LM Enterprises produces a single part for sale. The part sells for $15.5 per unit. Fixed costs are $1,420,000 annually. Production and sales of 640,000 units annually result in profit before taxes of $2,420,000. What is the unit variable cost?
Q: need help
A:
Q: Required information [The following information applies to the questions displayed below.] Apply the…
A: Let's give it a try. Because the data is missing, I will give you some step-by-step instructions so…
Q: Need answer the question
A:
Q: Oakland Precision Products (OPP) manufactures and sells a variety of scales for the kitchen and…
A: Answer a-1: The direct labor-hours required per unit are calculated as follows:Cook Model: - Direct…
Q: Give correct solution otherwise I give dislike
A: Step 1:Average Total Assets = (Beginning Total Assets + Ending Total Assets) / 2= ($500,000,000 +…
Q: Do not use ai
A: Step 1: Step 2: Step 3: Step 4:
Q: Please solve
A: Great! Let's solve this problem step by step using the given information. To find the number of cups…
Q: must needed answerd
A: Computation of the actual profit by using the following method:Computation of Actual ProfitStandard…
Q: On December 31, records show the following accounts. Cash Accounts receivable Supplies Land Services…
A: The balance sheet is a financial statement that shows a company's financial position at a specific…
Q: Provide Correct Answer please
A: Step 1:Formula of profitability index= Present value of cash inflow/ initial investment Step…
Q: Hi expart give correct answer
A: A. Contribution Margin Ratio (CM ratio)When we deduct the variable cost from sales, we get the…
Q: Need help with this question
A:
Q: llgj
A: Step 1: Selling price per unit Selling price per unit = Sales/Units soldSelling price per unit =…
Q: I want to answer this question
A: Step 1: Step 2: Step 3: Step 4:
Q: Taxation sars Describe what an ‘ITA34’ is.
A: for further discussion and description, the ITA34 shows a taxpayer if they owe SARS money or have a…
Q: generate answers in steps with an explanation in each step and each step by step and make some good…
A: This table provides a clear and organized summary of the journal entries and the current liabilities…
Q: Do not use Ai
A: Value-added tax is levied on the exchange, leasing, or sale of products, services, and real estate.…
Q: Don't use Ai
A: Answer a. Necessary Adjustment on December 31, 2016:According to accounting standards, you would…
Q: Firm B wants to hire Ms. Ali to manage its advertising department. The firm offered Ms. Ali a…
A: To solve this problem, we need to calculate the Net Present Value (NPV) for both Ms. Ali and Firm B.…
Q: Do not use Ai
A: Part 2: Explanationa. Interest Expense Calculation:Intercompany Transactions: Since Pepper owns 50%…
Q: kau.3 answer must be in table format or i will give down vote Gonzaga Company has used the…
A: First, we need to calculate the total depreciation that has been recorded under the…
Q: I need typing clear urjent no chatgpt used i will give 5 upvotes pls full explain
A: I hope this can help and guide you on your task. If there are any questions, clarifications, or…
Q: None
A: Step 1: Define Operating Cash FlowThe operating cash flow for a firm can be ascertained by using the…
Q: Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and Job A260.…
A: Step 1:1. Computation of the cost of goods sold for October: First, compute the unit cost of jobs…
Q: solve this one please
A: Step 1: Introduction to the Process CostingIn accounting, for manufacturing activity, the process…
Q: What is the cost of goods sold (COGS) for a firm with with a gross profit gross profit margin of 32…
A: Step 1:Cost of goods sold can be calculated by using following formula = Sales revenue - gross…
Q: Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following…
A: Part b: Financial StatementsIncome Statement for Year 1:Revenues:Cash Revenues: $31,900Expenses:Cash…
Q: Leon Tyler has a balance on his VISA card balance. He plans to pay it off in equal end-of-month…
A: Explanation of Present Value (PV)Present Value (PV) refers to the current balance or principal…
Q: Python acquired 75% of Slither's stock for $316 million in cash on January 2, 2015. The fair value…
A: consolidated financialstatements combine python and Slither, incorporating acquisition adjustments…
Q: Hi expart Provide solution
A: Step 1: The calculation of the operating cashflows AB1Sales $ 36,000.00 2Less: COSG $…
Q: A company reports net income of $69,000 for the year. At the beginning of the year, it had $590,000…
A: 1. Calculate Average Total AssetsGiven:Beginning Assets = $590,000Ending Assets = $790,000 2.…
Q: The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid…
A: We're tasked with calculating the net pay for several employees of Mountain Stone Brewery. The given…
Q: A company engages in the following transactions. What would it's balance sheet look like? 1. Issues…
A: To determine the balance sheet, here's a simplified explanation of how each transaction affects the…
Q: Need help please
A: Step 1: How To Calculate The Production Cost Per UnitIn order to compute the production cost per…
Q: Hi expart Provide solution
A: Step 1: Define Total Manufacturing CostBefore calculating the total cost of goods sold, the quantity…
Q: None
A: Disbursements for Purchases in Quarter 1Weisbro and Sons buys inventory in Quarter 1 for Quarter 2…
Q: generate answer in 3 steps with explanation in each steps and each step by step and make some good…
A: 1. BasisThe basis of property is generally its cost, which includes the amount paid for the property…
Q: Given the following information from an amortization table, compute the interest expense, discount…
A: The interest expense for the next period is calculated by multiplying the carrying value at the…
Q: not use ai please
A: To summarize: Asset accounts:have normal debit balanceincreases when debit and decreases when…
Q: E-Commerce Benefits For this discussion: Use the Internet or Strayer University Library databases…
A: Artisan Green is a small to medium business company that has a limited number of shops and focused…
Q: None
A: Step 1: Define Prime CostPrime cost is a cost classification used in cost accounting to refer to all…
Q: Jordan Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost…
A: Step 1:Requirement a) The total cost of shirts can be calculated by multiplying the number of shirts…
Q: Give note's principal
A: Rearranging the formula to solve for Principal:Principal=Interest/ Rate × Time Substituting the…
Q: generate answers in steps with an explanation in each step and each step by step and make some…
A: Step 1:Given in question Average fixed manufacturing cost per unit at 10,000 units =$4.00 So total…
Q: None
A: DateGeneral JournalDebitCredit01/01/2023Investment in Kinman Company32050032050012/31/2023Equity in…
Q: Multiple Versus Single Overhead Rates, Activity Drivers Deoro Company has identified the following…
A: Requirement 1: Determining the unit cost using direct labor hours to apply overhead Overhead rate…
Q: Provide solution no use AI
A: We can calculate the depreciation expense based on the percentage of sales. Given,Depreciation…
Q: Do not use Ai.
