A company generated $250,000 of revenue by selling 500 computers. Total variable expenses associated withthese 500 computers is $150,000. Total fixed expenses associated with these 500 computers is $80,00013. What is the total contribution margin needed for the company to break even?A. $80,000B. $150,000C. $250,000D. $500,00014. How many computers must be sold for the company to break even?Show Transcribed TextD. OUU15. Assuming everything remains the same. However, the company only happened to sell 399 computers.What is the net operating income?A. ($200)B. 0C. $200D. $50016. If the company wants to generate $600 of net operating income, how many computers must be sold?A. 399B. 403C. 406D. 408

Lets understand the basics.Break even point is a point at which no profit no loss condition arise.…

Answered: A company generated $250,000 of revenue…

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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Angela Company is concerned about its operating performance, as summarized below: Revenues (P12.50 per unit) Variable costs Operating loss P300,000 180,000 (40,000) How many additional units should be sold in order for Angela Company to break-even? 16,000 8,000 32,000 24,000
Tanner Company’s most recent contribution format income statement is presented below: Sales $75,000 Less Variable Expenses 45,000 Contribution Margin 30,000 Less Fixed Expenses 36,000 Net Income ($6,000) The company sells its only product for $15 per unit. There was no beginning or ending inventories. How many units would have to be sold to earn a target profit of $9,000?
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A company requires $1400000 is sales to meet its net income target. Its contribution margin is 50% and fixed costs are $300000. What is the company's target net income?
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Samsung manufacturers USB charging cables for mobile devices. It sells these cables to distributors for $2.6000000000 each, while their variable costs are 72e per cable, and they have a fixed cost of $43000 to manufacture the cables. 1. What is the Contribution margin (in dollars)? 2. What is the profit function (without units using x as the number of cables sold)? 3. What is their projected profit or loss next month (in dollars), for which Samsung forecasts sales of 23241 cables? 4. What is the break even volume (without units)? For parts 1, 2, and 3, answer to the nearest cent. For part 4, answer to one decimal place (don't round up to the nearest whole unit). Answer: 1. Contribution margin = 2. Profit function: Profit= 3. Profit or loss = 4. Break even volume =
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