The profit equation is: a) (Unit price* Q)+( cup nit) variable costs+ Total fixed cos t...
Homework Answers
Sales - Variable costs - Fixed costs = Profit
(Unit price * Q) - (Unit varaible cost * Q) - Fixed cost = Profit
The answer is Option d.
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The
profit equation is:
a) (Unit price* Q)+( cup nit) variable costs+ Total fixed cos
t...
Suppose that the price is $40, unit variable cost is $32/unit, and total fixed costs are...
Suppose that the price is $40, unit variable cost is $32/unit, and total fixed costs are $3,600. Required: a) Compute the unit contribution margin and contribution margin ratio: unit CM= CM ratio= (enter CMR as a fraction of 1, not as %) b) Write down the CVP relation using CMR: profit as a function of sales revenue. (fill in the missing numbers in an equation like Profit = 0.35 * Revenue - 50). Profit = * Revenue - c) Based on the...
TB MC Qu. 6-26 (Static) The profit equation is: 14 The profit equation is: 15 points...
TB MC Qu. 6-26 (Static) The profit equation is: 14 The profit equation is: 15 points Multiple Choice cBook (Unit price *Q) - (Unit variable costs) - Total fixed costs = Profit References O (Unit price ) - (Unit variable costs *) + Total fixed costs = Profit (Unit price - Unit variable costs - Total fixed costs) Q = Profit (Unit price * ) + (Unit variable costs *Q) + Total fixed costs = Profit
2. Data: Selling price = $50, variable cost per unit = $30, total fixed costs =...
2. Data: Selling price = $50, variable cost per unit = $30, total fixed costs = $400,000, and target profit = $100,000. a. Calculate the breakeven point in units using the equation method. b. Calculate the breakeven point in units using the formula method. c. Calculate the sales in units needed to earn the target profit. d. Calculate the total sales dollars needed to earn the target profit. Show all calculations,
Given the graphs above, calculate the total fixed costs,variable costs per unit, and sales price...
Given the graphs above, calculate the total fixed costs, variable costs per unit, and sales price for Firm A. Firm B's fixed costs are $120,000, its variable costs per unit are $4, and its sales price is $8 per unit. Round your answers to the nearest cent.Fixed costs: $ Variable costs per unit: $ Sales price per unit: $ Which firm has the higher operating leverage at any given level of sales?A or BAt what sales level, in units, do both firms earn...
The linear equation for total cost is ( Unit variable costs Units ) + Fixed cost...
The linear equation for total cost is ( Unit variable costs
Units ) + Fixed cost
d. deprecation on factory machinery n 22 The linear equation for total cost is (Unit variable cost x Units) + Fixed cost. Select one: out of O True False
9. Given the following information, find fixed costs: a. Total sales, $104,672 profit, $18.000; v...
Question 9 10. Thanks for your help
9. Given the following information, find fixed costs: a. Total sales, $104,672 profit, $18.000; variable rate, 42 h Profit, $12.000: number of customers, 32392; variable cost per unit. c. Sales price per unit, $1460; profit, $34,000, number of customers. price per unit, $18.40: number of custom- $4.63; sales price per unit, $10.34 26,712; variable rate, 35 ers, 26,549: profit, $33,000 d. Contribution rate, 65; sales 10. Given the following information, find profit xed...
UNITS PRODUCED AND SOLD 50,000 100,000 200,000 TOTAL COSTS VARIABLE COSTS FIXED COSTS 50,000 TOTA...
UNITS PRODUCED AND SOLD 50,000 100,000 200,000 TOTAL COSTS VARIABLE COSTS FIXED COSTS 50,000 TOTAL COSTS COST PER UNIT VARIABLE COST FIXED COST 50.25 TOTAL COST PER UNIT ASSUME THE COMPANY SELLS 200,000 UNITS FOR S1/UNIT PREPARE A CONTRIBUTION FORMAT INCOME STATEMENT 1 cost behavior patterns include: (aj variable costs (b)fixed costs (c) mixed costs (d) all of the above 2 fixed costs: (a) remain the same in total (b) vary per unit (c) remain constant per unit (d) vary...
