Correct answer is option e.22,000 units
Calculation of requires sales in unit for target profit of $40,000
Required unit to be sold = [ Fixed cost + Target profit ] / Contribution per unit
=[400,000+40,000] / 60-40
=440,000/20
=22,000 units
A company provided the following data: Selling price per unit Variable cost per unit Total fixed...
A company provided the following data: Selling price per unit Variable cost per unit Total fixed costs 60,000 What is the break-even point in units? O 2.000 O 1,000 O 4.000 5,000 O 3,000
2. Data: Selling price = $50, variable cost per unit = $30, total fixed costs = $400,000, and target profit = $100,000. a. Calculate the breakeven point in units using the equation method. b. Calculate the breakeven point in units using the formula method. c. Calculate the sales in units needed to earn the target profit. d. Calculate the total sales dollars needed to earn the target profit. Show all calculations,
Lamar has the following data: Selling price Variable manufacturing cost Fixed manufacturing cost Variable selling & administrative costs $ Fixed selling & administrative costs 40 22 -6 $168, 000 per month $138, 000 per month How many units must Lamar produce and sell in order to achieve a profit of $48,000 per month? Multiple Choice 19,500 units. 22,000 units. < Prev 8 of 31 Next > %24
3) Saints Industries has fixed costs of $800,000. Selling price per unit is $340, and variable cost per unit is $140. Determine: A) How many units must Saints sell in order to break even? B) How many units must Saints sell in order to earn a profit of $500,000?) If they were to add a new event that would cost $6,800, how many more units must be sold to cover the cost?
If selling price per unit is $45 variable costs per unit are 525 total fixed costs are $20,000, the tax rate is 40% and the company sells 8,000 units, net income is O A 591,200 O B. $.000 OC. $79200 OD. $132000
Answer these questions below: 1. Given these facts Selling Price $10 Variable Cost per Unit $5 Fixed Costs $200,000 Desired Profit $100,000 How many units have to be sold to reach the desired profit of $100,000? A. 20,000 B. 40,000 C. 60,000 D. 80,000 2. Fixed and Variable Cost per unit move or behave in the same way with changes in activity A. True B. False Abd
Polk Company developed the following information for its product: Per unit Sales Price $90 Variable cost 63 Contribution Margin $27 Total Fixed cost $1,080,000 Instructions Answer the following independent questions and show computations using the contribution margin technique to support your answers. 1. How many units must be sold to break even? 2. What is the total sales that must be generated for the company to earn a profit of $60,000? 3. If the company is presently selling 45,000 units,...
Q3. You are given the following information: Selling price per unit Variable cost per unit Fixed cost $ 200 $ 80 $ 12000 You are required to find how many units must be sold by the company to achieve break-even using the income statement approach. АЗ.
Engineering Economics A manufacturing company is producing a product with variable cost of $6/unit, fixed costs of $70,000, and selling price of $13/unit. a. How many units should the company produce and how much must the sales be to break-even? b. Compute the Marginal Contribution Rate for this line of production. c. The manager demanded $100,000 profit, how many units must the company produce to reach the manager's goal if the variable cost per unit remains $6 and the price...
Helium Company has the following information available: Selling price per unit $5.00 Variable cost per unit $3.50 Total fixed costs $90,000.00 Targeted net income $30,000.00 How many units must be sold to achieve the targeted net income? 80,000 units 27,000 units 45,000 units 10,000 units *Please show work