Vega Enterprises sells an electronic device at $75.00 per unit with a CM ratio of 25%. The company's fixed expenses are $300,000 per year, and it expects to sell 12,000 units this year. What are the variable expenses per unit?
Q: What was the change in gross fixed assets?
A: Explanation of Net Fixed Assets: Net fixed assets represent the book value of a company's fixed…
Q: Provide correct answer of this question answer general Accounting
A: Step 1: Calculation of initial investmentInitial Investment = Number of Shares × Initial Price per…
Q: expert of account answer
A: Step 1: Definition of Accounting EquationIn every business, the accounting equation is always…
Q: A company can sell all the units it can produce of either Product X or Product Y but not both.…
A: Determine Maximum Contribution MarginSince 6,000 machine hours are available: If Product X is made:…
Q: Cash disbursements for manufacturing overhead
A: Explanation of Cash Disbursement for Manufacturing Overhead:Cash disbursement for manufacturing…
Q: The investment generates 560000 in additional sales?
A: To calculate the income earned from the investment:The company's margin is 8%.The additional sales…
Q: none
A: Step 1: Definition of Sales Returns and Net SalesSales returns are reductions in revenue due to…
Q: Accounting
A: Concept of Beginning InventoryBeginning inventory refers to the total value of goods that a company…
Q: Total par value of the issue share is
A: Step 1: Identify the given values.Number of shares issued: 150 million sharesPar value per share:…
Q: Fill this blank space with correct options
A: Step 1: Definition of Cash Basis AccountingThe cash basis of accounting is a method where revenues…
Q: Financial Accounting
A: To calculate the current yield of the bond, use the formula:Current Yield =(Annual Interest Payment…
Q: Pam Pet Foods Co. reported net income of $52,000 for the year ended December 31, 2005. January 1…
A: Step 1: Decrease in accounts receivable Decrease in accounts receivable = Accounts receivable,…
Q: Provide answer please
A: Step 1: Definition of Recognized Gain or LossRecognized Gain or Loss is the difference between the…
Q: Please give me true answer this financial accounting question
A: Step 1: Introduction to cost of capitalCost of capital is the price a business pays to fund its…
Q: Hello tutor please help me this question general accounting
A: For a European call option on a non‐dividend paying stock, a well‐known lower bound is given by:C ≥…
Q: Can you help me of solve this question? ?
A: Step 1: Define Material Price VarianceMaterial Price Variance (MPV) measures the difference between…
Q: I don't need ai answer general accounting question
A: Step 1: Definition of Profit MarginProfit margin is a financial metric that measures the percentage…
Q: How many actual direct labor hours were worked ?
A: Concept of Standard Direct Labor HoursStandard direct labor hours refer to the predetermined number…
Q: can you please solve this
A: Step 1: Definition of Cost of Goods Sold (COGS) Using Gross Profit MethodThe Gross Profit Method is…
Q: ?!
A: Concept of Direct LaborDirect labor refers to the wages paid to workers who are directly involved in…
Q: Hello teacher please provide correct answer general accounting question
A: Step 1: Definition of Cost of Merchandise Sold (COGS)Cost of merchandise sold (COGS) refers to the…
Q: Hello tutor please provide this question solution general accounting
A: Step 1: Definition of Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) represents the direct costs…
Q: Please provide accurate Answer
A: Explanation of Incremental Contribution: Incremental contribution represents the additional profit…
Q: What is the yield to maturity of this financial accounting question?
