Calculate the missing values. Express dollar values rounded to twe decimal places andbreak-even volumes rounded up to the next integer.Fixed Cost(FC) permonthVariableCost (VC)per unitSellingPrice (S)per unitBreak-even Total VariableVolume (x)per monthCost atBreak-even(TVC) permonthTotalRevenue (TR)per month atBreak-Even$8,700.00$24.00$36.00$130,000.00$470.001,030$740,00$79.0022$31.00$53.00440SAVE P11°C23

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Answered: Calculate the missing values. Express…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Saucier & Co. currently sells 1,400 units a month for total monthly sales of $98,500. The company is considering replacing its current cash only credit policy with a net 30 policy. The variable cost per unit is $18 and the monthly interest rate is 1.1 percent. What is the switch break-even level of sales? Assume the selling price per unit and the variable costs per unit remain constant. A. 1,743 units B. 1,467 units C. 1,421 units D. 1,406 units E. 1,548 units
2
How many units would have to be sold each month to attain a target profit of 35,400
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
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
If fixed costs are $729,000 and variable costs are 60% of sales, what is the break-even point in sales dollars? Oa. $1,822,500 Ob. $2,551,500 Oc. $437,400 Od. $1,166,400
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…
For the current year ending October 31, Papadakis Company expects fixed costs of $530,200, a unit variable cost of $46, and a unit selling price of $68. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize a target profit of $121,000. units
Calculate the breakeven revenue (see Ch 5 p 107) where Total fixed costs are $78,000 and Gross profit is $250,000 and net sales is $375,000
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