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| Statementshowing Computations | |
| Paticulars | Amount |
| Sales price per unit | 6.00 |
| Variable cost per unit= 6*.60 | 3.60 |
| Contribution per unit = 6 - 3.60 | 2.40 |
| CM Ratio = 2.40/6 | 40.00% |
| Fixed costs | 912,000.00 |
| Break even point in units = 912000/2.4 | 380,000.00 |
| Break even point in $ = 912000/40% | 2,280,000.00 |
| Actual Sales | 3,000,000.00 |
| MOS in $ = 3000,000 - 2280,000 | 720,000.00 |
| MOS ratio = 720,000/3000,000 | 24.00% |
Sheffield Company estimates that variable costs will be 60% of sales, and fixed costs will total...
Pronghorn Company estimates that variable costs will be 53% of sales, and fixed costs will total $1,269,000. The selling price of the product is $5. Compute the break-even point in (1) units and (2) dollars. (Round intermediate calculation to 2 decimal places, e.g. 52.75.) (1) Break-even sales | units units (2) Break-even sales $ LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM VIDEO: SIMILAR PROBLEM Assuming actual sales are $3,000,000, compute the margin of safety in (1) dollars and...
Exercise 11-16 Whispering Winds Company estimates that variable costs will be 66% of sales, and fixed costs will total $1,632,000. The selling price of the product is $10. Compute the break-even point in (1) units and (2) dollars. (Round intermediate calculation to 2 decimal places, e.g. 52.75.) (1) Break-even sales units Break-even sales LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM VIDEO: SIMILAR PROBLEM Assuming actual sales are $6,000,000, compute the margin of safety in (1) dollars and (2)...
Concord Company estimates that variable costs will be 55% of sales, and fored costs will total $1,242,000. The selling price of the product is $6. x Your answer is incorrect. Compute the break-even point in (1) units and (2) dollars. (Round intermediate calculation to 2 decimal places, s. 52.75.) units (1) Break-even sales (2) Break-even sales $ e Textbook and Media X Your answer is incorrect. Assuming actual sales are $3,000,000, compute the margin of safety in (1) dollars and...
Exercise 11-16 Swifty Company estimates that variable costs will be 62% of sal and fixed costs will total $1,444,000. The selling price of the product is $10. Compute the break-even point in (1) units and (2) doll mediate calculation to 2 decimal places, e.g. 52.75.) (1) Break-even sales (2) Break-even sales LINK TO TEXT LINK TO TEXT SIMILAR PROBLEM VIDEO SIMILAR PROBLEM Assuming actual sales are $4,000,000, compute the marg (1) dollars and (2) as a ratio. (Round ratio to...
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Exercise 22-13 Glacial Company estimates that variable costs will be 67.1% of sales, and fixed costs wil total $696,000 The selling price of the product is $3.80 Compute the break-even point in (1) units and (2) collars (Round intermediate calculation to 2 decimal places, e-g 52.75 and final answers to O decimal p e.g. 5,275.) (1) Break-even sales (2) Break-even sales units Assuming actual sales are $2,454,000, compute the margin of safety in (1) dollars and...
Question 5 Glacial Company estimates that variable costs will be 57.3% of sales, and fixed costs will total $677,000. The selling price of the product is $6.00. Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal places, e.g. 5,275.) (1) Break-even sales units (2) Break-even sales LINK TO TEXT VIDEO: SIMILAR EXERCISE Assuming actual sales are $1,801,000, compute the margin of safety in (1) dollars and (2) as a ratio. (Round ratio to 0...
Blossom Company estimates that variable costs will be 70.00% of sales, and fixed costs will total $474,000. The selling price of the product is $5. Compute the break-even point in (1) units and (2) dollars. (1) Break-even sales units (2) Break-even sales Assuming actual sales are $2,000,000, compute the margin of safety in (1) dollars and (2) as a ratio. (1) Margin of safety (2) Margin of safety ratio
Exercise 5-16 a,c (Video) Oriole Company estimates that variable costs will be 60.00% of sales, and fixed costs will total $600,000. The selling price of the product is $4. Compute the break-even point in (1) units and (2) dollars. (1) Break-even sales units (2) Break-even sales $ LINK TO TEXT LINK TO TEXT Assuming actual sales are $2,000,000, compute the margin of safety in (1) dollars and (2) as a ratio. (1) Margin of safety $ (2) Margin of safety...
Johnson Company estimates that variable costs will be 60.00% of sales, and fixed costs will total $520,000. The selling price of the product is $4. Compute the break-even point in (1) units and (2) dollars. (1) Break-even sales__________ units (2) Break even sales $__________ Assuming actual sales are $2,000,000 compute the margin of safety in (1) dollars and (2) as a ration. (1) Margin of safety $____________ (2) Margin of safety ratio ______________%
Sheffield Co., a manufacturer of rain barrels, had the
following data for 2016.
Sales
5,000
units
Sales price
$130
per unit
Variable costs
$52
per unit
Fixed costs
$347,100
What is the contribution margin ratio? (Round
answer to 0 decimal places, e.g. 5,275.)
Contribution margin ratio
%
LINK TO TEXT
LINK TO TEXT
LINK TO TEXT
What is the break-even point in dollars? (Round
intermediate calculation and final answers to 0 decimal places,
e.g. 5,275.)
Break-even point
$
LINK TO...