1) what is the breakeven selling price per unit for Product A?2) For product C, assume the selling price cannot change., what variable cost per unit will result in breakeven at 150 units sold?3) what is the breakeven unit sales for Product F. Do not give answer in image PriceUnit of salesUnit costFixed costVariable costTotal costSales revenueNet incomeProduct A7.00300.004.501000.00Product B12.00280.006.001200.00Product C16.00150.003.002000.00Product D9.00350.005.001000.00Product E13.00300.005.501200.00Product F20.00220.007.001500.00Product G6.00300.001.00600.00

A useful method for assessing a company's financial health and viability is breakeven sales…

rice nit of sales nit cost xed cost ariable cost otal cost ales revenue Product A 7.00 300.00 4.50 1000.00 Pro uct b 12.00 280.00 6.00 1200.00 16.00 150.00 3.00 2000.00 Product D 9.00 350.00 5.00 1000.00 13.00 300.00 5.50 1200.00 20.00 220.00 7.00 1500.00 Product G 6.00 300.00 1.00 600.00

rice nit of sales nit cost xed cost ariable cost otal cost ales revenue Product A 7.00 300.00 4.50 1000.00 Pro uct b 12.00 280.00 6.00 1200.00 16.00 150.00 3.00 2000.00 Product D 9.00 350.00 5.00 1000.00 13.00 300.00 5.50 1200.00 20.00 220.00 7.00 1500.00 Product G 6.00 300.00 1.00 600.00

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: Which one of the following is not considered an assumption of cost-volume-profit analysis? a. Sales…

A: Cost volume profit analysis enables the management in determining the relation of costs and revenues…

Q: Select all of the options that, if changed, would affect the break-even point. Check All That Apply…

A: Break-even point is defined as the volume of production where the total cost is equal to the total…

Q: On the CVP graph, the next unit sold will increase total cost by an amount equal to the Select one:…

A: CVP (Cost Volume Profit) graph shows the connection between the costs incurred in production and…

Q: 2. Determine the missing amounts. Contribution Margin Contribution Margin per Unit Unit Selling…

A: The missing figures in the above table.

Q: Which of the following conditions would cause the break-even point to increase? Oa. total fixed…

A: The break even point the fixed cost of the production of the material is equal to the difference in…

Q: On the CVP graph, the next unit sold will increase total cost by an amnount equal to the Select one:…

A: CVP analysis refers to the Cost Volume Profit Analysis. In the cost volume Profit analysis the main…

Q: If only the selling price per unit of a product increases (variable cost per unit and total fixed…

A: CVP analysis, or cost-volume-profit analysis, is a management accounting technique used to analyze…

Q: On the cost-volume-profit graph, the area between the total cost line and the sales line before the…

A: on the cost volume profit graph, the area between the total costline and the sales line before the…

Q: Which one of the following is not considered an assumption of cost-volun O a. Fixed cost per unit is…

A: Option E is the correct answer i.e Cost can be Divided into variable and fixed components.

Q: Verna Salsbury telis you that she thinks the terms foxed cost and variable cost are confusing. She…

A: Cost is the amount incurred on receiving the services or goods. Therefore, any amount which is…

Q: The conventional CVP (Cost-volume and profit) analysis has some underlying assumptions regarding…

A: Cost volume profit analysis - This analysis shows how a change in variable cost and change in fixed…

Q: Cost, revenue, and profit are in dollars and x is the number of units. If the total profit function…

A: Hello. Since your question has multiple parts, and the first part has incomplete information we will…

Q: The breakeven point increases if: O a. the selling price per unit increases O b. the total fixed…

A: 1) D is the correct answer Because The break-even point can increase once the number of fixed prices…

Q: (1)Use the graph to answer the question that follows. Based on the chart above, if the product…

A: Marginal revenue is referred as the revenue, which usually leads from the sale of an one additional…

Q: Break-even analysis assumes that: Multiple Choice Total revenue is constant. Unit variable expense…

A: Break even point: The point at which there will be no profit or loss for the company. At this…

Q: ?Which one of the following is not considered an assumption of cost-volume-profit analysis Costs can…

A: The question is multiple choice question. The question is related to Marginal Costing and is of cost…

Q: when the contribution margin ratio increases

A: Option A is wrong because break-even point decreases when the contribution margin ratio increases.…

