ER Question 9 If fixed costs are $200 000 and variable costs are 60% of the...
ER Question 9
If fixed costs are $200 000 and variable costs are 60% of the selling price, the break-even point in sales dollars is:
$200 000.
$333 333.
$500 000
$800 000.
Homework Answers
Fixed costs = $200,000
Variable cost = 60% of selling price
Break even point in sales dollar =?
Variable cost is 60% hence contribution margin ratio should be 40%.
Break even point in dollars = Fixed cost/Contribution margin ratio
= 200,000/40%
= $500,000
The break-even point in sales dollars in $500,000.
Third option is correct.
Kindly give a positive rating if you are satisfied with this solution and please ask if you have any query.
Thanks
Add Answer to:
ER Question 9 If fixed costs are $200 000 and variable costs are 60% of the...
Sheffield Company estimates that variable costs will be 60% of sales, and fixed costs will total...
Sheffield Company estimates that variable costs will be 60% of
sales, and fixed costs will total $912,000. The selling price of
the product is $6.
Compute the break-even point in (1) units and (2) dollars.
(Round intermediate calculation to 2 decimal places,
e.g. 52.75.)
(1)
Break-even sales
units
(2)
Break-even sales
$
LINK TO TEXT
LINK TO TEXT
Assuming actual sales are $3,000,000, compute the margin of
safety in (1) dollars and (2) as a ratio. (Round ratio
to 0...
The annual fixed costs for a plant are 100 000 TL and the variable costs are 140 000 TL at 70% ca...
The annual fixed costs for a plant are 100 000 TL and the variable costs are 140 000 TL at 70% capacity and the annual profit is 280 000 TL. What is the break-even point in units of production if the selling price per unit is 40 TL?
8. If fixed costs are $850,000 and variable costs are 60% of sales, what is the...
8. If fixed costs are $850,000 and variable costs are 60% of sales, what is the break-even point (dollars)? a. $2,125,000 b. $340,000 c. $3,400,000 d. $1,416,666
If fixed costs are $277,000, the unit selling price is $29, and the unit variable costs...
If fixed costs are $277,000, the unit selling price is $29, and the unit variable costs are $18, what is the break-even sales (units) if fixed costs are reduced by $43,700? 16,967 units 31,814 units 21,209 units 25,451 units If fixed costs are $719,000 and variable costs are 63% of sales, what is the break-even point in sales dollars? $1,943,243 $2,662,243 $1,171,970 $452,970 If fixed costs are $272,000, the unit selling price is $123, and the unit variable costs are...
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....
A) Further analysis of McCartney Manufacturing’s fixed costs revealed that the company actually faces annual fixed...
A) Further analysis of McCartney Manufacturing’s fixed costs revealed that the company actually faces annual fixed overhead costs of $9,800 and annual fixed selling and administrative costs of $4,200. Variable cost estimates are correct: direct materials cost, $2.40 per unit; direct labor costs, $3.00 per unit; and variable overhead costs, $0.60 per unit. At this time, the selling price of $20 will not change. Complete the following formulas for the revised fixed costs. Enter the ratio as a percentage. Contribution...
A) Further analysis of McCartney Manufacturing’s fixed costs revealed that the company actually faces annual fixed overh...
A) Further analysis of McCartney Manufacturing’s fixed costs revealed that the company actually faces annual fixed overhead costs of $9,800 and annual fixed selling and administrative costs of $4,200. Variable cost estimates are correct: direct materials cost, $2.40 per unit; direct labor costs, $3.00 per unit; and variable overhead costs, $0.60 per unit. At this time, the selling price of $20 will not change. Complete the following formulas for the revised fixed costs. Enter the ratio as a percentage. Contribution...
Question 5 Glacial Company estimates that variable costs will be 57.3% of sales, and fixed costs...
Question 5 Glacial Company estimates that variable costs will be 57.3% of sales, and fixed costs will total $677,000. The selling price of the product is $6.00. Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal places, e.g. 5,275.) (1) Break-even sales units (2) Break-even sales LINK TO TEXT VIDEO: SIMILAR EXERCISE Assuming actual sales are $1,801,000, compute the margin of safety in (1) dollars and (2) as a ratio. (Round ratio to 0...
Blossom Company estimates that variable costs will be 70.00% of sales, and fixed costs will total...
Blossom Company estimates that variable costs will be 70.00% of sales, and fixed costs will total $474,000. The selling price of the product is $5. Compute the break-even point in (1) units and (2) dollars. (1) Break-even sales units (2) Break-even sales Assuming actual sales are $2,000,000, compute the margin of safety in (1) dollars and (2) as a ratio. (1) Margin of safety (2) Margin of safety ratio
Johnson Company estimates that variable costs will be 60.00% of sales, and fixed costs will total $520,000. The selling...
Johnson Company estimates that variable costs will be 60.00% of sales, and fixed costs will total $520,000. The selling price of the product is $4. Compute the break-even point in (1) units and (2) dollars. (1) Break-even sales__________ units (2) Break even sales $__________ Assuming actual sales are $2,000,000 compute the margin of safety in (1) dollars and (2) as a ration. (1) Margin of safety $____________ (2) Margin of safety ratio ______________%
Sheffield Company estimates that variable costs will be 60% of
sales, and fixed costs will total $912,000. The selling price of
the product is $6.
Compute the break-even point in (1) units and (2) dollars.
(Round intermediate calculation to 2 decimal places,
e.g. 52.75.)
(1)
Break-even sales
units
(2)
Break-even sales
$
LINK TO TEXT
LINK TO TEXT
Assuming actual sales are $3,000,000, compute the margin of
safety in (1) dollars and (2) as a ratio. (Round ratio
to 0...
8. If fixed costs are $850,000 and variable costs are 60% of sales, what is the break-even point (dollars)? a. $2,125,000 b. $340,000 c. $3,400,000 d. $1,416,666
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....
Question 5 Glacial Company estimates that variable costs will be 57.3% of sales, and fixed costs will total $677,000. The selling price of the product is $6.00. Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal places, e.g. 5,275.) (1) Break-even sales units (2) Break-even sales LINK TO TEXT VIDEO: SIMILAR EXERCISE Assuming actual sales are $1,801,000, compute the margin of safety in (1) dollars and (2) as a ratio. (Round ratio to 0...
Blossom Company estimates that variable costs will be 70.00% of sales, and fixed costs will total $474,000. The selling price of the product is $5. Compute the break-even point in (1) units and (2) dollars. (1) Break-even sales units (2) Break-even sales Assuming actual sales are $2,000,000, compute the margin of safety in (1) dollars and (2) as a ratio. (1) Margin of safety (2) Margin of safety ratio
Most questions answered within 3 hours.
-
find the critical value associated with a right sided hypothesis of
the mean using a sample...
asked 1 hour ago -
Which of the following statements is true with respect to a
simple linear regression model?
a....
asked 2 hours ago -
The energy required to remove an electron from a surface of a
solid element is called...
asked 4 hours ago -
How would you train your employees to avoid risks of using
mobile devices?
asked 4 hours ago -
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 5 hours ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 6 hours ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 6 hours ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 8 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 8 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 9 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 10 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 10 hours ago