Tykee Company has the following data:Variable costs are 75% of the unit selling price.The unit contribution margin is $400.The fixed costs are $600,000.Which of the following expresses the break-even point in dollars?.25 x 600,000 = XO a.O b.600,000 .75 = Xc.($600,000+ $400) x.75 = X

Break-even point (BEP): Breakeven is the point where total expenses are equal to total revenue. at…

Answered: Tykee Company has the following data:…

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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Assume the following (1) sales = $200,000, (2) unit sales = 10,000, (3) the contribution margin ratio = 37%, and (4) net operating income = $10,000. Given these four assumptions, which of the following is true? Multiple Choice The total fixed expenses = $126,000 The variable expense per unit = $7.40 The total contribution margin = $74,000 The break-even point is 8,077 units
Case 1. If fixed costs are $17,000,000 with breakeven units at 400,000 and the variable cost is $17,000,000 what is the unit sales price at the breakeven point? Case 2 Brown Company's contribution margin ratio is 24%. Total fixed costs are $84,000. What is Brown's break-even point in sales dollars? Case 3 A product sells for $200 per unit, and its variable costs per unit are $130. The fixed costs are $420,000. What is the break-even point in dollar sales? Case 4 A product sells for $30 per unit and has variable costs of $20 per unit. The fixed costs are $720,000. If the variable costs per unit were to decrease by 18%, if fixed costs increase to $900,000, and the selling price increases by 25%, what would be the breakeven point in units? Case 5 A company manufactures and sells a product for $X per unit. The company's fixed costs are $68,760, and its variable costs are $Y per unit. If the company’s contribution margin is 35% what is amount of variable cost?
2. Sooner Industries charges a price of $82 and has fixed cost of $325,000. Next year, Sooner expects to sell 14,800 units and make operating income of $187,000. What is the variable cost per unit? What is the contribution margin ratio? Note: Round your variable cost per unit answer to the nearest cent. Enter the contribution margin ratio as a percentage, rounded to two decimal places. Line Item Description Answer Variable cost per unit $fill in the blank 2 per unit Contribution margin ratio fill in the blank 3 %
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Yanks Ltd uses the following cost function: Y = $7000 + $8.50X. If the number of units produced in a month is 200, what would be the total cost?
Aragon Company produces and sells a particular home appliance. The variable cost (VC) per unit is P50. The unit selling price (SP) is P120 while fixed cost (FC) is P70,000. What is the cost function in this case? a. P = 120x – 50x – 70,000b. C = 50x + 70,000c. R = 120x d. no answer
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