Homework Answers
At the break-even point there will be no profit/loss, below the break-even there is loss and above the break-even there is profit.
The answer is True.
Add Answer to:
QUESTION 2 Once a company sells more units of a product than are required to break...
QUESTION 9 Boomerang company sells a product at $100 per unit that has unit variable costs...
QUESTION 9 Boomerang company sells a product at $100 per unit that has unit variable costs of $30. The company's break-even sales point in sales dollars is $150,000. How much profit will the company make if it sells 4,000 units? A. $120,000 B. $70,000 C.$175,000 D. $215,000 QUESTION 10 To find the break-even point for a company that sells several products, the analyst must make an assumption about what the sales mix will be and calculate a weighted average contribution...
The Atlantic Company sells a product with a break-even point of 6,195 sales units. The variable...
The Atlantic Company sells a product with a break-even point of 6,195 sales units. The variable cost is $86 per unit, and forced costs are $297,360. Determine the unit sales price. Round answer to nearest whole number. Determine the break-even points in sales units if the company desires a target profit of $66,864. Round answer to the nearest whole number units
The Atlantic Company sells a product with a break-even point of 5,862 sales units. The variable...
The Atlantic Company sells a product with a break-even point of 5,862 sales units. The variable cost is $84 per unit, and fixed costs are $199,308. Determine the unit sales price. Round answer to nearest whole number. $ Determine the break-even points in sales units if the company desires a target profit of $50,048. Round answer to the nearest whole number. units
1. Break-Even Point Radison Inc. sells a product for $97 per unit. The variable cost is...
1. Break-Even Point Radison Inc. sells a product for $97 per unit. The variable cost is $52 per unit, while fixed costs are $516,375. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $103 per unit. a. Break-even point in sales units ? units b. Break-even point if the selling price were increased to $103 per unit ? units 2. Outdoors Company sells a product for $150 per...
Break-Even Analysis & Margin of Safety (with more than one product) P 6-B The Medal Company...
Break-Even Analysis & Margin of Safety (with more than one product) P 6-B The Medal Company make two products, Gold and Silver. Sales and cost data for these products follow. Gold Silver Sales (in units) 100,000 10,000 Selling price per unit $25 $150 Variable expenses per unit 100 Fixed expenses, for the company, are $900,000. 12 Required: 1) Using the above, complete the following: a) Prepare a contribution form income statement displaying dollar amounts and percentages for each product and...
QUESTION 15 Traverse Company manufactures and sells women's skirts. Selected data from Traverse's master budget for...
QUESTION 15 Traverse Company manufactures and sells women's skirts. Selected data from Traverse's master budget for next quarter are shown below Budgeted sales (in units) Budgeted production (in units). July August September 9,000 12,000 6,000 8,000 8,000 10,500 Each unit requires 1.5 hours of direct labor, and the average hourly cost of Traverse's direct labor is $10. What is the cost of Traverse Company's direct labor in September? 1. $135,000 O 2. $180,000 3. $157,500 O 4.$120,000 QUESTION 16 Mason...
Target Profit Trailblazer Company sells a product for $225 per unit. The variable cost is $115...
Target Profit Trailblazer Company sells a product for $225 per unit. The variable cost is $115 per unit, and fixed costs are $660,000. Determine (a) the break-even point in sales units and (b) the break-even point in sales units required for the company to achieve a target profit of $191,400. a. Break-even point in sales units units b. Break-even point in sales units required for the company to achieve a target profit of $191,400
Target Profit Woodsman Company sells a product for $250 per unit. The variable cost is $90...
Target Profit Woodsman Company sells a product for $250 per unit. The variable cost is $90 per unit, and fixed costs are $752,000. Determine (a) the break-even point in sales units and (b) the break-even point in sales units required for the company to achieve a target profit of $135,360. a. Break-even point in sales units units b. Break-even point in sales units required for the company to achieve a target profit of $135,360 units
Fowler Company produces a product that sells for $200 per unit and has a variable cost...
Fowler Company produces a product that sells for $200 per unit and has a variable cost of $125 per unit. Fowler incurs annual fixed costs of $450,000 Required a. Determine the sales volume in units and dollars required to break even. (Do not round intermediate calculations.) b. Calculate the break-even point assuming fixed costs increase to $600,000. (Do not round intermediate calculations.) Answer is not complete. 6,000 $ 1,200,000 Sales volume in units Sales in dollars Break-even units Break-even sales...
