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1. Calculate the break even number of units if the fixed expenses are $7,000 and the contribution margin is $14 per 10 unit. 2. Calculate the break even sales dollars if the fixed 11 expenses are $7,000 and the contribution ratio is 40%. 3. Calculate the break even number of units with a target profit of $120,000 if the fixed expenses are $15,000 and the 12 contribution margin is $60 per unit. 13 14 Insert your answer. Insert your answer. Insert your answer.

1. Calculate the break even number of units if the fixed expenses are $7,000 and the contribution margin is $14 per 10 unit. 2. Calculate the break even sales dollars if the fixed 11 expenses are $7,000 and the contribution ratio is 40%. 3. Calculate the break even number of units with a target profit of $120,000 if the fixed expenses are $15,000 and the 12 contribution margin is $60 per unit. 13 14 Insert your answer. Insert your answer. Insert your answer.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A10 1 2 3 4 Complete the following 3 Wk 3 Financial Exercises: Problem Set 2, Part 2 problems using the following ratios: 5 6 Sales level at which operating income is zero 0 If sales above breakeven, then profit If sales below breakeven, then loss O Total sales = total expenses Break Even Point: Unit Sold = Fixed expenses + Operating 7 Income / Contribution Margin per unit Break Even Point: Sales $ = Fixed expenses + Operating 8 Income / Contribution Margin Ratio 9 Problem 14 O 1. Calculate the break even number of units if the fixed expenses are $7,000 and the contribution margin is $14 per 10 unit. 2. Calculate the break even sales dollars if the fixed 11 expenses are $7,000 and the contribution ratio is 40%. 3. Calculate the break even number of units with a target profit of $120,000 if the fixed expenses are $15,000 and the 12 contribution margin is $60 per unit. 13 15 K 16 esc 17 X✓ fx 1. Calculate the break even number of units if the fixed expenses are $7,000 and the contr A B C 18 Fixed expenses = total contribution margin 19 Ready f1 Index Wk 3 - Set 1, Part 2 Wk 3 - Set 2, Part 1 Accessibility: Investigate 46°F Heavy rain ? f2 2 f3 3 €0 ***** III $ 4 f5 Answer Insert your answer. Insert your answer. Insert your answer. % Wk 3 - Set 2, Part 2 Wk 3 Set 2, Part 3 5 16 - ^ 6 f7 O Search 4+ fg 7 * fg + 8 Te KAA f10 ( A 9
Transcribed Image Text:A10 1 2 3 4 Complete the following 3 Wk 3 Financial Exercises: Problem Set 2, Part 2 problems using the following ratios: 5 6 Sales level at which operating income is zero 0 If sales above breakeven, then profit If sales below breakeven, then loss O Total sales = total expenses Break Even Point: Unit Sold = Fixed expenses + Operating 7 Income / Contribution Margin per unit Break Even Point: Sales $ = Fixed expenses + Operating 8 Income / Contribution Margin Ratio 9 Problem 14 O 1. Calculate the break even number of units if the fixed expenses are $7,000 and the contribution margin is $14 per 10 unit. 2. Calculate the break even sales dollars if the fixed 11 expenses are $7,000 and the contribution ratio is 40%. 3. Calculate the break even number of units with a target profit of $120,000 if the fixed expenses are $15,000 and the 12 contribution margin is $60 per unit. 13 15 K 16 esc 17 X✓ fx 1. Calculate the break even number of units if the fixed expenses are $7,000 and the contr A B C 18 Fixed expenses = total contribution margin 19 Ready f1 Index Wk 3 - Set 1, Part 2 Wk 3 - Set 2, Part 1 Accessibility: Investigate 46°F Heavy rain ? f2 2 f3 3 €0 ***** III $ 4 f5 Answer Insert your answer. Insert your answer. Insert your answer. % Wk 3 - Set 2, Part 2 Wk 3 Set 2, Part 3 5 16 - ^ 6 f7 O Search 4+ fg 7 * fg + 8 Te KAA f10 ( A 9
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