Homework Answers
Answer: $113,100
Calculations:
Current sales = 13,000 units x $87 price per unit = $1,131,000
Break-even sales = 11,700 units x $87 price per unit = $1,017,900
Margin of safety in dollars = Current sales - Break-even sales
= $1,131,000 - 1,017,900
= $113,100
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Data concerning Follick Corporation's single product appear below: Selling price per unit Variable expense per unit Fixed expense per month $ 280.00 $ 78.40 $ 158,400 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $220,000 $281,600 $158,400 $440,000
Data concerning Follick Corporation's single product appear below! Selling price per unit Variable expense per unit Fixed expense per month $ 220.00 $ 74.80 $141, 240 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice O $428,000 . $214,000 O $141,240 o $286,760
Data concerning Follick Corporation's single product appear below: Selling price per unit Variable expense per unit Fixed expense per month $ 310.00 $ 77.50 $167,250 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice 0 $223,000 0 $278.750 0 $167.250 0 $446,000
Data concerning Cutshall Enterprises Corporation's single product appear below. Selling price per unit Variable expense per unit Fixed expense per month $ 150.00 $ 90.50 $426.390 The unit sales to attain the company's monthly target profit of $17.000 is closest to: (Do not round your Intermediate calculations.) O 7166 0 2.956 O 4.899 O 7.452
Data concerning Bedwell Enterprises Corporation's single product appear below: Selling price per unit Variable expense per unit Fixed expense per month $ 225.00 $ 98.00 $449,640 The unit sales to attain the company's monthly target profit of $32,000 is closest to: (Do not round intermediate calculations.) Multiple Choice O 3,540 O 2.141 O 4.915 o 3,792
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