How many units need to be sold to achieve a target profit of $16,900?
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- Refer to Cornerstone Exercise 3.4 for data on Dohini Manufacturing Companys purchasing cost and number of purchase orders. The controller for Dohini Manufacturing ran regression on the data, and the coefficients shown by the regression program are: Required: 1. Construct the cost formula for the purchasing activity showing the fixed cost and the variable rate. 2. If Dohini Manufacturing Company estimates that next month will have 430 purchase orders, what is the total estimated purchasing cost for that month? (Round your answer to the nearest dollar.) 3. What if Dohini Manufacturing wants to estimate purchasing cost for the coming year and expects 5,340 purchase orders? What will estimated total purchasing cost be? (Round your answer to the nearest dollar.) What is the total fixed purchasing cost? Why doesnt it equal the fixed cost calculated in Requirement 1?Assume the following information: Amount Selling price $ 30 Variable expense ratio 80% Fixed expenses $ 8,000 per month Unit sales 3,400 per month How many units need to be sold to achieve a target profit of $16,150? Multiple Choice 4,025 units 1,003 units 2,692 units 6,092 unitsUsing this information, what is Your Company's Your Company's expected net income when 5,000 units are sold? Use the information in red to figure out total fixed costs. Expected sales in units Sales price per unit 5,000 $20 3,750 Expected - Breakeven Margin of safety in units 35% Contribution margin ratio O A. $35,000 O B. $25,000 O C. $18,750 O D. $26,250 O E. $ 8,750
- Find out BEP in units and value with the following data:Fixed cost - $50000Variable cost - $40 per unitSelling Price - $80 per unitCalculate:1) What will be the profit when the sales is $1000002) What will be the amount of sales if it desires to earn a profit of $15000Using the data below compute of the following: Contribution margin per unit in 3. 2018, 4. 2019 5. 2020 BEP in sales units in 6. 2018 7. 2019 8. 2020 BEP in peso sales in 9. 2018 10. 2019 11. 2020 What is the required sales in unit for the desired Net profit 12. 2018 13. 2019 14. 2020 2018 2019 2020 Sales per unit Desired profit Fixed costs. P7.50 P9.00 P10.00 P15,000 P28,000 P30,000 360,000 375,000 420,000 Variable cost Cost per unit: Variable cost 2.50 4.00 4.00Give typing answer with explanation and conclusion Item is canyon scanner sales prices $85 markup percent is 25%, what is the dollar markup and cost?
- G http Chapter Review My... Sales price Contribution margin ratio Fixed costs Tra.. Vernon Company reported the following data regarding the product it sells: a. Break-even point in dollars a. Break-even point in units b. Sales in dollars b. Sales in units c. Break-even point in dollars c. Break-even point in units $60 Man... $ 10% $216,000 M Questio... Required Use the contribution margin ratio approach and consider each requirement separately. b Ans... 2,160,000 36,000 Bes... Saved a. What is the break-even point in dollars? In units? b. To obtain a profit of $54,000, what must the sales be in dollars? In units? c. If the sales price increases to $72 and variable costs do not change, what is the new break-even point in dollars? In units? US fron.Assume the following: 1. selling price per unit = $25 2. variable expense per unit = $13 3. the total fixed expenses = $20,000 4. net operating income = $14,200 Given these four assumptions, unit sales must be: Multiple Choice 3,420 units. 1,200 units. 2,342 units. 2,850 units.1. When prices are rising (inflation), which costing method would produce the highest value for gross margin? Choose between first-in, first-out (FIFO); last-in, first-out (LIFO); and weighted average (AVG). Evansville Company had the following transactions for the month. Cost per Unit $6,000 7,000 7,500 Number of Units Purchase 2 Purchase Purchase 4 Calculate the gross margin for each of the following cost allocation methods, assuming A62 sold just one unit of these goods for $10,000. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)
- Multiproduct breakeven analysis and target profit, taxes Pursuit Company produces two products: Bric and Brac. The following table summarizes the products' details and planned unit sales for the upcoming period: Bric BrAc Sellingpriceperunt...........$S25$30 Variablecostperunit ... $14$17 Planned unit sales volume . . . . . . 800, 000 400,000 Pursuit Company has total fixed costs of $10 million and faces a tax rate of 30%. Required (a)What is Pursuit Company's expected profit at the planned level of sales? (b)Assuming a constant sales mix, what are the unit sales of Bric and Brac required for Pursuit Company to break even? (c) Assuming a constant sales mix, what are the unit sales of Bric and Brac required for Pursuit Company to earn an after-tax income of $910, 000 ?If selling price $40 per unit Variable cost $25 per unit Fixed cost $45000 Required: a) What is the breakeven point per unit ? b)What is the activity level to generate a profit of $40000 c)If the company budgets to sell 5000 units of a product. Calculate the margin of safety. d) Calculate the contribution/Sales Ratio of the product. e)Find the breakeven point in sales revenue. f) Calculate the sales revenue that is required to generate a profit of $40000.If selling price $40 per unit Variable cost $25 per unit Fixed cost $45000 Required: a) What is the breakeven point per unit ? b)What is the activity level to generate a profit of $40000 c)If the company budgets to sell 5000 units of a product. Calculate the margin of safety. d) Calculate the contribution/Sales Ratio of the product. e)Find the breakeven point in sales revenue. f) Calculate the sales revenue that is required to generate a profit of $40000. NB: Please to answer question a-f seperately
