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

Breakeven point in sales refer to the certain point at which the sum value of money gained by the…

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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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
Break-Even Point Sheridan Inc. sells a product for $90 per unit. The variable cost is $50 per unit, while fixed costs are $225,600. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $97 per unit. a. Break-even point in sales units fill in the blank ? unitsb. Break-even point if the selling price were increased to $97 per unit fill in the blank ? units
Nicolas Enterprises sells a product for $111 per unit. The variable cost is $63 per unit, while fixed costs are $387,072. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $119 per unit. a. Break-even point in sales units units b. Break-even point if the selling price were increased to $119 per unit units
Information concerning a product produced by Ender Company appears here: Sales price per unit $ 174 Variable cost per unit $ 76 Total annual fixed manufacturing and operating costs $ 656,600 Required Determine the following: Contribution margin per unit. Number of units that Ender must sell to break even. Sales level in units that Ender must reach to earn a profit of $245,000. Determine the margin of safety in units, sales dollars, and as a percentage.
Halifax Products sells a product for $118. Variable costs per unit are $67, and monthly fixed costs are $168,300. a. What is the break-even point in units? Break-Even Point units b. How many units would need to be sold to earn a target profit of $102,000? Total Required Sales units c. Assuming they achieve the level of sales required in part b, what is the margin of safety in sales dollars? Margin of Safety
Thornton Manufacturing Company reported the following data regarding a product it manufactures and sells. The sales price is $44. 12 Variable costs Manufacturing Selling Fixed costs Manufacturing Selling and administrative 17 per unit 6 per unit $152,000 per year $102,100 per year Required a. Use the per-unit contribution margin approach to determine the break-even point in units and dollars. b. Use the per-unit contribution margin approach to determine the level of sales in units and dollars required to obtain a profit of $178,500. c. Suppose that variable selling costs could be eliminated by employing a salaried sales force. If the company could sell 21,400 units, how much could it pay in salaries for salespeople and still have a profit of $178,500? (Hint Use the equation method.) a. Break-even point in units Break-even point in dollars b Required sales in units Required sales in dollars C Fixed cost of salaries
Break-Even Point Nicolas Inc. sells a product for $94 per unit. The variable cost is $63 per unit, while fixed costs are $207,576. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $99 per unit. a. Break-even point in sales units units b. Break-even point if the selling price were increased to $99 per unit units
Mia Enterprises sells a product for $90 per unit. The variable cost is $40 per unit, while fixed costs are $75,000. Determine the:a. Break-even point in sales units fill in the blank 1 of 2 unitsb. Determine the break-even point in sales units if the selling price increased to $100 per unit $ per unit fill in the blank 2 of 2 units
A firm sell a single product for $6. Its variable cost per unit is $4 and fixed costs are $50. Ignoring income taxes, the amount of sales revenue needed for $20 profit is Select one: a. $210. b. $150. c. $35. d. $25.
The Atlantic Company sells a product with a break-even point of 4,369 sales units. The variable cost is $65 per unit, and fixed costs are $144,177. Determine the unit sales price. Round answer to nearest whole number.$fill in the blank 1 Determine the break-even point in sales units if the company desires a target profit of $39,204. Round answer to the nearest whole number.fill in the blank 2 units
Break-Even Point Nicolas Enterprises sells a product for $55 per unit. The variable cost is $38 per unit, while fixed costs are $26,588. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $61 per unit. a. Break-even point in sales units fill in the blank 1 units b. Break-even point if the selling price were increased to $61 per unit fill in the blank 2 units
Trailblazer Company sells a product for $270 per unit. The variable cost is $110 per unit, and fixed costs are $1,056,000. Determine (a) the break-even point in sales units and (b) the break-even point in sales units if the company desires a target profit of $190,080. a. Break-even point in sales units fill in the blank 1 units b. Break-even point in sales units if the company desires a target profit of $190,080 fill in the blank 2 units

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