Excel hardware is introducing a new product on a new product line of capacity 1710 unitsper week at a production cost of $54 per unit. Fixed costs are $21318 per week. Variableselling and shipping costs are estimated to be $40 per unit. Excel plan to market the newproduct at $113 per unit. What would be the weekly net income at 72% of the capacity?Answer to the nearest dollar. Do not use commas or dollar signs. Use a minus sign ifnegative, for example -6500Answer:

Income statement is a financial statement that shows profitability, total revenue and total…

Answered: Excel hardware is introducing a new…

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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A door manufacturer decides to sell each door for $ 479. It has a manufacturing cost ofdoor is $ 237 and fixed costs are $ 4,114 a week.1. How many doors should you produce and sell each week in order to guaranteethe business to break even?2. If you sell 65 doors per month you could guarantee your breakeven point. Explain your answer.
Mauro Products distributes a single product, a woven basket whose selling price is $29 per unit and whose variable expense is $25 per unit. The company's monthly fixed expense is $8,000. Required: 1. Calculate the company's break-even point in unit sales. 2. Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.) 1. Break-even point in unit sales 2. Break-even point in dollar sales 3. Break-even point in unit sales 3. Break-even point in dollar sales baskets baskets
Mauro Products distributes a single product, a woven basket whose selling price is $26 per unit and whose variable expense is $22 per unit. The company's monthly fixed expense is $5,600. Required: 1. Calculate the company's break-even point in unit sales. 2. Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.)
Warner clothing is considering the introudciton fo a new baseball cap for sales by local vendors. The comapny has collected the following price and cost characteristics. A. What number must Warner sell per month to break even? B. What number must Warner sell per month to make an operating profit of $30,000?
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A compnay distributes a single product whose selling price is $16 per unit and whose variable expense is $12 per unit. The compnays monthly fixed expense is $10,800. Calculate the company's break even point in unit sales. Calculate the copmany's break even point in dollar sales. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? in dollar sales? Break-Even point in unit sales _________________baskets Break-Even point in dollar sales Break-Even point in unit sales _________________baskets Break-Even point in dollar sales
Mauro Products distributes a single product, a woven basket whose selling price is $18 per unit and whose variable expense is $13 per unit. The company's monthly fixed expense is $10,000. Required: 1. Calculate the company's break-even point in unit sales. 2. Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.) 1. Break-even point in unit sales baskets 2. Break-even point in dollar sales 3. Break-even point in unit sales baskets 3. Break-even point in dollar sales
Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The company’s monthly fixed expense is $31,600. Required: 1. Calculate the unit sales needed to attain a target profit of $8,300. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $10,000. (Round your intermediate calculations to the nearest whole number.)
Zeke Company sells a single product. The selling price per unit is $32 and unit variable cost is $24. Fixed costs for the year are $100,200. What if selling price goes up by 13%, variable costs go up by 11% and fixed costs go up by 13%? What is the new breakeven point in units? Do not round any intermediate calculations. Round your final answer up to the nearest whole number.
Herro, Inc. sells Product TH14 for $57.00 per unit. Variable costs for Product TH14 are $41.00 per unit, and monthly fixed costs are $467,000. If Herro desires a monthly net income of $14,000, how many units of Product TH 14 must be sold per month?
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