Eastland Corp. had total variable costs of $155,306, total fixed costs of $119,500, and total revenues of $254,600. a. Calculate contribution margin ratio. b. Compute the required sales in dollars to break-even.
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- Cullumber Corp. had total variable costs of $247,500, total fixed costs of $193,500, and total revenues of $450,000.Compute the required sales in dollars to break even. Required sales $enter the required sales in dollarsA company has sales of $1,000,000, variable costs of $250,000, and fixed costs of $600,000. Compute the following: 1. Contribution margin ratio. 2. Break-even sales volume. 3. Margin of safety ratio. 4. Net operating income percentage.APPLY THE CONCEPTS: Target income (sales revenue) Another useful method for figuring out the type of performance your company will need to reach a target income is by using sales revenue. Rather than using the number of units, this method uses total sales revenue. In companies for which the total set of goods produced and sold is more varied, this would be the preferred method, as opposed to a business in which only one product is sold. Assume a company has pricing and cost information as follows: Price and Cost Information Amount Selling Price per Unit $30 Variable Cost per Unit $15 Total Fixed Cost $15,000 For the upcoming period, the company wishes to generate operating income of $40,000. Given the cost and pricing structure for the company's product, how much sales revenue must it generate to attain its target income? Step 1: Calculate the contribution margin ratio: The contribution margin ratio is the contribution margin in proportion to the selling price on a per-unit basis.…
- Pharoah Corp. had total variable costs of $179,400, total fixed costs of $74,400, and total revenues of $260,000.Compute the required sales dollars to break even. Required sales $ enter the required sales in dollarsBlossom Corp. had total variable costs of $137,500, total fixed costs of $103,500, and total revenues of $250,000.Compute the required sales in dollars to break even. Required sales $enter the required sales in dollarsPrearcan CVBA's income statement shows the following: Sales Revenue: $9,121,000 Variable Costs: 4,797,000 Fixed Costs: 3,946,000 If unit sales were 5,000, the contribution margin per unit to the nearest cent is : $
- Need help with this questionThe average contribution margin per unit for products a, b, and c is 9,50, and 44, respectively. The sales mix was already considered in the calculation of the average contribution margin per unit. The sum of those is the weighted average contribution margin. The fixed costs are $3,117,835. What is the break-even point in units, rounding to the nearest whole unit?Blossom Company has a unit selling price of $590, unit variable costs of $350, and fixed costs of $348,960. Compute the break-even point in sales units using (a) the mathematical equation and (b) unit contribution margin. (a) Mathematical Equation Break-even point units (b) Unit contribution margin units
- Pharoah Company has a unit selling price of $576, variable costs per unit of $324, and fixed costs of $183,456. Compute the break-even point in units using (a) the mathematical equation and (b) unit contribution margin. Break-even point (a) Mathematical Equation (b) Unit contribution margin units unitsNeed answerAssume that the linear cost and revenue models apply. An item costs $13 to make. If fixed costs are $1600 and profits are $5700 when 100 items are made and sold, find the revenue equation. (Let x be the number of items.)R(x) =