Glow Up Co. sells one product for $25. The variable cost is 70% of the selling price, and fixed costs are $105,000. What is the break- even point in units?
Q: Please help me solve this general accounting question using the right accounting principles.
A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) measures the profitability of a…
Q: what is the componys debt to equity ratio ? fast answer please
A: Solution: Step 1: Understand what the debt-to-equity ratio means.The debt-to-equity ratio measures…
Q: Solve this MCQ
A: Explanation of Right-of-Use Asset: A right-of-use asset represents a lessee's right to use an…
Q: give me true answer
A: A conversion premium is the extra cost an investor pays for a convertible bond over what he or she…
Q: I need help with this general accounting problem using proper accounting guidelines.
A: Step 1: Definition of Break-Even Point (in Units):The break-even point in units represents the exact…
Q: Can you help me solve this general accounting problem using the correct accounting process?
A: To calculate the Capital Gains Yield (CGY), use this formula: CGY = (Selling Price - Purchase Price)…
Q: Assume there are 365 days in a month year
A: To calculate the level of accounts receivable, use the formula: Accounts Receivable = DSO × Average…
Q: Solve this
A: Explanation of Total Asset Turnover: Total asset turnover is a financial ratio that measures how…
Q: Explain the difference between the accrual basis and cash basis of accounting. What are the…
A: Explanation Of Accrual Basis AccountingAccrual basis accounting records revenues when they are…
Q: degree of operating leverage ?? accounting
A: Step 1: Definition of Degree of Operating Leverage (DOL)Degree of Operating Leverage (DOL) refers to…
Q: I am searching for the accurate solution to this financial accounting problem with the right…
A: Step 1: Define Net IncomeNet income is the profit a company earns after deducting all expenses,…
Q: Need help this question accounting
A: Step 1: Definition of Over-Applied OverheadOver-applied overhead occurs when the overhead applied to…
Q: Explain the difference between the accrual basis and cash basis of accounting. What are the…
A: Difference Between Accrual Basis and Cash Basis AccountingAccrual Basis Accounting: Accrual…
Q: Financial accounting
A: Step 1: Definition of Contribution Margin Impact on ProfitThe Contribution Margin's Impact on Profit…
Q: Don't use any tool.If value is not clear then please comment i will write values dont solve…
A: 1. Charlotte Metals - Cost of Goods Sold (COGS)Given:Beginning Inventory =$950,600Ending Inventory =…
Q: I am searching for the correct answer to this general accounting problem with proper accounting…
A: Step 1: Define Contribution Margin and Operating ProfitContribution Margin per Unit: The amount by…
Q: I need help solving this general accounting question with the proper methodology.
A: Step 1: Definition of Return on Equity (ROE)Return on Equity (ROE) is a financial metric that…
Q: Accounting
A: Step 1: Definition of Stockholders' EquityStockholders' equity represents the owners' residual…
Q: Can you solve this general accounting question with accurate accounting calculations?
A: Step 1: Definition of Days Sales Outstanding (DSO)Days Sales Outstanding (DSO) is a metric that…
Q: Financial Accounting
A: To calculate the ending inventory using the weighted-average inventory method, follow these steps:…
Q: Accounting
A: Step 1: Definition of Break-Even and Target Profit AnalysisTarget profit analysis determines the…
Q: Solve this Accounting 4 POINTS
A: Explanation of Revenue Accounts:Revenue accounts track the income a company earns from its normal…
Q: I need help with this general accounting question using standard accounting techniques.
A: Step 1: Definitions Concept of Prime Costs:Prime costs are the sum of direct materials and direct…
Q: What amount of current liabilities does this firm have?
A: Explanation of Current assets:Current assets are resources that a company expects to convert into…
Q: none
A: To calculate operating leverage, find the ratio of contribution margin to profit.First, identify the…
Q: Please given true option please provide general accounting question solution
A: Step 1: Definition of Cost of Goods Sold (COGS)Cost of Goods Sold represents the direct costs of…
Q: What would be the amount of total liabilities.
A: Provided Data:Total assets = $32,600Total liabilities = $19,800Step 1: Key DefinitionsDefinition of…
Q: Sales reported on the income statement were $310,500. The accounts receivable balance declined by…
A: Concept of Sales (Revenue):Sales, also known as revenue, represent the total amount earned by a…
Q: What is the variable overhead efficiency for the month?
A: Step 1: Definition of Variable Overhead Efficiency VarianceThis variance measures the efficiency of…
Q: What is total stockholder's equity?
A: Step 1: DefinitionsConcept of Stockholders' Equity:Stockholders' equity represents the residual…
Q: ABC Manufacturing uses weighted average method for inventory valuation. Beginning inventory was 200…
A: Explanation of Weighted average methodThe weighted average method is an inventory valuation…
Q: Solve this problem
A: Explanation of Gross Profit:Gross profit is the difference between a company's revenue from sales…
Q: Solve this Accounting problem
A: Explanation of Average Collection Period:The average collection period refers to the average number…
Q: Please explain the solution to this general accounting problem with accurate principles.
A: Step 1: Define Inventory ValuationInventory valuation is the process of assigning a monetary value…
Q: Can you solve this general accounting question with the appropriate accounting analysis techniques?
A: Step 1: Definition of Cost of Goods Sold (COGS)Cost of Goods Sold is the total cost incurred to…
Q: Need help in this question can you help me..?
