Problem 3-23A (Algo) Comprehensive CVP analysis LO 3-1, 3-2, 3-3, 3-4, 3-5 [The following information applies to the questions displayed below.] Baird Company makes and sells products with variable costs of $24 each. Baird incurs annual fixed costs of $340,200. The current sales price is $87. Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. Problem 3-23A (Algo) Part f f. If variable cost rises to $30 per unit and fixed costs are $285,600, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req F1 Req F2 If variable cost rises to $30 per unit and fixed costs are $285,600, what level of sales is required to earn the desired profit? (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) Sales volume in units Sales volume in dollars
Problem 3-23A (Algo) Comprehensive CVP analysis LO 3-1, 3-2, 3-3, 3-4, 3-5 [The following information applies to the questions displayed below.] Baird Company makes and sells products with variable costs of $24 each. Baird incurs annual fixed costs of $340,200. The current sales price is $87. Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. Problem 3-23A (Algo) Part f f. If variable cost rises to $30 per unit and fixed costs are $285,600, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req F1 Req F2 If variable cost rises to $30 per unit and fixed costs are $285,600, what level of sales is required to earn the desired profit? (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) Sales volume in units Sales volume in dollars
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me with all answers thanku
![Problem 3-23A (Algo) Comprehensive CVP analysis LO 3-1, 3-2, 3-3, 3-4, 3-5
[The following information applies to the questions displayed below.]
Baird Company makes and sells products with variable costs of $24 each. Baird incurs annual fixed costs of $340,200.
The current sales price is $87.
Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in
Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d
applies to the subsequent requirements.
Problem 3-23A (Algo) Part f
f. If variable cost rises to $30 per unit and fixed costs are $285,600, what level of sales is required to earn the desired profit? Express
your answer in units and dollars. Prepare an income statement using the contribution margin format.
Complete this question by entering your answers in the tabs below.
Req F1
Req F2
If variable cost rises to $30 per unit and fixed costs are $285,600, what level of sales is required to earn the desired
profit? (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next
whole unit.)
Sales volume in units
Sales volume in dollars](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Faed3de54-433a-4da2-b51c-03cbeee1d515%2Fbfd2bf54-a539-4406-ba9e-c9b5939fb7f1%2Ftih0pvr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Problem 3-23A (Algo) Comprehensive CVP analysis LO 3-1, 3-2, 3-3, 3-4, 3-5
[The following information applies to the questions displayed below.]
Baird Company makes and sells products with variable costs of $24 each. Baird incurs annual fixed costs of $340,200.
The current sales price is $87.
Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in
Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d
applies to the subsequent requirements.
Problem 3-23A (Algo) Part f
f. If variable cost rises to $30 per unit and fixed costs are $285,600, what level of sales is required to earn the desired profit? Express
your answer in units and dollars. Prepare an income statement using the contribution margin format.
Complete this question by entering your answers in the tabs below.
Req F1
Req F2
If variable cost rises to $30 per unit and fixed costs are $285,600, what level of sales is required to earn the desired
profit? (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next
whole unit.)
Sales volume in units
Sales volume in dollars
![f. If variable cost rises to $30 per unit and fixed costs are $285,600, what level of sales is required to earn the desired profit? Express
your answer in units and dollars. Prepare an income statement using the contribution margin format.
Complete this question by entering your answers in the tabs below.
Req F1
Req F2
If variable cost rises to $30 per unit and fixed costs are $285,600, prepare an income statement using the contribution
margin format.
BAIRD COMPANY
Income Statement
Required information
Problem 3-23A (Algo) Comprehensive CVP analysis LO 3-1, 3-2, 3-3, 3-4, 3-5
[The following information applies to the questions displayed below.]
Baird Company makes and sells products with variable costs of $24 each. Baird incurs annual fixed costs of $340,200.
The current sales price is $87.
Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in
Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d
applies to the subsequent requirements.
Problem 3-23A (Algo) Part g
g. Assume that Baird concludes that it can sell 10,000 units of product for $80 each. Recall that variable costs are $30 each and fixed
costs are $285,600. Compute the margin of safety in units and dollars and as a percentage. (Do not round intermediate calculations.
Round your answers to the nearest whole number. Round your percentage answer to nearest whole percentage For example,
0.1234 should be entered as 12%)
Margin of safety in units
Margin of safety in dollars
Margin of safety
%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Faed3de54-433a-4da2-b51c-03cbeee1d515%2Fbfd2bf54-a539-4406-ba9e-c9b5939fb7f1%2Fscebodc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:f. If variable cost rises to $30 per unit and fixed costs are $285,600, what level of sales is required to earn the desired profit? Express
your answer in units and dollars. Prepare an income statement using the contribution margin format.
Complete this question by entering your answers in the tabs below.
Req F1
Req F2
If variable cost rises to $30 per unit and fixed costs are $285,600, prepare an income statement using the contribution
margin format.
BAIRD COMPANY
Income Statement
Required information
Problem 3-23A (Algo) Comprehensive CVP analysis LO 3-1, 3-2, 3-3, 3-4, 3-5
[The following information applies to the questions displayed below.]
Baird Company makes and sells products with variable costs of $24 each. Baird incurs annual fixed costs of $340,200.
The current sales price is $87.
Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in
Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d
applies to the subsequent requirements.
Problem 3-23A (Algo) Part g
g. Assume that Baird concludes that it can sell 10,000 units of product for $80 each. Recall that variable costs are $30 each and fixed
costs are $285,600. Compute the margin of safety in units and dollars and as a percentage. (Do not round intermediate calculations.
Round your answers to the nearest whole number. Round your percentage answer to nearest whole percentage For example,
0.1234 should be entered as 12%)
Margin of safety in units
Margin of safety in dollars
Margin of safety
%
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