Question

Multiple Choice Question 137 A company desires to sell a sufficient quantity of products to earn a profit of $280000. If the

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Contribution per unit= Sale price per unit-Variable Cost

= 32- 12= $20 per Unit

Quantity= Net income+Fixed Cost / Contribution per unit

= 280000+800000 / 20

= 1080000/20

= 54000 units

Add a comment
Know the answer?
Add Answer to:
Multiple Choice Question 137 A company desires to sell a sufficient quantity of products to earn...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Multiple Choice Question 137 A company desires to sell a sufficient quantity of products to earn...

    Multiple Choice Question 137 A company desires to sell a sufficient quantity of products to earn a profit of $400000. If the unit sales price is $32, unit variable cost is $12, and total fixed costs are $800000, how many units mus be sold to earn net income of $400000? 52500 units 45000 units 90000 units 60000 units

  • Multiple Choice Question 137 A company desires to sell a sufficient quantity of products to earn...

    Multiple Choice Question 137 A company desires to sell a sufficient quantity of products to earn a profit of $240000. If the unit sales price is $16, unit variable cost is $12, and total fixed costs are $800000, how many units must be sold to earn net income of $240000? 260000 units 215000 units 430000 units 0110000 units

  • A company desires to sell a sufficient quantity of products to earn a profit of $260000....

    A company desires to sell a sufficient quantity of products to earn a profit of $260000. If the unit sales price is $20, unit variable cost is $12, and total fixed costs are $800000, how many units must be sold to earn net income of $260000? A. 72500 units B. 113000 units C. 216250 units D. 132500 units

  • Managerial Accounting Reliable Manufacturing wants to sell a sufficient quantity of products to earn a profit...

    Managerial Accounting Reliable Manufacturing wants to sell a sufficient quantity of products to earn a profit of $80,000. If the unit sales price is $10, unit variable cost is $8, and total fixed costs are $160,000, how many units must be sold to earn income of $80,000? 120,000 units 80,000 units 30,000 units 1,200,000 units

  • Coronado, Inc. wants to sell a sufficient quantity of products to earn an after-tax profit of...

    Coronado, Inc. wants to sell a sufficient quantity of products to earn an after-tax profit of $27000. If the unit sales price is $10, unit variable cost is $8, and total fixed costs are $79000, how many units must be sold to earn income of $27000? Coronado, Inc. has a tax rate of 40%. 62000 units 63600 units 39500 units 94800 units

  • EXERCISES: Set A (continued) 30. Break-Even Point and Target Profit Measured in Units (Multiple Products a....

    EXERCISES: Set A (continued) 30. Break-Even Point and Target Profit Measured in Units (Multiple Products a. Start by calculating the contribution margin for each product Sweater contribution margin- Jacket contribution margin- per unit per unit Then, calculate the weighted average contribution margin per unit: Weighted average contribution margin per unit = ) + ( b. The break-even point in units is calculated as: c. Break-even point in units for each product is: Sweater Jacket Total units (= units (= units...

  • please answer all 4 multiple choice questions In cost-volume-profit analysis, a multiple-product problem is converted into...

    please answer all 4 multiple choice questions In cost-volume-profit analysis, a multiple-product problem is converted into a single-product problem by: a. determining the unit variable cost. b. determining the sales prices. C. defining a particular sales mix in units. d. defining the features of the products. Burlywood Company sells two products that are expected to produce total revenue of $198,077 and total variable cost of $128.750 next year Total fixed cost is expected to equal $43.650. Determine the break-even point...

  • Dannica Corporation produces products that it sells for $40 each. Variable costs per unit are $25,...

    Dannica Corporation produces products that it sells for $40 each. Variable costs per unit are $25, and annual fixed costs are $360,000. Dannica desires to earn an after-tax (post-tax) profit of $150,000 for the year. The expected income tax rate is 20%. Required: Determine the sales volume in units required to earn the desired after-tax profit. Multiple Choice 30,180 Units 28,922 Units 34,000 Units NR NA The marketing manager of Benson Corporation has determined that a market exists for a...

  • Dannica Corporation produces products that it sells for $40 each. Variable costs per unit are $25,...

    Dannica Corporation produces products that it sells for $40 each. Variable costs per unit are $25, and annual fixed costs are $360,000. Dannica desires to earn an after-tax (post-tax) profit of $150,000 for the year. The expected income tax rate is 20%. Determine the sales volume in units required to earn the desired after-tax profit. Multiple Choice None of the choices presented are within 100 units of the correct answer. 28,922 Units 34,000 Units 36,500 Units 30,180 Units

  • Paddleboard Incorporated builds three products: River, Lake, and Ocean. Information for these three products is shown...

    Paddleboard Incorporated builds three products: River, Lake, and Ocean. Information for these three products is shown below: River Lake Ocean Total Selling price per unit $310 $260 $270 Variable cost per unit $175 $150 $125 Expected unit sales (annual) 14,000 2,000 4,000 20,000 Sales mix 70% 10% 20% 100% Total annual fixed costs are $760,000. Assume the sales mix remains the same at all levels of sales. (1) a. How many products in total must be sold to break even?...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT