Calculate the number of units that must be sold in order to realize an operating income of $139,000 when fixed costs are $440,000 and unit contribution margin is $20. a. 30,350 units b. 28,950 units c. 31,550 units d. 29,650 units

Calculate the number of units that must be sold in order to realize an operating income of $139,000 when fixed costs are $440,000 and unit contribution margin is $20. a. 30,350 units b. 28,950 units c. 31,550 units d. 29,650 units

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 2BE: Contribution margin Waite Company sells 250,000 units at 120 per unit. Variable costs are 78 per...

See similar textbooks

Related questions

Q: Please Provide Correct answer of this question

A: 1. First, let's calculate the current dividend yield: Dividend Yield = Annual Dividend / Share…

Q: Provide general accounting question answer

A: Step 1: Define Contribution MarginThe contribution margin is the surplus of the selling price over…

Q: Need answer the accounting question

A: Step 1: Define Work in processWork in process (WIP) refers to those inventories that are unfinished…

Q: Please need answer the accounting question

A: Step 1: Introduction to the Sales of a Target ProfitIn business, the cost-volume-profit analysis…

Q: Managerial Accounting

A: Step 1: Introduction to the Absorption CostingAbsorption and variable costing are two costing…

Q: Please give me correct answer

A: Formula:PV = C * [(1 - (1 + r)^(-n)) / r] + FV / (1 + r)^n Where:PV is the present value C is the…

Q: Managerial accounting

A: Explanation: To calculate the amount to be invested at 8% for 3 years to get the amount of $400,000…

Q: Hello tutor can you answer this question?

A: Step 1: Introduction to the Balance SheetA balance sheet is a financial statement that shows the…

Q: Need help

A: Step 1: Introduction to the EBITThe EBIT stands for earnings before interest and taxes and it may or…

Q: General Accounting question give answer

A: Step 1: What is the length of the firm's cash conversion cycle? Formula: Cash Conversion…

Q: Can you please give me correct answer for this accounting question

A: Step 1: Define Profit MarginBusiness establishments use profit margin to identify the ratio of…

Q: 10.3 Identify whether the following costs would be expensed (E) or capitalized (C) Lawyer fees…

A: Lawyer fees related to the successful defense of a patent:These fees are capitalized because they…

Q: General Accounting

A: Step 1:Accounting equation is called the Balance Sheet Equation which shows that total assets are…

Q: Solve this problem

A: Step 1: Define Asset DisposalWhen a company decides that an asset is no longer useful or necessary,…

Q: Data concerning Cutshall Enterprises Corporation's single product appear below: Selling price per…

A: Given:Selling price per unit = $225Variable expense per unit = $98Fixed expenses per month =…

Q: Hello tutor provide answer the accounting question

A: Step 1: Define Absorption CostingAbsorption costing is used by manufacturing companies to calculate…

Q: 7.2 Westwind Corporation purchased 400 common shares of Dudley Inc. for $13,200 on February 21.…

A: Summary of Entries1. Purchase of Shares:• Dr: Investment in Dudley Inc. Shares $13,332• Cr: Cash…

Q: What is the operating cash flow? Give correct calculation

A: Pro Forma Income StatementSales = $450,000Variable Costs = 40% of Sales = 0.40 * $450,000 =…

Q: Please do fast and don't use ai to answer

A: Product Margin = Revenue - Product Cost Product Margin % = Product Margin/ Revenue

Q: Managerial accounting

A: Under the absorption costing method, all the variable and fixed factory overheads need to be…

Q: Imagine that you realize that the firm you are working for does not have good documentation for its…

A: Efficient documentation is crucial for accurately capturing the structure and functioning of the…

Q: Please need answer the accounting question

A: To find the amount Taraz Aina must pay right now to completely satisfy her obligation under this…

Q: The condensed financial statements for Aylmer Inc and London Co for the year ended December 31, Year…

A: Cash:The cash balance is the sum of Aylmer and London's cash, adjusted for broker fees ($26,590) and…

Q: The life (in months) of a certain computer component has a probability density function defined by…

Q: Give true answer don't use chatgpt

A: Step 1: Define Capital AssetFirms purchase capital assets to run their business operation and…

Q: On July 10, 2025, Cullumber Music sold CDs to retailers on account and recorded sales revenue of…

A: Working Note:Cost of goods returnFormula:Cost of returns=Sales returns×Cost of good sold…

Q: Please need answer

A: Step 1: Introduction to the Adjusting EntriesPrepayments require adjustments when the expense for…

Q: Astro Company sold 21,000 units of its only product and reported income of $84,800 for the current…

A: Current fixed costs: $83,200Increase in fixed costs: $152,000New fixed costs: $83,200 + $152,000 =…

Q: Give correct answer the general accounting question

A: Step 1: Introduction to the Contribution Margin RatioThe contribution margin ratio (CMR) is a key…

Q: What is the current ratio if a company has current assets of $150,000 and current liabilities of…

A: Explanation of Current Ratio:The current ratio is a financial metric used to assess a company's…

Q: Provide solution for general accounting question

A: Step 1: Define Return On EquityReturn on equity (ROE) is a two-part ratio that includes the figure…

Q: FINANCIAL/GENERAL ACCOUNTING

A: The right answer is the Revenue Recognition Principle because it talks about when to recognize…

Q: Detailed explanation

A: Explanation of Accrual Accounting: Accrual accounting recognizes revenue when it is earned and…

