Lark Industries incurs annual fixed costs of $90,000. Variable costs for Lark's product are $50 per unit, and the sales price is $75 per unit. Lark desires to earn an annual profit of $45,000. Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit.
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Lark desires to earn an annual profit of $45,000
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- Lark Industries incurs annual fixed costs of $90,000. Variable costs for Lark’s product are $50 per unit, and the sales price is $75 per unit. Lark desires to earn an annual profit of $45,000. Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit.Munoz Company incurs annual fixed costs of $121,320. Variable costs for Munoz's product are $22.40 per unit, and the sales price is $35.00 per unit. Munoz desires to earn an annual profit of $45,000. Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit. Note: Do not round intermediate calculations. Round your final answers to the nearest whole number. Sales in dollars Sales volume in unitsFranklin Company incurs annual fixed costs of $79,650. Variable costs for Franklin’s product are $24.80 per unit, and the sales price is $40.00 per unit. Franklin desires to earn an annual profit of $60,000. Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit. Note: Do not round intermediate calculations. Round your final answers to the nearest whole number.
- Munoz Company incurs annual fixed costs of $125,220. Variable costs for Munoz’s product are $28.80 per unit, and the sales price is $45.00 per unit. Munoz desires to earn an annual profit of $60,000. Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest whole number.)Franklin Company incurs annual fixed costs of $133,500. Variable costs for Franklin's product are $29.70 per unit, and the sales price is $45.00 per unit. Franklin desires to earn an annual profit of $45,000. Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit. Note: Do not round intermediate calculations. Round your final answers to the nearest whole number. Sales in dollars Sales volume in unitsRooney Company incurs annual fixed costs of $128,075. Variable costs for Rooney's product are $29.25 per unit, and the sales price is $45.00 per unit. Rooney desires to earn an annual profit of $52,000. Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Sales in dollars Sales volume in units
- Perez Company incurs annual fixed costs of $120,540. Variable costs for Perez’s product are $27.90 per unit, and the sales price is $45.00 per unit. Perez desires to earn an annual profit of $63,000. RequiredUse the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. Do not round answer to the nearest whole numberJordan Company incurs annual fixed costs of $67,740. Variable costs for Jordan's product are $28.80 per unit, and the sales price is $45.00 per unit. Jordan desires to earn an annual profit of $57,000. Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest whole number.)Peak performance Inc. Has the following data for its product: please answer the accounting question
- RakoJordan Company incurs annual fixed costs of $51,415. Variable costs for Jordan's product are $3015 per unit, and the sales price is $45.00 per unit. Jordan desires to earn an annual profit of $56,000. Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Sales in dollars Sales volume in unitsVersa Inc. sells a product for $100 per unit. The variable cost is $75 per unit, and fixed costsare $45,000. Determine (a) the break-even point in sales units and (b) the break-even point insales units if the company desires a target profit of $25,000.