The contribution margin ratio is 25% for Grain company and the break-even point in sales is $200,000. To obtain a target net operating income of $60,000, sales would have to be

Q: The Sales are $98,000. The Variable Costs are $42,000. The Fixed Costs are $21,000. Calculate the…

A: If you have any questions let me know in comment box thankyou for your question.

Q: Apex Company sells a product for $220 per unit. The variable cost is $170 per unit, and fixed costs…

A: The Break-even point is the point where the company does not earn profit nor does it incur a loss in…

Q: a. Coastal Company budgets sales of $1,070,000, fixed costs of $55,400, and variable costs of…

A: Income statement is a financial statement that shows profitability, total revenue and total…

Q: Sunshine Company’s single product has a selling price of P25 per unit. Last year the company…

A: Required sales in units can be calculated by dividing sum of fixed cost and profit with contribution…

Q: he contribution margin ratio is 25% for your company and the break-even point in sales revenue is…

A: Break even sales in dollars = Fixed expense / Contribution Margin Ratio Contribution margin =…

Q: At a level of 19,200 units sold, Lee Corp. has sales of $593,300, a contribution margin ratio of…

A: Contribution = Sales - Variables Cost  Or  Contribution = Fixed Cost + Profit  Contribution Margin…

Q: The contribution margin ratio is 25% for Your Company and the break-even point in sales revenue is…

A: Break-even analysis is a technique used widely by production management. It helps to determine the…

Q: A company sells one of its products for $13.60 per unit. Its fixed costs are $1,056.00 per month,…

A: A company can determine the minimum sales volume necessary to avoid losses by using break-even…

Q: The contribution margin ratio of Thronson Corporation's only product is 69%. The company's monthly…

A: Reference: Break-Even And Target Income - principlesofaccounting.com. (2021, October 7).…

Q: Jim Murphy borrowed $30,000 on a 120-day 14% note. Jim paid $5,000 toward the note on day 95. On day…

A: When a lender gives a borrower a one-time loan, the borrower receives an instrument called a loan…

Q: For Blossom Company, variable costs are 70% of sales, and fixed costs are $182,000. Management's net…

A: The Break-even point is the point where the company is able to cover all its costs but does not make…

Q: Maroon Company's contribution margin ratio is 27%. Total fixed costs are $98,550. What is Maroon’s…

A: Given that, Total fixed costs = $98,550  Contribution margin ratio = 27%

Q: Chelsea Company has sales of $400,000, variable costs of $10 per unit, fixed costs of $100,000, and…

A: Total contribution margin :— It is the difference between total sales revenue and total variable…

Q: The contribution margin ratio is 25% and contribution margin at break even point is $200,000. What…

A: Formula: Fixed costs = Break even point in sales x Contribution margin ratio Multiplying…

Q: Data concerning Wislocki Corporation's single product appear below. Percent of Sales 100% 25% 75%…

A: Operating income is revenue less any operating expenses, while net income is operating income less…

Q: The following annual information is for Dexter Corporation:   Product A Revenue per unit: $20.00…

A: Formula: Unit contribution margin = Selling price - Variable cost per unit

Q: The contribution margin ratio is 25% for Company A and the break-even point in sales is $260,000. If…

A: The break even sales are calculated as fixed cost divided by contribution margin ratio.

Q: Last year, Bread City had sales of 70,000 loaves resulting in revenues of $350,000. Variable costs…

A: Solution:- Profit means the surplus of revenue over the incurred costs.

Q: A Company produces a single product which sells for $20 per unit. Variable Cost is $15 and fixed…

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