Q: Given SP as selling Price per unit; FC for Total fixed cost an expenses; and VC for Variable cost…

A: SOLUTION- FORMULA - B.E.P (IN UNITS) = FIXED COST / SELLING PRICE PER UNIT - VARIABLE COST PER…

Q: 2. Which of the following pieces of information is not needed to calculate the break- even point in…

A: Break-even point refers to the number of goods that is required to be sold by a business in order to…

Q: Select the correct statement concerning the below cost-volume-profit graph: Line E A O a. None O b.…

A: Margin of safety=Budgeted sales in dollars-Break even level in sales dollars

Q: Which of the following statements about CVP analysis is true? O a. Unit selling price, unit variable…

A: Cost volume profit analysis is the methods to identify the impact on operating income due to the…

Q: You decide to increase advertising, you will not change the selling price and variable cost per unit…

A: Break Even Point :— It is the point of production where total cost is equal to total revenue. At…

Q: Which of the following would lead to the breakeven point of a product shifting to the left on a…

A: Break-even analysis is done in order to find out at what point the total cost will be equal to the…

Q: If XYZ Company sells unit outputs that exceed the breakeven point, a. there will be an increase in…

A: CVP investigation takes a goose at the impact of deals volume minor departure from prices and…

Q: Which one of the following statements is false?

A: Variable Cost: This cost varies with the change in the volume of activity. This cost is directly…

Q: hich of the following statements related to CVP chart is not true? To determine the variable cost…

A: This option is not true :- E. The intercept between the total cost line on a graph and the y axis…

Q: The ratio of contribution margin in dollars to the selling price is the: Select one: Oprofit margin.…

A: We know that, Contribution is sales - variable cost

Q: If Mazoon Company sells unit outputs that exceed the breakeven point there will be a profit .a total…

A: Break even point means a point where firm is neither earning profit nor incurring any loss. For…

Q: Which of the following statements related to CVP chart is not true? O a. None of the given answers.…

A: The question is multiple choice question.The question is related to cost volume profit analysis.…

Q: How do costs behave when there is a change in volume? a) ______ increases or decreases in total in…

A: Hi student SInce there are multiple questions, we will answer only first question. Since first…

Q: Which of the following conditions would cause the break-even point to decrease? a. Increase in unit…

A: The break-even point in units is a financial concept that represents the number of units a business…

Q: If the number of units produced decreases, which of the following is true? answer choices…

A: Lets understand the basics. Variable costs are cost which changes with level of output. For ex.…

Q: :The variable cost ratio is calculated as contribution margin ratio - (the selling price per…

A: Variable cost Ratio= Variable Cost per unit/ Selling price per unit

Q: Break-even is the number of units at which? a. total revenue equals price times quantity b. total…

A: The break even sales are the sales where business earns no profit no loss during the period. The…

Q: The cost-volume-profit analysis for a breakeven chart does not assume Group of answer choices Some…

A: Contribution means the difference between the selling price and variable cost . Fixed cost remain…

Q: As volume increases, which of the following statements is NOT correct? O Variable cost per unit will…

A: In accounting we see that costs are of main two types – fixed costs and variable costs. Fixed costs…

Q: The break-even point is that level of activity where:

Q: Which of the following statements is true? I. Incremental analysis is an analytical approach that…

A: In this set of statements, we will examine the accuracy of each statement in the context of…

Q: company manufactures a single product, product Y. It has documented levels of demand at certain…

A: Contribution margin = Sale price per unit - Variable cost incurred

Q: Which of the following is true of fixed and variable costs? Volume changes will not change the…

A: Fixed cost includes expenses that remain constant irrespective of the level of outputs, like rent,…

Question

1) what is the breakeven selling price per unit for Product A?

2) For product C, assume the selling price cannot change., what variable cost per unit will result in breakeven at 150 units sold?

3) what is the breakeven unit sales for Product F.

