Hi expert please give me answer general accounting Thomas Company sells products X, Y, and Z. Thomas sellsthree units of X for each unit of Z, and two units of Y foreach unit of X. The contribution margins are $1.00 perunit of X, $1.50 per unit of Y, and $3.00 per unit of Z. Fixedcosts are $600,000. How many units of X would Thomassell at the breakeven point?a. 40,000b. 120,000c. 360,000d. 400,000

Step 1: Definition of Composite Break-Even Composite break-even is the mix production of all the…

Answered: Thomas Company sells products X, Y, and…

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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7. Thomas Company sells products X, Y, and Z. Thomas sells 3 units of X for each unit of Z, and 2 units ofY for each unit of X. The contribution margins are P1.00 per unit of X, P1.50 unit of Y, and P3.00 per unit of Z. Fixed costs are P600,000. How many units of X would Thomas sell at the break-even point? a. 40,000 b. 120,000 per c. 360,000 d. 400,000 e. None of these; answer is 8. Day Mail Order Co. applied the high-low method of cost estimation to customer order data for the first four months of 2020. What is the estimated variable order filing cost component per order? Orders 1,200 1,300 1,800 1,700 Costs January February Р3,120 3,185 March 4,320 3,895 April a. P2.00 с. Р2.48 e. None of these; b. Р2.42 d. P2.50 answer is 9. Sender, Inc. estimates parcel mailing costs using data shown on the chart next page:
7. Thomas Company sells products X, Y, and Z. Thomas sells 3 units of X for each unit of Z, and 2 units of Y for each unit of X. The contribution margins are P1.00 per unit of X, P1.50 per unit of Y, and P3.00 per unit of Z. Fixed costs are P600,000. How many units of X would Thomas sell at the break-even point? a. 40,000 b. 120,000 e. None of these; c. 360,000 d. 400,000 answer is
Barkley Company sells two products, red cups and black mugs. Barkley predicts that it will sell 2,000 red cups and 600 black mugs in the next period. The unit contribution margins for red cups and black mugs are $2.20 and $3.90, respectively. What is the weighted average unit contribution margin? (Round the final answer to the nearest cent.) O A. $0.90 O B. $2.59 O C. $3.37 O D. $7.33
Angel Corporation produce calculators selling for $25.99. Its unit cost is $18.95 Assuming a fixed cost of $80,960, what is the breakeven point in units?
Solemnity Company produces a product that sells for P60. The variablemanufacturing costs are P30 per unit. The fixed manufacturing cost is P10 perunit based on the current level of activity, and fixed selling and administrativecosts are P8 per unit. A selling commission of 10% of the selling price is paid on each unit sold. The contribution margin per unit is: A. P24.B. P36.C. P30.D. P54
Versa Inc. sells a product for $100 per unit. The variable cost is $75 per unit, and fixed costsare $45,000. Determine (a) the break-even point in sales units and (b) the break-even point insales units if the company desires a target profit of $25,000.
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igelow Inc. sells a product for $1,200 per unit. The variable cost is $816 per unit, while fixed costs are $3,120,000. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $1,232 per unit. a. Break-even point in sales units units b. Break-even point if the selling price were increased to $1,232 per unit
Madlock, Inc. sells a product with a contribution margin of $10 per unit. Fixed costs are $1,800 per month. How many units must Madlock sell to break even? Begin by showing the formula and then entering the amounts to calculate the units Madlock must sell to break even. (Abbreviation used: CM = contribution margin. Complete all input fields. Enter a "0" for items with a zero value.) Target profit ) = Fixed costs ▼ + + HH CM per unit TOD Carmen Required sales in units
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?
Mayfield Company sells two products, Blue models and Plaid models. Blue models sell for $44 per unit with variable costs of $35 per unit. Plaid models sell for $55 per unit with variable costs of $40 per unit. Total fixed costs for the company are $12,000. Mayfield Company typically sells four Blue models for every three Plaid models. What is the breakeven point in total units? (Round any intermediary calculations to the nearest whole number.) O A. 148 units O B. 1,714 units O C. 1,000 units O D. 267 units
Product X sells for $50 with variable costs of $36 per unit and annual fixed costs of $1,200,000. If the company wants to earn an operating income equal to 20% of sales, how many units must be sold, assuming all units produced are sold?

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