If your estimate is that Galaxy Electronics is going to sell 6,500 units at $25 per piece and each item costs $8, your estimated cost of goods sold in dollars would be: A. $48,500 B. $52,000 C. $65,000 D. None of the above
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- If your estimate is that Galaxy Electronics is going to sell 6,500 units at $25 per piece and each item costs $8, your estimated cost of goods sold in dollars would be: Options-A. $48,500 B. $52,000 C. $65,000 D. None of the aboveEstimate cost of goods sold in dollars would beIf your estimate is that Galaxy Electronics is going to sell 6,500 units at $25 per piece and each item costs $8, your estimated cost of goods sold in dollars would be:
- Tutor need answerSuppose Morrison Corp.’s breakeven point is revenues of $1,100,000. Fixed costs are $660,000. Q1. Compute the contribution margin percentage. Q2. Compute the selling price if variable costs are $16 per unit. Q3. Suppose 75,000 units are sold. Compute the margin of safety in units and dollars. Q4. What does this tell you about the risk of Morrison making a loss? What are the most likely reasons for this risk to increase?Answer for this question please do provide solution as possible. Thank you so much!
- P Company has provided the following data: Sales Price per unit: $50 Variable Cost per unit: $30 Fixed Cost: $135,000 Expected Sales: 20,000 units a) What is the breakeven point in sales dollars? b) What is the current margin of safety? c) If the company wants to have net income of $70,000, how many units must they sell?I have the following additional questions: 1) Calculate the breakeven point in dollars under the current scenario 2) Calculate the number of units to be sold if the company desires a target profit of $225,000. 3) Calculate the sales dollars if the company desires a target profit of $225,000.How many units must be sold to break even ??
- 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 $15000How many units must be sold ?What is the correct choice? How many total dollars of sales must BAC Company sell to break even if the selling price per unit is $8.50, variable costs are $4.00 per unit, and fixed costs are $9,000? a. $4,000 b. $8,500 c. $9,000 d. $17,000