1.) Polly company makes picture frames and has $3,200 in fixed costs. The unit sales price...
1.) Polly company makes picture frames and has $3,200 in fixed costs. The unit sales price is $20 and their unit variable costs are $8. The company wants to raise price by 10% while keeping cost the same. What would e the new break-even sales revenue amount?
Please give the formula and steps on how you solved this problem.
Homework Answers
Firstly we will calculate contribution margin per unit at raised price = revised selling price - variable cost
= (20×1.1) - 8
= 14
Now we can calculate break even sales revenue
Break even sales revenue =
(fixed cost × sale price)÷contribution margin
=(3200×22)÷14
= 5028.57
Thus the break even sales revenue $5028.57
Add Answer to:
1.) Polly company makes picture frames and has $3,200 in
fixed costs. The unit sales price...
Sales Mix and Break-Even Analysis Conley Company has fixed costs of $17,802,000. The unit selling price,...
Sales Mix and Break-Even
Analysis
Conley Company has fixed costs of $17,802,000.
The unit selling price, variable cost per unit, and
contribution margin per unit
for the company’s two products follow:
Product Model
Selling Price
Variable Cost per Unit
Contribution Margin per Unit
Yankee
$180
$99
$81
Zoro
225
135
90
The sales mix for products Yankee and Zoro is 80% and 20%,
respectively. Determine the break-even point in
units of Yankee and Zoro.
1 eBook Show Me How Sales...
Dynamo Company has the following revenue and cost information: Sales Price = $50 per unit Fixed...
Dynamo Company has the following revenue and cost information: Sales Price = $50 per unit Fixed Costs = $120,000 Variable Costs = $40 per unit What is the break-even point in units? A. 12,000 B. 3,000 C. 2,400 D. 150,000
If fixed costs are $277,000, the unit selling price is $29, and the unit variable costs...
If fixed costs are $277,000, the unit selling price is $29, and the unit variable costs are $18, what is the break-even sales (units) if fixed costs are reduced by $43,700? 16,967 units 31,814 units 21,209 units 25,451 units If fixed costs are $719,000 and variable costs are 63% of sales, what is the break-even point in sales dollars? $1,943,243 $2,662,243 $1,171,970 $452,970 If fixed costs are $272,000, the unit selling price is $123, and the unit variable costs are...
Sales Mix and Break-Even Analysis Einhorn Company has fixed costs of $105,000. The unit selling price,...
Sales Mix and Break-Even Analysis Einhorn Company has fixed costs of $105,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company’s two products follow: Product Selling Price Variable Cost per Unit Contribution Margin per Unit QQ $50 $35 $15 ZZ 60 30 30 The sales mix for products QQ and ZZ is 40% and 60%, respectively. Determine the break-even point in units of QQ and ZZ. a. Product QQ units b. Product ZZ units
Megan Company has fixed costs of $1,675,000. The unit selling price, variable cost per unit, and...
Megan Company has fixed costs of $1,675,000. The unit selling
price, variable cost per unit, and contribution margin per unit for
the two company's follow:
Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,675,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $880 $440 $440 Zoro 620 480 The sales mix for products...
Calculate the following information for Rudolph's Snowmobile Rentals Ine Total fixed costs Unit sales price Unit...
Calculate the following information for Rudolph's Snowmobile Rentals Ine Total fixed costs Unit sales price Unit variable cost $7,800 $200 per hour S 50 per hour a) Compute the contribution margin per rental hour. Sales Vaviabit cost b) Compute the contribution margin ratio. c) Compute the break-even point in hours. d) Compute the break-even point in sales dollars. e) Calculate the hours needed to earn S29,700 in operating income. ie sales price to $180 and has no changes itn vaniable...
Sales Mix and Break-Even Analysis Michael Company has fixed costs of $496,640. The unit selling price,...
Sales Mix and Break-Even Analysis Michael Company has fixed costs of $496,640. The unit selling price, variable cost per unit, and contribution margin per unit for the company’s two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $180 $80 $100 Zoro 140 120 20 The sales mix for products Yankee and Zoro is 55% and 45%, respectively. Determine the break-even point in units of Yankee and Zoro. a. Product Model Yankee units b. Product...
CopperZ Company has variable costs which are 40% of its unit selling price and fixed costs of $30,000. How much sales wi...
CopperZ Company has variable costs which are 40% of its unit selling price and fixed costs of $30,000. How much sales will CopperZ report at its break-even point in dollars?
Sales Mix and Break-Even Analysis Jordan Company has fixed costs of $273,600. The unit selling price,...
Sales Mix and Break-Even Analysis Jordan Company has fixed costs of $273,600. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price Variable Cost per Unit Contribution Margin per Unit Q $120 $70 $50 Z 80 70 10 The sales mix for products Q and Z is 50% and 50%, respectively. Determine the break-even point in units of Q and Z. If required, round your answers...
Sales Mix and Break-Even Analysis Michael Company has fixed costs of $1,684,800. The unit selling price,...
Sales Mix and Break-Even Analysis Michael Company has fixed costs of $1,684,800. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products fa Product Selling Price Variable Cost per Unit Contribution Margin per Unit QQ $700 $400 $300 zz 480 380 100 The sales mix for Products QQ and ZZ is 80% and 20%, respectively. Determine the break-even point in units of QQ and ZZ. If required, round your answers to nearest...
Sales Mix and Break-Even
Analysis
Conley Company has fixed costs of $17,802,000.
The unit selling price, variable cost per unit, and
contribution margin per unit
for the company’s two products follow:
Product Model
Selling Price
Variable Cost per Unit
Contribution Margin per Unit
Yankee
$180
$99
$81
Zoro
225
135
90
The sales mix for products Yankee and Zoro is 80% and 20%,
respectively. Determine the break-even point in
units of Yankee and Zoro.
1 eBook Show Me How Sales...
Megan Company has fixed costs of $1,675,000. The unit selling
price, variable cost per unit, and contribution margin per unit for
the two company's follow:
Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,675,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $880 $440 $440 Zoro 620 480 The sales mix for products...
Calculate the following information for Rudolph's Snowmobile Rentals Ine Total fixed costs Unit sales price Unit variable cost $7,800 $200 per hour S 50 per hour a) Compute the contribution margin per rental hour. Sales Vaviabit cost b) Compute the contribution margin ratio. c) Compute the break-even point in hours. d) Compute the break-even point in sales dollars. e) Calculate the hours needed to earn S29,700 in operating income. ie sales price to $180 and has no changes itn vaniable...
Sales Mix and Break-Even Analysis Michael Company has fixed costs of $1,684,800. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products fa Product Selling Price Variable Cost per Unit Contribution Margin per Unit QQ $700 $400 $300 zz 480 380 100 The sales mix for Products QQ and ZZ is 80% and 20%, respectively. Determine the break-even point in units of QQ and ZZ. If required, round your answers to nearest...
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 10 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 10 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 10 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 10 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 10 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 10 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 10 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 10 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 10 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 10 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 10 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 10 months ago