Last month fixed costs and contribution were $50,000 and $75,000 respectively. What is the profit this month if both increase by 10%?
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- Jamie Quinn, a sole proprietor, has the following projected figures for next year: Selling price per unit $150.00 Contribution margin per unit $45.00 Total fixed costs $630,000 What is the break-even point in dollars? a.$2,100,000 b.$426,000 c.$189,000 d.$900,000The costs and revenue projections for a new product are estimated. What is the estimated profit at a production rate of 20% above breakeven? Fixed cost = $456,000 per year Production cost per unit = $156 Revenue per unit = $342 The estimated profit is determined to be $ per year.During March, a firm expects its total sales to be $162,000, its total variable costs to be $95,200, and its total fixed costs to be $25,200. What would the contribution margin for March be?
- A company has $50 per unit in variable costs and $1,200,000 per year in fixed costs. Demand is estimated to be 100,000 units annually. What is the price if a markup of 40% on total cost is used to determine the price? Round to two decimal places.The sales price per unit would be?Please show the solution on how to get the answer.
- On the average, a company has a work-in-process lead time of 10 weeks and annualcost of goods sold of $30 million. Assuming that the company works 50 weeks a year:a. What is the dollar value of the work-in-process?b. If the work-in-process could be reduced to 5 weeks and the annual cost of carryinginventory was 20% of the WIP inventory value, what would be the annual savings?Summit Industries has annual fixed costs of $180,000 and variable costs of $5 per unit. Each unit currently sells for $20. If Summit expects to sell 15,000 units this year, what will the operating profit (or loss) be if the sales price decreases by 25%?A company sells its product at P18 per unit. Variable costs are P12 per unit and fixed costs are 150,000 per annum. The company wants to realize a profit of P60,000 during the year. What should be the sales revenue?
- Iverson, Inc. has $1,292,000 of sales revenue, $693,000 of variable costs, and $673,000 of fixed costs in 2023. Assuming the contribution margin percentage stays the same in 2024, what will the break even point (in sales dollars) be?For a single product being manufactured, the fixed cost F is $9,877 per month and the required profit Pr is $1,832 per month. The selling price P and the variable cost V are constant, and P > V. If the profit increases by 13%, the sales revenue in dollars per month will: A. increase by 2.03% B. decrease by 18.55% C. Increase by 1.30% D. decreease by 87.00%A machine manufacturer sells each machine for $6,900. The fixed costs are $287,450 per annum, variable costs are $2,050 per machine, and the production capacity is 74 machines in a year. a. What is the break-even volume? Round up to the next whole number b. What is the break-even revenue? Round to the nearest cent c. What is break-even as a percent of capacity per annum? % Round to two decimal places d. What is the profit or loss made if 68 machines are sold in a year?
