Wesley Company manufactures and sells a single product. The company's income statement at sales level of 25,500 units for lastquarter follows:SalesLess: Variable expensesContribution marginLess: Fixed expensesNet operating incomeTotal$1,020,000714,000106,000249,08456,916Required:1. What is the monthly break-even point in units sold and in sales dollars? (Round your Intermediate calculations and final answers tothe nearest whole number.)Break-even point in units soldBreak-even point in sales dollarsBreak evenPoint

The break even point is a point at which total cost and total revenue are equal.At this point there…

Answered: Break-even point in units sold…

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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EXERCISE l: BREAK EVEN POINT IN UNITS AND IN REVENUE Unit selling price 248.00 Unit variable costs (6.00) ($300,000-50,000) $2.00 Unit contribution margin Fixed Costs: $100,000 Calculate the following: 1. Break-even point in units 2. Break-even point in revenue EXERCISE 2: BREAK-EVEN POINT IN UNITS AND IN REVENUE Using the information in Exercise 1, if rent were iıncreased by S25,000 and variable costs and unit selling price remained unchanged, what would be the new PV ratio and break- even point in units and in revenue?
● ● ● 1. If the variable cost is P15/unit, fixed cost is 265,000; and Sales is P55. Find the BEPs, and BEPx. Use the Target Profit Analysis Equation Method Use the algebraic approach. If the Income Statement is: h). 2. Sales (P50 x 10,000 units) Less: Variable Costs (P20 x 10,000 units) Fixed Costs Net Income Compute for the following: Contribution Margin Ratio Break-Even Point in Sales Break-Even Point in Units P200,000 150.000 P500,000 350.000 P150.000
What is the break-even point in sales dollars? Break-even point $
rent Attempt in &rogress If a company sells multiple products, at any level of units sold, net income will be higher if O more fixed expenses are incurred. O more lower contribution margin units are sold than higher contribution margin units. Oweighted-average unit contribution margin decreases. O more higher contribution margin units are sold than lower contribution margin units.
Which will create the most favorable effect in gross profit? A. 10% increase in selling price B. 10% decrease in cost price C. 10% increase in both selling price and cost price D. 20% decrease in selling and administrative expenses
Which will cause the gross profit of last period to vary with the current period: 1. change in sales mix. 2. change in quantity sold. 3. change in units produced. 4. change in production costs. 5. change in unit selling prices 6. change in variable period costs A. 2, 4 and 5 B. 1, 2, 4 and 5 C. 1, 2, 3, 4 and 5 D. 1, 2, 4, 5 and 6
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< Break-Even Point Hilton Inc. sells a product for $100 per unit. The variable cost is $50 per unit, while fixed costs are $962,500. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $105 per unit. a. Break-even point in sales units b. Break-even point if the selling price were increased to $105 per unit units units

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