Target ProfitWoodsman Company sells a product for $170 per unit. The variable cost is $85 per unit, and fixed costs are $238,000.Determine (a) the break-even point in sales units and (b) the sales units required for the company to achieve a target profit of $61,880.a. Break-even point in sales unitsunitsb. Break-even point in sales units required for the company to achieve a target profit of $61,880units

Answered: any sells a product for $170 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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Similar questions

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.
Target profit Beard Company sells a product for $15 per unit. The variable cost is $10 per unit, and fixed costs are $1,750,000. Determine (a) the break-even point in sales units and (b) the sales units required for the company to achieve a target profit of $400,000.
A Company produces a single product which sells for $20 per unit. Variable Cost is $15 and fixed cost for the year is $630,000 Required: (1) Calculate Sales value needed to earn profit of 10% on sales (2) Calculate sales price per unit if BEP down to 120,000 units
Sanjay Company has monthly fixed costs of $112.000. The variable costs are $5.00 per unit. The sales price per unit is $20.00 and they sold 8,000 units. Sanjay Company's total sales revenue is A. $120,000 B. $8,C00 C. $112,000 D. $160.000
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Zeta Company sells a single product with a selling price of $300 per unit. Per unit variable costs are $82.00 and total fixed costs are $127,500. The number of units Zeta needs to sell to achieve its target profit of $50,000 is closest to: 610 814 a. b. C. d. 1,555 2,165
Atlantic Company sells a product with a break-even point of 3,517 sales units. The variable cost is $115 per unit, and fixed costs are $140,680. Determine the: a. Unit sales price b. Break-even point in sales units if the company desires a target profit of $55,440 units
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Answer the following questions using the information below: Company A sells a single product. 1,500 units were sold resulting in $30,000 of sales revenue; $21,000 of variable costs, and $2,400 of fixed costs. If sales increase by $20,000, operating Income will increase BY: ⒸA$11,400 OB. None of them OC. $6,000 OD. $12,000

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