Bernoulli's business budget included sales of $350 000 and fixed costs of $52 600. If the total contribution margin for the business was $125 000:
b)What are the sales needed to break even?
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4. Bernoulli's business budget included sales of $350 000 and fixed costs of $52 600. If the total contribution margin for the business was $125 000: b)What are the sales needed to break even?
Bernoulli's business budget included sales of $350 000 and fixed costs of $52 600. If the total contribution margin for the business was $125 000: a) Find the contribution rate as a percentage approximated to nearest 100th. Show your work.
Broken Company's contribution margin ratio is 24%. Total fixed costs are $84,000. What is Broken's break-even point in sales dollars? A) $20,160. B) S110,526. C) $350,000. D) $240,000 E) S84,000.
(10 points) Contribution margin ratio, break-even The following budget figures are provided: Sales Cost of goods sold Gross profit Operating expenses Variable Fixed 340 000 85 000 255 000 68 000 77 000 145 000 110 000 Net profit Required: Calculate: (a) the contribution margin ratio (b) the break-even point in sales dollars. Please writes the answer in the text box and submit your detail work in Excel. (11 points) Budgeted income statements, both methods, no opening inventory Katts Ltd...
1.margin and Break-Even Cost Step out the contribution margin and break-even costs for a unique company. Be as realistic as possible and think of reasonable materials costs, unit selling price, variable costs, and fixed costs for the hypothetical business. Describe the company’s projected sales and calculate a margin of safety that is 20%. Finally, calculate how much of the company’s product would need to be sold to make a $10,000 profit in one month.
Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar Pharmaceuticals, Inc., plans to sell 100,000 units of antibiotic at an average price of $22 each in the coming year. Total variable costs equal $660,000. Total fixed costs equal $7,200,000. Required: 1. What is the contribution margin per unit? Round your answer to the nearest cent. $ What is the contribution margin ratio? Round your answer to two decimal places. (Express as a decimal-based answer rather than a...
Contribution Margin, Break-Even Units, Break-Even Sales, Margin of Safety, Degree of Operating Leverage Aldovar Company produces a variety of chemicals. One division makes reagents for laboratories. The division's projected income statement for the coming year is: Sales (203,000 units @ $70) $14,210,000 Total variable cost 8,120,000 Contribution margin $6,090,000 Total fixed cost 4,945,500 Operating income $1,144,500 Required: 1. Compute the contribution margin per unit, and calculate the break-even point in units. Calculate the contribution margin ratio and use it to...
Contribution Margin, Break-Even Units, Break-Even Sales, Margin of Safety, Degree of Operating Leverage Aldovar Company produces a variety of chemicals. One division makes reagents for laboratories. The division's projected income statement for the coming year is: Sales (203,000 units @ $70) $14,210,000 Total variable cost 8,120,000 Contribution margin $6,090,000 Total fixed cost 4,945,500 Operating income $1,144,500 Required: 1. Compute the contribution margin per unit, and calculate the break-even point in units. Calculate the contribution margin ratio and use it to...
4. Contribution Margin Ratio a. Young Company budgets sales of $1,080,000, fixed costs of $43,700, and variable costs of $194,400. What is the contribution margin ratio for Young Company? _______% b. If the contribution margin ratio for Martinez Company is 63%, sales were $556,000, and fixed costs were $269,720, what was the operating income? $ 5. Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs of $494,400, a unit...
Which of the following is accurate? The break-even point occurs when the total contribution margin equals total fixed costs. The break-even point occurs when the total contribution margin equals total costs. The break-even point occurs when the total contribution margin is zero. The break-even point occurs when the contribution margin per unit is zero. None of the above.
Multiple Choice Question 153 At the break-even point, O contribution margin equals total variable costs. O sales equal total fixed costs. O sales equal total variable costs. O contribution margin equals total fixed costs. Click if you would like to Show Work for this question: Open Show Work! Question Atte bice hoice Type here to search