Solve this general accounting problem In 2023, Siemens Industries sold 5,500units at $420 each. Variable expenseswere $275 per unit, and fixed expenses.were $693,000. The same variableexpenses per unit and fixed expenses areexpected for 2024. If Siemens cuts sellingprice by 6%, what is Siemens's break-evenpoint in units for 2024?

Explanation of Break-Even Point: Break-even point represents the exact volume of sales at which a…

Answered: In 2023, Siemens Industries sold 5,500…

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter4: Preparing And Using Financial Statements

Section: Chapter Questions

Problem 1gM

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In 2023, Siemens Industries sold 5,500 units at $420 each. Variable expenses were $275 per unit, and fixed expenses were $693,000. The same variable expenses per unit and fixed expenses are expected for 2024. If Siemens cuts selling price by 6%, what is Siemens's break-even point in units for 2024? Correct answer
Answer me
Find units?
You have the following information about a company in 2021: Total Costs were $174.7 million. Assume the Variable Costs were 60% and the rest were Fixed Costs. Sales Volume in thousands was 361.7 and will not change in the future. Cost inflation in 2022 was 5%. What was the variable cost per unit in 2022? Select one: O A. $290.1 O B. $105.2 O C. $483.5 O D. $304.3
Can you please provide correct answer the general accounting question?
In 2019, Crane Company sold 3000 units at $250 each. Variable expenses were $140 per unit, and fixed expenses were $780000. The same variable expenses per unit and fixed expenses are expected for 2020. If Crane cuts selling price by 4%, what is Crane’s break-even point in units for 2020? 7386. 7091. 7500. 7800.
In 2020, National Co. sold 1,000 units at P500 each, and earned net income of P40,000. Variable expenses were P300 per unit, and fixed expenses were P160,000. The same selling price is expected for 2021. National Co.’s variable cost per unit will rise by 10% in 2021 due to increasing material costs, so they are tentatively planning to cut fixed costs by P10,000. How many units must National Co. sell in 2021 to maintain the same income level as 2020?
In 2019, Bramble Corp. sold 3000 units at $400 each. Variable expenses were $320 per unit, and fixed expenses were $270000. The same selling price, variable expenses, and fixed expenses are expected for 2020. What is Bramble’s break-even point in units for 2020? 3375. 1688. 675. 844.
Solve this general accounting question
Carla Vista Company had $212,200 of net income in 2024 when the unit selling price was $151, the unit variable costs were $95, and the fixed costs were $571,800. Management expects per unit data and total fixed costs to remain the same in 2025. The president of Carla Vista Company is under pressure from stockholders to increase net income by $84,000 in 2025. Compute the number of units that would have to be sold in 2025 to reach the stockholders' desired net income. Units needed in 2025 units
How to do this? 15
Newton cellular manufactures and sells the top line cell phone for the year 2022. Newton has estimated the following: contribution margin per phone $200 variable cost per Cellphone 450 annual fix cost total 180,000 net loss -$400 Given: Variable Cost as a %of sales 70%Annual fixed costs - total $600,000 What is the contribution margin ratio? What is the break even point in sales dollars? If the company is operating at a $100,000 loss what are the dollar sales? If the company is operating at a $100,000 profit what are the dollar sales?

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