Need answer the accounting question not use ai You are given the following information about XXCompany in 2020:The company's fixed costs are expected to be$140,000, the selling price per unit is $10, andwhile the variable cost per unit is $3.The company wants to earn a net income of$40,000 daring 2020.The required sales units to meet the target netincome during 2020 is

Step 1: Define Desired Net IncomeThe profit level that a corporation hopes to reach is known as…

Answered: You are given the following information…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 8EA: How many units are estimated to be sold it Skyline. Inc., has a planned production of 900,000 units,...

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During FY 2020, Dorchester Company plans to sell Widgets for $14 a unit. Current variable costs are $6 a unit and fixed costs are expected to total $146,000. Use this information to determine the dollar value of sales for Dorchester to break even. (Round to the nearest whole dollar.). Need Answer
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During FY 2020, Dorchester Company plans to sell Widgets for $14 a unit. Current variable costs are $6 a unit and fixed costs are expected to total $146,000. Use this information to determine the dollar value of sales for Dorchester to break even. (Round to the nearest whole dollar.)
In 2019, Vaughn sold 3000 units at $500 each. Variable expenses were $250 per unit, and fixed expenses were $490000. The same selling price is expected for 2020. Vaughn is tentatively planning to invest in equipment that would increase fixed costs by 20%, while decreasing variable costs per unit by 20%. What is Vaughn’s break-even point in units for 2020? 2450. 2352. 2940. 1960.
Use this information to determine the number of units
In 2019, Bonita sold 1000 units at $500 each, and earned net income of $40000. Variable expenses were $200 per unit, and fixed expenses were $220000. The same selling price is expected for 2020. Bonita’s variable cost per unit will rise by 10% in 2020 due to increasing material costs, so they are tentatively planning to cut fixed costs by $10000. How many units must Bonita sell in 2020 to maintain the same income level as 2019? A. 806 B. 893 C. 1000 D. 926
???
Harrison Co. expects to sell 200,000 units of its product next year, which would generate total sales of $17 million. Management predicts that pretax net income for next year will be $1,250,000 and that the contribution margin per unit will be $25. Use this information to compute next year’s total expected (a) variable costs and (b) fixed costs.
Suppose executives estimate that the unit variable cost for their DVD recorder is $100, the fixed cost related to the product is $10 million annually, and the target volume for next year is 100,000 recorders. What sales price will be necessary to achieve a target profit of $l million?
PT Manunggal sells its production during 2022 as many as 15,000 units with a selling price of Rp. 10,000 per unit. To produce 15,000 units, the fixed costs are Rp. 50 million and variable costs are Rp. 4,000 per unit. For 2023, it is estimated that the number of units sold will increase by 10%. Requested: Assuming the selling price, fixed costs and variable costs do not change, calculate the estimated operating profit/loss for 2023. Notes : Write it down along with the complete way of working
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