Homework Answers
Breakeven=Fixed expenses/Contribution margin
=93400/20
which is equal to
=4670 units
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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 $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
1) 2) 3) 4) 5) When Isaiah Company has fixed costs of $103,530 and the contribution...
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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....
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...
Determining the break-even point and preparing a contribution margin income statement Vezinov Company manufactures portable heaters...
Determining the break-even point and preparing a contribution margin income statement Vezinov Company manufactures portable heaters and sells them for $200 each. According to the company's records, the variable costs, including direct labor and direct materials, are $80. Factory depreciation and other fixed manufacturing costs are $960,000 per year. Vezinov pays its salespeople a commission of $20 per unit. Annual fixed selling and administrative costs are $240,000. Required Determine the break-even point in units and dollars, using each of 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...
Sales Mix and Break-Even Analysis Conley Company has fixed costs of $17,802,000. The unit selling price,...
Sales Mix and Break-Even
Analysis
Conley Company has fixed costs of $17,802,000.
The unit selling price, variable cost per unit, and
contribution margin per unit
for the company’s two products follow:
Product Model
Selling Price
Variable Cost per Unit
Contribution Margin per Unit
Yankee
$180
$99
$81
Zoro
225
135
90
The sales mix for products Yankee and Zoro is 80% and 20%,
respectively. Determine the break-even point in
units of Yankee and Zoro.
1 eBook Show Me How Sales...
1.margin and Break-Even Cost Step out the contribution margin and break-even costs for a unique company....
1.margin and Break-Even Cost Step out the contribution margin and break-even costs for a unique company. Be as realistic as possible and think of reasonable materials costs, unit selling price, variable costs, and fixed costs for the hypothetical business. Describe the company’s projected sales and calculate a margin of safety that is 20%. Finally, calculate how much of the company’s product would need to be sold to make a $10,000 profit in one month.
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....
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....
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...
Determining the break-even point and preparing a contribution margin income statement Vezinov Company manufactures portable heaters and sells them for $200 each. According to the company's records, the variable costs, including direct labor and direct materials, are $80. Factory depreciation and other fixed manufacturing costs are $960,000 per year. Vezinov pays its salespeople a commission of $20 per unit. Annual fixed selling and administrative costs are $240,000. Required Determine the break-even point in units and dollars, using each of 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...
Sales Mix and Break-Even
Analysis
Conley Company has fixed costs of $17,802,000.
The unit selling price, variable cost per unit, and
contribution margin per unit
for the company’s two products follow:
Product Model
Selling Price
Variable Cost per Unit
Contribution Margin per Unit
Yankee
$180
$99
$81
Zoro
225
135
90
The sales mix for products Yankee and Zoro is 80% and 20%,
respectively. Determine the break-even point in
units of Yankee and Zoro.
1 eBook Show Me How Sales...
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....
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