Steven Company has fixed costs of $384,154. The unit selling price, variable cost per unit, and contribution margin perunit for the company's two products are as follows:ProductXYSelling Price per Variable Cost perUnitUnit$414196$1,104366Contribution Marginper Unit$690170The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y.Round answers to the nearest whole number.units of Xunits of Y

BREAKEVEN POINTBreak Even means the volume of production or sales where there is no profit or…

Answered: Steven Company has fixed costs of…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 7PA: Manatoah Manufacturing produces 3 models of window air conditioners: model 101, model 201, and model...

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Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is 6. Total fixed cost is 10,000. Required: 1. Prepare a CVP graph with Units Sold as the horizontal axis and Dollars as the vertical axis. Label the break-even point on the horizontal axis. 2. Prepare CVP graphs for each of the following independent scenarios: (a) Fixed cost increases by 5,000, (b) Unit variable cost increases to 7, (c) Unit selling price increases to 12, and (d) Fixed cost increases by 5,000 and unit variable cost is 7.
The profit function for two products is: Profit3x12+42x13x22+48x2+700, where x1 represents units of production of product 1, and x2 represents units of production of product 2. Producing one unit of product 1 requires 4 labor-hours, and producing one unit of product 2 requires 6 labor-hours. Currently, 24 labor-hours are available. The cost of labor-hours is already factored into the profit function, but it is possible to schedule overtime at a premium of 5 per hour. a. Formulate an optimization problem that can be used to find the optimal production quantity of products 1 and 2 and the optimal number of overtime hours to schedule. b. Solve the optimization model you formulated in part (a). How much should be produced and how many overtime hours should be scheduled?
Megan Company has fixed costs of $1,673,280. The unit selling price, variable cost per unit, and contribution margin per unit for the company’s two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $900 $580 $320 Zoro 720 440 280 The sales mix for products Yankee and Zoro is 20% and 80%, respectively. Determine the break-even point in units of Yankee and Zoro.a. Product Model Yankee fill in the blank 1 of 2 unitsb. Product Model Zoro fill in the blank 2 of 2 units
Steven Company has fixed costs of $181,104. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit X $832 $312 $520 Y 430 230 200 The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. Round answers to the nearest whole number.fill in the blank 1 units of Xfill in the blank 2 units of Y
Heyden Company has fixed costs of $733,950. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Selling Price Variable Cost per Unit Contribution Margin per Unit QQ $330 $180 $150 ZZ 460 400 60 The sales mix for Products QQ and ZZ is 50% and 50%, respectively. Determine the break-even point in units of QQ and ZZ. If required, round your answers to the nearest whole number. a. Product QQ fill in the blank 1 unitsb. Product ZZ fill in the blank 2 units
Steven Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company’s two products are provided below. Product Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit X $180 $80 $100 Y 100 50 50 The sales mix for Products X and Y is 55% and 45%, respectively. Determine the break-even point in units of X and Y.
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GEM Company has a unit selling price
What is the overall contribution margin ratio?
What isbthe overall contribution margin ratio ?
Steven Company has fixed costs of $175,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are as follows: Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit $1,225 $674 $551 238 158 The sales mix for products X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined. Round your intermediate calculations and final answers to the nearest whole number. units = X units Previous Next search 9:44 PM 53°F Cloudy #五 a. 12/6/2021 pause USE YOUR SMARTPHONE FOR Rovlews Videos Featurs
The XYZ Company has three major products, whose contribution margins are shownbelow in Table 1.1. Table 1.1. Presents description of the mixed products and related contribution margin Description Product A B C Sales Price $ 13 $12 $6.5 Variable cost per unit 8 6 4 CM/Unit 5 6 2.5 Total fixed costs are $100,000. Question (a) the break-even point in units in total and for each product if the three products are sold in the proportions of 30%,50%, and 20%, and (b)the break-even point in total and for each product if the sales mix ratio changes to 50%, 30%, and 20%

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