How many units must be sold to achieve this target profit?
Q: M and M, Inc. produces a product that has a variable cost of $4.50 per unit. The company's fixed…
A: Variable costs are business expenses that change depending on how much a company provides or sells.
Q: Altstadt Inc. sells a product for $50 per unit. The variable cost is $20 per unit, and fixed costs…
A: Breakeven point is the point or we can say the sales level at which the organisation is at no profit…
Q: Mazoon Company's variable costs are 60% of the selling price and its fixed costs are $80,000. To…
A: Contribution=fixed cost+Profit=$80,000+$20,000=$100,000
Q: Salalah Company has the following information: Sales = 5000 units @ OMR 10 per unit Break-even…
A: Sales = 5000 units @ OMR 10 per unit Beak Even Point = 3000 units Fixed Cost = OMR 6000 Formulas…
Q: Adams Enterprises produces a product with fixed costs of $49,900 and variable cost of $2.70 per…
A: Contribution margin is the difference between the sales and the variable cost, or in other words it…
Q: Jasmine Incorporated sells a product for $61 per unit. Variable costs per unit are $31, and fixed…
A: Break Even Point - It Is The Point Of Production Where Total Costs Is Equal To Total Revenue. At…
Q: Lindon Company is the exclusive distributor for an automotive product. The product sells for £60 per…
A: The contribution margin is calculated as difference between sales and variable costs. The break even…
Q: A product sells for $200 per unit and its variable costs per unit are $130. Total fixed costs are…
A: First, we calculate the contribution margin per unitContribution Margin per Unit = Selling Price per…
Q: Acme Inc. sells Product Yellow for $23/unit. Variable costs for Product Yellow are $13/unit; fixed…
A: TARGET SALESTarget Sales are the Estimated Sales required to achieve the target net income. Target…
Q: Grove Audio is considering the introduction of a new model of wireless speakers with the following…
A: Break even point = It is the level of sales wherein the company have no profit no loss. below the…
Q: Planet of the Grapes, Inc. makes a single product that it sells for $40 each. Variable costs are $15…
A: In order to calculate desired sales for a required level of profit: Desired sales = (Fixed cost +…
Q: Heriot and Watt Plc want to increase their profits from the sale of their product by 20%. You are…
A: The number of units to achieve the target profit can be calculated by computing the desired profits…
Q: M and M, Inc. produces a product that has a variable cost of $2.20 per unit. The company's fixed…
A: Contribution margin per unit = sales - variable costs = $5 - 2.2 = $2.80 per unit Contribution…
Q: Steven and Son Inc. sells its car wash package for $180 per unit, its total variable costs per unit…
A: Cost volume profit analysis is the technique used by the management for decision-making. The methods…
Q: Pimpton Plows sells its product for $50. Its variable cost per unit is $19.00. Fixed costs total…
A: Calculate the break even point as follows: Break even units = Fixed cost / (Selling price - variable…
Q: A product sells for $50 with variable costs of $36 per unit and annual fixed costs of $1,200,000. If…
A: Contribution Margin :— It is the difference between sales revenue and variable cost. Number of…
Q: The company's break-even point in terms of
A: Break-even point It is point where company recovers its cost by selling specific number of units of…
Q: Stuart Company Stuart Company manufactures a single product. Each unit sells for $15. The firm's…
A: Given, Variable costs per unit: Production $5 SG&A $1 Fixed costs: Production…
Q: Campbell Enterprises produces a product with fixed costs of $53,400 and variable cost of $2.50 per…
A: Target sales price is the one which is charged by the entity, for selling goods, from its customers.…
Q: Gladstorm Enterprises sells a product for $53 per unit. The variable cost is $36 per unit, while…
A: 1. CONTRIBUTION MARGIN : = SALES - VARIABLE COST 2. BREAKEVEN POINT IN SALES UNITS : = FIXED COST /…
Q: Mazoon Company's variable costs are 65% of the selling price and its fixed costs are $80,000. To…
A: As the questions asked have more than 1 question, the first question is answered. If you want the…
Q: Halifax Products sells a product for $75. Variable costs per unit are $50, and monthly fixed costs…
A: Breakeven is the point at which the entity is in a situation of no profit and no loss. At this…
Q: Sundial, Inc., produces two models of sunglasses-AU and NZ. the sunglasses have the following…
A: Contribution means the difference between the selling price and variable cost . Fixed cost when…
