Assume the following (1) selling price per unit = $30, (2) variable expense per unit = $18, and (3) total fixed expenses = $55,200. Given these three assumptions, the unit sales needed to achieve a target profit of $12,000 is: Multiple Choice 5,600 units. 17,600 units. 84,800 units. 67,200 units.

Assume the following (1) selling price per unit = $30, (2) variable expense per unit = $18, and (3) total fixed expenses = $55,200. Given these three assumptions, the unit sales needed to achieve a target profit of $12,000 is: Multiple Choice 5,600 units. 17,600 units. 84,800 units. 67,200 units.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter11: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 11.16E

See similar textbooks

Related questions

Q: The following information is for Alex Corp: Product X: Revenue…

A: Given that, Revenue from product X = $12 Variable cost from product X = $4.50 Revenue from product…

Q: Projected Sales: 25,000 Average Sales Price per Unit: Average Variable Cost per Unit: 56.00 $ 38.00…

A: Profit is the revenue that is generated by the company after paying all its costs, that includes…

Q: Assume the following: 1. variable expenses = $294,000 2. unit sales = 10,000 3. the contribution…

A: Break-even point is the point of production where total cost is equal to total revenue. Break-even…

Q: Expected sales Variable costs 10,000 units @ £8 £5 per unit £21,000 Fixed costs Assume Sales volume…

A: The Break even point is the point of No profit no loss as at this point the firm is earning a zero…

Q: If the selling price per unit is $50, the variable expense per unit is $20, and total fixed expenses…

A: Contribution margin ratio = Contribution margin / Selling price = ($50 - $20) / $50 = 60%

Q: I. What is the break- even point in dollar sales? J. How many units must be sold to achieve a…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Find out BEP in units and value with the following data: Fixed cost - $50000 Variable cost - $40…

A: BEP in units : Fixed Cost/ (Selling Price per unit - Variable Cost Per unit) BEP in value : Fixed…

Q: Harold McWilliams owns and manages a general merchandise store in a rural area of Virginia. Harold…

A: Margin of safety is the difference between total sales revenue and the break-even point in sales…

Q: RDWMNE769 Corp. sells a single product. Selling price per unit $12 Variable expense per unit $2.00…

A: .The fixed costs do not change with a change in the production level or activity level within the…

Q: Assume a sales volume of 9120 units, unit selling price of $18, unit variable cost of $10, and total…

A: The question is based on the concept of Cost Accounting. The sale over and above the break even…

Q: Q5 From the following particulars you are required to calculate (a) PIV ratio and (b) Break-even…

A: P/V or Profit Volume Ratio is calculated as Contribution / Sales Here, Contribution = Sales -…

Q: Determine the missing amounts. Unit SellingPrice Unit VariableCosts Unit…

A: Contribution Margin=Sales-Variable costs Contribution Margin ratio=Contribution Margin/Sales Using…

Q: Determine the missing amounts. 1. 2. 3. $ Unit Selling Price $800 $350 $ (e) $ Unit Variable Costs…

A: Unit Selling Price: The price at which a single unit of a product is sold to customers.Unit Variable…

Q: CMR, BEP, sensitivity analysis. Wild's Company's income statement is shown below Total Per Unit P…

A: The relationship between sales volume, expenses, and profits is examined using the management…

Question

Kk.1.

Subject :- Accounting

Multiple Choice

5,600 units.

17,600 units.

84,800 units.

67,200 units.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1: Introduction

VIEW

Step 2: Answer

VIEW

Solution

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Assume the following: 1. selling price per unit = $25 2. variable expense per unit = $13 3. the total fixed expenses = $20,000 4. net operating income = $14,200 Given these four assumptions, unit sales must be: Multiple Choice 3,420 units. 1,200 units. 2,342 units. 2,850 units.
Assume the following (1) selling price per unit-$25, (2) variable expense per unit = $13, (3) unit sales=2,580, and (4) total fixed expenses = $25,000. Given these four assumptions, net operating income must be: Multiple Choice $8,540. O $39,500. O $27,580 $5.960.
Assume the following (1) selling price per unit = $30, (2) variable expense per unit = $18, and (3) total fixed expenses = $31,800. Given these three assumptions, the unit sales needed to achieve a target profit of $11,700 is: Multiple Choice O O 3,625 units. 15,325 units. 58,825 units. 43,500 units.
Assume the following (1) selling price per unit = $25, (2) variable expense per unit = $13, (3) unit sales = 2,640, and (4) total fixed expenses = $25,000. Given these four assumptions, net operating income must be: Multiple Choice $9,320. $6,680. $41,000. $27,640.
paresh
Assume in each case that the selling expenses are $9 per unit and that the normal profit is $6 per unit. Calculate the limits for each case. Then enter the amount that should be used for lower of cost or market. Selling Price Upper Limit Replacement Cost Lower Limit Cost LCM (a) $63 $ $44 $ $53 $ (b) 52 35 39 (c) 59 44 45 (d) 54 38 36
3. Consider the following problems. Each problem is unrelated to the others. [1*3=3] a) Selling price per unit, Tk. 29; total fixed expenses, Tk. 30,400; variable expenses per unit, Tk. 13. Find total sales in units to achieve a profit of Tk. 8,000, assuming no change in selling price. b) Sales, Tk. 51,000; variable expenses, Tk. 18,000; fixed expenses, Tk. 18,000; net income, Tk. 15,000. Assume no change in selling price; find net income if activity volume increases by 20%. c) Selling price per unit, Tk. 48; total fixed expenses, Tk. 106,000; variable expenses per unit, Tk. 36. Assume that variable expenses are reduced by 25% per unit, and the total fixed expenses are increased by 15%. Find the sales in units to achieve a profit of Tk. 23,000, assuming no change in selling price.
Assume the following (1) selling price per unit = $25, (2) variable expense per unit = $13, (3) unit sales = 2,520, and (4) total fixed expenses = $25,000. Given these four assumptions, net operating income must be: rev: 07_17_2020_QC_CS-208650 Multiple Choice о о O $7,760. $5,240. $38,000. $27,520.
ss
Assume the following (1) selling price per unit = $30, (2) variable expense per unit = $18, and (3) total fixed expenses = $52,200. Given these three assumptions, the unit sales needed to achieve a target profit of $10,200 is:
ACCOUNT
If the selling price per unit is $50, the variable expense per unit is $20, and total fixed expenses are $260,000, what are the breakeven sales in dollars? A. $433,333 B. $650,000 OC. $185,714 ⒸD. $156,000