A: The problem involves calculating the ending inventory using different inventory valuation methods:…
Q: None
A: John Dunn Realty CompanyBalance SheetJuly 31, 2021(Amounts in millions)AssetsLiabilities and…
Q: Help
A: Step 1:Net Cash Flow is the difference between a company's cash inflows and cash outflows for a…
What is the unit variable cost ?
Step by step
Solved in 2 steps
- Faldo Company produces a single product. The projected income statement for the coming year, based on sales of 200,000 units, is as follows: Required: 1. Compute the unit contribution margin and the units that must be sold to break even. Suppose that 30,000 units are sold above the break-even point. What is the profit? 2. Compute the contribution margin ratio and the break-even point in dollars. Suppose that revenues are 200,000 greater than expected. What would the total profit be? 3. Compute the margin of safety in sales revenue. 4. Compute the operating leverage. Compute the new profit level if sales are 20 percent higher than expected. 5. How many units must be sold to earn a profit equal to 10 percent of sales? 6. Assume the income tax rate is 40 percent. How many units must be sold to earn an after-tax profit of 180,000?Jasmine Incorporated sells a product for $61 per unit. Variable costs per unit are $31, and monthly fixed costs are $252,000. Answer the following questions: Required: a. What is the breakeven point in units? b. What unit sales would be required to earn a target profit of $162,000 ? c. Assuming Jasmine achieves the level of sales required in part b, what is the margin of safety in sales dollars?Mark Pro produces and sells a single product. Information on its costs follow: Variable costs: SG&A P2 per unit Production P4 per unit Fixed costs: SG&A P12,000 per year Production P15,000 per year 1. Refer to Mark Pro. Assume Mark Pro produced and sold 5,000 units. At this level of activity, it produced a profit of P18,000. What was Mark Pro sales price per unit? 2. Refer to Mark Pro. In the upcoming year, Mark Pro estimates that it will produce and sell 4,000 units. The variable costs per unit and the total fixed costs are expected to be the same as in the current year. However, it anticipates a sales price of P16 per unit. What is Mark Pro 's projected margin of safety for the coming year?
- A company makes a product with a selling price of $20 per unit and variable costs of $12 12 per unit. The fixed costs for the period are P40000. What is the required output level to make a target profit of $10000?Finch Corporation produces products that it sells for $20 each. Variable costs per unit are $5, and annual fixed costs are $318,000. Finch desires to earn a profit of $51,000. Required a. Use the equation method to determine the break-even point in units and dollars. b. Determine the sales volume in units and dollars required to earn the desired profit. a. Break-even point in units a. Break-even point in dollars b. Sales volume in units b. Sales in dollars Prev 1 of 16 Next >Soft Co. makes and sells two types of products, X and Y. Data concerning these products are as follows:
- Pimpton Plows sells its product for $50. Its variable cost per unit is $19.00. Fixed costs total $434,000.How many units does the company need to sell to breakeven?What are the total sales in dollars at the breakeven point?How many units does the company need to sell to earn a profit of $155,000?Lablanc Inc. sells a product for $60 per unit. The variable cost is $34 per unit, while fixed cost are $108,160. Determine (a) the break-even point in sales unit (b) the break-even point if the selling price weee increases to $66 per unit.wrt disk company sells its disk for $107 per unit. total fixed cost are $197000 and variable costs are $32 per unit. calculate the number of units to be sold to earn a pretax income of $224500.
- Madlock, Inc. sells a product with a contribution margin of $10 per unit. Fixed costs are $1,800 per month. How many units must Madlock sell to break even? Begin by showing the formula and then entering the amounts to calculate the units Madlock must sell to break even. (Abbreviation used: CM = contribution margin. Complete all input fields. Enter a "0" for items with a zero value.) Target profit ) = Fixed costs ▼ + + HH CM per unit TOD Carmen Required sales in unitsA company with P280,000 of fixed costs has the following data: Product A Product B Sales price per unit P5 P6 Variable costs per unit P3 P5 Assume three units of A are sold for each unit of B sold. How much will sales be in pesos of product B at the breakeven point?Assume NUBD produced and sold 5,000 units. At this level of activity, it produced a profit of P19,000. What was NUBD's sales price per unit?