A: Let's break down how to calculate the Yield to Maturity (YTM) for Everest Corporation's…
Q: hi expert please help me financial accounting
A: Step 1: Definition of Cost of Common EquityThe cost of common equity represents the return that…
Q: general accounting
A: Step 1: Definition of Degree of Operating Leverage (DOL)The degree of operating leverage (DOL)…
Q: General accounting question
A: Step 1: Recall the ROE formula.= net income / stockholders' equity Hence, we will disregard the…
Q: Quick answer of this accounting questions
A: Step 1: Formula Basis: Revenues Store Y allocated utility expense = (Store Y Revenues/Total…
Q: Do fast of this question answer general Accounting
A: Step 1: Define Operating Return on Assets (OROA)Operating Return on Assets (OROA) measures how…
Q: None
A: Step 1: Definition of Actual Direct Materials CostActual direct materials cost refers to the total…
Q: Lansing Corporation has total assets of $25,830,400, current liabilities of $3,120,000, and…
A: Explanation of Book Value Per Share: Book value per share is a financial metric that represents the…
Q: Asking this problem to right expert. solve it.
A: To calculate the variable cost per mile of fuel:High-Mileage Month (August):Fuel Cost = $3,000Miles…
Q: What was the total amount of cash paid for operating activities?
A: Explanation of Cash Paid for Operating Activities:Cash paid for operating activities refers to the…
Q: Do fast of this question answer general Accounting
A: Step 1: Define Percent Change in SalesPercent change in sales measures the increase or decrease in…
Q: Seles revenue?
A: Step 1: Contribution margin ratio The basis is the sales so the sales ratio is 100% Contribution…
Q: Sol This question answer
A: The correct option is C. $4,050Given:S.P. per ticket package= $200C.P. per ticket package =$170Fixed…
Q: can you please solve this answer
A: Step 1: Definition of LiabilitiesIn accounting, liabilities represent the financial obligations of a…
Q: Morgan & Co. is currently an all-equity firm with 100,000 shares of stock outstanding at a…
A: Step 1: Calculate the Number of Shares RepurchasedMorgan & Co. is issuing $750,000 in debt to…
Q: none
A: Given:The account earned $10 over the past year.Only transaction: A withdrawal of $3 on the last day…
Q: Please need help with this financial accounting question not use ai
A: Step 1: Definition of Expected Rate of Return (Using CAPM Model)The Capital Asset Pricing Model…
Q: Need help
A: Step 1: Definition of Absorption CostingAbsorption costing is a method used to determine the total…
Q: What are the current liabilities of this financial accounting question?
A: Step 1: Define Current LiabilitiesCurrent Liabilities represent a company's short-term financial…
Q: general accounting
A: Step 1: Definition of Net IncomeNet Income is the excess of total revenues over total expenses…
Q: Can you please solve this questions
A: Step 1: Introduction to ratio analysisRatio analysis is a method used to analyze financial…
Q: Hii expert please given answer general Accounting
A: Step 1: Define Taxable Income and Net IncomeTaxable Income is the amount of income that a business…
Q: subject-financial accounting
A: To calculate Dynamic Production Services' net income, we use the formula:Net Income = Revenues −…
Q: What basis should he use for computing gain or loss?
A: Patrick should use the FIFO (First-In, First-Out) method for computing gain or loss since he did not…
Q: The income statement for September indicates a net income of $65,000. The corporation also paid…
A: Step 1: Given informationNet Income = $65,000Dividends = $15,000Beginning Stockholders' Equity = $0…
Q: What is their weighted average cost of capital on these financial accounting question?
A: Calculate Denver Medical Solutions' Weighted Average Cost of Capital (WACC): Step1: Calculate the…
Q: Profit margin and assets turnover accounting question please given answer
A: Step 1: Definition of Profit MarginProfit margin is a financial ratio that measures the percentage…
Hello Teacher Sol This question


Step by step
Solved in 2 steps

- Super Sales Company is the exclusive distributor for a high-quality knapsack. The product sells for $60 per unit and has a CM ratio of 40%. The company’s fixed expenses are $540,000 per year. The company plans to sell 26,000 knapsacks this year. Required: What are the variable expenses per unit? Use the equation method for the following: What is the break-even point in units and in sales dollars? What sales level in units and in sales dollars is required to earn an annual profit of $108,000? What sales level in units is required to earn an annual after-tax profit of $108,000 if the tax rate is 20%? Assume that through negotiation with the manufacturer, Super Sales Company is able to reduce its variable expenses by $3 per unit. What is the company’s new break-even point in units and in sales dollars? (Do not round intermediate calculations. Round your final answers to the nearest whole number.)What are the variable expenses per unit on these financial accounting question?Lindon Company is the exclusive distributor for an automotive product that sells for $50.00 per unit and has a CM ratio of 30%. The company’s fixed expenses are $345,000 per year. The company plans to sell 27,200 units this year. Required: What are the variable expenses per unit? Note: Round your "per unit" answer to 2 decimal places. What is the break-even point in unit sales and in dollar sales? What amount of unit sales and dollar sales is required to attain a target profit of $195,000 per year? Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $5.00 per unit. What is the company’s new break-even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $195,000?
