Answered: In 2023, the variable cost per unit is…

In 2023, the variable cost per unit is 10 and fixed cost per unit is 12 based on 1,000 units. IF in 2024, total units produced will increase by 20%, compute the total cost for 2024.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Apple company has the following information: Annual sales= 7.5 Million, annual interest rate amount= 729166, variable costs = 35% of sales, DFL=6. Based on these details, the total fixed cost will be approximately:
The Nature and Wildlife Corporation has manufacturing facilities in country A and an assembly plant in country B. In June 2020, the company will ship 1,000 units with a production cost of $65 per unit to its plant in country B. Its operating expenses in country A are $15,000 for the month. The income tax rate in country A is 20% and in country B it is 40%. The company plans to have a transfer price of $100 per unit. The final product can be sold in country B for $140. Country B’s operating expenses are $10,000 during the month. How much will the combined profits of the two operations be in April 2021?
Currently, the unit selling price of a product is $1,500, the unit variable cost is $1,200, and the total fixed costs are $4,500,000. A proposal is being evaluated to increase the unit selling price to $1,600. Compute the current break-even sales (units).Answer Check Figure: 15,000 units Compute the anticipated break-even sales (units), assuming that the unit selling price is increased to the proposed $1,600, and all costs remain constant.
Please help me Thankyou.
fixed cost per unit is $1 when 100000 units are profuced and $2 per unit when 50,000 units are produced. what is the total fixed cost when nothing is produced? answer to the nearest whole dollar.
Predict future total costs when sales volume is (a) 378,000 units and (b) 418,000 units.
The company is looking to invest $800,000 for two addition lines for production. Our current ROI targets are at 15%. These two lines would then produce annual profits of $65,000 for each line. Do you think the company should move forward with this purchase?
Revenues generated by a new fad product are forecast as follows: Year Revenues $45,000 1 2 35,000 3 25,000 4 20,000 Thereafter 0 Expenses are expected to be 40% of revenues, and working capital required in each year is expected to be 20% of revenues in the following year. The product requires an immediate investment of $60,000 in plant and equipment.
Bonita Industries has 33000 units in beginning finished goods. If sales are expected to be 60000 units for the year and Bonita desires an ending finished goods of 38000 units, how many units must the company produce?
How do I find the dollar sales volume to produce an income of 864,000 before taxes when the maximum capacity with present facilities = 40,000 units, total fixed costs per period = 468,000, variable cost per unit = 128, and sales price per unit = 212?
Please show the solution on how to get the answer.
Funtastic Company has capacity for the production and sales of 30,000 units. Current production is 15,000 units and fixed costs are $16 per unit. If production decreases to 10,000 units, fixed costs will: