Homework Answers
Computation of Oriole's break-even point:
Contribution margin of $16 per unit
Fixed costs of $223200
Sales $290000
Break-even point is a position where there is neither profit nor loss.
Break-even point(units) = Fixed Cost / (Sales - Variable Cost )
Contribution = Sales - Variable Cost
Therefore,
Break-even point(units) = $223200 / 16 per unit
Break-even point(units) = 13950 Units
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Multiple Choice Question 119 Oriole Company sells a product with a contribution margin of $16 per...
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Multiple Choice Question 115 Oriole Company sells MP3 players for $70 each. Variable costs are $20...
Multiple Choice Question 115
Oriole Company sells MP3 players for $70 each. Variable costs are
$20 per unit, and fixed costs total $120000. What sales are needed
by Oriole to break even?
$68571.
$96000.
$161538.
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Exercise 18-9 Contribution margin and break-even P2 Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. The company's annual fixed costs are $562,500. Use this information to compute the company's (a) contribution margin, (b) contribution margin ratio, (c) break-even point in units, and (d) break-even point in dollars of sales.
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells...
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Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells...
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells for $205 per unit and whose total variable costs are $164 per unit. The company's annual fixed costs are $553,500. (a) Compute the company's contribution margin per unit. Contribution margin (b) Compute the company's contribution margin ratio. Contribution Margin Ratio Choose Numerator: / Choose Denominator: Contribution margin ratio 0 (c) Compute the company's break-even point in units. Choose Numerator: Choose Denominator: Break-Even Units /...
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells...
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Ritchie Manufacturing Company makes a product that it sells for $190 per unit. The company incurs...
Ritchie Manufacturing Company makes a product that it sells for
$190 per unit. The company incurs variable manufacturing costs of
$96 per unit. Variable selling expenses are $18 per unit, annual
fixed manufacturing costs are $462,000, and fixed selling and
administrative costs are $260,000 per year.
Required
Determine the break-even point in units and dollars using each
of the following approaches:
Use the equation method.
Use the contribution margin per unit approach.
Prepare a contribution margin income statement for the...
Ritchie Manufacturing Company makes a product that it sells for $200 per unit. The company incurs...
Ritchie Manufacturing Company makes a product that it sells for $200 per unit. The company incurs variable manufacturing costs of $110 per unit. Variable selling expenses are $20 per unit, annual fixed manufacturing costs are $466,000, and fixed selling and administrative costs are $269,000 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...
Multiple Choice Question 119 Swifty Corporation sells a product with a contribution margin of $10 per unit, fixed costs of $223200, and sales for the current year of $300000. How much is Swifty's break-even point? O 16606 units O $76800 22320 units O 7680 units
Multiple Choice Question 115
Oriole Company sells MP3 players for $70 each. Variable costs are
$20 per unit, and fixed costs total $120000. What sales are needed
by Oriole to break even?
$68571.
$96000.
$161538.
$168000.
Exercise 18-9 Contribution margin and break-even P2 Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. The company's annual fixed costs are $562,500. Use this information to compute the company's (a) contribution margin, (b) contribution margin ratio, (c) break-even point in units, and (d) break-even point in dollars of sales.
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells for $185 per unit and whose total variable costs are $148 per unit. The company's annual fixed costs are $469.900 () Compute the company's contribution margin per unit Contribution margin (b) Compute the company's contribution margin ratio Choose Numerator: - Contribution Margin Ratio Contribution margin ratio 1) Compute the company's break even point in units Choose Numerator Choose Denominato Break Even Units Break-even units...
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Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells for $205 per unit and whose total variable costs are $164 per unit. The company's annual fixed costs are $553,500. (a) Compute the company's contribution margin per unit. Contribution margin (b) Compute the company's contribution margin ratio. Contribution Margin Ratio Choose Numerator: / Choose Denominator: Contribution margin ratio 0 (c) Compute the company's break-even point in units. Choose Numerator: Choose Denominator: Break-Even Units /...
Exercise 18-9 Contribution margin and break-even LO P2 Blanchard Company manufactures a single product that sells for $140 per unit and whose total variable costs are $105 per unit. The company's annual fixed costs are $563,500. (a) Compute the company's contribution margin per unit Contribution margin (b) Compute the company's contribution margin ratio. Choose Numerator: Choose Denominator: - Contribution Margin Ratio Contribution margin ratio (c) Compute the company's break-even point in units Choose Numerator: Choose Denominator: Break-Even Units Break even...
Starlight Co. makes and sells only one product. The unit contribution margin is $10 and the break-even point in unit sales is 25,000. The company's fixed costs are: (8 04:29:52 Multiple Choice Ο $110,000. Print Ο $120,400. Ο $146,000. Ο 525οοο. $250,000. Ο None of the answers is correct. A recent income statement of McClennon Corporation reported the following data: Units sold Sales revenue Variable costs Fixed costs 8 04:29:26 8,200 $11,070,000 6,560,000 2,700,000 If the company desired to earn...
Ritchie Manufacturing Company makes a product that it sells for
$190 per unit. The company incurs variable manufacturing costs of
$96 per unit. Variable selling expenses are $18 per unit, annual
fixed manufacturing costs are $462,000, and fixed selling and
administrative costs are $260,000 per year.
Required
Determine the break-even point in units and dollars using each
of the following approaches:
Use the equation method.
Use the contribution margin per unit approach.
Prepare a contribution margin income statement for the...
Ritchie Manufacturing Company makes a product that it sells for $200 per unit. The company incurs variable manufacturing costs of $110 per unit. Variable selling expenses are $20 per unit, annual fixed manufacturing costs are $466,000, and fixed selling and administrative costs are $269,000 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...
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