If selling price per unit is $47, variable costs per unit are $26, total fixed costs are $24,000, the tax rate is 32%, and the company sells 6,500 units, net income is
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- The X Corp income statement resembles the following after 35,000 units were sold in 2020. Sales = $420,000 / $12 per unit Variable = $192,500 / $5.5 per unit Contribution Margin = $227,500 / $6.5 per unit Fixed Expense $110,000 Net Op Income $117,500 A. What is X Corp. breakeven point in units and dollars? B. What is X Corp. margin of safety in %, units, and dollars?The selling price of a particular product is $81.00 per unit, the variable expense is $55.00 per unit, and the breakeven sales in dollars is $243,000, what are the total fixed expenses?A company has return on sales of 15% at sales of $400,000. Its fixed cost are $90,000; variable costs are $25 per unit. A. What are sales in units? Why? How? B. What is contribution margin per unit? Why? How? C. What is income? Why? How?
- what is the contribution margin ratio?General accounting questionA company has sales of $1,000,000, variable costs of $250,000, and fixed costs of $600,000. Compute the following: 1. Contribution margin ratio. 2. Break-even sales volume. 3. Margin of safety ratio. 4. Net operating income percentage.
- what is the contribution margin ratio? accounting.If sales are $797,000, variable costs are 80% of sales, and operating income is $201,000, what is the contribution margin ratio? a. 20% b. 80% C. 76% d. 24%A company has contribution margin per unit of P45 and a contribution margin ratio of 40%. What is the unit selling price?