1. Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Werner Company produces and sells disposable foil baking pans to retailers for $2.75 per pan. The variable cost per pan is as follows: Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Werner Company produces and sells disposable foil baking pans to retailers for $2.75 per pan. The variable cost per pan is as follows: Direct materials Direct labor Variable factory overhead Variable selling expense $0.30 0.58 0.74 0.13 Fixed manufacturing cost totals $158,752 per year. Administrative cost (all fixed) totals $21,648. Required: 1. Compute the number of pans that must be sold for Werner to break even. pans 2. Conceptual Connection: What is the unit variable cost? What is the unit variable manufacturing cost? Round your answers to the nearest cent. Unit variable cost Unit variable manufacturing cost Which is used in cost-volume-profit analysis? 3. How many pans must be sold for Werner to earn operating income of $7,400? pans S S 4. How much sales revenue must Werner have to earn operating income of $7,400? S
1. Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Werner Company produces and sells disposable foil baking pans to retailers for $2.75 per pan. The variable cost per pan is as follows: Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Werner Company produces and sells disposable foil baking pans to retailers for $2.75 per pan. The variable cost per pan is as follows: Direct materials Direct labor Variable factory overhead Variable selling expense $0.30 0.58 0.74 0.13 Fixed manufacturing cost totals $158,752 per year. Administrative cost (all fixed) totals $21,648. Required: 1. Compute the number of pans that must be sold for Werner to break even. pans 2. Conceptual Connection: What is the unit variable cost? What is the unit variable manufacturing cost? Round your answers to the nearest cent. Unit variable cost Unit variable manufacturing cost Which is used in cost-volume-profit analysis? 3. How many pans must be sold for Werner to earn operating income of $7,400? pans S S 4. How much sales revenue must Werner have to earn operating income of $7,400? S
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please answer complete question with working,,,,,answer in text form please (without image)
![1. Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income
Werner Company produces and sells disposable foil baking pans to retailers for $2.75 per pan. The variable cost per pan is as follows:
Units Sold to Break Even, Unit Variable Cost, Unit
Manufacturing Cost, Units to Earn Target Income
Werner Company produces and sells disposable
foil baking pans to retailers for $2.75 per pan. The
variable cost per pan is as follows:
Direct materials
Direct labor
Variable factory overhead
Variable selling expense
$0.30
0.58
0.74
0.13
Fixed manufacturing cost totals $158,752 per
year. Administrative cost (all fixed) totals $21,648.
Required:
1. Compute the number of pans that must be
sold for Werner to break even.
pans
2. Conceptual Connection: What is the unit
variable cost? What is the unit variable
manufacturing cost? Round your answers to the
nearest cent.
Unit variable cost
Unit variable manufacturing cost
Which is used in cost-volume-profit analysis?
3. How many pans must be sold for Werner to
earn operating income of $7,400?
pans
S
S
4. How much sales revenue must Werner have to
earn operating income of $7,400?
S](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F43dc20aa-3f46-4b3b-a05b-7bab1ba305a6%2Ff755d8ec-1ad9-412f-9c8f-aad50328d526%2Fsex6nek_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1. Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income
Werner Company produces and sells disposable foil baking pans to retailers for $2.75 per pan. The variable cost per pan is as follows:
Units Sold to Break Even, Unit Variable Cost, Unit
Manufacturing Cost, Units to Earn Target Income
Werner Company produces and sells disposable
foil baking pans to retailers for $2.75 per pan. The
variable cost per pan is as follows:
Direct materials
Direct labor
Variable factory overhead
Variable selling expense
$0.30
0.58
0.74
0.13
Fixed manufacturing cost totals $158,752 per
year. Administrative cost (all fixed) totals $21,648.
Required:
1. Compute the number of pans that must be
sold for Werner to break even.
pans
2. Conceptual Connection: What is the unit
variable cost? What is the unit variable
manufacturing cost? Round your answers to the
nearest cent.
Unit variable cost
Unit variable manufacturing cost
Which is used in cost-volume-profit analysis?
3. How many pans must be sold for Werner to
earn operating income of $7,400?
pans
S
S
4. How much sales revenue must Werner have to
earn operating income of $7,400?
S
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Step 1: Introduce to break even point
VIEWStep 2: Working for unit variable cost and unit variable manufacturing costs
VIEWStep 3: Working for total fixed costs and contribution margin per unit
VIEWStep 4: Working for break even point
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