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If a company is selling 100 items for $10 each, and variable costs of $5 per...
$170 per unit. The company incurs variable manufacturing costs of $83 per unit. Variable selling expenses...
$170 per unit. The company incurs variable manufacturing costs of $83 per unit. Variable selling expenses are $19 per unit, annual fixed manufacturing costs are $498.000, and fixed selling and administrative costs are $236.400 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by...
Required information Exercise 6-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (L06-4) [The...
Required information Exercise 6-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (L06-4) [The following information applies to the questions displayed below.) Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Per Unit $ 90 63 $ 27 Percent of Sales 1009 70 304 Fixed expenses are $78,000 per month and the company is selling 3,500 units per month Exercise 6-5 Part 2 2-a. Refer to the original data. How much will net operating...
Marshall Company had sales of $10,000 (100 units at $100 per). Manufacturing costs consisted of direct...
Marshall Company had sales of $10,000 (100 units at $100 per).
Manufacturing costs consisted of direct labor $1,500, direct
materials $1,000, variable factory overhead $1,100, and fixed
factory overhead $500. Selling expenses totaled $1,500 ($500
variable and $1,000 fixed), and administrative expenses totaled
$1,600 ($410 variable and $1,190 fixed). Operating income was
$2,800. Round all final answers to nearest dollar or whole
number.
Requirements:
What is the break-even point in sales dollars and in units if
the fixed factory overhead...
Lec Exercise 6-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (L06-4) [The following...
Lec Exercise 6-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (L06-4) [The following information applies to the questions displayed below.) Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Per Unit S 85 51 S 34 Percent of Sales 1008 60 400 Fixed expenses are $77,000 per month and the company is selling 2,600 units per month, Exercise 6-5 Part 1 Required: 1-a. How much will net operating income increase (decrease) per month...
$84 per unit. selling expenses are $12 per unit, annual fixed manufacturing costs are $470,000, and...
$84 per unit. selling expenses are $12 per unit, annual fixed manufacturing costs are $470,000, and fixed selling and Determine the break-even point in units and dollars using each of the following approaches: b. Use the c eferencesd. Prepare a Req A to C 29 5 Ritchie Manufacturing Company makes a product that it sells for $160 per unit. The company incurs variable manufacturin $84 per unit. Variable selling expenses are $12 per unit, annual fixed manufacturing costs are $470,000,...
Exercise 5-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (LO5-4] [The following information...
Exercise 5-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (LO5-4] [The following information applies to the questions displayed below.] Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Percent Per Unit of Sales $ 90 100% 63 $ 27 308 70 Fixed expenses are $30,000 per month and the company is selling 2,000 units per month. Exercise 5-5 Part 1 Required: 1-a. How much will net operating income increase (decrease) per month if...
EXERCISE 5-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume L05-4 Data for Hermann...
EXERCISE 5-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume L05-4 Data for Hermann Corporation are shown below: Per Unit Percent of Sales $90 63 100% 70 Selling price Variable expenses Contribution margin $27 30% Fixed expenses are $30,000 per month and the company is selling 2,000 units per month. Required: 1. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $5,000 and monthly sales increase by $9,000? 2. Refer...
XYZ had sales of $10,000 (100 units at $100 per). Manufacturing costs consisted of direct labor...
XYZ had sales of $10,000 (100 units at $100 per). Manufacturing costs consisted of direct labor $1,500, direct materials $1,000, variable factory overhead $1,100, and fixed factory overhead $500. Selling expenses totaled $1,500 ($500 variable and $1,000 fixed), and administrative expenses totaled $1,600 ($410 variable and $1,190 fixed). Operating income was $2,800. Round all final answers to nearest dollar or whole number. What is the break-even point in sales dollars and in units if the fixed factory overhead increased by...
please help thank you in advance Required information Exercise 5-5 (Static) Changes in Variable Costs, Fixed...
please help thank you in advance
Required information Exercise 5-5 (Static) Changes in Variable Costs, Fixed Costs, Selling Price, and Volume [LO5-4) [The following information applies to the questions displayed below) Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Percent Per Unit of Sales $ 90 100% 63 70 $ 27 304 Fixed expenses are $30,000 per month and the company is selling 2,000 units per month Exercise 5-5 (Static) Part 2 2-a. Refer to...
