1. A company sells a product which has a unit sales price of $5, unit variable cost of $3 and total fixed costs of $180,000. The number of units the company must sell to breakeven is: 2. At the breakeven point of 2,000 units, variable costs are $110,000, and fixed costs are $64,000. How much is the selling price per unit? 3. A company has total fixed costs of $160,000 and a contribution margin ratio of 20%. The total sales necessary to breakeven are: 4. XYZ Company manufactures GPS. The selling price of each GPS is $150, variable cost $24, and fixed costs are $1,635,000. Calculate the following: a) contribution margin b) breakeven point in units
1. A company sells a product which has a unit sales price of $5, unit variable cost of $3 and total fixed costs of $180,000. The number of units the company must sell to breakeven is: 2. At the breakeven point of 2,000 units, variable costs are $110,000, and fixed costs are $64,000. How much is the selling price per unit? 3. A company has total fixed costs of $160,000 and a contribution margin ratio of 20%. The total sales necessary to breakeven are: 4. XYZ Company manufactures GPS. The selling price of each GPS is $150, variable cost $24, and fixed costs are $1,635,000. Calculate the following: a) contribution margin b) breakeven point in units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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1. A company sells a product which has a unit sales price of $5, unit variable cost
of $3 and total fixed costs of $180,000. The number of units the company must sell
to breakeven is:
2. At the breakeven point of 2,000 units, variable costs are $110,000, and fixed
costs are $64,000. How much is the selling price per unit?
3. A company has total fixed costs of $160,000 and a contribution margin ratio of
20%. The total sales necessary to breakeven are:
4. XYZ Company manufactures GPS. The selling price of each GPS is $150,
variable cost $24, and fixed costs are $1,635,000. Calculate the following:
a) contribution margin
b) breakeven point in units
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