Answer this without using chatgpt or AI The cost to manufacture an unfinished unit is $140 ($95variable, $45 fixed). The selling price per unit is $155. Thecompany has the unused productive capacity and hasdetermined that units could be finished and sold for $198with an increase in variable costs of 40%.What is the additional net income per unit to be gainedby finishing the unit?

Concept of Variable CostVariable cost refers to expenses that change in direct proportion to…

Answered: The cost to manufacture an unfinished…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Similar questions

The cost to manufacture an unfinished unit is $140 ($95 variable, $45 fixed). The selling price per unit is $155. The company has the unused productive capacity and has determined that units could be finished and sold for $198 with an increase in variable costs of 40%. What is the additional net income per unit to be gained by finishing the unit?
Currently, the unit selling price of a product is $390, the unit variable cost is $320, and the total fixed costs are $1,008,000. A proposal is being evaluated to increase the unit selling price to $440. a. Compute the current break-even sales (units). units b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant. units
Compute the contribution margin per unit?
urrently, the unit selling price of a product is $410, the unit variable cost is $340, and the total fixed costs are $1,176,000. A proposal is being evaluated to increase the unit selling price to $460. a. Compute the current break-even sales (units).fill in the blank 1 of 1 units b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant.fill in the blank 1 of 1 units
Currently, the unit selling price of a product is $410, the unit variable cost is $340, and the total fixed costs are $1,176,000. A proposal is being evaluated to increase the unit selling price to $460. a. Compute the current break-even sales (units).fill in the blank 1 units b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant.fill in the blank 2 units
Currently, the unit selling price of a product is $210, the unit variable cost is $170, and the total fixed costs are $312,000. A proposal is being evaluated to increase the unit selling price to $230. a. Compute the current break-even sales (units). b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant.
Currently the unit selling price of a product is $200, the unit variable cost is $110, and the total fixed costs are $585,000. A proposal is being evaluated to increase the unit selling price to $275. Under the proposed plan, the variable cost per unit and the total fixed cost will not change. 1) Calculate the contribution margin per unit. 2) Calculate the contribution margin ratio. 3) Calculate the breakeven point in units under the current scenario.
Currently, the unit selling price is $50, the variable cost, $34, and the total fixed costs, $108,000. A proposal is being evaluated to increase the selling price to $54. (a) Compute the current break-even sales (units). (b) Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant.
Currently, the unit selling price of a product is $200, the unit variable cost is $160, and the total fixed costs are $408,000. A proposal is being evaluated to increase the unit selling price to $220. a. Compute the current break-even sales (units). 8,400 X units b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant. 5,600 X units
Step by step answer
If fixed costs are $500,000 and the unit contribution margin is $20, what amount of units must be sold in order to have a zero profit?
fixed cost per unit is $1 when 100000 units are profuced and $2 per unit when 50,000 units are produced. what is the total fixed cost when nothing is produced? answer to the nearest whole dollar.

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