tioBear Publishing sells a nature guide. The following information was reported ftor a typical month:s) is private when it is sent to this site.TotalPer UnitSales$ 17,600 $ 16.00Variable expenses9,680ate (VaContribution margin7,920Fixed expensess (21 in use)Net operating income3,600$ 4,320tingsWhat is Bear's current break-even point in unit and dollars? (Round your intermediate calculations to 2 decimal places.)Multiple Choice500 units and $8,0001,100 units and $17,6008,000 units and $5001,100 units and $8,000

Break even point - It is a Level of sales where company will have No Profit and No Loss. Revenue…

tioBear Publishing sells a nature guide. The following information was reported for a typical month: s) is private when it is sent to this site. Total Per Unit Sales $ 17,600 $ 16.00 Variable expenses ate (V 9,680 Contribution margin 7,920 Fixed expenses 5 (21 1 Net operating income 3,600 $ 4,320 tings What is Bear's current break-even point in unit and dollars? (Round your intermediate calculations 1 Multiple Choice 500 units and $8,000 1,100 units and $17,600 8,000 units and $500 1,100 units and $8,000

tioBear Publishing sells a nature guide. The following information was reported for a typical month: s) is private when it is sent to this site. Total Per Unit Sales $ 17,600 $ 16.00 Variable expenses ate (V 9,680 Contribution margin 7,920 Fixed expenses 5 (21 1 Net operating income 3,600 $ 4,320 tings What is Bear's current break-even point in unit and dollars? (Round your intermediate calculations 1 Multiple Choice 500 units and $8,000 1,100 units and $17,600 8,000 units and $500 1,100 units and $8,000

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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NEED ANSWER FOR ALL OR SKIP PLEASE DO NOT SAY ABOUT YOUR GUIDELINES PROVIDE COMPLETE CORRECT WELL EXPLAINED FORMULATED ANSWER FOR ALL PARTS Disk City, Inc., is a retailer for digital video disks. The projected net income for the current year is $2,370,000 based on a sales volume of 270,000 video disks. Disk City has been selling the disks for $17 each. The variable costs consist of the $4 unit purchase price of the disks and a handling cost of $2 per disk. Disk City’s annual fixed costs are $600,000.Management is planning for the coming year, when it expects that the unit purchase price of the video disks will increase 20 percent. (Ignore income taxes.)Required:1. Calculate Disk City’s break-even point for the current year in number of video disks. (Round your final answer up to nearest whole number.)2. What will be the company’s net income for the current year if there is a 15 percent increase in projected unit sales volume?3. What volume of sales (in dollars) must Disk City achieve…
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