Last month fixed costs and contribution were $80,000 and $120,000 respectively. What is the profit this month if both increase by 15%?
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- 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?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.$900,000A 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 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.The sales price per unit would be?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?
- A machine manufacturer sells each machine for $7,300. The fixed costs are $279,550 per annum, variable costs are $1,500 per machine, and the production capacity is 58 machines in a year. What is break-even as a percent of capacity per annum?Please show the solution on how to get the answer.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?
- 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%?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?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%