Do not give answer in image

Price
Unit of sales
Unit cost
Fixed cost
Variable cost
Total cost
Sales revenue
Net income
Product A
7.00
300.00
4.50
1000.00
Product B
12.00
280.00
6.00
1200.00
Product C
16.00
150.00
3.00
2000.00
Product D
9.00
350.00
5.00
1000.00
Product E
13.00
300.00
5.50
1200.00
Product F
20.00
220.00
7.00
1500.00
Product G
6.00
300.00
1.00
600.00

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Define break even sale sanalysis

VIEW

Step 2: 1) The calculation of the Breakeven selling price of product A is as follows-

VIEW

Step 3: 2) The calculation of variable cost of product C is as follows-

VIEW

Step 4: 3) The calculation of breakeven units of product F is as follows-

VIEW

Solution

VIEW

Step by step

Solved in 5 steps with 3 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

The contribution margin ratio is calculated as: a. None of the given answers b. Selling price per unit - the variable cost per unit C. The selling price per unit ratio /variable cost per unit ratio d. The selling price per unit/variable cost per unit e. (total sales/total sales) - variable cost ratio pe here to search hp f6 10 # 3 4 6. R Y G H. J S
1. If only the selling price per unit of a product increases (variable cost per unit and total fixed costs do not change), Using Break Even Analysis, provide a unique mathematical example to support the break even point decreasing
On the CVP graph, the next unit sold will increase sales by an amount equal to the Select one: O a. Contribution margin ratio O b Selling price per unit minus the variable.costs per unit Oc Variable costs per unit Od. Difference between contribution margin and fixed costs O e. Selling price per unit
1. Fill in the missing numbers in the table. Use the following questions to help fill in the missing numbers in the table: a. What is the total contribution margin? b. What is the total variable expense? c. How many units were sold? d. What is the per-unit variable expense? e. What is the per-unit contribution margin? 2. Answer the following questions about breakeven analysis: a. What is the breakeven point in units? b. What is the breakeven point in sales dollars? 3. Answer the following questions about target profit analysis and safety margin: a. How many units must the company sell in order to earn a profit of $48,000? b. What is the current margin of safety in units? c. What is the margin of safety in sales dollars? d. What is the margin of safety in percentage?
On the costvolume - profit graph which of the following would result into a decrease in the breakeven point (Assuming other factors remain unchanged )? a. Decrease in number of units sold b.Decrease in selling price per unit c. Increase in fixed costs d. Decrease in variable cost per unit e. None of the given answers
Solve the quantitative analysis problem from the picture below: Formulas: BEP : Fixed cost / (selling price per unit)-(variable cost per unit) : f / s - v profit : sX - f - vX (selling price per unit)(number of units sold) - [fixed cost + ( variable costs per unit)(number of units sold)]
Which of the followings is not correct about cost-based pricing? Select one: a. Total fixed costs change as the production amount changes. b. Total costs are the sum of total fixed and variable costs. c. Total variable costs increase due to a rise in production level. d. Variable costs per unit tend to be constant with respect to number of units produced.
Which of the following statements about CVP analysis is false? O a. Operating income calculations in CVP analysis are based on contribution margin not gross margin. O b. Unit selling price, unit variable costs, and total fixed costs are known and remain constant. Oc. Managers use (CVP) analysis to study the behavior of and relationship among the elements such as total revenues, total costs, and income O d. Total revenues and total costs are linear in relation to output units. O e. All of the given answers are true. LEVIOUS PAGE FINISH ATTEMPT ... Finish Esc FnLock F1 F2 F3 F4 FB F9 F10 F11 @ 23 2$ % 1 3 4 6 8. Q W E IT Y S G Y J L. C NIM 24 Alt こ0 >
Which of the following statements about CVP analysis is false? O a. Operating income calculations in CVP analysis are based on contribution margin not gross margin. O b. Unit selling price, unit variable costs, and total fixed costs are known and remain constant. O c. Managers use (CVP) analysis to study the behavior of and relationship among the elements such as total revenues, total costs, and income O d. Total revenues and total costs are linear in relation to output units. O e. All of the given answers are true. OUS PAGE FINISH ATTEMPT ... F1 F2 F3 F4 F5 F6 F7 F8 F10 23 % & 2 3 4 7 8. V Q W T A F K 13 C V BYNI M 24 S
Holding other factors constant, a company's contribution margin per unit will increase with: a. All answers given are NOT correct. O b. any increase in quantity sold. С. any increase in variable cost per unit O d. any decrease in the selling price per unit e. increase in its total fixed costs
Which one of the following is not considered an assumption of cost-volume-profit analysis? a. Costs can be divided into variable and fixed components O b. Costs are nonlinear Fixed cost per unit is not constant О с. O d. Sales mix of products sold does not change e. Selling price per unit does not change with volume O O 0 O O