what is the break even point in units and the break even point in sales dollars? (62)Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to 0 decimalplaces, e.g. 1,225.)(1) Break-even point(2)Break-even point $units Sheridan Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers. For the year 2022, management estimates the following revenues and costs.SalesDirect materialsDirect laborManufacturing overhead-variableManufacturing overhead-fixed$2,000,000480,000330,000350,000280,000Selling expenses-variableSelling expenses-fixedAdministrative expenses-variableAdministrative expenses-fixed$212,00050,00028,00090,000

BREAKEVEN POINTBreak Even means the volume of production or sales where there is no profit or…

Answered: (62) Compute the break-even point in…

(62) Compute the break-even point in (1) sales units and (2) sales dollars. (Round answers to 0 decimal places, e.g. 1,225.) (1) Break-even point (2) Break-even point $ units

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter20: Inventory Management: Economic Order Quantity, Jit, And The Theory Of Constraints

Section: Chapter Questions

Problem 7E: Ottis, Inc., uses 640,000 plastic housing units each year in its production of paper shredders. The...

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Oriole Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2022, the company incurred the following costs. Variable Costs per Unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses Fixed Costs per Year Fixed manufacturing overhead Fixed selling and administrative expenses $9.90 $4.55 $7.66 $5.15 $303,600 $277.332 Oriole Company sells the fishing lures for $33.00. During 2022, the company sold 80,000 lures and produced 92,000 lures.
Santana Rey expects sales of Business Solutions’s line of computer workstation furniture to equal 300 workstations (at a sales price of $3,300 each) for 2019. The workstations’ manufacturing costs include the following. Direct materials $ 750 per unit Direct labor $ 400 per unit Variable overhead $ 60 per unit Fixed overhead $ 24,000 per year The selling expenses related to these workstations follow. Variable selling expenses $ 45 per unit Fixed selling expenses $ 3,500 per year Santana is considering how many workstations to produce in 2019. She is confident that she will be able to sell any workstations in her 2019 ending inventory during 2020. However, Santana does not want to overproduce as she does not have sufficient storage space for many more workstations.Required:1. Complete the following income statements using absorption costing.2. Complete the following income statements using variable costing.
please help with these 2 questions, thank you
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Can you help me with CVP Drill #5?
Subject : - Accounting
Indicate which of the following descriptions is most likely to describe each cost listed below.Description CostsEngineered cost Cost of ingredients in a breakfast cereal Committed cost Cost of advertising for a credit card company Discretionary cost Depreciation on an insurance company’s computer Cost of charitable donations that are budgeted as 1 percent of sales revenue Research and development costs, which have been budgeted at $45,000 per year
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The following is Pacific Limited’s contribution format income statement for January 2022: Sales $1,400,000Variable expenses 700,000Contribution margin 700,000Fixed expenses 400,000Net operating income $ 300,000 The company has no beginning or ending inventories and produced and sold 25,000 units during the month. Required (show your calculation): a. The company’s top management team is currently investigating how many units they need to sell to reach the break-even point. Also, they want to know how much revenue they need to generate to reach the break-even point. What do you think? b. If the company aim to generate a profit of $155,000, how many extra units they need to sell beyond the break-even point? c. What is the company’s margin of safety both in dollar and percentage terms? Explain the margin of safety of the company? d.