- Lindon Company is the exclusive distributor for an automotive product that sells for $34.50 per unit and has a CM ratio of 30%. The company's fixed expenses are $211,140 per year. The company plans to sell 8,800 units this year. What are the variable expenses per unit?What are the variable expense per unit?Lindon Company is the exclusive distributor for an automotive product that sells for $40 per unit and has aCM ratio of 30%. The company’s fixed expenses are $180,000 per year. The company plans to sell 16,000units this year.Required:1. What are the variable expenses per unit?2. Using the equation method:a. What is the break-even point in units and sales dollars?b. What sales level in units and in sales dollars is required to earn an annual profit of $60,000?c. Assume that by using a more efficient shipper, the company is able to reduce its variable expensesby $4 per unit. What is the company’s new break-even point in units and sales dollars?3. Repeat (2) above using the formula method.
- Marsh Motors sells 5,000 motors a year for $30 apiece. Variable costs are $8 per unit, and total fixed costs are $85,000 a year. If the company wants to earn $6 net income per motor sold, approximately how many motors must it sell?Lindon Company is the exclusive distributor for an automotive product that sells for $50.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $345,000 per year. The company plans to sell 27,200 units this year. Required: 1. What are the variable expenses per unit? (Round your "per unit" answer to 2 decimal places.) 2. What is the break-even point in unit sales and in dollar sales? 3. What amount of unit sales and dollar sales is required to attain a target profit of $195,000 per year? 4. Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $5.00 per unit. What is the company's new break-even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $195,000? 1. Variable expense per unit 2. Break-even point in units 2. Break-even point in dollar sales 3. Unit sales needed to attain target profit 3. Dollar sales needed to attain target profit 4. New break-even point in unit sales…What are the variable expenses per unit on these financial accounting question?
- ABC Corporation sells its product for $12 per unit. Next year, fixed expenses are expected to be $400,000 and variable expenses are expected to be $8 per unit. How many units must the company sell to generate a target profit (net operating income) of $80,000?A company sells a toy for $12.80 each. The material, labour, and marketing costs add up to $1.00 per toy. The company also bears fixed costs of $10,100 per month related to this particular product. If the company produces and sells 850 toys each month, what is its monthly net income? Monthly net income = $ there is a loss.) (Enter your answer as negative ifLindon Company is the exclusive distributor for an automotive product selling for $22.00 per unit with a CM ratio of 30%. The company's fixed expenses are $105,600 per year and it plans to sell 17,400 units this year. Required: 1. What are the variable expenses per unit? Note: Round your "per unit" answer to 2 decimal places. 2. What is the break-even point in unit sales and in dollar sales? 3. What amount of unit sales and dollar sales is required to attain a target profit of $39,600 per year? 4. Assume by using a more efficient shipper, the company can reduce its variable expenses by $2.20 per unit. What is the company's new break-even point in unit sales and dollar sales? What dollar sales are required to attain a target profit of $39,600? 1. Variable expense per unit 2. Break-even point in units 2. Break-even point in dollar sales 3. Unit sales needed to attain target profit 3. Dollar sales needed to attain target profit 4. New break-even point in unit sales 4. New break-even point…

