Homework Answers
| Cars | Trucks | Vans | Total | |
| Sales | 2000000 | 3000000 | 5000000 | 10000000 |
| Less: Variable costs | 1400000 | 1500000 | 4600000 | 7500000 |
| Contribution margin | 600000 | 1500000 | 400000 | 2500000 |
| Contribution margin ratio | 30.00% | 50.00% | 8.00% | 25.00% |
| Fixed expenses | 1750000 | |||
| Add: Desired Profit | 4000000 | |||
| Required Contribution margin | 5750000 | |||
| Divide by Total Contribution margin ratio | 25.00% | |||
| Required sales in dollars to reach desired profit | 23000000 |
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Everest, Inc. currently produces and sells three products (Cars, Trucks, and Vans). Data concerning those products...
19. Everest, Inc, currently produces and sells three products (Cars, Trucks, and Vans). Data concerning those...
19. Everest, Inc, currently produces and sells three products (Cars, Trucks, and Vans). Data concerning those products for the most recent month appear below: Trucks Vans Sales $2,000,000 $3,000,000 $5,000,000 Variable costs $1,400,000 $1,500,000 $4,600,000 Cars Monthly fixed expenses for the company are $1,750,000. Assuming the sales mix stays consistent, how many sales (dollars) are needed in order to reach a desired profit of $4,000,000? 20. Using the information in #19 above, Everest's senior management team recognizes that margins vary...
A company produces and sells two products. Data concerning those products for the most recent month...
A company produces and sells two products. Data concerning those products for the most recent month appear below: Product Q91I Product J53Z sales $15,000 $11,000 Variable expenses $5,850 $5,070 Fixed expenses for the entire company were $13,980. a. Determine the overall break-even for the company. Show your Work. b. If the sales mix shifts toward Product Q91I with no change in total sales, what will happen to the break-even point for the company? Explain.
Saved Dietrick Corporation produces and sells two products. Data concerning those products for the most recent...
Saved Dietrick Corporation produces and sells two products. Data concerning those products for the most recent month appear below. Sales Variable expenses Product B32L $46,000 $13,800 Product K84B $27,000 $14,670 Fixed expenses for the entire company were $42.550 If the sales mix were to shift toward Product B32L with total sales remaining constant, the overall break-even point for the entire company Multiple Chole could increase or decrease would decrease would not change
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month...
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product Product I49V Z50U $28,000 $33,000 Sales Variable expenses $11,600 $23,170 The fixed expenses of the entire company were $39,180. The break- even point for the entire company is closest to:
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month...
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product I49V Product Z50U Sales $ 50,000 $ 55,000 Variable expenses $ 13,800 $ 27,150 The fixed expenses of the entire company were $39,040. The break-even point for the entire company is closest to:
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month...
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product Product I49V Z50U Sales $ 28,000 $ 33,000 Variable expenses $ 11,600 $ 23,170 The fixed expenses of the entire company were $39,180. The break-even point for the entlre company is closest to: $73,950 $91,116 $39,180 $46,300
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month...
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product Product I49V 250U Sales $33,000 $12,100 $38,000 Variable expenses $27,660 The fixed expenses of the entire company were $39130. The break-even point for the entire company is closest to: Multiple Choice 751 $78.890 $88,932 $46,250 $39130
Hitchens Inc. produces and sells two products. Data concerning those products for the most recent month...
Hitchens Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Sales Variable expenses Product VOGZ $ 28,000 $ 11,600 Product U85C $ 33.000 $ 23.170 The fixed expenses of the entire company were $39.180. The break-even point for the entire company is closest to O $91,116 O $73,950 $39,180 O $46,300
Medale Inc. produces and sells two products. Data concerning those products for the most recent month...
Medale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product 149V $36,000 $12,400 Product Z500 $41,000 $28,410 Sales Variable expenses The fixed expenses of the entire company were $39,100. The break-even point for the entire company is closest to: Multiple Choice O $39,00 $79.910 o O $46.220 The fixed expenses of the entire company were $39,100. The break-even point for the entire company is closest to: Multiple Choice o S39,100 o...
ADAM Corporation currently produces and sells a single product. Data concerning that product appear below: Per...
ADAM Corporation currently produces and sells a single product. Data concerning that product appear below: Per Unit Percentage Selling price $200 100% Variable expenses 60 30% Contribution margin $140 70% Fixed expenses are $280,000 per month. The company is currently selling 7,000 units per month. Proposed situation: The marketing manager would like to introduce sales commissions as an incentive for the sales staff. The marketing manager has proposed adding a commission (variable cost) of $10 per unit. In exchange, the...
19. Everest, Inc, currently produces and sells three products (Cars, Trucks, and Vans). Data concerning those products for the most recent month appear below: Trucks Vans Sales $2,000,000 $3,000,000 $5,000,000 Variable costs $1,400,000 $1,500,000 $4,600,000 Cars Monthly fixed expenses for the company are $1,750,000. Assuming the sales mix stays consistent, how many sales (dollars) are needed in order to reach a desired profit of $4,000,000? 20. Using the information in #19 above, Everest's senior management team recognizes that margins vary...
Saved Dietrick Corporation produces and sells two products. Data concerning those products for the most recent month appear below. Sales Variable expenses Product B32L $46,000 $13,800 Product K84B $27,000 $14,670 Fixed expenses for the entire company were $42.550 If the sales mix were to shift toward Product B32L with total sales remaining constant, the overall break-even point for the entire company Multiple Chole could increase or decrease would decrease would not change
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product Product I49V Z50U $28,000 $33,000 Sales Variable expenses $11,600 $23,170 The fixed expenses of the entire company were $39,180. The break- even point for the entire company is closest to:
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product Product I49V Z50U Sales $ 28,000 $ 33,000 Variable expenses $ 11,600 $ 23,170 The fixed expenses of the entire company were $39,180. The break-even point for the entlre company is closest to: $73,950 $91,116 $39,180 $46,300
Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product Product I49V 250U Sales $33,000 $12,100 $38,000 Variable expenses $27,660 The fixed expenses of the entire company were $39130. The break-even point for the entire company is closest to: Multiple Choice 751 $78.890 $88,932 $46,250 $39130
Hitchens Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Sales Variable expenses Product VOGZ $ 28,000 $ 11,600 Product U85C $ 33.000 $ 23.170 The fixed expenses of the entire company were $39.180. The break-even point for the entire company is closest to O $91,116 O $73,950 $39,180 O $46,300
Medale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product 149V $36,000 $12,400 Product Z500 $41,000 $28,410 Sales Variable expenses The fixed expenses of the entire company were $39,100. The break-even point for the entire company is closest to: Multiple Choice O $39,00 $79.910 o O $46.220 The fixed expenses of the entire company were $39,100. The break-even point for the entire company is closest to: Multiple Choice o S39,100 o...
ADAM Corporation currently produces and sells a single product. Data concerning that product appear below: Per Unit Percentage Selling price $200 100% Variable expenses 60 30% Contribution margin $140 70% Fixed expenses are $280,000 per month. The company is currently selling 7,000 units per month. Proposed situation: The marketing manager would like to introduce sales commissions as an incentive for the sales staff. The marketing manager has proposed adding a commission (variable cost) of $10 per unit. In exchange, the...
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