Please do not give solution in image format thanku Keene, Inc. produces flash drives for computers, which it sells for $20 each. Each flash drive costs $6 of variable costs tomake. During March, 1,000 drives were sold. Fixed costs for March were $5.60 per unit for a total of $5,600 for the month.If variable costs decrease by 10%, what happens to the break-even level of units per month for Keene?It is 10% higher than the original break-even point.It decreases about 16 units.It decreases about 40 units.It depends on the number of units the company expects to produce and sell.Vaughn reported the following results from the sale of 5000 units in May: sales $330000, variable costs $210000, fixedcosts $90000, and net income $30000. Assume that Vaughn increases the selling price by 5% on June 1. How many unitswill have to be sold in June to maintain the same level of net income?4396.4643.4750.5000.

Given information,ParticularCost per unitAmountSales Unit1,000Sales $20$20,000Variable…

Answered: Keene, Inc. produces flash drives for…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 5EA: Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of...

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Kerr Manufacturing sells a single product with a selling price of $600 with variable costs per unit of $360. The companys monthly fixed expenses are $72,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of January when they will sell 500 units. How many units will Kerr need to sell in order to realize a target profit of $120,000? What dollar sales will Kerr need to generate in order to realize a target profit of $120,000? Construct a contribution margin income statement for the month of June that reflects $600,000 in sales revenue for Kerr Manufacturing.
Marlin Motors sells a single product with a selling price of $400 with variable costs per unit of $160. The companys monthly fixed expenses are $36,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of November when they will sell 130 units. How many units will Marlin need to sell in order to realize a target profit of $48,000? What dollar sales will Marlin need to generate in order to realize a target profit of $48.000? Construct a contribution margin income statement for the month of February that reflects $200,000 in sales revenue for Marlin Motors.
Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The companys monthly fixed expenses are $22,500. What is the companys break-even point in units? What is the companys break-even point in dollars? Construct a contribution margin income statement for the month of September when they will sell 900 units. How many units will Maple need to sell in order to reach a target profit of $45,000? What dollar sales will Maple need in order to reach a target profit of $45,000? Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.
Markson and Sons leases a copy machine with terms that include a fixed fee each month plus acharge for each copy made. Markson made 9,000 copies and paid a total of $480 in January. In April, they paid $320 for 5,000 copies. What is the variable cost per copy if Markson uses the high-low method to analyze costs?
Schylar Pharmaceuticals, Inc., plans to sell 130,000 units of antibiotic at an average price of 22 each in the coming year. Total variable costs equal 1,086,800. Total fixed costs equal 8,000,000. (Round all ratios to four significant digits, and round all dollar amounts to the nearest dollar.) Required: 1. What is the contribution margin per unit? What is the contribution margin ratio? 2. Calculate the sales revenue needed to break even. 3. Calculate the sales revenue needed to achieve a target profit of 245,000. 4. What if the average price per unit increased to 23.50? Recalculate: a. Contribution margin per unit b. Contribution margin ratio (rounded to four decimal places) c. Sales revenue needed to break even d. Sales revenue needed to achieve a target profit of 245,000
Dimitri Designs has capacity to produce 30,000 desk chairs per year and is currently selling all 30,000 for $240 each. Country Enterprises has approached Dimitri to buy 800 chairs for $210 each. Dimitris normal variable cost is $165 per chair, including $50 per unit in direct labor per chair. Dimitri can produce the special order on an overtime shift, which means that direct labor would be paid overtime at 150% of the normal pay rate. The annual fixed costs will be unaffected by the special order and the contract will not disrupt any of Dimitris other operations. What will be the impact on profits of accepting the order?
If a company has fixed costs of $6.000 per month and their product that sells for $200 has a contribution margin ratio of 30%, how many units must they sell in order to break even? A. 100 B. 180 C. 200 D. 2,000
Waterway Industries produces flash drives for computers, which it sells for $26 each. The variable cost to make each flash drive is $13. During April, 800 drives were sold. Fixed costs were $1400 for the month. How much is the monthly break-even level of salles in dollars for Waterway? O $2800 O $16000 O $108 $8800
Bosco Company sells boxes of cookies and has total fixed costs of $200,000 per month. Variable costs are $8 per box, selling price is $10. The company desires to make a profit of $100,000 per month. a. What is number of boxes that most be sold to break even each month? b. What is the contribution margin ratio? c. What is the $ amount of monthly sales needed in order to make the desired monthly profit?
The Company manufactures zamboozas. The selling price of the zamboozas is $45 per unit and variable cost per unit is $30.The company's fixed costs per month is $150,000. Compute the break even point in units and in dollars.
Perfect Stampers makes and sells aftermarket hubcaps. The variable cost for each hubcap is $4.75, and the hubcap sells for $9.95. Perfect Stampers has fixed costs per month of $3,120. Compute the contribution margin per unit and the break-even point in sales units and in sales dollars for the month. Round the contribution margin per unit to two decimal places. Contribution margin Per unit Break even sales in units units Break even sales in dollars
A company is creating and selling a new product. They can sell each unit for $26.29. the variable cost per unit are $15.04 and the fixed cost are $2968 per month. How many units does the company have to sell each month to break even ?

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