7. Given the following information, find dollar sales: a. Fixed costs, $60,000; profit, $18,000; sales price per unit, $8.00; vari- able cost per unit, $5.00 b. Variable rate, .45; profit, $21,578.10; fixed costs, $58,382 c. Sales price per unit, $16.60; profit, $21,220; contribution margin, $9.29; fixed costs, $126,000
7. Given the following information, find dollar sales: a. Fixed costs, $60,000; profit, $18,000; sales price per unit, $8.00; vari- able cost per unit, $5.00 b. Variable rate, .45; profit, $21,578.10; fixed costs, $58,382 c. Sales price per unit, $16.60; profit, $21,220; contribution margin, $9.29; fixed costs, $126,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Please show work Quickly question 7 and 8 I humble request sir please without plagiarism please
![7. Given the following information, find dollar sales:
a. Fixed costs, $60,000; profit, $18,000; sales price per unit, $8.00; vari-
able cost per unit, $5.00
b. Variable rate, .45; profit, $21,578.10; fixed costs, $58,382
c. Sales price per unit, $16.60; profit, $21,220; contribution margin,
$9.29; fixed costs, $126,000
8. Given the following information, find number of customers:
a. Fixed costs, $58,922; profit, $9,838; contribution margin per unit.
$3.82
b. Profit, $33,603; sales price per unit, $17.00; fixed costs, $97,197; con-
tribution rate, .6
c. Variable cost per unit, $5.30; profit equal to 18 percent of $211.000;
sales price per unit, $16.30; fixed costs, $86,609
d. Sales price per unit, $16.20; fixed cost, $129,425.36; variable rate, 4:
profit, $44.000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F07fd8069-db2a-478a-8ac6-1f1988b798ba%2Fb56021e1-1ceb-4c32-85a6-f2e0039457a2%2Fixaduat_processed.png&w=3840&q=75)
Transcribed Image Text:7. Given the following information, find dollar sales:
a. Fixed costs, $60,000; profit, $18,000; sales price per unit, $8.00; vari-
able cost per unit, $5.00
b. Variable rate, .45; profit, $21,578.10; fixed costs, $58,382
c. Sales price per unit, $16.60; profit, $21,220; contribution margin,
$9.29; fixed costs, $126,000
8. Given the following information, find number of customers:
a. Fixed costs, $58,922; profit, $9,838; contribution margin per unit.
$3.82
b. Profit, $33,603; sales price per unit, $17.00; fixed costs, $97,197; con-
tribution rate, .6
c. Variable cost per unit, $5.30; profit equal to 18 percent of $211.000;
sales price per unit, $16.30; fixed costs, $86,609
d. Sales price per unit, $16.20; fixed cost, $129,425.36; variable rate, 4:
profit, $44.000
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