Exercise 18-21 Predicting unit and dollar sales LO C2 Nombre Company management predicts $952,000 of variable...
Nombre Company management predicts $1,672,000 of variable costs, $2,255,000 of fixed costs, and a pretax income of $253,000 in the next period. Management also predicts that the contribution margin per unit will be $57 (1) Compute the total expected dollar sales for next period. Contribution margin Pretax income (2) Compute the number of units expected to be sold next period. Choose Numerator: Choose Denominator Units Units Nombre Company management predicts $1.672,000 of variable costs, $2,255,000 of fixed costs, and a...
Nombre Company management predicts $720,000 of variable costs, $866,000 of fixed costs, and a pretax income of $214,000 in the next period. Management also predicts that the contribution margin per unit will be $15. (1) Compute the total expected dollar sales for next period. Contribution margin Pretax income (2) Compute the number of units expected to be sold next period. Choose Numerator: Choose Denominator: - Units Units nces
Exercise 18-14 Predicting sales and variable costs using contribution margin LO C2 Bloom Company management predicts that it will incur fixed costs of $255,000 and earn pretax income of $427.500 in the next period. Its expected contribution margin ratio is 65% Required: 1. Compute the amount of total dollar sales 2. Compute the amount of total variable costs Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of total dollar sales....
Exercise 18-14 Predicting sales and variable costs using contribution margin LO C2 Bloom Company management predicts that it will incur fixed costs of $252,000 and earn pretax income of $380,400 in the next period. Its expected contribution margin ratio is 62% Required: 1. Compute the amount of total dollar sales 2. Compute the amount of total variable costs Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Compute the amount of total dollar...
Harrison Co. expects to sell 220,000 units of its product next year, which would generate total sales of $19,140,000. Management predicts that pretax net income for next year will be $1,270,000 and that the contribution margin per unit will be $23. Complete the below table to calculate the next year's total expected variable costs and fixed costs. HARRISON CO. Forecasted Contribution Margin Income Statement Units $ per unit 220,000 Contribution margin $ 23 Nombre Company management predicts $720,000 of variable...
Bloom Company management predicts that it will incur fixed costs of $259,000 and earn pretax income of $493,100 in the next period. Its expected contribution margin ratio is 69%. Required: 1. Compute the amount of total dollar sales. 2. Compute the amount of total variable costs. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of total dollar sales. Dollar Sales 7 Choose Denominator: Choose Numerator: = Total Dollar Sales Total...
Exercise 18-12 Computing sales to achieve target income LO C2 Blanchard Company manufactures a single product that sells for $100 per unit and whose total variable costs are 576 per unit. The company's annual fixed costs are $338.400. Management targets an annual pretax income of $600,000. Assume that foxed costs remain at $338,400. (1) Compute the unit sales to earn the target Income Choose Numerator: Choose Denominator: - = Units to Achieve Target Units to achieve target (2) Compute the...
Check my work Exercise 18-12 Computing sales to achieve target income LO C2 Blanchard Company manufactures a single product that sells for $220 per unit and whose total variable costs are $176 per unit The company's annual fixed costs are $664,400. Management targets an annual pretax income of $1,100,000. Assume that fixe costs remain at $664,400. (1) Compute the unit sales to earn the target income. Choose Numerator: Choose Denominator: = Units to Achieve Target Units to achieve target (2)...
Bloom Company management predicts that it will incur fixed costs of $265,000 and earn pretax income of $367,500 in the next period. Its expected contribution margin ratio is 55%. Required 1. Compute the amount of total dollar sales 2. Compute the amount of total variable costs Complete this question by entering your answers in the tabs below. Require Required 2 Compute the amount of total dollar sales. Choose Numerator:Choose Denominator:llTotal Doillar Sale Total dollar sales Required 2> Bloom Company management...
Exercise 18-15 Computing variable and fixed costs LO C2 Harrison Co. expects to sell 260,000 units of its product next year, which would generate total sales of $23,660,000. Management predicts that pretax net income for next year will be $1,310,000 and that the contribution margin per unit will be $19. Complete the below table to calculate the next year's total expected variable costs and fixed costs. HARRISON CO. Forecasted Contribution Margin Income Statement Units $ per unit 260,000 Contribution margin...