A yogurt company sells its product for S4 per cup. The variable costs to produce each cup add up to $1.50. The company's fixed costs each month are $300,000. What is the unit contribution? $ 300, 005.50 $2.50 $5.50 $120,000
Q: Vicious Cycle, Inc., produces and sells 2,000 bikes. Selling price per unit $2,000 Variable cost per…
A: Contribution margin per unit = Selling price per unit - Variable Cost per unit
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A: Contribution margin per 6 hours = boat rent per 6 hours - variable costs per 6 hours = $30 - $27 =…
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A: Calculate the break even point as follows: Break even units = Fixed cost / (Selling price - variable…
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A: Margin of Safety = Current sales - Break even Break even = Fixed Cost/ Sales - Variable cost
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A: Answer) The total fixed cost, i.e., $ 7,500 is already charged from existing number of units sold.…
Q: United Snack Company sells 40-pound bags of peanuts to university dormitories for $42 a bag. The…
A: The break-even point is the point where the firm earns no profit no loss. At this point, the firm…
Q: Coronado Industries produces hair brushes. The selling price is $15 per unit and the variable costs…
A: Break even point :— It is the point of production where total cost is equal to total revenue. At…
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A: Definition: Contribution Margin: Contribution Margin refers to the margin of profit expected by the…
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A:
Q: Raven Inc. sells a single product for $51. Variable costs include $28.23 for each unit plus a $9…
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A: Contribution Margin Ratio = Selling Price per Cake - Variable Cost per cake / Selling price per…
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Q: Maple Enterprises sells a single product with a selling price of $60 and variable costs per unit of…
A: Hi student Since there are multiple subparts, we will answer only first three subparts. If you want…
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A: Break even sales in dollars = Fixed costs/ contribution margin ratio Contribution margin ratio=…
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A: Break-even point in units = Fixed costs / (Selling price - Variable costs) Break-even point in sales…
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A: Cost: Cost in accounting can be explained as the amount that is borne by a company or an…
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A: Contribution margin per pastry = sales price - variable costs = $3 - $0.75 = $2.25
Q: A company has monthly fixed costs of $36,000. The variable costs are $2.50 per unit. If the sales…
A: Unit Contribution Margin = Selling Price per unit - Variable cost per unit
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A: The contribution margin is the excess of revenue over variable cost. It indicates the amount…
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A: As posted multiple sub parts we are answering only first three sub parts kindly repost the…
Q: Fruity Pebbles Apparel sells fruit themed shirts at $58.00 per shirt. It incurs monthly fixed costs…
A: Formula: Contribution margin ratio = Contribution margin / Sales
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A: Disclaimer: Since you have put a multi-part question, we are providing you with the solutions to the…
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A: Sales at desired profit=Fixed cost+Desired profitSelling price-Variable cost per unit
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- Flower Depot, Inc. sells a single product for $13. Variable costs are $3 per unit and fixed costs total $100,000 at a volume level of 7,500 units. What dollar sales level would Flower Depot have to achieve to earn a target profit of $400,000? A. $550,000. B. $750,000. C. $450,000. D. $1,000,000. E. $650,000.Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $590 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 760 canoes for $590 each. Prepare a contribution margin income statement for the company. 4. Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $590 each. 5. Suppose Sandy Bank wants to earn $76,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $590 each. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the following table. Note: Round your "Cost per Unit" answers to 2 decimal places. Number of Canoes Produced and Sold Total costs Variable Costs Fixed Costs Total Costs Cost per Unit Required 3 Required 4 Variable Cost per Unit Fixed Cost per Unit Total Cost per Unit $ $ $ 500 Required 5 780 0 0.00Raven Inc. sells a single product for $50. Variable costs include $29.00 for each unit plus a $7 selling expense per unit. Fixed costs are $276,920 per month. a. What is the contribution margin percentage? Contribution Margin b. What is the break-even sales revenue? Break-Even Sales Revenue c. What sales revenue is needed to achieve a $250,740 per month profit? Total Sales Revenue Needed
- Hawk Homes, Ic., makes one type of birdhouse that it sells for $30.00 each. Its variable cost is $13.50 per house, and its fixed costs total $14,239.50 per year. Hawk currently has the capacity to produce up to 2,800 birdhouses per year, so its relevant range is 0 to 2,800 houses. Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,110 birdhouses this year. 2. Without ancaleuletione, detonmine llawks total contribution morgin if the company breake 3. Сн 4. Calculate Hawk's break-even point in number of units and in sales revenue. 5. Suppose Hawk wants to earn $21,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. O margm per umt Omarginatio. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Prepare a contribution margin income statement for Hawk assuming it sells 1,110 birdhouses this year. (Enter your answers…Sheridan Recreation Products sells the Amazing Foam Frisbee for $19. The variable cost per unit is $6; fixed costs are $26,000 per month. (a) Your Answer Correct Answer Your answer is correct. What is the breakeven point in units? In sales dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars. Round answers to O decimal places, eg. 5,275) The breakeven point The breakeven sales (b) eTextbook and Media Solution $ eTextbook and Media Save for Later 2000 frisbees 38000 How many frisbees must Sheridan sell to earn $39,000 in monthly operating income? (Round answer to O decimal places, eg. 5,275) frisbees Attempts: unlimited Attempts: unlimited Submit Ar (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above.Tequila Mockingbird, Inc., produces and sells 200,000 barrels of a beverage. Selling price per barrel: $500 Variable cost per barrel: $100 Annual fixed cost $500,000 What is the company's contribution margin ratio?
- Mackler, Inc. sells a product with a contribution margin of $50 per unit. Fixed costs are $8,000 per month. How many units must Mackler sell to break even? Please show the formula you used and show your work in the space provided.Roseberg Theater sells tickets for dinner and a show for $60 each. The cost of providing dinner is $31 per ticket and the fixed cost of operating the theater is $65,000 per month. The company can accommodate 15,000 patrons each month. What is the contribution margin ratio? 51.67% 207% 48.33% 40.00%Wok of Fame, Inc., makes and sells woks at a price of $5.00 per unit. Variable cost is $3.00 per unit. The company's total fixed costs are $52,500. How much must total sales be if Wok of Fame wants to earn an operating income of $17,500? $100,000 $70,000 $175,000 $17,500 $26,250
- Seved Help Save & Exit Submit A company purchases fruit from farmers for $2.00 a pound. The fruit can be sold for $3.20 a pound or it can be used to make jelly. Each case of jelly contains three-quarters of a pound of fruit and can be soid for $4.40. In addition to the cost of the fruit, making and selling each case of jelly incurs additional variable costs of $1.10 per unit. The monthly fixed costs associated with making the jelly include: O Qu Jelly production salaries Depreciation of jelly-making equipment Salary of salesperson dedicated to selling jelly $4,000 400 2,000 Total fixed costs $6,400 Colla The jelly-making equipment does not wear out through use and it has no resale value. Assuming the company makes and sells 8,000 cases of Jelly. what is the financial advantage (disadvantage) of continuing to process fruit into jelly? Multiple Choice $(5,200) $(5,600)Neville’s Pillow Store sells pillows with a sales price of $25.00 each. Each pillow costs the company $20.00 to produce, and the store incurs a total of $130,000 in fixed costs each year. What is the yearly breakeven point in units? Select one: a. 6,500 pillows b. 5,200 pillows c. None of these oprions are correct. d. 26,000 pillows e. 39,000 pillows
