Summersville Production Company had the following projected information for the current year: Selling price per unit $150 Variable cost per unit $90 Total fixed costs $300,000 What is the contribution margin ratio? a.0.600 b.2.500 c.0.400 d.1.667

Q: If average revenue per unit is expected to be $25 and cost of goods sold are expected to be $17 per…

A: The breakeven point represents the level of sales or units sold at which total revenue equals total…

Q: ales (54,600 units @ $34) $1,856,400 Total variable cost 1,064,700 Contribution margin $ 791,700…

A: At break-even point, net is $0. So the contribution margin is equal to the total fixed cost.

Q: e. Fixed costs total $1,800,000, the variable cost per unit is $42, and the selling price per unit…

A: Dollar sales volume refers to the amount of sales to be sold by the company which can be calculated…

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A:

Q: Sheridan Company is using the target cost approach on a new product. Information gathered so far is…

A: The target cost is the maximum amount that a company  will incur on a product, project, or service…

Q: Bloom Company predicts it will incur fixed costs of $255,000 and earn income of $427,500 in the next…

A: Total dollar sales = Fixed costs plus pretax income / Contribution margin ratio Variable costs =…

Q: sales are $500,000, variable costs are $200,000, and fixed costs are $240,000, what is the…

A: MARGINAL COSTING INCOME STATEMENTMarginal Costing Income Statement is One of the Important Cost…

Q: Find the contribution profit margin based on the following information: cash fixed costs = $60,000;…

A: Sales = $100,000 Fixed cost = $60,000 Variable cost = $70,000   To calculate the contribution margin…

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A: Excel Spreadsheet:

Q: Suppose that a company expects the following financial results from a project during its first-year…

A: Sales revenue = $300,000.SP = $300,000/10,000 = $30.Variable cost = $100,000.VC per unit =…

Q: The X Corp income statement resembles the following after 35,000 units were sold in 2020.  Sales =…

A: Break-even point indicates a point of sales wither in units or dollars where the company will only…

Q: During March, a firm expects its total sales to be $162,000, its total variable costs to be $95,200,…

A: Ans. Contribution margin is calculated by deducting variable cost from total sales.

Q: ABC Company provides the following information about its product:   Targeted operating income…

A: We should first understand about the contribution margin ratio to solve this question. Contribution…

Q: product x has a contribution margin of $18 (20% of the sales price) and product Y has a contribution…

A: Break even point (BEP): Breakeven is the point where total expenses are equal to total revenue. at…

Q: A firm expects to sell 25,400 units of its product at $14 per unit. Income is predicted to be…

A: A constant cost is something that does not change in response to activities. It must be paid on a…

Q: Hudson Company reports the following contribution margin income statement. HUDSON COMPANY…

A: Let's understand the basics.When target income is given and calculation is needed for determining…

Q: Suppose that a company expects the following financial results from a project during its first year…

A: Contribution : In simple words, contribution is the reward for the efforts of the entrepreneur or…

Q: If the contribution margin on the firm's single product is $2.00 per unit and fixed costs are…

A:

Q: Total fixed cost of a product is IDR 10,000,000 and variable cost is IDR 50,000 per unit. The sale…

A: The Break-even point is at which the company earns no profit/loss. At this point companies…

Q: a. What is the current total product cost (for the 15 million units), including fixed and variable…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: A firm expects to sell 25,700 units of its product at $11.70 per unit and to incur variable costs…

A: Cost-volume-profit analysis is a technique that is used to determine the impact of costs and sales…

Q: 1) A company has a target income of $128,000. The contribution margin ratio is 30%. What dollar…

A: Cost volume profit analysis is the technique used by management for decision-making. The methods…

Q: ooner Industries charges a price of $82 and has fixed cost of $325,000. Next year, Sooner expects to…

A: Computation of variable cost and contribution margin ratio Contribution margin= (Contribution/…

Q: Management believes it can sell a new product for $9.00. The fixed costs of production are estimated…

A: Filling the Production Cost Table:QuantityTotal RevenueVariable CostsFixed CostsTotal CostsProfits…

Q: A company expects to sell 75,000 widgets at a price of $10.00. The unit variable costs are estimated…

A: Given Sales = 75,000  Per unit Price = $10.00 Variable Cost = $8.00 Fixed Cost = $125,000

Q: If sales are $30,000, fixed costs are margin ratio? $10,000, and variable costs are $7,000 what is…

A: Contribution Margin Ratio: It represents the money made on each product of the company after…

Q: If fixed costs are $1,334,000, the unit selling price is $240, and the unit variable costs are $109,…

A: Desired Sales = (Desired Income + Fixed Costs) / (Selling Price - Variable Costs)

Q: Consider the following information from the income statement of Leighton Company: Contribution…

A: Break-even point (BEP): Breakeven is the point where total expenses are equal to total revenue. At…

Q: ounded to the nearest dollar) using the following data is Line Item Description Amount Variable…

A: Markup % = (Fixed cost +  Desired profit) / Total Variable cost  Markup % = ($90,000 + $150,000) /…