Homework Answers
New selling price=$500*(1-0.04)=$480
Contribution margin=Sales-Variable cost
=480-380=$100 per unit
Breakeven=Fixed expenses/Contribution margin
=780,000/100
=7800 units
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In 2016, Crane Company sold 3000 units at $500 each. Variable expenses were $380 per unit,...
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In 2016, Vaughn Manufacturing sold 3000 units at $1000 each. Variable expenses were $560 per unit, and fixed expenses were $780000. The same variable expenses per unit and fixed expenses are expected for 2017. If Vaughn cuts selling price by 4%, what is Vaughn’s break-even point in units for 2017? a. 1773. b. 1875. c. 1950. d. 1847.
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Compute the number of units sold in 2016. (Round answer to O decimal places, e.g. 1,225.) T...
Multiple Choice Question 57 In 2016. Orice Company waid 3000 units at 1250 each. Variable expenses were $175 per unit, and fixed expenses were $780000. The same variable expenses per unit and fixed expenses are expected for 2017. If Oriol cuts selling price by 4%, what is Oriole's break-even point in units for 2017 10833 12000 10400
Multiple Choice Question 58 In 2016. 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 2017, Vaughn is tentatively plann to invest in equipment that would increase fixed costs by 20%, while decreasing variable costs per unit by 20%. Wat is Vaughn's break even point in units for 2017? 2940 2352 2450 1960
b. 4,600. c. 4.750 d. 5,000. 8. In 2016, Raleigh sold 1,000 u Variable expenses were selling price is expected for 20 2017 due to increasing material costs, so they by $10,000. How many units mu level as 2016? a. 882 b. 1,000 C. 1,056 d. 1.118 e expenses were $300 per unit, and fixed expe old 1,000 units at S500 each and earned net income of $40,000 were $300 per unit and fixed expenses were $160,000. The same ed...
$170 per unit. The company incurs variable manufacturing costs of $83 per unit. Variable selling expenses are $19 per unit, annual fixed manufacturing costs are $498.000, and fixed selling and administrative costs are $236.400 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by...
Martinez Company had $152,000 of net income in 2016 when the
selling price per unit was $154, the variable costs per unit were
$94, and the fixed costs were $571,700. Management expects per unit
data and total fixed costs to remain the same in 2017. The
president of Martinez Company is under pressure from stockholders
to increase net income by $64,100 in 2017.
Compute the number of units sold in 2016. (Round answer to O decimal places, e.g. 1,225.) T...
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