Q: Accounting Question

A: Step 1: Initial Equity CalculationUsing the given debt-to-assets ratio of 44%, we first calculated…

Q: None

A: To calculate the firm's ROE using the DuPont equation, we need to break it down into its three…

Q: Integrative Exercise Cost System Choice, Budgeting, Variance Analysis, Product Costing, and Data…

A: First, we need to calculate the costs for each of the four manufacturing cost inputs using the…

Q: Good morning, Can somone help me with this? I am having a hard time on how to figure out the…

A: Preparation of inventory report by using the weighted average cost method is as follows:…

Q: General Accounting

A: Step 1: Define Monthly Loan PaymentsWhen a borrower obtains a mortgage to fund the purchase of a…

Q: Not use ai please don't

A: Step 1:To calculate the required number of units to be sold to earn desired profit will be…

Q: Give true answer for this accounting question

A: Explanation: The equivalent units are sum of complete units and incomplete units adjusted for their…

Q: If you give me wrong answer, I will give you UN helpful rate.

A: Current Debt & Equity:Debt-to-assets ratio = 44%Debt = $355,000 × 44% = $156,200Equity =…

Q: Need answer the accounting question

A: Step 1: Define InventoryInventory is the greatest and regarded as the main asset of any business…

Q: Need help

A: The amount of equity required to finance the company's entire asset base is decreased by the debt…

Q: Provide answer this accounting question

A: Step 1: Introduction to the Standard or Budgeted QuantityIn accounting, the standard or budgeted…

Q: Calculate the following ratios for Year 4 and Year 3. Since Year 2 numbers are not presented do not…

A: Sure, I can help you calculate the ratios for year 4 and year 3 based on the financial statements…

Q: apna

A: Approach to solving the question: Detailed explanation: Examples: Key references:Philosophy

Q: ces EcoMart establishes a $1,800 petty cash fund on May 2. On May 30, the fund shows $734 in cash…

A: Step 1:May 2: Entry to Establish the Petty Cash FundScenario:EcoMart decides to set up a petty cash…

Q: Give true answer this general accounting question

A: Step 1: Define Annual SalesAnnual sales are the sum of all the sales made during the year. The act…

Q: Not use ai please don't

A: To solve the problem regarding the increase in earnings per share based on a 7% increase in sales,…

Q: Accounting

A: Step 1: Straight-Line Depreciation MethodStep 2: Units-of-Production Depreciation MethodStep 3:…

Question

Need help with this accounting question

Calculate the number of units that must be
sold in order to realize an operating income
of $139,000 when fixed costs are $440,000
and unit contribution margin is $20.
a. 30,350 units
b. 28,950 units
c. 31,550 units
d. 29,650 units

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Calculate the number of units that must be sold in order to realize an operating income of $153,000 when fixed costs are $440,000 and unit contribution margin is $20. a. 29,650 units b. 30,350 units c. 28,950 units d. 31,550 units
If fixed costs are $1,200,000, the unit selling price is $240, and the unit variable costs are $110, what is the amount of sales required to realize an operating income of $200,000? Answer a. 12,000 units b. 5,833 units c. 10,769 units d. 9,231 units
If fixed costs are $1,429,000, the unit selling price is $238, and the unit variable costs are $100, what is the amount of sales required to realize an operating income of $244,000? Oa. 14,290 units Ob. 2,440 units Oc. 6,004 units Od. 12,123 units
If fixed costs are $1,239,000, the unit selling price is $236, and the unit variable costs are $106, the amount of sales (units) required to realize an operating income of $195,000 is Oa. 5,250 units Ob. 11,689 units Oc. 1,840 units Od. 11,031 units
If fixed costs are $1,472,000, the unit selling price is $236, and the unit variable costs are $110, what is the amount of sales in units (rounded to a whole number) required to realize an operating income of $233,000? a.13,382 units b.2,118 units c.6,237 units d.13,532 units
If fixed costs are $1,334,000, the unit selling price is $240, and the unit variable costs are $109, what is the amount of sales required to realize an operating income of $221,000? a.5,558 units b.2,028 units c.12,239 units d.11,870 units
If fixed costs are $1,476,000, the unit selling price is $237, and the unit variable costs are $101, the amount of sales in units (rounded to the nearest whole unit) required to realize an operating income of $243,000 is a. 6,228 units b. 2,406 units c. 14,614 units d. 12,640 units
If fixed costs are $1,343,000, the unit selling price is $235, and the unit variable costs are $102, the amount of sales in units (rounded to the nearest whole unit) required to realize an operating income of $210,000 is Oa. 13,167 units Ob. 2,059 units Oc. 5,715 units Od. 11,677 units
Consider the following: Fixed expenses P78,000; Unit contribution margin 12;Target net profit 42,000. How many unit sales are required to earn the target net profit? A. 15,000 unitsB. 10,000 unitsC. 12,800 unitsD. 20,000 units
If fixed costs are $1,500,000, the unit selling price is $232, and the unit variable costs are $105, what is the amount of sales in units (rounded to a whole number) required to realize a target profit of $240,000? Oa. 13,701 units Ob. 14,286 units Oc. 6,466 units Od. 2,286 units
Piper Technology's fixed costs are $1,500,000, the unit selling price is $250, and the unit variable costs are $130. The amount of sales required to realize an operating income of $200,000 is a.14,167 units b.12,500 units c.16,000 units d.11,538 units
1.