Calculate the missing values. Express dollar values rounded to two decimal places and break-even volumes rounded up to the next integer. Fixed Cost (FC) per monthVariable Cost (VC) per unitSelling Price (S) per unitBreak-even Volume (x) per monthTotal Variable Cost at Break-even (TVC) per monthTotal Revenue (TR) per month at Break-Even$8,600.00$25.00$38.00 $129,000.00$490.00 1,010 $730.00 $79.0024 $33.00$55.00403

Break-even quantity is that quantity at which total revenue is equal to the total costs. At this…

Answered: Calculate the missing values. Express…

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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Calculate the missing values. Express dollar values rounded to two decimal places and break-even volumes rounded up to the next integer. Fixed Cost (FC) per month Variable Cost (VC) per unit Selling Price (S) per unit Break-even Volume (x) per month Total Variable Cost at Break-even (TVC) per month Total Revenue (TR) per month at Break-Even $8,600.00 $24.00 $39.00 $127,000.00 $450.00 1,010 $730.00 $78.00 25 $31.00 $52.00 420
Calculate amount of sales when variable costs are equal to 2/5th of sales and fixed costs are equal to 150,000. Ans: 250000. ABC Enterprises Corporation's single product appear below: Selling Price Per Unit Rs. 150 Variable Expense Per Unit 90 Fixed Expenses for the month 424,840 The unit sales to attain the company's monthly target profit of Rs. 50,000 is closest to
A company reported the following data: • Sales price per unit: $10 • Fixed cost per month: $20,000 Variable cost per unit: $2 How many units must this company sell each month in order to reach a target profit of $50,000?
If fixed costs are $801,000 and variable costs are 66% of sales, the break-even point in sales dollars is a. $528,660 b. $3,156,882 c. $2,355,882 d. $1,329,660
6.Dalian Company provides the following information: Price per unit $20.00 Variable cost per unit $8.00 Fixed costs per month: $15,000 What is the break-even point in terms of units sold? Select one: A.1,875 B.1,250 C.1,200 D.1,150
For the past year, Cline Company had fixed costs of $6,552,000, a unit variable cost of $444, and a unit selling price of $600. For the coming year, no changes are expected in revenues and costs except that a new wage contract will increase variable costs by $6 per unit. a. Determine the break-even sales (in units) for the past year.fill in the blank 1 units b. Determine the break-even sales (in units) for the coming year.fill in the blank 2 units
variable expense is $12 per unit. The company Required: 1. 2. 3. 4. Solve for the company's break-even point in unit sales using the equation method. Solve for the company's break-even point in sales dollars using the equation method and CM ratio. Solve for the company's break-even point in unit sales using the formula method. Solve for the company's break-even point in sales dollars using the formula method and CM ratio. EXERCISE 6-8 Compute the Margin of Safety [LO7] Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning next month's budget appear below: Selling price $30 per unit Variable expenses $20 per unit Fixed expenses Unit sales $7,500 per month 1,000 units per month Required: 1. Compute the company's margin of safety. 2. Compute the company's margin of safety as a percentage of its sales. EXERCISE 6-9 Compute and Use the Degree of Operating Leverage [L08] Engberg Company installs lawn sod in home yards. The company's most recent…
X Ltd. has annual sales of 10,000 units at $300 per unit. The annual fixed costs amount to $300,000. The variable cost is $200 per unit. The current credit period is 1 month. The company is considering a proposal to increase the credit period. Fixed cost will increase by $60,000 on account of increase in sales beyond 25% of present level. The company plans a pre-tax return of 15% on investment in receivables. Requirements: 1. Calculate the most paying credit policy for the company. 2. Analyze the results in detail.
In March, James Electronics had sales of $2,550,000 (25,500 units), total variable expenses of $1,275,000, and total fixed expenses of $825,000. Required: 1. What is the company's CM ratio? CM ratio % A 2. Using the CM ratio, calculate the break-even level of sales in dollars. Break-even level of sales in dollor 3. What is the break-even level of sales in units? Break-even level of sales in units units
Calculate the missing values. Express dollar values rounded to twe decimal places and break-even volumes rounded up to the next integer. Fixed Cost (FC) per month Variable Cost (VC) per unit Selling Price (S) per unit Break-even Total Variable Volume (x) per month Cost at Break-even (TVC) per month Total Revenue (TR) per month at Break-Even $8,700.00 $24.00 $36.00 $130,000.00 $470.00 1,030 $740,00 $79.00 22 $31.00 $53.00 440 SAVE P 11°C 23
Revenue per Unit $10.00 Commission (variable cost) $1.00 Fill in highlighted cells while including formulas used. 1) What is the contribution margin per unit? 2) What is the break even point per month? 3) With salary of $4,000/month, what is the break even point?
please answer my question quickly. Thanks

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Fixed Cost (FC) per month	Variable Cost (VC) per unit	Selling Price (S) per unit	Break-even Volume (x) per month	Total Variable Cost at Break-even (TVC) per month	Total Revenue (TR) per month at Break-Even
$8,600.00	$25.00	$38.00
$129,000.00	$490.00		1,010
$730.00		$79.00	24
	$33.00	$55.00	403