Wimpy Inc. produces and sells a single product.The selling price of the product is $ 150.00...
Wimpy Inc. produces and sells a single product.The selling price of the product is $ 150.00 per unit and its variable cost is $ 60,00 per unit. The fixed expense is $340,560 per month. The break-even in monthly dollar sales is closest to:
a.)$ 861,400
b.) $ 510.80
c.) $ 567.600
d.) $340.560
Homework Answers
Wimpy Inc
Selling price = $ 150
Variable cost = $ 60
Contribution = Selling price - Variable cost
= $ 150 - $ 60 = $ 90
Contribution margin ratio = Contribution / Sales
= $ 90 / $ 150 = 60%
Fixed cost = $ 340,560
Break even sales in dollars = Fixed cost / Contribution margin ratio
= $ 340,560/60% = $ 567,600 per month
Hence, Option "C" is correct
Add Answer to:
Wimpy Inc. produces and sells a single product.The selling price
of the product is $ 150.00...
Wimpy Inc. produces and sells a single product. The selling price of the product is $195.00...
Wimpy Inc. produces and sells a single product. The selling price of the product is $195.00 per unit and its variable cost is $78.00 per unit. The fixed expense is $348,660 per month. The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.)
Wimpy Inc. produces and sells a single product. The selling price of the product is $210.00...
Wimpy Inc. produces and sells a single product. The selling price of the product is $210.00 per unit and its variable cost is $67.20 per unit. The fixed expense is $398,208 per month. The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $585,600 $1,244,400 $846,192 0 $398,208
Wimpy Inc. produces and sells a single product. The selling price of the product is $230.00...
Wimpy Inc. produces and sells a single product. The selling price of the product is $230.00 per unit and its variable cost is $78.20 per unit. The fixed expense is $390,456 per month. E The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.). Multiple Choice Ο $757,944 Ο $390,456 Ο $1,148,400 Ο $591,600
Gredvig, Inc. produces and sells a single product. Data concerning that product appear below Selling price...
Gredvig, Inc. produces and sells a single product. Data concerning that product appear below Selling price per unit$ 130.00 Variable expense per unit$ 41.60 Fixed expense per month$ 109,616 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) $109,616 $161,200 $342,550 $204,455
Preyer Corporation produces and sells a single product. Data concerning that product appear below. Selling price...
Preyer Corporation produces and sells a single product. Data concerning that product appear below. Selling price per unit Variable expense per unit Fixed expense per month $ 62.40 $ 472,342 The break-even in monthly dollar sales is close O $1,816.700 O $492,407 O $638,300 O $1153.501
Malensek International, Inc., produces and sells a single product. The product sells for $240.00 per unit...
Malensek International, Inc., produces and sells a single product. The product sells for $240.00 per unit and its variable expense is $55.20 per unit. The company's monthly fixed expense is $249,480. Required: Determine the monthly break-even in total dollar sales.
Griggs Company produces a single product with a current selling price of $170. Variable costs are...
Griggs Company produces a single product with a current selling price of $170. Variable costs are $130 per unit, and fixed costs per month average $6,240. Management is considering increasing the selling price to a proposed $190 per unit. Assume that the variable cost per unit of the product and monthly fixed expenses will not change as a result of the proposed increase in selling price. Hint: Treat each situation (current and proposed price) as separate potential scenarios when evaluating...
Griggs Company produces a single product with a current selling price of $170. Variable costs are...
Griggs Company produces a single product with a current selling price of $170. Variable costs are $130 per unit, and fixed costs per month average $6,240. Management is considering increasing the selling price to a proposed $190 per unit. Assume that the variable cost per unit of the product and monthly fixed expenses will not change as a result of the proposed increase in selling price. Hint: Treat each situation (current and proposed price) as separate potential scenarios when evaluating...
Brihon Corporation produces and sells a single product. Data concerning that product appear below: Selling price...
Brihon Corporation produces and sells a single product. Data concerning that product appear below: Selling price per unit Variable expense per unit Fixed expense per month $ 230.00 $ 103.50 $518,650 Required: a. Assume the company's monthly target profit is $12,650. Determine the unit sales to attain that target profit. b. Assume the company's monthly target profit is $63,250. Determine the dollar sales to attain that target profit.
Preyer Corporation produces and sells a single product. Data concerning that product appear below: Selling price...
Preyer Corporation produces and sells a single product. Data concerning that product appear below: Selling price per unit $ 250 Variable expense per unit $ 47.50 Fixed expense per month $ 506,493 The break-even in monthly dollar sales is closest to: Noreen 4e Recheck 2017-16-03 $2,665,753 $492,407 $625,300 $1,153,501 Tribley Inc. has an operating leverage of 5.2. If the company's sales increase by 10%, its net operating income should increase by about: 40.4% 52.0% 1.9% 10.0% Closser Corporation produces and...
Wimpy Inc. produces and sells a single product. The selling price of the product is $210.00 per unit and its variable cost is $67.20 per unit. The fixed expense is $398,208 per month. The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $585,600 $1,244,400 $846,192 0 $398,208
Wimpy Inc. produces and sells a single product. The selling price of the product is $230.00 per unit and its variable cost is $78.20 per unit. The fixed expense is $390,456 per month. E The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.). Multiple Choice Ο $757,944 Ο $390,456 Ο $1,148,400 Ο $591,600
Preyer Corporation produces and sells a single product. Data concerning that product appear below. Selling price per unit Variable expense per unit Fixed expense per month $ 62.40 $ 472,342 The break-even in monthly dollar sales is close O $1,816.700 O $492,407 O $638,300 O $1153.501
Malensek International, Inc., produces and sells a single product. The product sells for $240.00 per unit and its variable expense is $55.20 per unit. The company's monthly fixed expense is $249,480. Required: Determine the monthly break-even in total dollar sales.
Brihon Corporation produces and sells a single product. Data concerning that product appear below: Selling price per unit Variable expense per unit Fixed expense per month $ 230.00 $ 103.50 $518,650 Required: a. Assume the company's monthly target profit is $12,650. Determine the unit sales to attain that target profit. b. Assume the company's monthly target profit is $63,250. Determine the dollar sales to attain that target profit.
Most questions answered within 3 hours.
-
What Volume (in mL) of KBr solution must be taken so it will
contain 2.83x10^-5 moles...
asked 11 minutes ago -
Dr Johnson invests $9,000 at the rate of 6% annual interest
compounded semi annually for 4...
asked 12 minutes ago -
The contribution format income statement for Huerra Company for
last year is given below:
Total
Unit...
asked 20 minutes ago -
How do I write a program in MIPs assembly that will take 2 words
from the...
asked 20 minutes ago -
two identical cars approach an intersection, one is traveling east
at 18n/s. the second is traveling...
asked 26 minutes ago -
When an X-ray beam with a wavelength of 133 pm is incident on
the surface to...
asked 35 minutes ago -
Compare and contrast the internal and external organization of
Congress and the President.
"2 paragraph"
asked 43 minutes ago -
Suppose that the average waiting time for a patient at a
physician's office is just over...
asked 1 hour ago -
C++
Can somebody help me with this
2 integer right triangles
There are right-angled triangles (i.e.,...
asked 58 minutes ago -
A researcher at Lund University is interested in studying the
biological role of a so-called type...
asked 1 hour ago -
Consider where you currently work, where you have previously
worked, or a well-known company where you...
asked 1 hour ago -
For college physics discussion post. Be sure to have
examples.
Respond to the following:
Explain conservation...
asked 1 hour ago