Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs of $633,000, a unit variable cost of $62, and a unit selling price of $92. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize operating income of $147,000. units

Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs of $633,000, a unit variable cost of $62, and a unit selling price of $92. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize operating income of $147,000. units

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Question 5 ) Answer with Formulas
How do I find the dollar sales volume to produce an income of 864,000 before taxes when the maximum capacity with present facilities = 40,000 units, total fixed costs per period = 468,000, variable cost per unit = 128, and sales price per unit = 212?
Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs of $520,800, a unit variable cost of $62, and a unit selling price of $93. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize operating income of $120,900. units
Corme Company expects sales of $34 million (400,000 units). The company’s total fixed costs are $17.5 million and its variable costs are $35 per unit. Prepare a CVP chart from this information.
Break-Even Sales and Cost-Volume-Profit Chart For the coming year, Cleves Company anticipates a unit selling price of $92, a unit variable cost of $46, and fixed costs of $299,000. Required: 1. Compute the anticipated break-even sales (units). units 2. Compute the sales (units) required to realize a target profit of $138,000. units 3. Construct a cost-volume-profit chart on paper, assuming maximum sales of 13,000 units within the relevant range. From your chart, indicate whether each of the following sales levels would produce a profit, a loss, or break-even. $837,200 Profit $745,200 Profit $598,000 Break-even $450,800 Loss Loss $358,800 4. Determine the probable operating income (loss) if sales total 10,400 units. If required, use the minus sign to indicate a loss. Income
For the coming year, Loudermilk Inc. anticipates fixed costs of $600,000, a unit variable cost of $75, and a unit selling price of $125. The maximum sales within the relevant range are $2,500,000. a. Determine the maximum possible operating loss.
54) For the current year ending April 30, MJW Company expects fixed costs of $70,000, a unit variable cost of $60, and a unit selling price of $95. (a) Compute the anticipated break-even sales (units). (b) Compute the sales (units) required to realize an operating profit of $8,000. (a) (b)
Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs of $300,000, a unit variable cost of $41, and a unit selling price of s61. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize operating income of $70,000. units
For the coming year, Cleves Company anticipates a unit selling price of $142, a unit variable cost of $71, and fixed costs of $603,500. Required: 1. Compute the anticipated break-even sales (units).fill in the blank 1 units 2. Compute the sales (units) required to realize a target profit of $298,200.fill in the blank 2 units 3. Construct a cost-volume-profit chart, assuming maximum sales of 17,000 units within the relevant range. From your chart, indicate whether each of the following sales levels would produce a profit, a loss, or break-even. $1,689,800 $1,505,200 $1,207,000 $908,800 $724,200 4. Determine the probable income (loss) from operations if sales total 13,600 units. If required, use the minus sign to indicate a loss.$fill in the blank 8
If fixed costs are $1,337,000, the unit selling price is $228, and the unit variable costs are $110, the amount of sales (units) required to realize an operating income of $233,000 is
For the coming year, Cabinet Inc. anticipates fixed costs of $199,100, a unit variable cost of $70, and a unit selling price of $125. The maximum sales within the relevant range are $912,250. a. Determine the maximum possible operating loss. $ X
Break-even sales and sales to realize operating income For the current year ended March 31, Cosgrove Company expects fixed costs of $723,200, a unit variable cost of $65, and a unit selling price of $97. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize operating income of $166,400. units