3. Total fixed costs are $1,000, the price is $30, unit variable cost is $20. Breakeven...
3. Total fixed costs are $1,000, the price is $30, unit variable cost is $20. Breakeven revenue in dollars A. $100 B. $1,000 C. $1,500 D. $3,000 E. not enough information need data on total revenue and total costs to determine CMR
If fixed costs are $251,000, the unit selling price is $33, and the unit variable costs...
If fixed costs are $251,000, the unit selling price is $33, and the unit variable costs are $18, the break-even sales (units) if fixed costs are reduced by $30,500 is a.17,640 units b.22,050 units c.14,700 units d.11,760 unit
19. The following information relates to a product Fixed costs Required profit Selling price per unit...
19. The following information relates to a product Fixed costs Required profit Selling price per unit Variable cost per unit 72000 30000 10 4 How many units must be produced and sold to cover fixed costs and make the required profit? a 12000 b. 17000 c. 18000 d. 25500 20. A company is classifying its costs. It discovers that for any level of output between 10000 and 15000 units the freight cost per unit is always the same figure of...
TB MC Qu. 6-26 (Static) The profit equation is: 14 The profit equation is: 15 points Multiple Choice cBook (Unit price *Q) - (Unit variable costs) - Total fixed costs = Profit References O (Unit price ) - (Unit variable costs *) + Total fixed costs = Profit (Unit price - Unit variable costs - Total fixed costs) Q = Profit (Unit price * ) + (Unit variable costs *Q) + Total fixed costs = Profit
2. Data: Selling price = $50, variable cost per unit = $30, total fixed costs = $400,000, and target profit = $100,000. a. Calculate the breakeven point in units using the equation method. b. Calculate the breakeven point in units using the formula method. c. Calculate the sales in units needed to earn the target profit. d. Calculate the total sales dollars needed to earn the target profit. Show all calculations,
The linear equation for total cost is ( Unit variable costs
Units ) + Fixed cost
d. deprecation on factory machinery n 22 The linear equation for total cost is (Unit variable cost x Units) + Fixed cost. Select one: out of O True False
Question 9 10. Thanks for your help
9. Given the following information, find fixed costs: a. Total sales, $104,672 profit, $18.000; variable rate, 42 h Profit, $12.000: number of customers, 32392; variable cost per unit. c. Sales price per unit, $1460; profit, $34,000, number of customers. price per unit, $18.40: number of custom- $4.63; sales price per unit, $10.34 26,712; variable rate, 35 ers, 26,549: profit, $33,000 d. Contribution rate, 65; sales 10. Given the following information, find profit xed...
UNITS PRODUCED AND SOLD 50,000 100,000 200,000 TOTAL COSTS VARIABLE COSTS FIXED COSTS 50,000 TOTAL COSTS COST PER UNIT VARIABLE COST FIXED COST 50.25 TOTAL COST PER UNIT ASSUME THE COMPANY SELLS 200,000 UNITS FOR S1/UNIT PREPARE A CONTRIBUTION FORMAT INCOME STATEMENT 1 cost behavior patterns include: (aj variable costs (b)fixed costs (c) mixed costs (d) all of the above 2 fixed costs: (a) remain the same in total (b) vary per unit (c) remain constant per unit (d) vary...
3. Total fixed costs are $1,000, the price is $30, unit variable cost is $20. Breakeven revenue in dollars A. $100 B. $1,000 C. $1,500 D. $3,000 E. not enough information need data on total revenue and total costs to determine CMR
19. The following information relates to a product Fixed costs Required profit Selling price per unit Variable cost per unit 72000 30000 10 4 How many units must be produced and sold to cover fixed costs and make the required profit? a 12000 b. 17000 c. 18000 d. 25500 20. A company is classifying its costs. It discovers that for any level of output between 10000 and 15000 units the freight cost per unit is always the same figure of...
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