Question 4 of 5MANUFACTURING PROFIT A manufacturerestimates that it costs $14 to produce each unit ofa particular commodity that sells for $23 per unit.There is also a fixed cost of $1,200.Model the profit as a function of the number of units produced and sold.Select the correct response:P(x) = 14x 1,200P(x) = 23x - 1,200None of the choicesP(x) = 9x - 1,200P(x) = 9x + 1,200< Previous

Profit Calculation Formula: Particulars Sales Less: Variable Cost = Contribution…

Answered: MANUFACTURING PROFIT A manufacturer…

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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Break-even point Radison Inc. sells a product for $74 per unit. The variable cost is $43 per unit, while fixed costs are $182,590. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $81 per unit. a. Break-even point in sales units units b. Break-even point if the selling price were increased to $81 per unit units
A company produces a product that sells for $200. Variable costs per unit equal $80. The contribution margin percentage equal : Select one: a. 130 b. 120 c. 65% d. 60%
Information concerning a product produced by Ender Company appears here: Sales price per unit $ 174 Variable cost per unit $ 76 Total annual fixed manufacturing and operating costs $ 656,600 Required Determine the following: Contribution margin per unit. Number of units that Ender must sell to break even. Sales level in units that Ender must reach to earn a profit of $245,000. Determine the margin of safety in units, sales dollars, and as a percentage.
Halifax Products sells a product for $118. Variable costs per unit are $67, and monthly fixed costs are $168,300. a. What is the break-even point in units? Break-Even Point units b. How many units would need to be sold to earn a target profit of $102,000? Total Required Sales units c. Assuming they achieve the level of sales required in part b, what is the margin of safety in sales dollars? Margin of Safety
Thornton Manufacturing Company reported the following data regarding a product it manufactures and sells. The sales price is $44. 12 Variable costs Manufacturing Selling Fixed costs Manufacturing Selling and administrative 17 per unit 6 per unit $152,000 per year $102,100 per year Required a. Use the per-unit contribution margin approach to determine the break-even point in units and dollars. b. Use the per-unit contribution margin approach to determine the level of sales in units and dollars required to obtain a profit of $178,500. c. Suppose that variable selling costs could be eliminated by employing a salaried sales force. If the company could sell 21,400 units, how much could it pay in salaries for salespeople and still have a profit of $178,500? (Hint Use the equation method.) a. Break-even point in units Break-even point in dollars b Required sales in units Required sales in dollars C Fixed cost of salaries
v.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAsslghmehtSesslohLocator=&lnprogress=lalse Update Target Profit Trailblazer Company sells a product for $155 per unit. The variable cost is $80 per unit, and fixed costs are $585,000. Determine (a) the break-even point in sales units and (b) the break-even point in sales units if the company desires a target profit of $157,950. a. Break-even point in sales units units b. Break-even point in sales units if the company desires a target profit of $157,950 units
v.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Lo... Break-Even Sales and Sales to Realize a Target Profit For the current year ending October 31, Papadakis Company expects fixed costs of $422,400, a unit variable cost of $46, and a unit selling price of $68. a. Compute the anticipated break-even sales (units). units. b. Compute the sales (units) required to realize a target profit of $96,800. units Check My Work Previous 6 Next Oct 26 6:18
Break-Even Point Nicolas Inc. sells a product for $94 per unit. The variable cost is $63 per unit, while fixed costs are $207,576. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $99 per unit. a. Break-even point in sales units units b. Break-even point if the selling price were increased to $99 per unit units
A firm sell a single product for $6. Its variable cost per unit is $4 and fixed costs are $50. Ignoring income taxes, the amount of sales revenue needed for $20 profit is Select one: a. $210. b. $150. c. $35. d. $25.
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Break-Even Point Nicolas Enterprises sells a product for $55 per unit. The variable cost is $38 per unit, while fixed costs are $26,588. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $61 per unit. a. Break-even point in sales units fill in the blank 1 units b. Break-even point if the selling price were increased to $61 per unit fill in the blank 2 units

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