Model M Model N 10,000 10000 $240000 5000000 Fined overhead per Estimated profabove capacit $160.000 $100.000 The product manufactured using this type of machine (M or N) is sold at $100 per unit. Among the given options, determine level of sales at which both the models will earn thesame profit. 7,000 units 8.000 units 6,000 units 5.500 units

Model M Model N 10,000 10000 $240000 5000000 Fined overhead per Estimated profabove capacit $160.000 $100.000 The product manufactured using this type of machine (M or N) is sold at $100 per unit. Among the given options, determine level of sales at which both the models will earn thesame profit. 7,000 units 8.000 units 6,000 units 5.500 units

Name: Model M Model NInstalled capacity (tFred overhead per aEstimated prof
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Description: Model M Model NInstalled capacity (tFred overhead per aEstimated profit ut above capacit $160,000 $100.00010,000 10:000$240.000 $100.000The product manufacturedusing this type of machine(M or N) is sold at $100 perunit.Among the given options,determ

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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rt A company sells a product which has a unit sales price of $6, unit variable cost of $4 and total fixed costs of $210000. The number of units the company must sell to break even is O 52500 units. 350000 units. 35000 units O 105000 units.
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One Two Three Estimated customer demand in units 700 600 800 Selling price per unit Variable cost per unit Machine-hours per unit $ 80 $ 65 $ 26 $ 45 $ 20 $ 35 2.5 3.0 1.25 The company has only 1,200 machine-hours available. What is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource? Multiple Cholce $25,600 $24,600 $26,600 $23,600
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Viewrom Current Attempt in Progress Concord Corporation incurred the following costs for 66000 units: Variable costs Fixed costs $396000 $11.94 $6.00 $7.40 $13.34 392000 Concord has received a special order from a foreign company for 3500 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $4900 for shipping. If Concord wants to break even on the order, what should the unit sales price be?
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