Bloom Enterprises has fixed costs of $825,400. The selling price per unit is $210, and the variable cost per unit is $120. How many units must the company sell in order to earn a profit of $190,000?
Q: ??!!
A: Explanation of Net Loss: A net loss occurs when a company's total expenses exceed its total revenues…
Q: correct answer is
A: Step 1: These are the values given: $8,250 (change in Assets) = ? (change in Liabilities) +…
Q: Ans how much
A: Concept of Stockholders' EquityThe Stockholders' Equity represents the owners' residual interest in…
Q: Opereting leverage?
A: Step 1: Definition of Operating LeverageOperating leverage measures how a company's net operating…
Q: Provide correct solution general Accounting question
A: Step 1: Formula Future value = Present value x (1 + rate)number of years Step 2: Given Present…
Q: accounting question
A: Step 1: DefinitionUtilization measures how effectively a system uses its design capacity and is…
Q: Question 25
A: Concept of Retained EarningsRetained earnings represent the cumulative net income of a company that…
Q: What is the return on equity on these financial accounting question?
A: Return on Equity (ROE) is calculated as: ROE=Owner's EquityNet IncomeWe can use the **ROA…
Q: General Accounting
A: Step 1: Definition of Journal Entry for Revenue RecognitionA journal entry records a business…
Q: Accounts payable:30000, interest payable:30000
A: Explanation of Trial Balance: A trial balance is a bookkeeping worksheet that lists all accounts…
Q: Financial accounting question
A: Question 1: Liabity for product warrantyGiven Data:Total units sold = 400Defective rate =…
Q: How much is applied to the principal of the note?
A: Step-by-Step SolutionWe are given the following loan details:Loan Amount (Principal) =…
Q: We note the following adjusted trial balance totals: Cash $ 21,000 Accounts Receivable $ 20,000…
A: Given:Sales = $80,000Sales return = $6,000Net sales = 80,000 - 6,000 = 74,000Cost of…
Q: Return on assets?
A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) measures how efficiently a…
Q: SUBJECT -GENERAL ACCOUNT
A: Step 1: Definition of Cash Conversion CycleThe cash conversion cycle of a firm is the time taken by…
Q: Anjali Brewery has estimated budgeted costs of $72,600, $78,900, and $85,200 for the manufacture of…
A: Step 1: Introduction to budgetingBudgeting is defined as the process of preparing a financial plan…
Q: Increase sale 18%, operating cost 10.2 million what is DOL?
A: 1. Calculate Current Operating Income (EBIT)Sales: $50 millionVariable Costs: $33.75 millionFixed…
Q: Schumacher Company uses the perpetual inventory system, and it engaged in the following transactions…
A: Step 1: Definition of Gross MarginGross Margin is the difference between sales revenue and cost of…
Q: Tylors budgeted overhead was
A: Step 1: We calculate the predetermined overhead rate. Predetermined Overhead Rate = Budgeted…
Q: Principal residence ?
A: Step 1: Definition of Capital Gain on Sale of HomeA capital gain occurs when an asset is sold for…
Q: Please solve this question general Accounting
A: Step 1: Define Annualized Rate of ReturnThe annualized rate of return is the average yearly return…
Q: Calculate the price charged to the customer for Job
A: Concept of Job Order CostingJob order costing is a cost accounting system used by businesses that…
Q: Hello teacher please solve this question
A: Step 1: Define Operating CycleThe number of days that elapse between the purchase of raw materials…
Q: General Accounting question
A: Image.Explanation.To determine the percent return on the investment in Global Tech's stock, we first…
Q: This Company uses standard costing. Variable overhead is applied at $8 per direct labor hour. Data…
A: Step 1: Definition of Controllable Overhead Spending VarianceThe controllable overhead spending…
Q: Applied manufacturing overhead for the year is
A: Step 1: Predetermined overhead rate Predetermined overhead rate = Estimated manufacturing…
Q: Give me Answer
A: The question asks you to calculate the total number of cleaning supply units that Silver Star Cinema…
Q: Mia Steel started the year with total assets of $325,000 and total liabilities of $174,000. During…
A: Concept of Stockholders' EquityStockholders' equity represents the ownership interest in a company…
Q: Need general account ans
A: Step 1: Understanding Product CostsProduct costs are the costs directly associated with…
Q: provide correct answer general accounting
A: Step 1: Definition of Days' Sales in ReceivablesDays' sales in receivables, also known as the…
Q: Undersupplied manufacturing overhead in September?
A: Explanation of Manufacturing Overhead: Manufacturing overhead includes all indirect costs associated…
Q: Financial Accounting
A: Concept of Return on Equity (ROE)Return on Equity (ROE) is a financial ratio that measures a…
Q: Fairfield Company's payroll costs for the most recent month are summarized here: Item Hourly labor…
A: Step 1:1. First, calculate the payroll cost related to the factory: Factory payroll cost = Factory…
Q: The projected benefits obligation was underfunded at the end of 2010 by ?
A: To determine how much the projected benefit obligation (PBO) was underfunded at the end of 2010, we…
Q: None
A: Step 1: Formula Cash flow cycle = Average age of inventory + Average age of accounts receivable -…
Q: Tutor answer this financial accounting problem
A: Return on Equity (ROE) is calculated using the formula: ROE = (Net Income / Total Equity) × 100…
Q: Expert of general accounting answer
A: Step 1: Determine the estimated direct labor hours engaged in performing the job by dividing the…
Q: How much overhead is applied to work in process?
