When Isaiah Company has fixed costs of $103,320 and the contribution margin is $21, the break-even...
When Isaiah Company has fixed costs of $103,320 and the contribution margin is $21, the break-even point is
a. 4,920 units
b. 12,370 units
c. 9,840 units
d. 5,890 units
Homework Answers
To calculate the break-even point, we use the formula:
Break-even point (in units) = Fixed costs / Contribution margin per unit
Given that the fixed costs are $103,320 and the contribution margin per unit is $21, we can plug these values into the formula to find the break-even point:
Break-even point (in units) = $103,320 / $21 Break-even point (in units) ≈ 4923.81
Since you cannot have a fraction of a unit, we need to round up to the nearest whole number. Therefore, the break-even point is approximately 4924 units.
Among the given options, the closest answer is:
a. 4,920 units
So, the correct answer is (a) 4,920 units.
Add Answer to:
When Isaiah Company has fixed costs of $103,320 and the
contribution margin is $21, the break-even...
When Isaiah Company has fixed costs of $93,400 and the contribution margin is $20, the break-even...
When Isaiah Company has fixed costs of $93,400 and the contribution margin is $20, the break-even point is Ca. 5,350 units b. 4,670 units C. 9,340 units d. 14,540 units
1) 2) 3) 4) 5) When Isaiah Company has fixed costs of $103,530 and the contribution...
1)
2)
3)
4)
5)
When Isaiah Company has fixed costs of $103,530 and the contribution margin is $21, the break-even point is Oa. 5,700 units Ob. 12,420 units Oc.9,860 units Od. 4,930 units Variable costs as a percentage of sales for Lemon Inc. are 80%, current sales are $600,000, and fixed costs are $130,000. How much will operating income change if sales increase by $40,000? Oa. $8,000 decrease Ob. $30,000 decrease Oc. $30,000 increase Od. $8,000 increase Zipee Inc....
QS 21-6 Contribution margin per unit and break-even units LO P2 SBD Phone Company sells its...
QS 21-6 Contribution margin per unit and break-even units LO P2 SBD Phone Company sells its waterproof phone case for $95 per unit. Fixed costs total $193,800, and variable costs are $38 per unit. (1) Determine the contribution margin per unit. per unit per unit Contribution margin per unit (2) Determine the break-even point in units. Choose Numerator: 1 Choose Denominator: Break Even Units Break even units 1
Exercise 18-9 Contribution margin and break-even P2 Blanchard Company manufactures a single product that sells for...
Exercise 18-9 Contribution margin and break-even P2 Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. The company's annual fixed costs are $562,500. Use this information to compute the company's (a) contribution margin, (b) contribution margin ratio, (c) break-even point in units, and (d) break-even point in dollars of sales.
Problem 3-17A (Algo) Determining the break-even point and preparing a contribution margin income statement LO 3-1...
Problem 3-17A (Algo) Determining the break-even point and preparing a contribution margin income statement LO 3-1 Ritchie Manufacturing Company makes a product that it sells for $130 per unit. The company incurs variable manufacturing costs of $66 per unit. Variable selling expenses are $12 per unit, annual fixed manufacturing costs are $450,000, and fixed selling and administrative costs are $226,000 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the...
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells...
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells for $205 per unit and whose total variable costs are $164 per unit. The company's annual fixed costs are $553,500. (a) Compute the company's contribution margin per unit. Contribution margin (b) Compute the company's contribution margin ratio. Contribution Margin Ratio Choose Numerator: / Choose Denominator: Contribution margin ratio 0 (c) Compute the company's break-even point in units. Choose Numerator: Choose Denominator: Break-Even Units /...
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells...
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells for $140 per unit and whose total variable costs are $105 per unit. The company's annual fixed costs are $563,500. (a) Compute the company's contribution margin per unit Contribution margin (b) Compute the company's contribution margin ratio. Choose Numerator: Choose Denominator: - Contribution Margin Ratio Contribution margin ratio (c) Compute the company's break-even point in units Choose Numerator: Choose Denominator: Break-Even Units Break even...
Exercise 18-9 Contribution margin and break-even LO P2 10 Blanchard Company manufactures a single product that...
Exercise 18-9 Contribution margin and break-even LO P2 10 Blanchard Company manufactures a single product that sells for $185 per unit and whose total variable costs are $148 per unit. The company's annual fixed costs are $469,900. points Skipped (a) Compute the company's contribution margin per unit. eBook Hint Print Contribution margin (b) Compute the company's contribution margin ratio. Choose Numerator: T References Choose Denominator = Contribution Margin Ratio Contribution margin ratio (c) Compute the company's break-even point in units....
Which of the following is accurate? The break-even point occurs when the total contribution margin equals...
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.
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells...
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells for $185 per unit and whose total variable costs are $148 per unit. The company's annual fixed costs are $469.900 () Compute the company's contribution margin per unit Contribution margin (b) Compute the company's contribution margin ratio Choose Numerator: - Contribution Margin Ratio Contribution margin ratio 1) Compute the company's break even point in units Choose Numerator Choose Denominato Break Even Units Break-even units...
