Sunbeam Electronics has fixed costs of $45,000 per month. Each unit of a product sells for $50, and the variable cost per unit is $30. How many units must be sold to break even?
Q: Sunny Disposition, Inc. has net working capital of $32,500, current assets of $59,000, equity of…
A: Explanation of Net Fixed Assets:Net Fixed Assets represent a company's long-term tangible assets…
Q: Calculate income under absorption costing
A: Step 1:The difference between the absorption and variable costing is the treatment of fixed…
Q: Answer this Question
A: Concept of Predetermined Overhead Rate (POHR)The Predetermined Overhead Rate (POHR) is an estimated…
Q: Please need help with this financial accounting question not use ai please don't
A: Considering UK tax law as there is no mention of the country.Under UK law there are two scenarios as…
Q: Provide answer
A: Explanation of Average Accounts Receivable: Average accounts receivable represents the arithmetic…
Q: The allocation rate for packaging is
A: Explanation of Activity-Based Costing (ABC):Activity-Based Costing (ABC) is a cost allocation method…
Q: Need ans general accounting question
A: To determine the total cash collected by Harmony Services in 2023, we need to account for both cash…
Q: I need correct option this question general accounting
A: Step 1: Define Commercial Substance in ExchangesA nonmonetary exchange has commercial substance if…
Q: help this correct options is accounting.
A: Step 1: Definition of Average Collection PeriodThe average collection period measures the time a…
Q: I want answer
A: To determine the maximum sales increase Baron Enterprises can achieve before needing to increase its…
Q: No ai
A: Question 1: Integrated Control FrameworksThe question asks what distinguishes integrated control…
Q: Accounting 12
A: Concept of Equivalent UnitsEquivalent units represent the number of complete units that could have…
Q: Financial accounting question
A: Step 1: Define Rate of Return on a BondThe Rate of Return for a bond investor measures the total…
Q: Travis sells a stock for $8,900. The price at the time of purchase was $5,100. He paid a commission…
A: Given:Selling Price = $8,900Commission (Selling Expense) = $320Amount Realized = Selling Price -…
Q: Question: 12 - A machine costing $400,000 has a salvage value of $40,000 and a useful life of 12…
A: Explanation of Units of Activity DepreciationThe units of activity method allocates depreciation…
Q: Gross margin?
A: Definition of Gross Margin PercentageGross Margin Percentage is a financial metric that indicates…
Q: Discuss the nature of the lease using the appropriate criteria. Justify youranswer using…
A: Lease Agreement Analysis: Zanzibar Limited and Kaizen LimitedClassification of the LeaseFirst, let's…
Q: What was the net income for the year ?
A: To calculate net income, we use the formula: Net Income=Revenues−Expenses Step 1: Identify Given…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Net Operating Income under Variable CostingNet Operating Income (NOI) under…
Q: On January 1, 2016, Microlevel, Inc., purchased $70,000 face value of the 2% bonds of Service…
A: Approach to solving the question: For better clarity of the solution, I have provided the formula…
Q: subject: general accounting
A: Step 1: Define Standard Direct Labor Rate, Standard Direct Labor Hours, and Standard Labor…
Q: Subject accounting
A: Explanation of Projected Unit Sales:Projected Unit Sales refers to the estimated number of units a…
Q: I want to correct answer general accounting question
A: Step 1: Predetermined Overhead Rate (POR): POR=Budgeted Direct Labor HoursBudgeted Overhead=22,000…
Q: What is the estimated cash payback period for the machine on these financial accounting question?
A: Step 1: Define Cash Payback PeriodThe cash payback period is the time required for an investment to…
Q: Financial Accounting
A: Step 1: Definition of Total Investment AmountThe Total Investment Amount refers to the total cost…
Q: Swifty Corporation purchased Windsor Company 3 years ago and at that time recorded goodwill of…
A: Comparing the fair value with its carrying amount:The fair value of the Division =…
Q: Solve this problem general accounting question
A: Step 1: Define Accrued Interest PayableAccrued interest payable represents the amount of interest…
Q: I want to correct answer general accounting
A: Step 1: Definition of Straight-Line DepreciationStraight-line depreciation allocates the cost of an…
Q: Solve this General accounting problem
A: Explanation of Return on Assets (ROA):The Return on Assets (ROA) is a financial ratio that measures…
Q: accounting
A: Step 1: Definition of Interest ExpenseInterest expense is the cost a company incurs for borrowing…
Q: Financial accounting 5.9
A: Step 1: Definition of Capital TurnoverCapital Turnover is a financial metric that evaluates how…
Q: What will be total ending inventory balance?
A: Explanation of Lower-of-Cost-or-Market Rule: The lower-of-cost-or-market rule is a conservative…
Q: hello tutor please help me accounting questions
A: Step 1: Definition of Return on Equity (ROE)Return on Equity (ROE) is a financial ratio that…
Q: Beacon Corporation applies manufacturing overhead on the basis of direct labor hours. At the…
A: Concept of Predetermined Overhead RateThe predetermined overhead rate is an estimated rate used by…
Q: What is the total cost of work in process
A: The total cost of work in process for the year is also the total cost of goods put into…
Q: General accounting question
A: Step 1: Define Comprehensive IncomeComprehensive Income includes net income and other comprehensive…
Q: What is the total direct materials cost variance?
