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 selling price per unit?
The Yen Company has fixed costs of $750,000 and variable costs ..
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
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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
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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