Complete the following 3 Wk 3 Financial Exercises: Problem Set 2, Part 2 problems using the following ratios: Sales level at which operating income is zero O If sales above breakeven, then profit O If sales below breakeven, then loss O Fixed expenses = total contribution margin Total sales total expenses Break Even Point: Unit Sold = Fixed expenses + Operating Income / Contribution Margin per unit Break Even Point: Sales $ = Fixed expenses + Operating Income / Contribution Margin Ratio Problem 1. Calculate the break even number of units if the fixed expenses are $7,000 and the contribution margin is $14 per unit. 2. Calculate the break even sales dollars if the fixed expenses are $7,000 and the contribution ratio is 40%. 3. Calculate the break even number of units with a target profit of $120,000 if the fixed expenses are $15,000 and the contribution margin is $60 per unit. Answer Insert your answer. Insert your answer. Insert your answer.
Complete the following 3 Wk 3 Financial Exercises: Problem Set 2, Part 2 problems using the following ratios: Sales level at which operating income is zero O If sales above breakeven, then profit O If sales below breakeven, then loss O Fixed expenses = total contribution margin Total sales total expenses Break Even Point: Unit Sold = Fixed expenses + Operating Income / Contribution Margin per unit Break Even Point: Sales $ = Fixed expenses + Operating Income / Contribution Margin Ratio Problem 1. Calculate the break even number of units if the fixed expenses are $7,000 and the contribution margin is $14 per unit. 2. Calculate the break even sales dollars if the fixed expenses are $7,000 and the contribution ratio is 40%. 3. Calculate the break even number of units with a target profit of $120,000 if the fixed expenses are $15,000 and the contribution margin is $60 per unit. Answer Insert your answer. Insert your answer. Insert your answer.
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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