Lin Corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. The company'smonthly fixed expense is $31,650.Required:1. Calculate the unit sales needed to attain a target profit of $5,750. (Do not round intermediate calculations.)2. Calculate the dollar sales needed to attain a target profit of $9,900. (Round your intermediate calculations to the riearest wholenumber.)|1. |Units sales to attain target profitunits2. Dollar sales to attain target profit

The calculation of contribution margin has been made as follows: Contribution margin per…

Answered: Lin Corporation has a single product…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Soft Co. makes and sells two types of products, X and Y. Data concerning these products are as follows: (Photo)Required: Calculate the number of units that the company must sell to break even
i need full details solution with explanation......
Breakeven point-Algebraic and graphical Fine Leather Enterprises sells its single product for $128.88 per unit. The firm's fixed operating costs are $472,200 annually, and its variable operating costs are $86.54 per unit. a. Find the firm's operating breakeven point in units. b. Label the x axis "Sales (units)" and the y axis "Costs/Revenues ($)," and then graph the firm's sales revenue, total operating cost, and fixed operating cost functions on these axes. In addition, label the operating breakeven point and the areas of loss and profit (EBIT). a. The operating breakeven point is units. (Round to the nearest integer.)
Subject: accounting
Vinubhai
Please help me figure a-e
In March, James Electronics had sales of $2,550,000 (25,500 units), total variable expenses of $1,275,000, and total fixed expenses of $825,000. Required: 1. What is the company's CM ratio? CM ratio % A 2. Using the CM ratio, calculate the break-even level of sales in dollars. Break-even level of sales in dollor 3. What is the break-even level of sales in units? Break-even level of sales in units units
Forest Company sells a product for $100 per unit. The variable cost is $50 per unit, and fixed costs are $200,000. Determine (a) the break-even point in sales units and (b) the sales units required for the company to achieve a target profit of $66,000.a. Break-even point in sales units fill in the blank 1 of 2 unitsb. Break-even point in sales units required for the company to achieve a target profit of $66,000 fill in the blank 2 of 2 units
jagdish
2.
Answer the following questions using the information below: Company A sells a single product. 1,500 units were sold resulting in $30,000 of sales revenue; $21,000 of variable costs, and $2,400 of fixed costs. If sales increase by $20,000, operating Income will increase BY: ⒸA$11,400 OB. None of them OC. $6,000 OD. $12,000
The contribution margin ratio of Donath Corporation's only product is 65%. The company's monthly fixed expense is $573,300 and the company's monthly target profit is $9,100. Required: Determine the dollar sales to attain the company's target profit.

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