Sheridan Recreation Products sells the Amazing Foam Frisbee for $19. The variable cost per unit is $6; fixed costs are $26.000 per month (a) Your Answer Correct Answer Your answer is correct. What is the breakeven point in units? in sales dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars Round answers to 0 decimal places, eg 5,275) The breakeven point The breakeven sales (b) eTextbook and Media Solution 2000 38000 frisbees Attempts unlimited

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter14: Capital Structure Management In Practice
Section14.A: Breakeven Analysis
Problem 7P
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Sheridan Recreation Products sells the Amazing Foam Frisbee for $19. The variable cost per unit is $6; fixed costs are $26,000 per
month.
(a)
Your Answer Correct Answer
Your answer is correct.
What is the breakeven point in units? In sales dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars.
Round answers to O decimal places, eg. 5,275)
The breakeven point
The breakeven sales
(b)
eTextbook and Media
Solution
$
eTextbook and Media
Save for Later
2000
frisbees
38000
How many frisbees must Sheridan sell to earn $39,000 in monthly operating income? (Round answer to O decimal places, eg. 5,275)
frisbees
Attempts: unlimited
Attempts: unlimited Submit Ar
(c)
The parts of this question must be completed in order. This part will be available when you complete the part above.
(d)
The parts of this question must be completed in order. This part will be available when you complete the part above.
Transcribed Image Text:Sheridan Recreation Products sells the Amazing Foam Frisbee for $19. The variable cost per unit is $6; fixed costs are $26,000 per month. (a) Your Answer Correct Answer Your answer is correct. What is the breakeven point in units? In sales dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars. Round answers to O decimal places, eg. 5,275) The breakeven point The breakeven sales (b) eTextbook and Media Solution $ eTextbook and Media Save for Later 2000 frisbees 38000 How many frisbees must Sheridan sell to earn $39,000 in monthly operating income? (Round answer to O decimal places, eg. 5,275) frisbees Attempts: unlimited Attempts: unlimited Submit Ar (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above.
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