Units? Find out Question:In 2021, Sagar Corp. sold 3,000 units at $500 each. Variable expenseswere $350 per unit, and fixed expenses were $780,000. The same variableexpenses per unit and fixed expenses are expected for 2022.If Sagar cuts selling price by 4%, what is Sagar's break-even point in unitsfor 2022?

Explanation of Break-even Point: Break-even point represents the number of units a company must sell…

Answered: Question: In 2021, Sagar Corp. sold…

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter4: Preparing And Using Financial Statements

Section: Chapter Questions

Problem 1gM

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You have the following information about a company in 2021: Total Costs were $174.7 million. Assume the Variable Costs were 60% and the rest were Fixed Costs. Sales Volume in thousands was 361.7 and will not change in the future. Cost inflation in 2022 was 5%. What was the variable cost per unit in 2022? Select one: O A. $290.1 O B. $105.2 O C. $483.5 O D. $304.3
Can you please provide correct answer the general accounting question?
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Target net income during 2020??
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Iverson, Inc. has $1,292,000 of sales revenue, $693,000 of variable costs, and $673,000 of fixed costs in 2023. Assuming the contribution margin percentage stays the same in 2024, what will the break even point (in sales dollars) be?
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Answer the following with proper solutions:
Miller Company's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (35,000 units) Variable expenses $ 280, 000 175, 000 $8.00 5.00 Contribution margin 105, 000 $3.00 Fixed expenses 46,000 $59,000 Net operating income Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 14%? 2. What is the revised net operating income if the selling price decreases by $1.50 per unit and the number of units sold increases by 19%? 3. What is the revised net operating income if the selling price increases by $1.50 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 7%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 9%?

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Question: In 2021, Sagar Corp. sold 3,000 units at $500 each. Variable expenses were $350 per unit, and fixed expenses were $780,000. The same variable expenses per unit and fixed expenses are expected for 2022. If Sagar cuts selling price by 4%, what is Sagar's break-even point in units for 2022?