How many units must ot sell? In 2020, Xcel Inc. sold 75,000 units of its only product.The following is budgeted per-unit information for 2021:Selling price$39.20Direct materials6.20Direct labor (all variable) 5.10Variable overhead5.30Variable selling and admin 5.40•Fixed overhead and fixed selling and administrativecosts are expected to total $412,000.If Xcel Inc. wants to earn $55,000 after taxes in 2021, andthe tax rate is 28%, how many units must it sell? (Roundup unit calculation into whole nearest number if needed)

Explanation of Variable Costs per Unit:Variable costs per unit are the costs that change directly in…

Answered: In 2020, Xcel Inc. sold 75,000 units of…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 15EA: Cold X, Inc. uses this information when preparing their flexible budget: direct materials of $2 per...

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Taylor Corporation is analyzing the cost behavior of three cost items, A, B, and C, to budget for the upcoming year. Past trends have indicated the following dollars were spent at three different levels of output: In establishing a budget for 14,000 units, Taylor should treat A, B, and C costs as: a. semivariable, fixed, and variable, respectively. b. variable, fixed, and variable, respectively. c. semivariable, semivariable, and semivariable, respectively. d. variable, semivariable, and semivariable, respectively.
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Variable Costs Total Variable Costs Depreciation Supervision Total Costs Total Fixed Costs Direct Labor Activity Level Direct Materials Fixed Costs Finished Units Overhead

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