Solaris Enterprises' break-even point in sales is $1,050,000, and its variable expenses are 72% of sales. If the company lost $56,000 last year, what must have been the total sales?
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- 67) Sabv Corporation's break-even-point in salesis $675,000, and its variable expen ses are 75% of sales. If the company lost $24,000 last year, sales must have amounted to: A) $651,000 B) $579,000 C) $603,000 D) $471,000 Answer: Bsales must have amounted to ?What were its actual sales for the year on these financial accounting question?
- What is the actual profit of this financial accounting question?Jonick Company has sales of $460,000, and the break-even point in sales dollars is $372,600. Determine the company's margin of safety as a percent of current sales.___ %Frontier Industries' break-even point in sales is $1,200,000, and its variable expenses are 65% of sales. If the company earned $75,000 last year, sales must have amounted to: a. $1,414,286 b. $1,350,000 c. $1,275,000 d. $1,125,000
- True answer? ? General AccountingWhat were the total sales revenue of this financial accounting question?Vole Co has operating gearing of 160%. It calculates operating gearing by dividing contribution by operating profit. How much will Vole Co's operating profit fall by if its sales volume reduces by 20%? %
- The Rachel Company has sales of $820,000, and the break-even point in sales dollars is $672,400. Determine the company's margin of safety as a percent of current sales.Q.2) Laraby Company produces a single product. It sold 25,000 units last year with the following results. Sales Variable costs Fixed costs 625,000 375,000 150,000 100,000 45,000 55,000 Income before taxes Income taxes (45%) After-tax profit In an attempt to improve its product, Laraby's managers are considering replacing a component part that costs $2.50 with a new and better part costing $4.50 per unit during the coming year. A new machine would also be needed to increase plant capacity. The machine would cost $18,000 and have a useful life of 6 years with no salvage value. The company uses straight-line depreciation on all plant assets.Last year Minden Company introduced a new product and sold 25, 300 units of it at aprice of $99 per unit. The product's variable expenses are $69 per unit and its fixedexpenses are $837,300 per year. Required: 1. What was this product's net operatingincome (loss) last year? 2. What is the product's break - even point in unit sales anddollar sales? 3. Assume the company has conducted a marketing study that estimates itcan increase annual sales of this product by 5.000 units for each $2 reduction in itsselling price. If the company will only consider price reductions in increments of $2 (e.g$68, $66, etc.), what is the maximum annual profit that it can earn on this product?What sales volume and selling price per unit generate the maximum profit? 4. Whatwould be the break - even point in unit sales and in dollar sales using the selling pricethat you determined in requirement 3?