Question 9 Calculate amount of sales when variable costs are equal to 2/5t" of sales and fixed costs are equal to 150,000. Ans: 250000. ABC Enterprises Corporation's single product appear below: Selling Price Per Unit Variable Expense Per Unit Fixed Expenses for the month Rs. 150 06 424,840 The unit sales to attain the company's monthly target profit of Rs. 50,000 is closest to:

Question 9 Calculate amount of sales when variable costs are equal to 2/5t" of sales and fixed costs are equal to 150,000. Ans: 250000. ABC Enterprises Corporation's single product appear below: Selling Price Per Unit Variable Expense Per Unit Fixed Expenses for the month Rs. 150 06 424,840 The unit sales to attain the company's monthly target profit of Rs. 50,000 is closest to:

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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Multiproduct breakeven analysis and target profit, taxes Pursuit Company produces two products: Bric and Brac. The following table summarizes the products' details and planned unit sales for the upcoming period: Bric BrAc Sellingpriceperunt...........$S25$30 Variablecostperunit ... $14$17 Planned unit sales volume . . . . . . 800, 000 400,000 Pursuit Company has total fixed costs of $10 million and faces a tax rate of 30%. Required (a)What is Pursuit Company's expected profit at the planned level of sales? (b)Assuming a constant sales mix, what are the unit sales of Bric and Brac required for Pursuit Company to break even? (c) Assuming a constant sales mix, what are the unit sales of Bric and Brac required for Pursuit Company to earn an after-tax income of $910, 000 ?
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Question 6 Kennish Company sold 5840 units for $46 each. Variable costs were $27 per unit and total fixed expenses were $23860. What is Kennish's net income?