9A product sells for $205 per unit, and its variable costs per unit are $134. Total fixed costs are $421,000. If the firm wants to earn income of $41,210, how many unitsmust be sold?Multiple ChoiceООО6,810.6,710.6,610.6,510.6,910.13

Step 1:Sales required for desired profit can be calculated by using following formula = ( Fixed…

Answered: 9 A product sells for $205 per unit,…

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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A product sells for $295 per unit, and its variable costs per unit are $217. Total fixed costs are $439,000. If the firm wants to earn $82,820 pretax income, how many units must be sold? Multiple Choice 6,990. 7,090. 6,690. 6,890. 6,790.
Please help with multiple choice questions.
XYZ Company's product has a contribution margin per unit of $12 and a variable cost ratio of 90%. What is the selling price of the product? Select one: Oa. $120. Ob.$28.125. Oc.$37.5. O d. $60. Oe. $22.5. Next page le
XYZ Company's product has a contribution margin per unit of $12 and a variable cost ratio of 80%. What is the selling price of the product? Select one: O a. $37.5. O b. $28.125. O c. $22.5. O d. $120. O e. $60.
A product sells for $200 per unit and its variable costs per unit are $130. Total fixed costs are $420,000. If the firm wants to earn a $35,000 target pretax income, how many units must be sold? Select one: 6,500 units. O b. 5,000 units. O c. 6,000 units. O d. 500 units. O e. 5,500 units. O a.
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Company XYZ is producing and selling 2,500 . At this level , the selling price per unit is $10, the variable expenses per unit is $3 and fixed expenses are \$1,5 . How much is the profit ? a. $ 6,000 b. $11,000 c. 8,500 d. 16,000 e.13,500
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Company XYZ is producing and selling 2,500. At this level, the selling price per unit is $10, the variable expenses per ?unit is $6, and fixed expenses are $1,500. How much is the profit $13,500 a O $8,500 .b O $16,000 .c O $11,000 .d O $6,000 .e O
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M and M, Inc. produces a product that has a variable cost of $2.20 per unit. The company's fixed costs are $42,000. The product is sold for $5 per unit and the company desires to earn a target profit of $11,200. What is the amount of sales that will be necessary to earn the desired profit? (Do not round intermediate calculations.) Multiple Choice $75,000 $128,200 $95,000 $254,000
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9 A product sells for $205 per unit, and its variable costs per unit are $134. Total fixed costs are $421,000. If the firm wants to earn income of $41,210, how many units must be sold? Multiple Choice О О О 6,810. 6,710. 6,610. 6,510. 6,910. 13