A firm expects to sell 25,200 units of its product at $11.20 per unit and to...

Question

Question

business accounting

Answer 1

Answer #1

1. Total Contribution margin

= (11.20-6.20)*25,200

= 126,000

2. Sales needed = (Fixed costs+Target profit) /Contribution margin ratio

= (74,000+14,100)/50%

= 176,200

Answer 2

Similar Homework Help Questions

A firm expects to sell 25,000 units of its product at $11 per unit and to...

A firm expects to sell 25,000 units of its product at $11 per unit and to incur variable costs per unit of $6. Total fixed costs are $70,000. The total contribution margin is:
A firm expects to sell 24,600 units of its product at $10.60 per unit and to...

A firm expects to sell 24,600 units of its product at $10.60 per unit and to incur variable costs per unit of $5.60. Total fixed costs are $66,000. The total contribution margin is: Multiple Choice Ο Ο S57000. Ο O 566,000. Ο Ο S123,000. $137760. $203760.
A firm expects to sell 26.000 units of its product at $12.00 per unit and to...

A firm expects to sell 26.000 units of its product at $12.00 per unit and to incur variable costs per unit of $7.00. Total fixed costs are $80,000. The total contribution margin is: Multiple Choice Ο Si30,000. Ο $262.000. Ο $50,000. Ο $εαρού. Ο Si82000. We were unable to transcribe this imageKent Manufacturing produces a product that sells for $69.00 and has variable costs of $34.00 per unit. Fixed costs are $434.000. Kent can buy a new production machine that...

16 MC Qu. 78 A firm expects to sell... 005 A firm expects to sell 26,000 units of its product at $12.00 per unit an...

16 MC Qu. 78 A firm expects to sell... 005 A firm expects to sell 26,000 units of its product at $12.00 per unit and to incur variable costs per unit of $700. Totalfixed costs are $80,000. The total contribution marginis M iple Choice O $60.000 $130.000 $80,000 5182,000
A firm expects to sell 25,500 units of its product at $16 per unit. Pretax income...

A firm expects to sell 25,500 units of its product at $16 per unit. Pretax income is predicted to be $60,500. If the variable costs per unit are $8, total fixed costs must be:
Question 15 2.5 pts A product sells for $200 per unit, and its variable costs per...

Question 15 2.5 pts A product sells for $200 per unit, and its variable costs per unit are $130. Totalfixed costs are $420,000. If the firm wants to earn $35,000 pretax income, how many units must be sold? 6,500 6,000 O 500. 5,000 5,500 2.5 pts Question 16 MacBook Air $1,700,000 Question 14 2.5 pts Henderson Co. has fixed costs of $36,000 and a contribution margin ratio of 24%. If expected sales are $200,000, what is the margin of safety...

A firm expects to sell 25,100 units of its product at $9 per unit. Pretax income...

A firm expects to sell 25,100 units of its product at $9 per unit. Pretax income is predicted to be $60,100. If the variable costs per unit are $4, total fixed costs must be: $225,900. $65,400. $165,800. $100,400. $40,300.
Nece 376.000 Chapter 18 Pop Test 2000xl = 275.000 1. A firm expects to sell 25.000...

Nece 376.000 Chapter 18 Pop Test 2000xl = 275.000 1. A firm expects to sell 25.000 units of its product at Sil per unit. Pretax income is predicted to be $60,000. If the variable costs per unit are $5, total fixed costs must be: 5 2. During March, a fimm expects its total sales to be $160,000, its total variable costs to be 595,000, and its total fixed costs to be $25,000. The contribution margin for March is: S 3....
A firm expects to sell 26,000 units of its product at $11 per unit. Pretax income...

A firm expects to sell 26,000 units of its product at $11 per unit. Pretax income is predicted to be $61,000. If the variable costs per unit are $6, total fixed costs must be: Multiple Choice $69,000. $156,000. $225,000. $43,000. $286,000

Harrison Co. expects to sell 220,000 units of its product next year, which would generate total...

Harrison Co. expects to sell 220,000 units of its product next year, which would generate total sales of $19,140,000. Management predicts that pretax net income for next year will be $1,270,000 and that the contribution margin per unit will be $23. Complete the below table to calculate the next year's total expected variable costs and fixed costs. HARRISON CO. Forecasted Contribution Margin Income Statement Units $ per unit 220,000 Contribution margin $ 23 Nombre Company management predicts $720,000 of variable...