Pathfinder Incorporated produces and sells a single product. Data concerning that product appear below:DescriptionSelling price per unitVariable expense per unitFixed expense per monthAmount$240$150$36,000The break-even in monthly unit sales is closest to: (Round your intermediate calculations to 2 decimal places)O A 240 unitsB.400 unitsOC 150 unitsD.320 units

Lets understand the basics.Break even point is a point at which no profit no loss condition arise.…

Answered: Pathfinder Incorporated produces and…

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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Delos, Inc. reports the following information for April: Sigma 2,000 units $300 150 Units sold Sales price per unit Variable manufacturing cost per unit Sales commission per unit: Sigma: 8% of sales price Gamma: 10% of sales price What is the contribution margin of Sigma? OA. $300,000 OB. $252,000 OC. $72,000 OD. $552,000 24 Gamma 700 units $600 480 60
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Cullumber Company makes 2 products, sleep masks and sleep socks. Additional information follows: Sleep Socks 2,800 $34,000 10,004 Units Sales Variable costs Fixed costs Net income Profit per unit Sleep Masks Sleep Masks 4,300 $69,000 38,986 11,954 $18,060 Sleep Socks $4.20 Compute the Contribution margin per unit. (Round answers to 2 decimal places, e.g. 15.25.) 12,012 $ $11,984 $4.28 Contribution margin per unit
The Corporation produces and markets two types of electronic Model and Model The following were gathered on activities during the third quarter Sales in units model 4A 5300 model 5A 3150 Sales price per unit model 4A $130 model 5A $230 Variable production costs per unit model 4A $26 model 5A $49 Traceable fixed production costs model 4A $203000 model 5A 303000 Variable selling expenses per unit model 4A $13 model 5A $15 Traceable fixed setting expenses model 4 A $11500 model 5A $16500 Allocated portion of corporate expenses model 4A $122000 model 5A $ 126000 Required: Prepare a segmented income statement for last quarter The statement should provide sufficient detail to allow the company to evaluate the performance of the manager of each product line.
Ramirez Corp. has two customers, C1 and C2. Ramirez Corp currently allocates indirect costs to customers at a rate of 5% of customer revenue. Data for C1 and C2 are as follows: C1 C2 Selling Price per Unit $20.00 $20.00 Units Sold 50,000 12,000 Manufacturing Cost per unit $15.00 $15.00 Number of Purchase Orders 112 27 Number of deliveries 105 68 Number of Inspection 77 50 Customer Visits 40 35 A. Using the current costing system to allocate support costs, calculate Operating Income for customers C1 and C2. Ramirez Corp.'s Management Accountant has gathered the following ABC rate information: ABC Cost Rate Number of purchase orders $40 per purchase order $85 per delivery $200 per expedited delivery Number of deliveries Number of inspections Number of customer visits $400 per customer visit b. Calculate the total support cost allocated to C1 & C2 using the Activity Based Costing (ABC) system. c. Comparing the indirect cost allocated in part a. to the indirect cost allocated in part b.…
Simple Accounting - CPV. The unit price for towel is $18.59 and the variable cost is $7.11. If the fixed cost for the retailer is $22,853.71 and the targeted operating income is $40,500.00, how many units should be sold (round to the nearest unit)? O a. 5,519 O b. 8,911 O c. 3,408 O d. 2,465
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