When Isaiah Company has fixed costs of $93,400 and the contribution margin is $20, the break-even point is Ca. 5,350 units b. 4,670 units C. 9,340 units d. 14,540 units
1)
2)
3)
4)
5)
When Isaiah Company has fixed costs of $103,530 and the contribution margin is $21, the break-even point is Oa. 5,700 units Ob. 12,420 units Oc.9,860 units Od. 4,930 units Variable costs as a percentage of sales for Lemon Inc. are 80%, current sales are $600,000, and fixed costs are $130,000. How much will operating income change if sales increase by $40,000? Oa. $8,000 decrease Ob. $30,000 decrease Oc. $30,000 increase Od. $8,000 increase Zipee Inc....
QS 21-6 Contribution margin per unit and break-even units LO P2 SBD Phone Company sells its waterproof phone case for $95 per unit. Fixed costs total $193,800, and variable costs are $38 per unit. (1) Determine the contribution margin per unit. per unit per unit Contribution margin per unit (2) Determine the break-even point in units. Choose Numerator: 1 Choose Denominator: Break Even Units Break even units 1
Exercise 18-9 Contribution margin and break-even P2 Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. The company's annual fixed costs are $562,500. Use this information to compute the company's (a) contribution margin, (b) contribution margin ratio, (c) break-even point in units, and (d) break-even point in dollars of sales.
Problem 3-17A (Algo) Determining the break-even point and preparing a contribution margin income statement LO 3-1 Ritchie Manufacturing Company makes a product that it sells for $130 per unit. The company incurs variable manufacturing costs of $66 per unit. Variable selling expenses are $12 per unit, annual fixed manufacturing costs are $450,000, and fixed selling and administrative costs are $226,000 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the...
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells for $205 per unit and whose total variable costs are $164 per unit. The company's annual fixed costs are $553,500. (a) Compute the company's contribution margin per unit. Contribution margin (b) Compute the company's contribution margin ratio. Contribution Margin Ratio Choose Numerator: / Choose Denominator: Contribution margin ratio 0 (c) Compute the company's break-even point in units. Choose Numerator: Choose Denominator: Break-Even Units /...
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells for $140 per unit and whose total variable costs are $105 per unit. The company's annual fixed costs are $563,500. (a) Compute the company's contribution margin per unit Contribution margin (b) Compute the company's contribution margin ratio. Choose Numerator: Choose Denominator: - Contribution Margin Ratio Contribution margin ratio (c) Compute the company's break-even point in units Choose Numerator: Choose Denominator: Break-Even Units Break even...
Exercise 18-9 Contribution margin and break-even LO P2 10 Blanchard Company manufactures a single product that sells for $185 per unit and whose total variable costs are $148 per unit. The company's annual fixed costs are $469,900. points Skipped (a) Compute the company's contribution margin per unit. eBook Hint Print Contribution margin (b) Compute the company's contribution margin ratio. Choose Numerator: T References Choose Denominator = Contribution Margin Ratio Contribution margin ratio (c) Compute the company's break-even point in units....
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.
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells for $185 per unit and whose total variable costs are $148 per unit. The company's annual fixed costs are $469.900 () Compute the company's contribution margin per unit Contribution margin (b) Compute the company's contribution margin ratio Choose Numerator: - Contribution Margin Ratio Contribution margin ratio 1) Compute the company's break even point in units Choose Numerator Choose Denominato Break Even Units Break-even units...
Most questions answered within 3 hours.
-
Wildhorse Company follows the practice of pricing its inventory
at the lower-of-cost-or-market, on an individual-item
basis....
asked 34 minutes ago -
3. (10 pts) You grow a corn crop that yields 150 bushels ac-1,
with the following...
asked 22 minutes ago -
7. The term Six Sigma refers to:
Select one:
a. The control limits established in a...
asked 32 minutes ago -
For the following reaction: A(g) + 2 B(g) ⇌ 2 C(g) Calculate the
equilibrium constant K...
asked 34 minutes ago -
Which of the following best describes tidal volume? options:
1.The amount of oxygen in the air...
asked 50 minutes ago -
1. Smaller cost distortions occur when the traditional systems'
single indirect-cost rate and the activity-cost-driver rates:...
asked 58 minutes ago -
Using either a FMECA approach or some other appropriate RCA
tool, identify five risk treatment actions...
asked 59 minutes ago -
If for a test the P-value is between 0.0025 and 0.005, what
conclusion can you draw?...
asked 1 hour ago -
Using Python. Write a function clean2(aList) that takes a list
of integers aList as argument, and...
asked 1 hour ago -
Intrapreneurship is defined as the
development of an enterprise culture with an existing (Nandan,
2009). An...
asked 1 hour ago -
QUESTION 1 Tamiflu is a drug used to treat influenza. A study
found that Tamiflu reduced...
asked 1 hour ago -
Which of the following would be less likely to be used to
allocate factory overhead when...
asked 1 hour ago