A: Given:Current Ratio = 2.8Acid-Test Ratio = 1.2Working Capital = $420,000a. How much does the firm…
Q: Accurate answer
A: Step 1: Definition of FIFO MethodFIFO (First-In, First-Out) is an inventory costing method where the…
Q: What is the maturity value of the note on Mar.1?
A: To determine the maturity value of the note, we'll calculate the interest on the note and then add…
Q: Beta Ltd. manufactures a product and has provided the following contribution format income…
A: Step 1: Definition of Contribution MarginContribution Margin is the amount remaining from sales…
Q: Which of the following is a characteristic of process cost accounting system? Material, Labor and…
A: The correct answer is:"Opening and Closing stock of work in process are related in terms of…
Q: Hi expert please given correct answer with accounting question
A: Step 1: Definition of Operating LeverageOperating leverage measures how sensitive a company's…
Q: Financial Accounting
A: Step 1: Definition of Preferred Dividends Preferred dividends are payments made to preferred…
Q: None
A: Step 1: Define Margin of Safety (MOS)Margin of Safety (MOS) is the amount by which actual or…
Q: If Radian Enterprises has revenue = $160 and variable cost = 40% of revenue, then contribution…
A: Step 1: DefinitionsConcept of Revenue:Revenue is the total amount of money a company earns from…
Q: Calculate the ending merchandise inventory on December 31, 2023, using the lower-of-cost-or-market…
A: Concept of Perpetual Inventory System:The perpetual inventory system is an accounting method that…
Q: Can you guide me through solving this financial accounting problem using proper techniques?
A: Step 1: Definition of Current RatioThe Current Ratio is a key liquidity metric used to assess a…
Q: How many units were transferred to the next processing department during the month?
A: Step 1: Definition of Units Transferred OutUnits Transferred Out refers to the number of units that…
Q: I am searching for the accurate solution to this general accounting problem with the right approach.
A: To calculate the predetermined overhead rate, use this formula:Predetermined Overhead Rate =…
Q: Solve this questions
A: Step 1: Definition of Average Collection PeriodThe average collection period measures the average…
Q: Lego Designs reported a net income of $62,000 for the year. The beginning owner's equity was…
A: Step 1: DefinitionsConcept of Owner's Equity:Owner's equity represents the owner's claim on the…
I am looking for the correct answer to this financial accounting problem using valid accounting standards.


Step by step
Solved in 2 steps

- Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are $15,250. Delta Co.s tax rate is 36% and the company wants to earn $44,000 after taxes. What would be Deltas desired pre-tax income? What would be break-even point in units to reach the income goal of $44,000 after taxes? What would be break-even point in sales dollars to reach the income goal of $44000 after taxes? Create a contribution margin income statement to show that the break-even point calculated in B, generates the desired after-tax income.If a company has fixed costs of $6.000 per month and their product that sells for $200 has a contribution margin ratio of 30%, how many units must they sell in order to break even? A. 100 B. 180 C. 200 D. 2,000Faldo Company produces a single product. The projected income statement for the coming year, based on sales of 200,000 units, is as follows: Required: 1. Compute the unit contribution margin and the units that must be sold to break even. Suppose that 30,000 units are sold above the break-even point. What is the profit? 2. Compute the contribution margin ratio and the break-even point in dollars. Suppose that revenues are 200,000 greater than expected. What would the total profit be? 3. Compute the margin of safety in sales revenue. 4. Compute the operating leverage. Compute the new profit level if sales are 20 percent higher than expected. 5. How many units must be sold to earn a profit equal to 10 percent of sales? 6. Assume the income tax rate is 40 percent. How many units must be sold to earn an after-tax profit of 180,000?
- Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90. The companys monthly fixed expenses are $180,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of October when they will sell 10,000 units. How many units will Cadre need to sell in order to realize a target profit of $300,000? What dollar sales will Cadre need to generate in order to realize a target profit of $300,000? Construct a contribution margin income statement for the month of August that reflects $2,400,000 in sales revenue for Cadre, Inc.Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The companys monthly fixed expenses are $22,500. What is the companys break-even point in units? What is the companys break-even point in dollars? Construct a contribution margin income statement for the month of September when they will sell 900 units. How many units will Maple need to sell in order to reach a target profit of $45,000? What dollar sales will Maple need in order to reach a target profit of $45,000? Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.Schylar Pharmaceuticals, Inc., plans to sell 130,000 units of antibiotic at an average price of 22 each in the coming year. Total variable costs equal 1,086,800. Total fixed costs equal 8,000,000. (Round all ratios to four significant digits, and round all dollar amounts to the nearest dollar.) Required: 1. What is the contribution margin per unit? What is the contribution margin ratio? 2. Calculate the sales revenue needed to break even. 3. Calculate the sales revenue needed to achieve a target profit of 245,000. 4. What if the average price per unit increased to 23.50? Recalculate: a. Contribution margin per unit b. Contribution margin ratio (rounded to four decimal places) c. Sales revenue needed to break even d. Sales revenue needed to achieve a target profit of 245,000
- Radison Inc. sells a product for $40 per unit. The variable cost is $20 per unit, while fixed costs are $83,200. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $46 per unit.Lablanc Inc. sells a product for $60 per unit. The variable cost is $34 per unit, while fixed cost are $108,160. Determine (a) the break-even point in sales unit (b) the break-even point if the selling price weee increases to $66 per unit.XYZ Corporation produces a product that sells for $30 per unit. The variable cost per unit is $18. Fixed costs for the year are $72,000. a) What is the contribution margin per unit? b) What is the contribution margin ratio? c) What is the break-even sales in dollars?



