For the coming year, Weill Inc. anticipates fixed cost of $240,000, unit variable cost of $80,...
Homework Answers
1. Construct a cost-volume-profit chart on your own paper, indicating the break-even sales for last year.
Contribution margin = unit selling price - variable cost per unit
Contribution margin =(120-80)
Contribution margin = $40
Contribution margin Ratio = Contribution margin /unit selling price
Contribution margin Ratio = 40/110
Contribution margin Ratio = 33.33%
Break-even sales (dollars) = fixed costs /Contribution margin Ratio
Break-even sales (dollars) = $240,000 / 33.33%
Break-even sales (dollars) = $720,000
Break-even sales (units) = fixed costs /Contribution margin
Break-even sales (units) = $240,000 / 80
Break-even sales (units) = 3000
Answer
| Break-even sales (dollars) | $ 720,000 |
| Break-even sales (units) | 3000 |
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For the coming year, Weill Inc. anticipates fixed cost of
$240,000, unit variable cost of $80,...
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