Sara .co. want to earn a total contribution margin of Birr 10,000 on sales of 1,000 units. Their sales price is Birrl15 per unit, and their fixed costs are Birr 5,000. What variable cost per unit is necessary to achieve their goal?

Sara .co. want to earn a total contribution margin of Birr 10,000 on sales of 1,000 units. Their sales price is Birrl15 per unit, and their fixed costs are Birr 5,000. What variable cost per unit is necessary to achieve their goal?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Viva sells its waterproof phone case for $124 per unit. Fixed costs total $247,000, and variable costs are $37 per unit. (1) Determine the contribution margin ratio. Contribution margin Contribution Margin Ratio Numerator: (2) Determine the break-even point in dollars. Numerator: 1 1 1 1 per unit Denominator: Denominator: = Contribution Margin Ratio Contribution margin ratio = = Break-Even Point in Dollars Break-even point in dollars 0 0
Find out BEP in units and value with the following data:Fixed cost - $30000Variable cost - $20 per unitSelling Price - $50 per unit.
A company's product sells at $12.26 per unit and has a $5.39 per unit variable cost. The company's total fixed costs are $96,700. The contribution margin per unit is:
A jeans maker is designing a new line of jeans called Slams. Slams will sell for $205 per unit and cost $164 per unit in variable costs to make. Fixed costs total $60,000. 1. Compute the contribution margin per unit. Contribution margin 2. Compute the contribution margin ratio. Numerator: I Denominator: 1 3. Compute income if 5,000 units are produced and sold. Income Contribution Margin Ratio = Contribution margin ratio 0
Zulu sells its waterproof phone case for $100 per unit. Fixed costs total $177,000, and variable costs are $38 per unit. Compute the units that must be sold to get a target income of $210,500. Units to be sold to achieve targeted income Numerator: Denominator: Units to Achieve Target Units to achieve target %3D
Furillo Furriers has a contribution margin ratio of 80 percent and must sell 12,000 stoles at a unit price of $400 to break even I Compute total fixed costs. a. Compute variable cost per unit b. Develop the company's cost formula.
Please help me with show all Calculation thanku
Fuschia Company's contribution margin per unit is $15. Total fixed costs are $90.300. What is Fuschia's break even point in units? Multiple Choice
The variable cost to make a cellular device is $ 300 and the fixed costs are $ 1,400 per day. Decide: a) The equation of the total cost "y" of manufacturing "x" cell phones per day b) What is the cost of manufacturing 250 cell phones per day?
Using the high low method, Hadley Company calculated the variable cost as $2.5 per unit. The high level of the activity was 2320 units and $38325 of total cost. Total fixed costs equal $ your answer as a whole number. 32.525 Moving to another question will save this response. Ent << Question 4 of
Coronado Company has the following data:Variable costs are 80% of the unit selling price.The unit contribution margin is $400.The fixed costs are $596000.Which of the following expresses the break-even point in dollars? 0.20 x 596000 = X ($596000 ÷ $400) x 0.80 = X 596000 ÷ 0.80 = X $596000 ÷ 0.20 = X