A: Explanation of Job-Order Costing System: This is a cost accounting system used when a company…
Q: Can you please solve this
A: Step 1: Definition of Total AssetsTotal assets are all the resources owned by a company that can be…
Q: The projected benefits obligation was underfunded at the end of 2010 by ? General accounting
A: To determine how much the Projected Benefit Obligation (PBO) is underfunded at the end of 2010, we…
Q: Your plant produces 134 snowmobiles per month. Direct costs are $2,540 per snowmobile. The monthly…
A: Step 1:First, calculate the overhead cost per snowmobile: Overhead cost per snowmobile = Monthly…
Q: Subject. General Account
A: To determine the percentage increase in net income when sales increase by 20%, we will use the…
Q: How much fixed manufacturing overhead will be
A: Step 1: Absorption costing Under absorption costing, direct materials, direct labor, and…
Q: What is your total return for last year on these financial accounting question?
A: Step 1: Define Total ReturnTotal return is the overall gain or loss an investor earns from an…
Q: Hello tutor please help me this question solution general accounting
A: Step 1: Definition of Cost-Volume-Profit (CVP) Analysis and Break-Even PointCost-Volume-Profit (CVP)…
Q: Answer this below Question
A: Concept of Other Comprehensive Income (OCI)Other Comprehensive Income (OCI) refers to income,…
Q: Calculate the variable rate
A: Step 1: Definition of High-Low MethodThe high-low method is a technique used to estimate the…
Q: Subject: general accounting
A: To calculate the portion of the payment applied to the principal, we need to first determine the…
Q: General accounting
A: Step 1: Define Price earning RatioThe price earning ratio is a financial ratio that compares the…
Q: FTX was a leading cryptocurrency exchange that went bankrupt in November 2022 amid allegations that…
A: The fraud was committed by the CEO of FTX, Sam Bankman-Fried, who embezzled and misused customer…
How many unit must be company sell in order to earn a profit
![Bloom Enterprises has fixed costs of
$825,400. The selling price per unit is
$210, and the variable cost per unit is
$120. How many units must the company
sell in order to earn a profit of
$190,000?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fadcf7958-1922-4e0c-872b-c1900478e04f%2Fc7017c28-0fa3-4801-ad3f-ecdbdf219034%2Fwwzpq0e_processed.jpeg&w=3840&q=75)
![](/static/compass_v2/shared-icons/check-mark.png)
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
- Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are $15,250. Delta Co.s tax rate is 36% and the company wants to earn $44,000 after taxes. What would be Deltas desired pre-tax income? What would be break-even point in units to reach the income goal of $44,000 after taxes? What would be break-even point in sales dollars to reach the income goal of $44000 after taxes? Create a contribution margin income statement to show that the break-even point calculated in B, generates the desired after-tax income.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?Dove, Inc. produces a product that has a variable cost of $6.00 per unit. The company's fixed costs are $60,000. The product is sold for $9.00 per unit and the company desires to earn a target profit of $30,000. What is the amount of sales that will be necessary to earn the desired profit?
- Friar Corp. sells two products. Product A sells for $112 per unit, and has unit variable costs of $65. Product B sells for $102 per unit, and has unit variable costs of $59. Currently, Friar sells three units of Product B for every one unit of Product A sold. Friar has fixed costs of $752,400. How many units would Friar have to sell to earn a profit of $250,800?Suppose ABC Corp’s break-even point is revenues of $1,100,000. Fixed costs are $660,000. Calculate the contribution margin percentage. Calculate the selling price if variable costs are $16 per unit. Suppose 75 000 units are sold, calculate the profit earned. Willo the company beprofitable if able to sell 30,000 units? Explain. What should the company do to increase its profit above break-even point.Frank Corporation has a single product. Its selling price is $80 and the variable costs are $30. The company’s fixed expenses are $5,000. What is the company’s break-even point in unit sales?
- Suppose a company has 3 products. Product A has a contribution margin per unit of $15, product B has a contribution margin per unit of $25, and product C has a contribution margin per unit of $32. For every 3 units sold of product A the company sells 2 units of product B and 5 units of product C. The company has fixed costs of $835,000. Suppose that the company wants to make a profit of $3,500,000. How many units of each product must the company sell to achieve this goal?Coney Adventures Inc. sells one product for $5. The variable cost per item is $3, and the fixed costs for the firm are $40. Compute the breakeven point in units. Compute the number of units and sales revenue needed to achieve a $20 profit. (Ignore income taxes.) Assume that the income tax rate for Redlands is 40%. Compute the number of units and sales revenue needed to achieve an $18 net profit. Compute the number of units and sales revenue needed to achieve an 8% profit margin. (Ignore income taxes.)Storm Corporation is planning to sell 100,000 units for $2.45 per unit and will break even at this level of sales. Fixed expenses will be $85,000. What are the company's variable expenses per unit?
- Lin Corporation has a single product whose selling price is $120 and whose variable expense is $80 perunit. The company’s monthly fixed expense is $50,000.Required:1. Using the equation method, solve for the unit sales that are required to earn a target profit of$10,000.2. Using the formula method, solve for the unit sales that are required to earn a target profit of$15,000.Zest, Inc. produces a product that has a variable cost of $16 per unit. The company's fixed costs are $66,000. The product sells for $30 a unit and the company desires to earn a $44,000 profit. What is the volume of sales in units required to achieve the target profit? a. 5,000 b. 7,858 c. 8,333 d. 12,500. Need answerVirgil Corp. has a selling price of $30 per unit, and variable costs of $20 per unit. When 12,000 units are sold, profits equaled $55,000. How many units must be sold to break-even?
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)