meadⓇEA5. LO 3.2 Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. Thecompany's monthly fixed expenses are $22,500.A. What is the company's break-even point in units?B. What is the company's break-even point in dollars?C. Construct a contribution margin income statement for the month of September when they will sell 900 units.D. How many units will Maple need to sell in order to reach a target profit of $45,000?E. What dollar sales will Maple need in order to reach a target profit of $45,000?F. Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.

Break Even Points In Units = (Total Fixed Cost / Contribution Margin Per Unit) Break Even Points In…

Answered: Maple Enterprises sells a single…

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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Company XYZ is producing and selling 2,500. At this level, the selling price per unit is $10, the variable expenses per ?unit is $6, and fixed expenses are $1,500. How much is the profit $13,500 a O $8,500 .b O $16,000 .c O $11,000 .d O $6,000 .e O
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%
A company's product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin ratio? A.10% B.40% C. 60% D. 90%
Rings company has three product lines A, B and C. The following financial information is available:
Contribution Margin Ratio, Variable Cost Ratio, Break-Even Sales Revenue The controller of Ashton Company prepared the following projected income statement: Sales $88,000 Total variable cost 23,760 Contribution margin $64,240 Total fixed cost 43,800 Operating income $20,440 Required: 1. Calculate the contribution margin ratio. Note: Enter as a percent, rounded to the nearest whole number. fill in the blank 1 % 2. Calculate the variable cost ratio. Note: Enter as a percent, rounded to the nearest whole number.fill in the blank 2 % 3. Calculate the break-even sales revenue for Ashton. Note: Round your answer to the nearest dollar. $fill in the blank 3 4. How could Ashton increase projected operating income without increasing the total sales revenue? Decrease the contribution margin ratio
2. Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company’s monthly fixed expenses are $22,500. The following names are to be considered when completing this problem: Operating Income Variable Costs Sales Fixed Costs per Unit Selling Price per Unit Variable Cost per Unit Contribution Margin Fixed Costs Operating Loss What is the company’s break-even point in units? . Use commas as needed (i.e. 1,234). What is the company’s break-even point in dollars? . Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). Using the names listed above, construct a contribution margin income statement for the month of September when they will sell 900 units. Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). Maple Enterprises Contribution Margin Income Statement For the Month of September How many units will Maple need to sell in…
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.
Sales (18,00e units) Variable expenses Contribution margin Fixed expenses $ 368,008 144,e00 216,eee 188,eee $ 36,000 Operating incone Required: Answer each question Independently based on the original data: 1. What is the product's CM ratio? 2 Use the CM ratio to determine the break-even polnt in sales dollars.
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The following information is available for XYZ Company: Sales (in units) Selling price Variable costs Fixed costs (in total) 5,000 units $54 per unit $28 per unit ..... $46,800 Calculate the number of units XYZ Company must sell in order to break-even.
a. Total fixed cost is $1.440,000 and a unit of product is sold for $12 in excess of its unit variable cost. What is the break-even in units?

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Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The onthly fixed expenses are $22,500. s the company's break-even point in units? s the company's break-even point in dollars? uct a contribution margin income statement f