Q: Mazoon Company's variable costs are 75% of the selling price and its fixed costs are $80,00O. To…
A: Break even point means a point where firm is neither earning profit nor incurring any loss. For…
Q: COVID 19 Co. currently sells 15,000 units a month for $50 each, has variable costs of $20 per unit,…
A: Units need to sell for desired profit = (Fixed costs + Desired profit) / Contribution margin per…
Q: Super Sales Company is the exclusive distributor for a high-quality knapsack. The product sells for…
A: The objective of the question is to calculate the variable expenses per unit, the break-even point…
Q: Zero, Inc. produces a product that has a variable cost of $6.00 per unit. The company's fixed costs…
A: Cost volume profit analysis is a technique used by the company to have an estimate of required…
Q: Product X sells for $50 with variable costs of $36 per unit and annual fixed costs of $1,200,000. If…
A: In this question, we need to compute the number of units to be sold if the company wants to earn an…
Q: RED manufactures a product which sells at £30 per unit and the variable cost is £23 per unit. Fixed…
A: we know that, Break even point = Fixed cost / contribution per unit Contribution per unit = selling…
Q: White Lake Inc. produces and sells a single product. Data concerning that product appear below:…
A: 1. BREAK EVEN SALES : = (FIXED COST X SALES) / CONTRIBUTION PER UNIT 2. UNITS TO SELL TO ATTAIN…
Q: Grove Audio is considering the Introduction of a new model of wireless speakers with the following…
A: Break even point :— It is the point of production where total cost is equal to total revenue. At…
Q: Altstadt Inc. sells a product for $50 per unit. The variable cost is $20 per unit, and fixed costs…
A: The point at which the company neither earns any profit nor incurs any loss is referred to as the…
Q: Gladstorm Enterprises sells a product for $50 per unit. The variable cost is $34 per unit, while…
A: Break even point means where there is no profit no loss. Variable cost means the cost which vary…
Q: Mia Enterprises sells a product for $90 per unit. The variable cost is $40 per unit, while fixed…
A: Break-even point in units is computed by dividing the fixed cost by the contribution margin per…
Q: Mia Enterprises sells a product for $90 per unit. The variable cost is $40 per unit, while fixed…
A: The break even data can be calculated as per CVP analysis
Q: Zoro, Inc. produces a product that has a variable cost of $6.00 per unit. The company’s fixed costs…
A: Given: Variable cost per unit = $ 6 Fixed costs = $ 30,000 Cost of product sold = $ 10 Estimated…
Q: Jasmine Inc. makes a single product that it sells for $25 each. Variable costs are $13 per unit and…
A: Contribution margin is sales revenue over and above it's variable costs. In order to earn target…
Q: Trailblazer Company sells a product for $270 per unit. The variable cost is $150 per unit, and fixed…
A: Target Profit: It refers to the desired amount of profit that a company expects to achieve by the…
Q: Solomon company has total fixed cost of $15,000, variable cost per unit of $6, and a price of $8. If…
A: Units required to earn Targeted profits can be calculated by the formula as follows, =(Total fixed…
Q: a. What is the break-even point in units? b. What is the break-even point in dollars? c. If Weber…
A: Break-even analysis is one of the most important quantitative techniques that is used in the…
Q: Halifax Products sells a product for $118. Variable costs per unit are $67, and monthly fixed costs…
A: Following are the answers to the given questions
Q: Narchie sells a single product for $50. Variable costs are 70% of the selling price, and the company…
A: Margin of safety indicates that how much sales is above the break even point sales and it indicates…
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- Mia Enterprises sells a product for $90 per unit. The variable cost is $40 per unit, while fixed costs are $75,000. Determine the:a. Break-even point in sales units fill in the blank 1 of 2 unitsb. Determine the break-even point in sales units if the selling price increased to $100 per unit $ per unit fill in the blank 2 of 2 unitsA firm sell a single product for $6. Its variable cost per unit is $4 and fixed costs are $50. Ignoring income taxes, the amount of sales revenue needed for $20 profit is Select one: a. $210. b. $150. c. $35. d. $25.Forest Company sells a product for $100 per unit. The variable cost is $50 per unit, and fixed costs are $200,000. Determine (a) the break-even point in sales units and (b) the sales units required for the company to achieve a target profit of $66,000.a. Break-even point in sales units fill in the blank 1 of 2 unitsb. Break-even point in sales units required for the company to achieve a target profit of $66,000 fill in the blank 2 of 2 units