A: Explanation of Standard Cost: Standard cost is a predetermined expense amount assigned to a product…
Q: Accurate answer
A: Step 1: 1) Material Price Variance Material Price Variance = Actual Quantity of Input at Actual…
Q: ABC Company has December unit sales of 12,000 units. Assuming a 5 percent growth, what is the…
A: Approach to solving the question:Freeform Detailed explanation: To determine the projected unit…
Q: please give me true answer
A: Step 1: Definition of Gross MarginGross margin is the difference between sales revenue and the cost…
Q: accounting questions
A: Step 1: Definition of Return on Equity (ROE)In the domain of finance, the return on equity…
Q: Help
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is a calculated…
Q: What is the amount of total liabilities at the end of the year
A: Step 1: Recall the basic accounting equation.Assets = Liabilties + EquityEquity pertains to the…
Q: A business purchases depreciable equipment for 191 and sells it a few years later for 166. At the…
A: Explanation of Book Value: Book value is the net carrying value of an asset as shown on a company's…
Q: provide answer Financial Accounting
A: Step 1: Define Net IncomeNet income represents the company's total earnings after deducting all…
Q: Hello tutor please provide this question solution general accounting
A: Step 1: Introduction to the DefinitionsService Cost: The cost associated with the current year's…
Q: Calculate the gross margin of this financial accounting question
A: Step 1: Definition of Gross Margin under Absorption CostingGross Margin under Absorption Costing…
Q: The cost base using the absorption-cost approach is
A: Concept of Absorption CostingAbsorption costing is a cost accounting method where all manufacturing…
Q: Equipment unit for direct material for March?
A: Explanation of Process Costing:Process costing is a cost accounting method used in industries where…
Q: No AI ANSWER
A: Concept of Lease AccountingLease accounting refers to the process of recording lease agreements in a…
Provide solution this question


Step by step
Solved in 2 steps

- If a company has fixed costs of $6.000 per month and their product that sells for $200 has a contribution margin ratio of 30%, how many units must they sell in order to break even? A. 100 B. 180 C. 200 D. 2,000Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90. The companys monthly fixed expenses are $180,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of October when they will sell 10,000 units. How many units will Cadre need to sell in order to realize a target profit of $300,000? What dollar sales will Cadre need to generate in order to realize a target profit of $300,000? Construct a contribution margin income statement for the month of August that reflects $2,400,000 in sales revenue for Cadre, Inc.Kerr Manufacturing sells a single product with a selling price of $600 with variable costs per unit of $360. The companys monthly fixed expenses are $72,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of January when they will sell 500 units. How many units will Kerr need to sell in order to realize a target profit of $120,000? What dollar sales will Kerr need to generate in order to realize a target profit of $120,000? Construct a contribution margin income statement for the month of June that reflects $600,000 in sales revenue for Kerr Manufacturing.
- Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are $15,250. Delta Co.s tax rate is 36% and the company wants to earn $44,000 after taxes. What would be Deltas desired pre-tax income? What would be break-even point in units to reach the income goal of $44,000 after taxes? What would be break-even point in sales dollars to reach the income goal of $44000 after taxes? Create a contribution margin income statement to show that the break-even point calculated in B, generates the desired after-tax income.Schylar Pharmaceuticals, Inc., plans to sell 130,000 units of antibiotic at an average price of 22 each in the coming year. Total variable costs equal 1,086,800. Total fixed costs equal 8,000,000. (Round all ratios to four significant digits, and round all dollar amounts to the nearest dollar.) Required: 1. What is the contribution margin per unit? What is the contribution margin ratio? 2. Calculate the sales revenue needed to break even. 3. Calculate the sales revenue needed to achieve a target profit of 245,000. 4. What if the average price per unit increased to 23.50? Recalculate: a. Contribution margin per unit b. Contribution margin ratio (rounded to four decimal places) c. Sales revenue needed to break even d. Sales revenue needed to achieve a target profit of 245,000Dimitri Designs has capacity to produce 30,000 desk chairs per year and is currently selling all 30,000 for $240 each. Country Enterprises has approached Dimitri to buy 800 chairs for $210 each. Dimitris normal variable cost is $165 per chair, including $50 per unit in direct labor per chair. Dimitri can produce the special order on an overtime shift, which means that direct labor would be paid overtime at 150% of the normal pay rate. The annual fixed costs will be unaffected by the special order and the contract will not disrupt any of Dimitris other operations. What will be the impact on profits of accepting the order?
- Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The companys monthly fixed expenses are $22,500. What is the companys break-even point in units? What is the companys break-even point in dollars? Construct a contribution margin income statement for the month of September when they will sell 900 units. How many units will Maple need to sell in order to reach a target profit of $45,000? What dollar sales will Maple need in order to reach a target profit of $45,000? Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.DogXAX Manufacturing has fixed overhead costs of $50,000 per month and variable costs of $5 per unit. If they sell each unit for $15, how many units must they sell to break even?
- A company that manufactures electronic items sells them for $145 each. They need to sell 780 items per month to break even. If the fixed costs are $23,500 per month, what are the variable costs per item?JAX Manufacturing has fixed overhead costs of $65,000 per month and variable costs of $4 per unit. If they sell each unit for $17, how many units must they sell to break even? HelpA CERTAIN PRODUCT SELLS FOR $55. IT HAS VARIABLE COSTS OF $33 PER UNIT AND FIXED COSTS OF $300,000 PER YEAR. HOW MANY THE PRODUCTS MUST COMPANY MANUFACTURE TO BREAK EVEN?