Saved Help Save & Exit Exercise 5-5 Changes in Variable Costs, Fixed Costs, Selling Price, and...
Saved Help Save & Exit Exercise 5-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (L05-4) [The following information applies to the questions displayed below.) Data for Hermann Corporation are shown below: Per Unit $75 Percent of Sales 100% Selling price Variable expenses Contribution margin 51 $24 32% Fixed expenses are $75,000 per month and the company is selling 4,000 units per month Exercise 5-5 Part 2 2-a. Refer to the original data. How much will net operating...
$170 per unit. The company incurs variable manufacturing costs of $83 per unit. Variable selling expenses are $19 per unit, annual fixed manufacturing costs are $498.000, and fixed selling and administrative costs are $236.400 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by...
Required information Exercise 6-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (L06-4) [The following information applies to the questions displayed below.) Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Per Unit $ 90 63 $ 27 Percent of Sales 1009 70 304 Fixed expenses are $78,000 per month and the company is selling 3,500 units per month Exercise 6-5 Part 2 2-a. Refer to the original data. How much will net operating...
Marshall Company had sales of $10,000 (100 units at $100 per).
Manufacturing costs consisted of direct labor $1,500, direct
materials $1,000, variable factory overhead $1,100, and fixed
factory overhead $500. Selling expenses totaled $1,500 ($500
variable and $1,000 fixed), and administrative expenses totaled
$1,600 ($410 variable and $1,190 fixed). Operating income was
$2,800. Round all final answers to nearest dollar or whole
number.
Requirements:
What is the break-even point in sales dollars and in units if
the fixed factory overhead...
Lec Exercise 6-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (L06-4) [The following information applies to the questions displayed below.) Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Per Unit S 85 51 S 34 Percent of Sales 1008 60 400 Fixed expenses are $77,000 per month and the company is selling 2,600 units per month, Exercise 6-5 Part 1 Required: 1-a. How much will net operating income increase (decrease) per month...
$84 per unit. selling expenses are $12 per unit, annual fixed manufacturing costs are $470,000, and fixed selling and Determine the break-even point in units and dollars using each of the following approaches: b. Use the c eferencesd. Prepare a Req A to C 29 5 Ritchie Manufacturing Company makes a product that it sells for $160 per unit. The company incurs variable manufacturin $84 per unit. Variable selling expenses are $12 per unit, annual fixed manufacturing costs are $470,000,...
Exercise 5-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (LO5-4] [The following information applies to the questions displayed below.] Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Percent Per Unit of Sales $ 90 100% 63 $ 27 308 70 Fixed expenses are $30,000 per month and the company is selling 2,000 units per month. Exercise 5-5 Part 1 Required: 1-a. How much will net operating income increase (decrease) per month if...
EXERCISE 5-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume L05-4 Data for Hermann Corporation are shown below: Per Unit Percent of Sales $90 63 100% 70 Selling price Variable expenses Contribution margin $27 30% Fixed expenses are $30,000 per month and the company is selling 2,000 units per month. Required: 1. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $5,000 and monthly sales increase by $9,000? 2. Refer...
please help thank you in advance
Required information Exercise 5-5 (Static) Changes in Variable Costs, Fixed Costs, Selling Price, and Volume [LO5-4) [The following information applies to the questions displayed below) Data for Hermann Corporation are shown below: Selling price Variable expenses Contribution margin Percent Per Unit of Sales $ 90 100% 63 70 $ 27 304 Fixed expenses are $30,000 per month and the company is selling 2,000 units per month Exercise 5-5 (Static) Part 2 2-a. Refer to...
Saved Help Save & Exit Exercise 5-5 Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (L05-4) [The following information applies to the questions displayed below.) Data for Hermann Corporation are shown below: Per Unit $75 Percent of Sales 100% Selling price Variable expenses Contribution margin 51 $24 32% Fixed expenses are $75,000 per month and the company is selling 4,000 units per month Exercise 5-5 Part 2 2-a. Refer to the original data. How much will net operating...
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