Summit Manufacturing has fixed costs of $3,250,000. Their product sells for $25 per unit with variable costs of $15 per unit. If Summit wants to achieve a target net income of $900,000, how many units must they sell?
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- Pioneer Manufacturing has fixed costs of $60,000 and variable costs of $40 per unit. If they sell each unit for $100, how many units must be sold to earn a target profit of $40,000? (Round your answer). General AccountWhat does the selling price per unit need to be?Halifax Products sells a product for $75. Variable costs per unit are $50, and monthly fixed costs are $75,000. Answer the following questions: Required: What is the break-even point in units? What unit sales would be required to earn a target profit of $200,000? Assuming Halifax achieve the level of sales required in part b, what is the margin of safety in sales dollars?
- The marketing manager of Jordan Corporation has determined that a market exists for a telephone with a sales price of $19 per unit. The production manager estimates the annual fixed costs of producing between 41,600 and 80,700 telephones would be $310,200. Required Assume that Jordan desires to earn a $120,000 profit from the phone sales. How much can Jordan afford to spend on variable cost per unit if production and sales equal 47,800 phones? Variable cost per unitBradley Company sells a product that has variable costs of $54 each and a sales price $79 each. Bradley has fixed costs of $110,000 and a desired profit of $35,000. If the Company is able to reduce its variable cost per unit to $39 while holding all other items constant, the number of units that must be sold to earn the desired profit willSwifty Corporation is planning to sell 810000 units for $1.50 per unit. The contribution margin ratio is 20% . If Swifty will break even at this level of sales, what are the fixed costs? O $810000 $567000. O $930000. $243000.