Mario Company has total fixed costs of $570,000. Total fixed and variable costs are $622,500 at a production level of 205,000 units. The fixed cost per unit at a production level of 300,000 units is Question 45 options: $1.90 $3.04 $2.78 $2.08

Mario Company has total fixed costs of $570,000. Total fixed and variable costs are $622,500 at a production level of 205,000 units. The fixed cost per unit at a production level of 300,000 units is Question 45 options: $1.90 $3.04 $2.78 $2.08

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: M and M, Inc. produces a product that has a variable cost of $4.50 per unit. The company's fixed…

A: Variable costs are business expenses that change depending on how much a company provides or sells.

Q: If fixed costs are $255,000, the unit selling price is $33, and the unit variable costs are $15, the…

A: Breakeven sales revenue is that level of sales revenue at which the business is only recovering its…

Q: Anna Inc. sells two products as follows: Product A Product B Units sold 3,800 4,750 Selling price…

A: The amount of income that remains after deducting the variable costs related to manufacturing a good…

Q: If fixed costs are $287,000, the unit selling price is $31, and the unit variable costs are $21, the…

A: At break-even sales units, there is no profit or loss to the entity. It is a level of sales where…

Q: Variable manufacturing costs are $125 per unit, and fixed manufacturing costs are $206,800. Sales…

A: Solution- A- Absorption costing operating…

Q: A product sells for $400 per unit and its variable costs per unit are $260. The company’s fixed…

A: Answer: Option c

Q: Blue and Gold Company has total fixed costs of $375,000. Total fixed and variable costs are $625,000…

A: Answer - Fixed costs do not vary with the production level. Total fixed costs remain the same,…

Q: 2

A: Variances is the amount of difference between the actual values and the values estimated by the…

Q: Megan Company has fixed costs of $2,254,000. The unit selling price, variable cost per unit, and…

A: Weighted contribution margin per unit =$280 ×60%+$280×40%=168+112=$280

Q: Calculate the number of units that must be sold in order to realize an operating income of $153,000…

A: The contribution margin is calculated as the difference between the sales and variable costs. The…

Q: The following data are available for product number CK74, manufactured and sold by Ruby Corporation:…

A: Lets understand the basics. Contribution is a amount remain of sales after deducting variable cost…

Q: The data relates to product P: Selling price $25 per unit Variable cost $20 per unit Fixed costs are…

A: Breakeven is the point, where total expenses (variable + fixed) are equal to total revenue. At this…

Q: If fixed costs are $260,000, the unit selling price is $75, and the unit variable costs are $46, the…

A: Break-even analysis is a technique used widely by the production management. It helps to determine…

Q: Orchid Corp. has a selling price of $15, variable costs of $10 per unit, and fixed costs of $25,000.…

A: Contribution margin is difference of Sales and variable costs Contribution Margin = Sales Revenue…

Q: If fixed costs are $285,000, the unit selling price is $34, and the unit variable costs are $16, the…

A: Break even sales in units = Fixed cost/Contribution margin per unit

Q: Knox Corp has a selling price of $18, variable costs of $13.86 per unit, and fixed costs of $23,500.…

A: The question is based on the concept of Financial Management. Contribution Margin is the difference…

Q: VC per unit when LAV is 100 units = $ 20FC per unit when LAV is 200 units = $ 10Required: Calculate…

A: "Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Harper Inc. has fixed costs of $600,000 when it produces 300,000 units. Its total variable costs are…

A: Fixed costs remain constant with the change in level of production but variable costs change as the…

Q: Heyden Company has fixed costs of $733,950. The unit selling price, variable cost per unit, and…

A: Break-even analysis is a technique widely used by the production department. It helps to determine…

Q: Need help with this question

A: Step 1: Introduction to the Markup PercentageThe markup percentage and the markup amount for a given…

Q: A company's product sells at $12.22 per unit and has a $5.33 per unit variable cost. The company's…

A: Break-even is the point at which the entity is in a situation of no profit or no loss. It is the…

Q: Round intermediate calculations to the nearest cent and the final answer to the nearest dollar.) A.…

A: Variable Cost Is The Cost That Changes With The Change In Increase Or Decrease In Production Units.…

Q: If fixed costs are $266,000, the unit selling price is $29, and the unit variable costs are $20, the…

A: Break Even Point is that point of sales, where all the expenses (Fixed and variable) are recovered…

Q: Zero, Inc. produces a product that has a variable cost of $6.00 per unit. The company's fixed costs…

A: Cost volume profit analysis is a technique used by the company to have an estimate of required…

Q: Baker Company's target operating income for Product Blue is $50,000. Fixed costs are $17,300 and…

A: Required sales to achieve target income are covered under the cost volume profit analysis method. It…

Q: Hunter Ltd sells a unique product with the following information available: Sales price $85 per…

