Homework Answers
Add Answer to:
The break-even point of a simple profit model represents a(n) decision variable constant uncontrollable variable parameter....
In a break-even point model, if the decision is to produce less than the break-even amount,...
In a break-even point model, if the decision is to produce less than the break-even amount, there will be a profit. True False
Which statement about the break-even point is false: Multiple Choice The break-even point is where sales...
Which statement about the break-even point is false: Multiple Choice The break-even point is where sales are equal to variable costs. The break-even point can be expressed in both units sold and in sales dollars. The break-even point is where contribution margin is equal to fixed costs. O O The break-even point is the level of sales at which point profit is zero.
1. Break-Even Point Radison Inc. sells a product for $97 per unit. The variable cost is...
1. Break-Even Point Radison Inc. sells a product for $97 per unit. The variable cost is $52 per unit, while fixed costs are $516,375. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $103 per unit. a. Break-even point in sales units ? units b. Break-even point if the selling price were increased to $103 per unit ? units 2. Outdoors Company sells a product for $150 per...
e break-even point will decrease. B. The break-even point will l break-even point will remain constant....
e break-even point will decrease. B. The break-even point will l break-even point will remain constant. Il other things held constant, how will an increase lll The effect on the break-even point can't be predicted with certainty. 4. Fixed costs: A. Fall as sales volume falls. C. Rise as sales volume falls. B. Rise as sales volume rises. D. Remain steady when sales volume changes. 5. Variable costs would include: A. Rent expense B. Depreciation expense-straight line. C. Sales commission...
All of the following are assumptions required to perform break-even and target profit calculations except: Group...
All of the following are assumptions required to perform break-even and target profit calculations except: Group of answer choices Costs can be separated into fixed and variable components. Contribution margin ratio remains constant for each product, segment, or department. Break-even points can only be calculated for single product companies. Sales mix remains constant with changes in sales volume. None of the answer choices is correct.
Break-Even and Target Profit Analysis
Super Sales Company is the exclusive distributor for a revolutionary bookbag. The product sells for $60 per unit and has a CM ratio of 40%. The company's fixedexpenses are $360,000 per year. The company plans to sell 17,000 bookbags this year.1. What are the variable expenses per unit?2. Using the equation method:a. What is the break-even point in units and in sales dollars?b. What sales level in units and in sales dollars is required to earn an annual profit of...
1) At the break even point of 400 units, variable cost were $400 and fixed costs...
1) At the break even point of 400 units, variable cost were $400 and fixed costs were $200. how much will the 401st unit sold contribute to operating profit before income taxes? 2) Break even would not change if : a) sales price increases, b) fixed cost decrease, c) sales volume decrease, d) variable cost per unit increase 3) what is break even point in dollars? sales price: $100, variable cost per unit: $40, total fixed cost :$ 120,000 4)...
EXERCISES: Set A (continued) 30. Break-Even Point and Target Profit Measured in Units (Multiple Products a....
EXERCISES: Set A (continued) 30. Break-Even Point and Target Profit Measured in Units (Multiple Products a. Start by calculating the contribution margin for each product Sweater contribution margin- Jacket contribution margin- per unit per unit Then, calculate the weighted average contribution margin per unit: Weighted average contribution margin per unit = ) + ( b. The break-even point in units is calculated as: c. Break-even point in units for each product is: Sweater Jacket Total units (= units (= units...
Break-Even Point and Target Profit Measured in Units (Single Product). Nellie Company has monthly fixed costs...
Break-Even Point and Target Profit Measured in Units (Single Product). Nellie Company has monthly fixed costs totaling S100,000 and variable costs of $20 per unit. Each unit of product is sold for $25. Required: Calculate the contribution margin per unit Find the break-even point in units. How many units must be sold to earn a monthly profit of $40,000?
The Atlantic Company sells a product with a break-even point of 6,195 sales units. The variable...
The Atlantic Company sells a product with a break-even point of 6,195 sales units. The variable cost is $86 per unit, and forced costs are $297,360. Determine the unit sales price. Round answer to nearest whole number. Determine the break-even points in sales units if the company desires a target profit of $66,864. Round answer to the nearest whole number units
Which statement about the break-even point is false: Multiple Choice The break-even point is where sales are equal to variable costs. The break-even point can be expressed in both units sold and in sales dollars. The break-even point is where contribution margin is equal to fixed costs. O O The break-even point is the level of sales at which point profit is zero.
e break-even point will decrease. B. The break-even point will l break-even point will remain constant. Il other things held constant, how will an increase lll The effect on the break-even point can't be predicted with certainty. 4. Fixed costs: A. Fall as sales volume falls. C. Rise as sales volume falls. B. Rise as sales volume rises. D. Remain steady when sales volume changes. 5. Variable costs would include: A. Rent expense B. Depreciation expense-straight line. C. Sales commission...
EXERCISES: Set A (continued) 30. Break-Even Point and Target Profit Measured in Units (Multiple Products a. Start by calculating the contribution margin for each product Sweater contribution margin- Jacket contribution margin- per unit per unit Then, calculate the weighted average contribution margin per unit: Weighted average contribution margin per unit = ) + ( b. The break-even point in units is calculated as: c. Break-even point in units for each product is: Sweater Jacket Total units (= units (= units...
Break-Even Point and Target Profit Measured in Units (Single Product). Nellie Company has monthly fixed costs totaling S100,000 and variable costs of $20 per unit. Each unit of product is sold for $25. Required: Calculate the contribution margin per unit Find the break-even point in units. How many units must be sold to earn a monthly profit of $40,000?
The Atlantic Company sells a product with a break-even point of 6,195 sales units. The variable cost is $86 per unit, and forced costs are $297,360. Determine the unit sales price. Round answer to nearest whole number. Determine the break-even points in sales units if the company desires a target profit of $66,864. Round answer to the nearest whole number units
Most questions answered within 3 hours.
-
The table below represents the number of republicans, democrats
and independent voting on a specific issue....
asked 1 minute ago -
List and compare different forms of passive transport and active
transport.
asked 9 minutes ago -
In Netherland Dwarf rabbits, dwarf size is determined by allele
N, and normal-size by allele n....
asked 15 minutes ago -
During Heaton Company’s first two years of operations, it
reported absorption costing net operating income as...
asked 29 minutes ago -
Consider testing the
hypotheses:
H0: p = 0.56
H1: p > 0.56
where p is
the...
asked 33 minutes ago -
In a two-factor analysis of variance a main effect is defined as
____.
a. the unique...
asked 40 minutes ago -
A bank's loan officer rates applicants for credit. The ratings
are normally distributed with a mean...
asked 41 minutes ago -
Fill in the following information for Adipic Acid: molecular
weight, g or ml, mole, melting point,...
asked 46 minutes ago -
how
to use a for loop to iterate over the string below and print each
character...
asked 48 minutes ago -
Please type answer, Thanks.
Respond to the following in a minimum of 175
words:
Research industry...
asked 47 minutes ago -
Assume that all interest rates in the economy increase from 9
percent to 10 percent. Which...
asked 57 minutes ago -
Describe the function of a Change Control Board.
When calculating Planned Value (PV), what is the...
asked 1 hour ago