- The Waterfall Company sells a product for $150 per unit. The variable cost is $80 per unit, and fixed costs are $270,000. Determine the following: Round answers to the nearest whole number. a. Break-even point in sales units fill in the blank 1 units b. Break-even point in sales units if the company desires a target profit of $36,000 fill in the blank 2 unitsSinclair Company's product has a selling price of £25 per unit. Last year the company reported a profit of £20,000 and variable expenses totalling £180,000. The product has a 40% contribution margin ratio. Because of competition, Sinclair Company will be forced in the current year to reduce its selling price by £2.00 per unit. How many units must be sold in the current year to earn the same profit as was earned last year? Select one: O A. 15,000 units O B. 12,000 units O C. 16,500 units O D. 12,960 unitsAtlantic Company sells a product with a break-even point of 3,000 sales units. The variable cost is $60 per unit, and fixed costs are $270,000. Determine the following: a. Unit sales price $4 b. Break-even point in sales units if the company desires a target profit of $36,000 பாரts
- Charlevoix Cases makes mobile phone cases. The company has collected the following price and cost characteristics: Sales price $ 12.00 per case Variable costs 5.50 per case Fixed costs 403,000 per year Assume that the company plans to sell 77,000 units annually. Consider requirements (b), (c), and (d) independently of each other. Required: What will be the operating profit? What is the impact on operating profit if the sales price decreases by 20 percent? Increases by 10 percent? Note: Do not round intermediate calculations. What is the impact on operating profit if variable costs per unit decrease by 20 percent? Increase by 10 percent? Note: Do not round intermediate calculations. Suppose that fixed costs for the year are 20 percent lower than projected and variable costs per unit are 20 percent higher than projected. What impact will these cost changes have on operating profit for the year? Will profit go up? Down? By how much? Note: Do not round intermediate…Jaime Ltd manufactures and sells a small electric product to order for the computer industry. The estimated selling price and variable costs per unit for next year are as follows: (£ per unit) Selling price 654.00 Variable costs: Direct materials 216.00 Direct labour 108.00 Production overhead 54.00 Selling & distribution overhead 27.00 Jaime Ltd expects to sell 108,000 units next year. Jaime Ltd expects the stock level at the start of the year to be NIL and the stock at the end of the year to be 18,000 units. Information on fixed costs is as follows: Fixed costs: £ Production overhead 1,452,000 Selling & distribution 360,000 Administration overhead 342,000 Question: (b) Using Marginal costing: (i) Calculate the production cost per un (ii) Prepare an income statement for the year.Finch Corporation produces products that it sells for $20 each. Variable costs per unit are $5, and annual fixed costs are $318,000. Finch desires to earn a profit of $51,000. Required a. Use the equation method to determine the break-even point in units and dollars. b. Determine the sales volume in units and dollars required to earn the desired profit. a. Break-even point in units a. Break-even point in dollars b. Sales volume in units b. Sales in dollars Prev 1 of 16 Next >
- Elrod Inc. sells a product for $75 per unit. The variable cost is $45 per unit, while fixedcosts are $48,000. Determine (a) the break-even point in sales units and (b) the breakeven point if the selling price were increased to $95 per unit.Dishman Ltd plans to sell 200,000 items a year for £15 each. Fixed costs are £360,000 a year and variable costs are £12 per unit. What is the margin of safety? Select one: a. 66.7% b. 25.0% c. 11.1% d. 40.0%Lindon Company is the exclusive distributor for an automotive product. The product sells $40 per unit and has a CM ratio of 30%. The company's fixed expenses are $180,000 per year. Required: 1. What are the variable expenses per unit? 2. Using the equation method: a. What is the break-even point in units and sales dollars? b. What sales level in units and in sales dollars is required to earn an annual profit of $60,000? c. Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $4 per unit. What is the Company's new break-even point in units and in sales dollars? 3. Repeat (2) above using the unit contribution method.