Target Profit Beard Company sells a product for $15 per unit. The variable cost is 10...
Target Profit Beard Company sells a product for $15 per unit. The variable cost is 10 per unit, and fixed costs are 1,750,000. Determine (a) the break-even point in sales units and (b) the sales units required for the company to achieve a target profit of $400,000. a. Break-even point in sales units units b. Break-even point in sales units required for the company to achieve a target profit of $400,000 units
QUESTION 9 Boomerang company sells a product at $100 per unit that has unit variable costs of $30. The company's break-even sales point in sales dollars is $150,000. How much profit will the company make if it sells 4,000 units? A. $120,000 B. $70,000 C.$175,000 D. $215,000 QUESTION 10 To find the break-even point for a company that sells several products, the analyst must make an assumption about what the sales mix will be and calculate a weighted average contribution...
The Atlantic Company sells a product with a break-even point of 6,195 sales units. The variable cost is $86 per unit, and forced costs are $297,360. Determine the unit sales price. Round answer to nearest whole number. Determine the break-even points in sales units if the company desires a target profit of $66,864. Round answer to the nearest whole number units
Break-Even Analysis & Margin of Safety (with more than one product) P 6-B The Medal Company make two products, Gold and Silver. Sales and cost data for these products follow. Gold Silver Sales (in units) 100,000 10,000 Selling price per unit $25 $150 Variable expenses per unit 100 Fixed expenses, for the company, are $900,000. 12 Required: 1) Using the above, complete the following: a) Prepare a contribution form income statement displaying dollar amounts and percentages for each product and...
QUESTION 15 Traverse Company manufactures and sells women's skirts. Selected data from Traverse's master budget for next quarter are shown below Budgeted sales (in units) Budgeted production (in units). July August September 9,000 12,000 6,000 8,000 8,000 10,500 Each unit requires 1.5 hours of direct labor, and the average hourly cost of Traverse's direct labor is $10. What is the cost of Traverse Company's direct labor in September? 1. $135,000 O 2. $180,000 3. $157,500 O 4.$120,000 QUESTION 16 Mason...
Fowler Company produces a product that sells for $200 per unit and has a variable cost of $125 per unit. Fowler incurs annual fixed costs of $450,000 Required a. Determine the sales volume in units and dollars required to break even. (Do not round intermediate calculations.) b. Calculate the break-even point assuming fixed costs increase to $600,000. (Do not round intermediate calculations.) Answer is not complete. 6,000 $ 1,200,000 Sales volume in units Sales in dollars Break-even units Break-even sales...
Target Profit Beard Company sells a product for $15 per unit. The variable cost is 10 per unit, and fixed costs are 1,750,000. Determine (a) the break-even point in sales units and (b) the sales units required for the company to achieve a target profit of $400,000. a. Break-even point in sales units units b. Break-even point in sales units required for the company to achieve a target profit of $400,000 units
Most questions answered within 3 hours.
-
A space vehicle is coasting at a constant velocity of 18.1 m/s
in the +y direction...
asked 46 minutes ago -
5) Use the following balanced equation to answer questions
(a)-(i).
3 Cu(s) + 8 HNO3(aq) →...
asked 28 minutes ago -
A three-year maturity bond with a 12% annual coupon rate is
currently traded at par $1000...
asked 37 minutes ago -
1.
What is the minimum volume to use in the Spec 20 cuvette in order
to...
asked 1 hour ago -
A builder wants to install wall-to-wall carpeting in a living
room of length 8.87 m and...
asked 1 hour ago -
Organizational change can produce anxiety in those affected by
the change. In what ways can change...
asked 1 hour ago -
Ozone in the atmosphere may react with nitric oxide.
From the following data, calculate the DG...
asked 1 hour ago -
Steven Long, a bond analyst, is analyzing a convertible bond.
The characteristics of the bond are...
asked 1 hour ago -
Michael Bordellet is
the owner/pilot of Stellar Air Service. The company flies a daily
round trip...
asked 1 hour ago -
Hi, I need to change the conversion where stack is into a class
stack and add...
asked 1 hour ago -
Consider the log logistic CDF F(t)=1/(1+(t/α)-β)
Find f(t), S(t), h(t), and H(t).
It can be shown...
asked 1 hour ago -
A gaseous mixture of methane and water vapor at
atmospheric pressure and 500 ° C is...
asked 1 hour ago