I need help with this solution and accounting question Horizon Manufacturing has fixed costs of $72,000 per month. Each unit oftheir product sells for $90, and the variable cost per unit is $54.⚫ How many units must be sold to break even?•What would be the total revenue at the break-even point?

Step 1: Definition of Break-Even PointThe break-even point is the level of sales at which total…

Answered: Horizon Manufacturing has fixed costs…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6MC: If a company has fixed costs of $6.000 per month and their product that sells for $200 has a...

See similar textbooks

Similar questions

Faldo 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?
Given answer with calculation
A company is analyzing its break-even point for a product with a selling price of $63 per unit. The variable cost per unit is $42, and the fixed costs are $212,000 per year. If the company wants to achieve a profit of $57,000, how many units must it sell to meet this profit goal? Help
A company is analyzing its break-even point for a product with a selling price of $63 per unit. The variable cost per unit is $42, and the fixed costs are $212,000 per year. If the company wants to achieve a profit of $57,000, how many units must it sell to meet this profit goal? Right Answer
What is the amount of sales that will be necessary?
How many units must be sold to break even? Accounting question
What will net income be
A company is analyzing its break-even point for a product with a selling price of $63 per unit. The variable cost per unit is $42, and the fixed costs are $212,000 per year. If the company wants to achieve a profit of $57,000, how many units must it sell to meet this profit goal? I want solve the problem
A certain product sells for $55. It has variable costs of $33 per unit and fixed costs of $300,000 per year. How many products must the company manufacture to break even?(Round your answer to nearest unit number)
A company is analyzing its break-even point for a product with a selling price of $63 per unit. The variable cost per unit is $42, and the fixed costs are $212,000 per year. If the company wants to achieve a profit of $57,000, how many units must it sell to meet this profit goal? I want solve the problem step by step
A company is analyzing its break-even point for a product with a selling price of $63 per unit. The variable cost per unit is $42, and the fixed costs are $212,000 per year. If the company wants to achieve a profit of $57,000, how many units must it sell to meet this profit goal?
It has variable costs of $33

SEE MORE QUESTIONS

Recommended textbooks for you

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

Cornerstones of Cost Management (Cornerstones Ser…

Accounting

ISBN:

9781305970663

Author:

Don R. Hansen, Maryanne M. Mowen

Publisher:

Cengage Learning

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

Cornerstones of Cost Management (Cornerstones Ser…

Accounting

ISBN:

9781305970663

Author:

Don R. Hansen, Maryanne M. Mowen

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS

Horizon Manufacturing has fixed costs of $72,000 per month. Each unit of their product sells for $90, and the variable cost per unit is $54. ⚫ How many units must be sold to break even? • What would be the total revenue at the break-even point?