Narchie sells a single product for $50. Variable costs are 60% of the selling price, and the company has fixed costs that amount to $400,000. Current sales total 16,000 units.
Narchie: ______
A) will break-even by selling 20,000 units.
B) will break-even by selling 13,333 units.
C) will break-even by selling 8,000 units.
D) will break-even by selling 1,000,000 units.
E) cannot break-even because it loses money on every unit sold.
Narchie sells a single product for $50. Variable costs are 60% of the selling price, and...
Maple Enterprises sells a single product with a selling price of $60 and variable costs per unit of $24. The company's monthly fixed expenses are $18,000. A. What is the company's break-even point in units? Break-even units 500 units B. What is the company's break-even point in dollars? Break-even dollars $ 30,000 Feedback C. Construct contribution margin income statement for the month of September when they will sell 1,000 units. Use a minus sign for a net loss if present....
Marlin Motors sells a single product with a selling price of $490 with variable costs per unit of $196. The company's monthly fixed expenses are $52,920. C. Prepare a contribution margin income statement for the month of November when they will sell 140 units. Use a minus sign for a net loss if present. Income Statement Sales $ Variable Costs Contribution Margin $ Fixed Costs Net Loss $ D. How many units will Marlin need to sell in order to...
Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $28. The company's monthly fixed expenses are $25,200. A. What is the company's break-even point in units? Break-even units units B. What is the company's break-even point in dollars? Break-even dollars $ C. Construct a contribution margin income statement for the month of September when they will sell 1,000 units. Use a minus sign for a net loss if present. Income Statement...
Cost-Volume-Profit Analysis Gannon Company sells a single product for $15 per unit. Variable costs are $10 per unit and fixed costs are $180,000 at an operating level of 16,000 to 30,000 units. a. What is Gannon Company's break-even point in units? units b. How many units must be sold to earn $20,000 before income tax? units c. How many units must be sold to earn $30,000 after income tax, assuming a 40% tax rate? units
Abensan Company sells a single product. If both the selling price and variable cost per unit increase by 5% and fixed costs remain steady, then contribution margin per unit and break- even point in units will, respectively, decrease and increase. increase and remain unchanged. decrease and remain unchanged. O increase and decrease.
17) Sally Company sells a single product at a selling price of $32 per unit. Variable expenses are $12 per unit and fixed expenses are $41,400. Sally's break-even point is: 1,380 units 2,300 units 0 2,070 units 6,900 units
Ozark Metal Co. makes a single product that sells for $42 per unit. Variable costs are $27.30 per unit, and fixed costs total $65,415 per month. a. Calculate the number of units that must be sold each month for the firm to break even b. Assume current sales are $272,000. Calculate the margin of safety and the margin of safety ratio. c. Calculate the operating income if 5,000 units are sold in a month. d. Calculate operating income if the...
Paulsen Company sells only one product. The regular selling price is $50. Variable costs are 70% of this selling price, and fixed costs are $7,500 per month Management decides to increase the selling price from $50 to $55 per unit. Assume that the cost of the product and the fixed operating expenses are not changed by this pricing decision. 5 Refer to the above data. At the original selling price of $50 per unit, what is the contribution margin Refer...
Jones Co. manufactures a single product which sells for $60 each and whose variable costs are $40 each. Fixed costs are $600,000 for the year. What is the break-even point in dollars? In units? 1.
Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company's monthly fixed expenses are $22,500. C. Prepare a contribution margin income statement for the month of September when they will sell 900 units. Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company's monthly fixed expenses are $22,500. d. How many units will Maple need to sell in...