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?What is the unit variable cost on these general accounting question?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?
- The selling price of a particular product is $81.00 per unit, the variable expense is $55.00 per unit, and the breakeven sales in dollars is $243,000, what are the total fixed expenses?Snower Corporation sells product G for $150 per unit, the variable cost per unit is $105, and the fixed costs are $720,000. What is the sales (in dollars) required to realize operating income of $40,000?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?
- Sunn Company manufactures a single product that sells for $110 per unit and whose variable costs are $88 per unit. The company's annual fixed costs are $308,000. Management targets an annual income of $550,000. (1) Compute the unit sales to earn the target income. Numerator: Denominator: (2) Compute the dollar sales to earn the target income. Numerator: Denominator: = = = = Units to Achieve Target Units to achieve target Dollars to Achieve Target Dollars to achieve targetLablanc 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.Friar Corp. sells two products. Product A sells for $112 per unit, and has unit variable costs of $65. Product B sells for $102 per unit, and has unit variable costs of $59. Currently, Friar sells three units of Product B for every one unit of Product A sold. Friar has fixed costs of $752,400. How many units would Friar have to sell to earn a profit of $250,800?
- Management believes it can sell a new product for $9.00. The fixed costs of production are estimated to be $7,000, and the variable costs are $3.40 a unit. Complete the following table at the given levels of output and the relationships between quantity and fixed costs, quantity and variable costs, and quantity and total costs. Round your answers to the nearest dollar. Enter zero if necessary. Use a minus sign to enter losses, if any. Quantity Total Revenue Variable Costs Fixed Costs Total Costs Profits (Losses) 0 $ $ $ $ $ 500 $ $ $ $ $ 1,000 $ $ $ $ $ 1,500 $ $ $ $ $ 2,000 $ $ $ $ $ 2,500 $ $ $ $ $ 3,000 $ $ $ $ $ Determine the break-even level using the above table and use the Exhibit 19.5 to confirm the break-even level of output. Round your answers for the break-even level to the nearest whole number. Round your answers for the fixed costs, variable costs, total costs,…Blanchard Company manufactures a single product that sells for $136 per unit and whose total variable costs are $102 per unit. The company's annual fixed costs are $496,400. Management targets an annual pretax income of $850,000. Assume that fixed costs remain at $496,400. (1) Compute the unit sales to earn the target income. Choose Numerator: Fixed costs plus pretax income Choose Denominator: = Units to Achieve Target Contribution margin per unit = Units to achieve target 0 (2) Compute the dollar sales to earn the target income. Choose Numerator: Fixed costs plus pretax income Choose Denominator: Dollars to Achieve Target 1 Contribution margin ratio = Dollars to achieve target 0Zhao Co. has fixed costs of $429,000. Its single product sells for $187 per unit, and variable costs are $122 per unit. Compute the level of sales in units needed to produce a target (pretax) income of $130,000.



