Homework Answers
a)
| sales | 40 |
| variable cost | 21 |
| contribution | 19 |
| fixed cost | 127300 |
| break even point | fixed cost/contribution |
| in units | 127300/19=6700 units |
| in $ | 6700*40=268000 |
b)
| sales | 40 |
| variable cost | 21 |
| contribution | 19 |
| fixed cost | 161500 |
| break even point | fixed cost/contribution |
| in units | 161500/19=8500 units |
| in $ | 8500*40=340000 |
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Q.1
Rooney Corporation produces products that it sells for $18 each.
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Required
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Rooney Corporation produces products that it sells for $18 each.
Variable costs per unit are $9, and annual fixed costs are
$189,900. Rooney desires to earn a profit of $33,300.
Required
Use the equation method to determine the break-even point in
units and dollars.
Determine the sales volume in units and dollars required to earn
the desired profit.
a. Break-even point in units Break-even point in dollars b. Sales volume in units Sales in dollars
Rooney Company incurs annual fixed costs of $101,420. Variable
costs for Rooney’s product are $21.35 per unit, and the sales price
is $35.00 per unit. Rooney desires to earn an annual profit of
$46,000.
Required
Use the per unit contribution margin approach to determine the
sales volume in units and dollars required to earn the desired
profit. (Do not round intermediate calculations. Round your
final answers to the nearest whole number.)
Sales in dollars Sales volume in units
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