Orion Home Furnishings expects the following for the current year ending December 31: Fixed Costs: $2,400,000 Unit Variable Cost: $25.00 Unit Selling Price: $40.00 Compute the anticipated break-even sales in units.
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- Faldo Company produces a single product. The projected income statement for the coming year, based on sales of 200,000 units, is as follows: Required: 1. Compute the unit contribution margin and the units that must be sold to break even. Suppose that 30,000 units are sold above the break-even point. What is the profit? 2. Compute the contribution margin ratio and the break-even point in dollars. Suppose that revenues are 200,000 greater than expected. What would the total profit be? 3. Compute the margin of safety in sales revenue. 4. Compute the operating leverage. Compute the new profit level if sales are 20 percent higher than expected. 5. How many units must be sold to earn a profit equal to 10 percent of sales? 6. Assume the income tax rate is 40 percent. How many units must be sold to earn an after-tax profit of 180,000?general acountingSolution method please.
- Assume Sparkle Co. expects to sell 150 units next month. The unit sales price is $90, unit variable cost is $45, and the fixed costs per month are $5,000. The margin of safety in terms of sales revenue is: Round to two decimal places.Boss Enterprises currently sells its products for $30 per unit. Management is contemplating a 40% increase in the selling price for the next year. Variable costs are currently 40% of sales revenue and are not expected to change next year. Fixed expenses are $126,000 per year. What is the breakeven point in units at the current selling price? O A. 18 units ов. 10,500 units O C. 3,000 units O D. 7,000 unitsGiven answer with calculation
- For a single product being manufactured, the fixed cost F is $9,877 per month and the required profit Pr is $1,832 per month. The selling price P and the variable cost V are constant, and P > V. If the profit increases by 13%, the sales revenue in dollars per month will: A. increase by 2.03% B. decrease by 18.55% C. Increase by 1.30% D. decreease by 87.00%Items purchased from a vendor cost $20 each, and the forecast for next year’s demand is 1,000 units. If it costs $5 every time an order is placed for more units and the storage cost is $4 per unit per year, a. What quantity should be ordered each time? b. What is the total ordering cost for a year? c. What is the total storage cost for a year?Derby Phones is considering the introduction of a new model of headphones with the following price and cost characteristics. Sales price $ 23 per unit Variable costs 6 per unit Fixed costs 24,000 per month Assume that the projected number of units sold for the month is 6,000. Consider requirements (b), (c), and (d) independently of each other. Required: What will the operating profit be? What is the impact on operating profit if the sales price decreases by 10 percent? Increases by 20 percent? What is the impact on operating profit if variable costs per unit decrease by 10 percent? Increase by 20 percent? Suppose that fixed costs for the year are 10 percent lower than projected, and variable costs per unit are 10 percent higher than projected. What impact will these cost changes have on operating profit for the year? Will profit go up? Down? By how much?
- Summersville Production Company had the following projected information for the current year: Selling price per unit $150 Variable cost per unit $90 Total fixed costs $300,000 What is the break-even point in units? a.60,000 units b.2,000 units c.3,333 units d.5,000 unitscertain spare parts has a selling price of P150 if they would sell 8000 units per month. If for every P1.00 increase in selling price, 80 units less will be sold out per month. If the production cost is P100 per unit, find the price per unit for maximum profit per month. a. P150 b. P250 c. P175 d. P225The costs and revenue projections for a new product are estimated. What is the estimated profit at a production rate of 20% above breakeven? Fixed cost = $456,000 per year Production cost per unit = $156 Revenue per unit = $342 The estimated profit is determined to be $ per year.