A: Fixed cost remains constant. They will not change by change in output. Thus for production and…

Q: Saved Orchid Corp. has a selling price of $15, variable costs of $12 per unit, and fixed costs of…

A: Contribution margin per unit = selling price - variable costs per unit = $15 - $12 = $3 per unit

Q: If fixed costs are $268,000, the unit selling price is $122, and the unit variable costs are $72,…

A: break-even sales - at breakeven sales represent the sales required to cover total costs both fixed…

Q: Assume a company produces one product that sells for $55, has a variable cost perunit of $35, and…

Q: correct option is a,b,c or d

A: Given information:Sales for 3,600 units = $306,000Variable costs for 3,600 units =…

Q: Total Variable cost is 490,000 OMR total units sold is 7000 units, total fixed cost is 80000…

A: TOTAL FIXED COST = 80000 OMR VARIABLE COST PER UNIT = 490,000 OMR / 7000 UNITS = 70

Q: Total fixed costs for Green Planes Inc. are $150,000. Total costs, including both fixed and…

A: Calculations are as follows

Q: If fixed costs are $299,000, the unit selling price is $35, and the unit variable costs are $16, the…

A: The right answer is a . 13,337 units

Q: If fixed costs are $287,000, the unit selling price is $33, and the unit variable costs are $15, the…

A: Break-even point is the number of units position where the company is making no profit no loss.…

Q: Connor Company has fixed costs of $400,000, the unit selling price is $25, and the unit variable…

A: Break-even sales refer to the level of sales at which a company's revenue exactly equals its total…

Q: If fixed costs are $272,000, the unit selling price is $122, and the unit variable costs are $71,…

A: Break-even sales (units) = Fixed costs/Contribution margin per unit

Q: Target profit is $100,000; fix costs are $120,000 and fixe administrative costs are $50 variable…

A: MARGINAL COSTING INCOME STATEMENTMarginal Costing Income Statement is One of the Important Cost…

Question

Mario Company has total fixed costs of $570,000. Total fixed and variable costs are $622,500 at a production level of 205,000 units. The fixed cost per unit at a production level of 300,000 units is

Question 45 options:

	$1.90
	$3.04
	$2.78
	$2.08

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

uality Containers Industries Inc. has fixed costs of $368,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company’s two products follow: Product Selling Price Variable Cost per Unit Contribution Margin per Unit AA $125 $85 $40 BB 90 40 50 The sales mix for Products AA and BB is 40% and 60%, respectively. Determine the break-even point in units of AA and BB. a. Product AA fill in the blank 1 unitsb. Product BB fill in the blank 2 units
A product is sold at $12 per unit, the unit contribution margin is $7, and total fixed expenses are $9800, what are the breakeven sales in units? Question 19 options: 1400 817 68,600 117,600
Blue Company developed the following information for its product: Per Unit Sales price $90 Variable cost 63 Contribution margin $27 Total fixed costs $1,215,000 Required:Answer the following independent questions and show computations using the contribution margin technique to support your answers. How many units must be sold to break even? 2. What is the total sales that must be generated for the company to earn a profit of $60,000?
Help
Which of the following is a fixed cost? Multiple Choice A cost that is $40.00 per unit when production is 100,000, and $80.00 per unit when production is 160,000. A cost that is $40.00 per unit when production is 100,000, and $40.00 per unit when production is 160,000. A cost that is $80.00 per unit when production is 100,000, and $80.00 per unit when production is 160,000. A cost that is $40.00 per unit when production is 100,000, and $25.00 per unit when production is 160,000.
Jarvis Company produces a product that has a selling price of $26 and a variable cost of $22 per unit. The company's fixed costs are $73,000. What is the break-even point measured in sales dolla intermediate calculations.) Multiple Choice $91,250 $401,500 $474,500 $146,000
Zeus, Incorporated produces a product that has a variable cost of $6 per unit. The company's fixed costs are $40,000. The product sells for $11 a unit and the company desires to earn a $25,000 profit. What is the volume of sales in units required to achieve the target profit? Note: Do not round Intermediate calculations. Multiple Choice 8,500 units 13,000 units 8,000 units 7,625 units
Solomon company has total fixed cost of $15,000, variable cost per unit of $6, and a price of $8. If Solomon wants to earn a target profit of $3,600, how many units must be sold? 2,500 7,500 9,300 18,600 18,750
provide the answer with correct option with
Please help me with show all calculation thanku
Solve this problem with calculation and provide answer in text Format please
Zeta Company sells a single product with a selling price of $300 per unit. Per unit variable costs are $82.00 and total fixed costs are $127,500. The number of units Zeta needs to sell to achieve its target profit of $50,000 is closest to: 610 814 a. b. C. d. 1,555 2,165