Can you please provide correct answer the general accounting question? During FY 2024, Lexington Industries plans to sellGadgets for $15 per unit. Current variable costsare $6 per unit, and fixed costs are expected tototal $165,000.Use this information to determine the dollar valueof sales for Lexington Industries to break even.(Round to the nearest whole dollar.)

Step 1: Define Break-Even Sales in DollarsBreak-Even Sales in Dollars is the amount of sales revenue…

Answered: During FY 2024, Lexington Industries…

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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During FY 2020, Dorchester Company plans to sell Widgets for $14 a unit. Current variable costs are $6 a unit and fixed costs are expected to total $146,000. Use this information to determine the dollar value of sales for Dorchester to break even. (Round to the nearest whole dollar.)
Solve this general accounting question
???
In 2020, National Co. sold 1,000 units at P500 each, and earned net income of P40,000. Variable expenses were P300 per unit, and fixed expenses were P160,000. The same selling price is expected for 2021. National Co.’s variable cost per unit will rise by 10% in 2021 due to increasing material costs, so they are tentatively planning to cut fixed costs by P10,000. How many units must National Co. sell in 2021 to maintain the same income level as 2020?
Find units?
Use this information to determine the number of units
In 2019, Vaughn sold 3000 units at $500 each. Variable expenses were $250 per unit, and fixed expenses were $490000. The same selling price is expected for 2020. Vaughn is tentatively planning to invest in equipment that would increase fixed costs by 20%, while decreasing variable costs per unit by 20%. What is Vaughn’s break-even point in units for 2020? 2450. 2352. 2940. 1960.
Sky City Company sells kites for $17.00 per kite. In FY 2024, total fixed costs are expected to be $260,000, and variable costs are estimated at $12.25 a unit. Sky City Company wants to have an FY 2024 operating income of $75,000. Use this information to determine the number of units of kites that Sky City Company must sell in FY 2024 to meet this goal. (Don’t round-up unit calculation) solve the problem
Units? Find out
PT Manunggal sells its production during 2022 as many as 15,000 units with a selling price of Rp. 10,000 per unit. To produce 15,000 units, the fixed costs are Rp. 50 million and variable costs are Rp. 4,000 per unit. For 2023, it is estimated that the number of units sold will increase by 10%. Requested: Assuming the selling price, fixed costs and variable costs do not change, calculate the estimated operating profit/loss for 2023. Notes : Write it down along with the complete way of working
Lipsion Ltd company is thinking about investing in one of two potential new productsfor sale. The projections are as follows: year revenue/ product s revenue/ product v0 (150,000) outlay (150000) outlay1 14000 150002 24000 253333 44000 520004 84000 63333 Calculate NPV of both products (to 1 d.p.) assuming a discount rate of 7%. Then decide which product should be selected and why ?
A company is considering buying a CNCmachine. In today’s dollars, it is estimated that themaintenance costs for the machine (paid at the endof each year) will be $25,000, $26,000, $28,000,$30,000, and $32,000 for years 1 to 5, respectively.The general inflation rate ( f ) is estimated to be5% per year, and the company will receive 13%return (interest) per year on its invested funds during the inflationary period. The company wants topay for maintenance expenses in equivalent equalpayments (in actual dollars) at the end of each ofthe five years. Find the amount of the company’spayments

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