During FY 2016, Bravo Company sold 16,000 units for $84,000. Bravo had $2.75 variable costs per unit sold. Bravo also reported $28,000 of fixed costs. Use this information to determine FY 2016:
1. Contribution Margin per unit
2. Breakeven in Units
3. Breakeven in Total Sales
(Round any total dollar value to the nearest whole dollar & enter as whole dollars only. Round any unit dollar value to the nearest penny & enter with both dollar(s) & cents. Round any unit non-dollar decimal numbers to the next higher whole number and enter as a whole number.)
During FY 2016, Bravo Company sold 16,000 units for $84,000. Bravo had $2.75 variable costs per unit...
During FY 2019, Dorchester Company plans to sell Widgets for $13 a unit. Current variable costs are $4 a unit and fixed costs are expected to total of $144,000. Use this information to determine the dollar value of sales for Dorchester to breakeven. (Round to the nearest whole dollar)
Contribution Margin Willie Company sells 25,000 units at $26 per unit. Variable costs are $18.20 per unit, and fixed costs are $66,300. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations $ Part 2 The manufacturing costs of Ackerman Industries for the first three months of the...
During FY 2018, Adelphi Company reported sales of $400,000, a contribution margin of $9.00 per unit, fixed costs of $50,000, and net income of $35,000. Use this information to determine the number of units Adelphi sold during FY 2018. (Round answer to nearest whole number)
Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Werner Company produces and sells disposable foil baking pans to retailers for $2.75 per pan. The variable cost per pan is as follows: Direct materials Direct labor $0.37 0.63 Variable factory overhead Variable selling expense 0.53 0.12 Fixed manufacturing cost totals $111,425 per year. Administrative cost (all foxed) totals $48,350. Unless otherwise instructed, round all total doilar figures (eg. sales, total contribution-margin) to the...
Willie Company sells 32,000 units at $22 per unit. Variable costs are $13.86 per unit, and fixed costs are $153,700. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations $
Sally Company sells 29,000 units at $31 per unit. Variable costs
are $20.15 per unit, and fixed costs are $132,200.
Determine (a) the contribution margin ratio, (b) the unit
contribution margin, and (c) income from operations.
a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) C. Income from operations per unit
Harry Company sells 40,000 units at $33 per unit. Variable costs are $22.77 per unit, and fixed costs are $241,400. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations $
Willie Company sells 32,000 units at $25 per unit. Variable costs are $14.25 per unit, and fixed costs are $175,400. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations
Willie Company sells 33,000 units at $40 per unit. Variable costs are $24.4 per unit, and fixed costs are $257,400. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations $
Contribution Margin Harry Company sells 28,000 units at $23 per unit. Variable costs are $19.32 per unit, and fixed costs are $47,400. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) 16 V per unit 3.68 b. Unit contribution margin (Round to the nearest cent.) c. Income from operations Feedback V Check My Work a. Unit contribution margin divided by unit sales price equals...