Re Time left 0:40:15 Chambers Company sells glass vases at a wholesale price of $250 per unit. Variable cost is $175 per unit. Chambers' fixed costs are $650,000 per month. Chambers is currently selling 15,000 units per month. If Chambers wants to increase operating income by 20%, how many more units, over and above the current volume, must they sell? (Please round to nearest whole number.) Select one: OA 1,333 O B. 1,267 O C. 5.666 Next page Init Finht Goale and 近 acer F10 F11 F12 PrtSc Pause Scr Lk SysRq Break

Re Time left 0:40:15 Chambers Company sells glass vases at a wholesale price of $250 per unit. Variable cost is $175 per unit. Chambers' fixed costs are $650,000 per month. Chambers is currently selling 15,000 units per month. If Chambers wants to increase operating income by 20%, how many more units, over and above the current volume, must they sell? (Please round to nearest whole number.) Select one: OA 1,333 O B. 1,267 O C. 5.666 Next page Init Finht Goale and 近 acer F10 F11 F12 PrtSc Pause Scr Lk SysRq Break

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

nkt.2
N1. Account Mitchell Corporation manufactures a single product. The selling price is $85 per unit, and variable costs amount to $68 per unit. The fixed costs are $16,500 per month. How many units must be sold each month to earn a monthly operating income of $8,000? (Round your final answer up to the nearest whole number.) Multiple Choice 971 units 1,442 units 353 units 122,500 units
Give me answer within an hour please I will give you upvote immediately its very urgent ....thankyou...
Assume that Ocean King Products sells three varieties of canned seafood with the following prices and costs. Selling Priceper Case Variable Costper Case Fixed Costper Month Variety 1 $ 15 $ 12 – Variety 2 16 14 – Variety 3 21 14 – Entire firm – – $ 48,400 The sales mix (in cases) is 60 percent Variety 1, 25 percent Variety 2, and 15 percent Variety 3. Required: a. At what sales revenue per month does the company break even? b. Suppose the company is subject to a 35 percent tax rate on income. At what sales revenue per month will the company earn $50,245 after taxes assuming the same sales mix?
Bob's company produces 3 products with the following information Product SmallMedium Large Selling price per unit$17$19$26variable cost per unit $8$10$12machine hours per unit (mh/unit)234 the bob company has a limit of 14,300 machine hour available per month and a monthly fixed cost of $50,000. the demand for each product is 2,500 units per month. the company's goal is to maximize its profitability. suppose the bob's company can rent a machine that will provide an additional 1,390 machine hours per month. what is the maximum monthly rent the bob's company should be willing to pay for this machine (assuming they have made optimal use of their own machine)
Q.1. An item sells for $25 a unit, but a 10% discount is offered for lots of 150 units or more. A company uses this item at the rate of 20 units per day. The setup cost for ordering a lot is $50, and the holding cost per unit per day is $.30. The lead time is 12 days. The same item can also be produced in house with its setup cost being $30 and production cost per unit being $20. Should the company purchase the item or produce it in-house?
please answer within 30 minutes..
Please help me with show all calculation thanku
Stone Manufacturing sells a marble slab for $1.500 Fixed costs are 130,000, while the variable costs are $500 per wish. The company currently plans to sell 100 sise this month. What is the margin of safety assuming 75 slabs are actually sold? (Round a unit calculations up to the rarest whole nutter) A $30,000 B. $102,000 C. $64,500 D. $47,000 Only typing answer Please explain step by step
ok ces O'Reilly Incorporated makes and sells many consumer products. The firm's average contribution margin ratio is 22%. Management is considering adding a new product that will require an additional $10,500 per month of fixed expenses and will have variable expenses of $6.5 per unit. Required: a. Calculate the selling price that will be required for the new product if it is to have a contribution margin ratio equal to 22%. Note: Round your answer to 2 decimal places. b. Calculate the number of units of the new product that would have to be sold if the new product is to increase the firm's monthly operating income by $8,500. Note: Do not round intermediate calculations. a. Selling price b. Number of units per unit
Info in images
Ferkil Corporation manufacturers a single product that has a selling price of $20.00 per unit. Fixed expenses total $63,000 per year, and the company must sell 9,000 units to break even. If the company has a target profit of $17,500, sales in units must be: Multiple Choice O 9,875 units (O 11,500 units 12,150 units 10,682 units