Hello tutor please provide this question solution general accounting Mountain View Bike Company sells bikes for $120 per bike. In FY 2024,total fixed costs are expected to be $360,000 and variable costs are estimatedat $45 per unit. Mountain View Bike Company wants to have an FY 2024operating income of $150,000.Use this information to determine the number of units of bikes thatMountain View Bike Company must sell in FY 2024 to meet this goal.

Step 1: Definition of Break-even and Target Profit SalesThe break-even and target profit sales…

Answered: Mountain View Bike Company sells bikes…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 10EB: Keleher Industries manufactures pet doors and sells them directly to the consumer via their web...

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Sky City Company sells kites for $17.00 per kite. In FY 2024, total fixed costs are expected to be $260,000, and variable costs are estimated at $12.25 a unit. Sky City Company wants to have an FY 2024 operating income of $75,000. Use this information to determine the number of units of kites that Sky City Company must sell in FY 2024 to meet this goal. (Don’t round-up unit calculation) solve the problem
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Ocean City Kite Company sells kites for $9 per kite. In FY 2019, total fixed costs are expected to be $240,000 and variable costs are estimated at $3 a unit. Ocean City Kite Company wants to have an FY 2019 operating income of $90,000.Use this information to determine the number of units of kites that Ocean City Kite Company must sell in FY 2019 to meet this goal.
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Garcia Corporation manufactures a drink bottle, model CL24. During 2020, Garcia produced 190,000 bottles at a total cost of $674,500. Beecher Corporation has offered to supply as many bottles as Garcia wants at a cost of $3.45 per bottle. Garcia anticipates needing 205,000 bottles each year for the next few years. Read the requirements. Requirement 1a. What is the average cost of manufacturing a drink bottle in 2020? How does it compare to Beecher's offer? The average cost of per bottle is than Beacher's offer Requirement 1b. Can Garcia use the answer in requirement 1a to determine the cost of manufacturing 205,000 drink bottles? Explain. take the average manufacturing cost in 2020 to determine the total cost of manufacturing 205,000 drink bottles. The reason is that Garcia Requirement 2. Garcia's cost analyst uses annual data from past years to estimate the following regression equation with total manufacturing costs of the drink bottle as the dependent variable and drink bottles…
The company is planning to use a new material throughout 2023. This will reduce variable costs by 10%. Fixed costs are expected to remain unchanged. As the factory's output is nearing its annual output capacity of 38,000 units, the company plans to increase the selling price by 5%. This will decrease sales volume by 20%. Use cost-volume-profit analysis to determine whether the company should proceed with the plan.
ABB Company reported the results from sales of 5,000 units of Product Y for April 2022. See image.Assume that ABB plans to increase the selling price of Product Y by 10% in June 2022. How many units of the product would have to be sold to maintain an operating income of P20,000? Assume that ABB plans to increase the selling price of Product Y by 10% in June 2022. How many units of the product would have to be sold to earn a net income of P48,000? ABB is subject to 25% corporate income tax.

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