From the following particulars, calculate: Break-even point in terms of units and sales value. Number of units that must be sold to earn a profit of $90,000. Fixed Factory Cost $60,000 Fixed Selling Overhead Cost $20,000 Variable Manufacturing Cost per unit $10 Variable selling cost per unit $5 Selling price per unit $20

From the following particulars, calculate: Break-even point in terms of units and sales value. Number of units that must be sold to earn a profit of $90,000. Fixed Factory Cost $60,000 Fixed Selling Overhead Cost $20,000 Variable Manufacturing Cost per unit $10 Variable selling cost per unit $5 Selling price per unit $20

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

This question has 2 parts.
A manufacturer’s contribution margin income statement for the year follows. Prepare contribution margin income statements for each of the two separate cases below. Unit selling price decreases by 5% and units sold and produced increase by 8%. Hint: A unit increase has both a sales and costs impact. Fixed costs increase by $20,000, variable costs per unit decrease by $2, and units sold and produced increase by 500 Use the table below to figure out the Sales, Variable Cost, Contribution Margin, Fixed Cost, and Income (loss) of each question.
Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 400,000 260,000 140,000 40,000 100,000 Average operating assets $ 500,000 If the company's minimum required rate of return on average operating assets is 16%, its residual income would be: Multiple Choice О $20,000. $21,000. $22,000. $23,000.
This year, FCF Inc. has earnings before interest and taxes of $9,710,000, depreciation expenses of $1,000,000, capital expenditures of $1,200,000, and has increased its net working capital by $600,000. If its tax rate is 35%, what is its free cash flow? The company's free cash flow is $. (Round to two decimal places.)
A surfboard manufacturer lost $500,000 last year during a recession. Total revenue was $5,000,000 and total variable costs were 40% of sales. The production facility ran at 50% capacity. The production manager wants to know the following: a. What is the percent capacity required to break even? b. When the economy recovers this year, if the plant runs at 100% capacity what net income could the company realize? c. There is a possibility that sales could be so strong this year that the plant may be required to run at 120% capacity by offering a lot of overtime to its production workers. This would result in total variable costs rising by 35%. On a strictly financial basis, should the production manager plan to exceed capacity or should he advise top management to freeze production at 100% capacity? Justify your answer. Answer Solution- 9a. 58.3% 9b. $2,500,000 9c. $3,100,000
I. A producer of felt-tip pens has received a forecast of demand of at least 50,000 pens for the coming month from its marketing department. Fixed costs are $20,000 per month, and variable costs are 25 cents per pen. a. Find the break-even quantity the company must produce if pens sell for $1.50 each. b. Find the quantity to be produced to realize a profit of $20,000. 70
21. The income statement for Otto Construction Company appear below: Net sales (all credit sales) $180000 Cost of goods sold 100000 Gross margin 80000 Operating expenses 30000 Interest expense 12000 Income before taxes 38000 Income tax 9500 Net income $28500 Average total assets total $240000. Otto’s income tax rate is 25%.What is the gross margin percentage? (a) 12.5% (b) 15.8% (c) 33.3% (d) 44.4%
Calculate the Producers' Surplus at the indicated unit price p (in dollars) for the given supply equation. p = 100+q; p A. $15,000 B. $35,000 C. $10,000 D. $5,000 = 200
4. The Metropolitan Company sells its latest product at a unit price of $2. Variable costs are estimated to be 40% of the total revenue, while fixed costs amount to $6,000 per month. How many units should the company sell per month to break even?
The following figure shows costs for a current home mortgage versus a refinanced home mortgage. Refinancing has initial costs but results in a lower monthly payment. Which best describes the lines? Total cost ($) 14000 12000- 10000- 8000 6000- 4000 2000 5 6 9 10 Months

Recommended textbooks for you

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

SEE MORE TEXTBOOKS

GET THE APP

About FAQ Academic Integrity Sitemap Document Sitemap

Contact Bartleby Contact Research (Essays)High School Textbooks Literature Guides Concept Explainers by Subject Essay Help Mobile App

GET THE APP

Privacy

Your CA Privacy Rights

Your NV Privacy Rights

Cookie Policy

About Ads

Manage My Data

bartleby, a Learneo, Inc. business

Fixed Factory Cost	$60,000
Fixed Selling Overhead Cost	$20,000
Variable Manufacturing Cost per unit	$10
Variable selling cost per unit	$5
Selling price per unit	$20