in units must be Multiple Choice 7409 units 7100 units 8,000 units G 9100 units
Ferkil Corporation manufacturers a single product that has a selling price of $15.00 per unit. Fixed expenses total $51,000 per year, and the company must sell 8,500 units to break even if the company has a target profit of $15,000, sales in units must be: Multiple Choice Ο 10,227 units Ο 11,000 units Ο 11,900 units Ο 9,500 units
13 Ferkil Corporation manufacturers a single product that has a selling price of $20.00 per unit. Fixed expenses total $42,000 per year, and the company must sell 6,000 units to break even. If the company has a target profit of $14,000, sales in units must be: (8 01:50:57 Multiple Choice 7,455 units 6,700 units 8,000 units 8,100 units
up V ENIE Ferkil Corporation manufacturers a single product that has a selling price of $20.00 per unit. Fixed expenses total $48,000 per year, and the company must sell 6,000 units to break even. If the company has a target profit of $14,000, sales in units must be: Multiple Choice o 7,205 units o 6,700 units 7750 units o o ( 8,400 units
Ferkill Corporation manufacturers a single product that has a selling price of $50.00 per unit. Foxed expenses total $88,000 per year, and the company must sell 8,000 units to break even. If the company has a target profit of $16.500, sales in units must be: Multiple Choice 8773 units 8.330 units 9500 unts 9.750
9. Bird Inc. manufacturers a single product that has a selling price of $50 per unit. Fixed expenses total $100,000 per year, and the company must sell 8,000 units to break even. If the company can achieve total sales of $750,000, what will its net profit be? 10. Sally, Inc. has consistent fixed costs and contribution margin ratios from month to month. In January, Sally produced a $180,800 profit from $300,000 in revenue. In February, Sally produced a $285.800 profit...
Help Save&E Fere Corporation manufacturers profit of $14,000, sales in units must be ers a single product that has e selling price of $20.00 per unit Fixed expenses total $42,000 per year, and the company must sell 6.000 units to break even it the company has a target Mutiple Chce 6,700 uns 7 455un 8,000 n
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...
Carlton Corporation sells a single product at a selling price of $52 per unit Variable expenses are $34 per unit and food expenses are $84.950. Carlton's break even point is 0 4720 units 2.499 units 4,889 units 1634 units O O
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...