1.4.67 general accounting The Yen Company has fixed costs of $750,000 andvariable costs are 70% of the selling price. To realizeprofits of $330,000 from sales of 620,000 units, theselling price per unit:A. Must be $1.33B. Must be $4.00C. Must be $5.81D. Is indeterminable

Step 1:The selling Price per unit can be calculated by putting the values of fixed cost and other…

Answered: The Yen Company has fixed costs of…

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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The Yen Company has fixed costs of $750,000 and variable costs are 70% of the selling price. To realize profits of $330,000 from sales of 620,000 units, the selling price per unit: 1. Must be $1.33 2. Must be $4.00 3. Must be $5.81 4. Is indeterminable
Mazoon Company's variable costs are 75% of the selling price and its fixed costs are $80,000. To realize profits of ?$20,000 from sales of 60,000 units, using the CVP equation, what would be the selling price per unit $1.66 a O None of the given answers .b O $1.77 .c O $6.67 d O $5.33 .e O
If the selling price per unit is $50, the variable expense per unit is $20, and total fixed expenses are $260,000, what are the breakeven sales in dollars? A. $433,333 B. $650,000 OC. $185,714 ⒸD. $156,000
A company with P280,000 of fixed costs has the following data: Product A Product B Sales price per unit P5 P6 Variable costs per unit P3 P5 Assume three units of A are sold for each unit of B sold. How much will sales be in pesos of product B at the breakeven point?
Given the selling price at P120 per unit; contribution margin at 25% and fixed cost at P250,000, the total variable expenses at the breakeven point would be? c. P 450,000 d. P 250,000 a. P 350,000 b. P 750,000
Gorilla, Co. provides two products, M and W. M accounts for 60 percent of total sales, variable cost as a percentage of selling price are 60% for M and 85% for W. Total fixed costs are P225,000. If fixed costs will increase by 30 percent, what amount of peso sales would be necessary to generate an operating profit of P48,000?
What is the correct choice? How many total dollars of sales must BAC Company sell to break even if the selling price per unit is $8.50, variable costs are $4.00 per unit, and fixed costs are $9,000? a. $4,000 b. $8,500 c. $9,000 d. $17,000
Bonita Industries requires sales of $1500000 to cover its fixed costs of $800000 and to earn net income of $400000. What percentage is its variable costs of sales? 53% 80% 20% O 27%
The following information is for Corp: Selling price $60 per unit Variable costs $40 per unit Total fixed costs $125,000 If targeted operating income is $50,000 , then targeted sales revenue is how much?
Ajani Company has variable costs equal to 40% of sales. The company is considering a proposal that will increase sales by $10,000 and total fixed costs by $6,000. By what amount will net income increase? A. $6,000 B. $4,000 C. $2,000 D. $0
Product X sells P25 per unit and has related variable costs of P20 per unit. The fixed costs of producing Product X are P40,000 per month. How much should be the sales of product X to earn an operating income of P80,000? P 24,000 P 120,000 P 200,000 P 600,000 Group of answer choices 1 2 3 4
If fixed costs are $260,000, the unit selling price is $75, and the unit variable costs are $46, the old and new break-even sales (units), respectively, if the unit selling price increases by $5 are Oa, 8,966 units and 3,467 units Ob. 5,652 units and 7,147 units Oc. 8,966 units and 7,647 units Od. 3,467 units and 8,966 units

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The Yen Company has fixed costs of $750,000 and variable costs are 70% of the selling price. To realize profits of $330,000 from sales of 620,000 units, the selling price per unit: A. Must be $1.33 B. Must be $4.00 C. Must be $5.81 D. Is indeterminable