Answered: At Bahama Foods, the break-even point…

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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Sarafine, Inc. sells a single product for $25. Variable costs are $12 per unit and fixed costs total $130,000 at a volume level of 5,000 units. Assuming that fixed costs do not change, Sarafine's break-even sales would be: Mutiple Choice $210.000. $250.000. $350.000 $530.000 None of the answers is comect
A product sells for $30 per unit and has variable costs of $18.00 per unit. The fixed costs are $960,000. If the variable costs per unit were to decrease to $16.50 per unit, fixed costs increase to $1,080,000, and the selling price does not change, break-even point in units would: Multiple Choice O O Equal 6,000. Increase by 24,828. Not change. Increase by 4,000. Decrease by 24,828.
want the correct answer pls..
Wok of Fame, Inc., makes and sells woks at a price of $5.00 per unit. Variable cost is $3.00 per unit. The company's total fixed costs are $52,500. How much must total sales be if Wok of Fame wants to earn an operating income of $17,500? $100,000 $70,000 $175,000 $17,500 $26,250
Gladstorm Enterprises sells a product for $50 per unit. The variable cost is $32 per unit, while fixed costs are $16,200. Determine the following: Round your answers to the nearest whole number. a. Break-even point in sales units fill in the blank 1 units b. Break-even point in sales units if the selling price increased to $62 per unit fill in the blank 2 units
P Company has provided the following data: Sales Price per unit: $50. Variable Cost per unit: $30; Fixed Cost: $135,000 Expected Sales: 20,000 units. d. Determine the margin of safety in dollars. e. If the company wants to have net income of $70,000, how many units must they sell.
If breakeven point is 1,100 units, each unit sells for $32, and fixed costs are $20,000, then on a graph the: > Total cost line will be zero at zero units sold > Total revenue line and the total cost line will intersect at $35,200 of revenue > Revenue line will start at $20,000 > Total revenue line and the total cost line will intersect at $55,200 of revenue
Thunder Corp. has a selling price of $30 per unit, variable costs of $23 per unit, and fixed costs of $35,000. How many units must be sold to break even? Multiple Choice 1,522 2,188 10,000 5,000

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		There is not enough information provided to determine the answer.

At Bahama Foods, the break-even point is 20,000 units. If fixed costs total $60,000 and selling price per unit is $15, what is the variable cost per unit? $12.00 $39.50 $12.50 $19.50 There is not enough information provided to determine the answer.