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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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
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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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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.)
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Maple Enterprises sells a single product with a selling price of $94 and variable costs per unit of $32. The company’s monthly fixed expenses are $15,846. What dollar sales will Maple need in order to reach a target profit of $22,657? Round to the nearest whole dollar, no decimals.

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