Answer is $244,068
Fixed Costs = $144,000
Contribution Margin Ratio = 59%
Breakeven Point in Sales Dollars = Fixed Costs / Contribution
Margin Ratio
Breakeven Point in Sales Dollars = $144,000 / 0.59
Breakeven Point in Sales Dollars = $244,068
So, the sales dollars to break-even is $244,068
Cakes by Jacki has $144,000 of fixed costs per year. The contribution margin ratio is 59%....
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $353,000. The variable cost per unit is $0.45. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $111 and has fixed cost of $414,000. Next year, Sooner expects to sell...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has foed cost of $350,600. The variable cost per unit is $0.40. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $115 and has fixed cost of $459,500. Next year, Sooner expects to sell...
Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar Pharmaceuticals, Inc., plans to sell 100,000 units of antibiotic at an average price of $22 each in the coming year. Total variable costs equal $660,000. Total fixed costs equal $7,200,000. Required: 1. What is the contribution margin per unit? Round your answer to the nearest cent. $ What is the contribution margin ratio? Round your answer to two decimal places. (Express as a decimal-based answer rather than a...
BOOK Calculator Print Item Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Unless otherwise instructed, round all total dollar figures (e.g. sales, total contribution margin) to the nearest dollar, breakeven or target units to the nearest unit, and unit costs and unit contribution margins to the nearest cent. Round ratios to four significant digits. Required: 1. At the break-even point, Jefferson Company sells 115,000 units...
Please find the following:
Contribution margin per unit
Contribution margin ratio
Fixed Cost
Fixed Cost per year
Breakecen Sales
Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $100 throughout the country to loyal alumni of over 3,300 schools. Cullumber's variable costs are 40% of sales, fixed costs are $116,000 per month. (a1) * Your answer is incorrect. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38...
Determine the contribution margin in dollars, per unit, and as a ratio. (Round answers to 0 decimal places, e.g. 1,225.) Contribution margin 29890 Contribution margin per unit 49 Contribution margin ratio 35% SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: APPLIED SKILLS XYour answer is incorrect. Try again. Using the contribution margin technique, compute the break-even point in dollars and in units. (Round answers to 0 decimal places 1,225.) Break-even sales units Break-even sales In the month of March, Style...
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(a) Determine the annual break-even point
in sales dollars. Round contribution margin ratio to two decimal
places for your calculation.
(b) Determine the annual margin of safety in sales dollars. Use
rounded answer from above for calculation.
(c) What is the break-even point in sales dollars if management
makes a decision that increases fixed costs by $57,000?
Use rounded contribution margin ratio (2 decimal places) for
your calculation.
(d) With the current cost structure, including fixed costs of
$285,000, what...
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