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- Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings total annual fixed costs are 38,400. If operating income last year was 28,800, what was the number of units Starling sold? a. 4,800 b. 6,400 c. 5,600 d. 11,200Olivian Company wants to earn 420,000 in net (after-tax) income next year. Its product is priced at 275 per unit. Product costs include: Variable selling expense is 14 per unit; fixed selling and administrative expense totals 290,000. Olivian has a tax rate of 40 percent. Required: 1. Calculate the before-tax profit needed to achieve an after-tax target of 420,000. 2. Calculate the number of units that will yield operating income calculated in Requirement 1 above. (Round to the nearest unit.) 3. Prepare an income statement for Olivian Company for the coming year based on the number of units computed in Requirement 2. 4. What if Olivian had a 35 percent tax rate? Would the units sold to reach a 420,000 target net income be higher or lower than the units calculated in Requirement 3? Calculate the number of units needed at the new tax rate. (Round dollar amounts to the nearest dollar and unit amounts to the nearest unit.)Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90. The companys monthly fixed expenses are $180,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of October when they will sell 10,000 units. How many units will Cadre need to sell in order to realize a target profit of $300,000? What dollar sales will Cadre need to generate in order to realize a target profit of $300,000? Construct a contribution margin income statement for the month of August that reflects $2,400,000 in sales revenue for Cadre, Inc.
- Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The companys monthly fixed expenses are $22,500. What is the companys break-even point in units? What is the companys break-even point in dollars? Construct a contribution margin income statement for the month of September when they will sell 900 units. How many units will Maple need to sell in order to reach a target profit of $45,000? What dollar sales will Maple need in order to reach a target profit of $45,000? Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.Abilene Industries manufactures and sells three products (XX, W, and ZZ). The sales price and unit variable cost for the three products are as follows: Their sales mix is reflected as a ratio of 4:2:1. Annual fixed costs shared by the three products are $345.000 per year. What are total variable costs for Abilene with their current product mix? Calculate the number of units of each product that will need to be sold in order for Abilene to break even. What is their break-even point in sales dollars? Using an income statement format, prove that this is the break-even point.Faldo Company produces a single product. The projected income statement for the coming year, based on sales of 200,000 units, is as follows: Required: 1. Compute the unit contribution margin and the units that must be sold to break even. Suppose that 30,000 units are sold above the break-even point. What is the profit? 2. Compute the contribution margin ratio and the break-even point in dollars. Suppose that revenues are 200,000 greater than expected. What would the total profit be? 3. Compute the margin of safety in sales revenue. 4. Compute the operating leverage. Compute the new profit level if sales are 20 percent higher than expected. 5. How many units must be sold to earn a profit equal to 10 percent of sales? 6. Assume the income tax rate is 40 percent. How many units must be sold to earn an after-tax profit of 180,000?
- ITEMS 41 to 45 ARE BASED ON THE FOLLOWING INFORMATION: Basic Illustration Corp. Produces and sells a single product. The selling price is P25 and the variable cists is P15 per unit. The corporation's fixed costs is P100,000 per month. Average monthly sales is 11,000 units. 41. The corporation's contribution margin per unit and as percent of sales (CMR) is a. P10 per unit; 40% b. P40 per unit; 160% c. 10 units;40% d. P10 per unit; 60% 42. The corporation's break-even point in pesos a. P10,000. b. 250,000 units c. 10,000 or P250,000. d. 250,000 units or P10,000 43. If the corporation desires to earn profit of P20,000 before tax, it must generate sales of a. P12,000 b. 300,000 units c. 10,000 units or 250,000 d. 12,000 units or P300,000 44. If the corporation based corporate income tax at the rate of 30% and it desires to earn after tax profit of P21,000, It must generate sales of a. P325,000 or 13,000 units b. P13,000 or 325,000 units c. 12,040 units or P301,000 d. 16,375 units or…Omega Enterprise sells two products, Model E100 and F900. Monthly sales and the contribution margin ratios for the two products, follow : Product.. Model E100 Model F900 Total Sales P700,000 P300,000 1,000,000 Contribution margin ratio The company's fixed expenses total P598, 500 per month. 60% 70% ? 3. What is the company's total contribution margin ratio? (2-43) a. 60% c. 70% b. 63% d. 65% 4. What is the company's total net operating income? (2-44) a. P630,000 b. P 31,500 5. The break-even point for the company based on the current sales mix is (2-44) a. P900,000 b. P950,000 P210,000 P420,000 C. d. P1,000,000 P1,050,000 c. d.The following annual information is for Bressler Corporation: Product X Revenue per unit: $10.00 Variable cost per unit: $5.00 Total fixed costs: $100,000 How many units the company has to sell to achieve an after tax income of $75,000 if the income tax rate is 25%?
- 2.I PDB Manufacturing Corp. produces and sells a single product. The selling price is P25 and the variable costs is P15 per unit. The corporation's fixed costs is P100,000 per month. Average monthly sales is 11.000 units. 1. The corporation's contribution margin per unit and as a percent of sales (CMR) is? 2. The corporation's break-even point is? 3. If the corporation desires to eam profit of P20,000 before tax, it must generate sales of? 4. If the corporation pays corporate income tax at the rate of 25%, and it desires to eam after-tax profit of P21,000, it must generate sales of? 5. With an average monthly sale of 11,000 units, the corporation's margin of safety is? 6. The margin of safety ratio and the break-even sales ratio are? 7. If fixed costs will increase by P20,000, the break even point in units will increase(decrease) by? 8. If variable costs per unit will go up by P5, the peso break-even sales will increase (decrease) to? 9. If selling price will increase to P30, the…KLM Company produces a single product. The selling price is OMR 40 a unit and the variable costs is OMR 25 a unit. The annual fixed costs of the business are OMR 4000. The business aims to make OMR 16625 profit during the forthcoming year. How much sales (OMR) required to achieve this target profit? Select one: a. OMR 60000 b. OMR 44000 c. OMR 48700 d. OMR 55000
