If a product sells for $22, variable costs are $12 and fixed costs are $300,000, what would total sales have to be in or...
If a product sells for $22, variable costs are $12 and fixed costs are $300,000, what would total sales have to be in order to break-even?
Multiple Choice
-
$3,000,000
-
$660,000
-
$300,000
-
$360,000
Homework Answers
Contribution margin=Sales-Variable cost
=22-12=$10 per unit
At breakeven;Total contribution margin=Total fixed costs=$300,000
Hence sales units=(300,000/10)
=30,000 units.
=(30,000 units*$22)
=$660,000
Add Answer to:
If a product sells for $22, variable costs are $12 and fixed costs are $300,000, what would total sales have to be in or...
2 Sarafine, Inc. sells a single product for $25. Variable costs are $12 per unit and fixed costs total $130,000 at a vo...
2 Sarafine, Inc. sells a single product for $25. Variable costs are $12 per unit and fixed costs total $130,000 at a volume level of 5,000 units. Assuming that fixed costs do not change, Sarafine's break-even sales would be: | oo49:59 Multiple Choice $210,000 $250,000. $350000 $530,000 None of the answers is correct
Sarafine, Inc. sells a single product for $21. Variable costs are $7 per unit and fixed...
Sarafine, Inc. sells a single product for $21. Variable costs are $7 per unit and fixed costs total $182,000 at a volume level of 4,500 units. Assuming that fixed costs do not change, Sarafine's break- even sales would be: Multiple Choice $233,000 $273,000. $373,000. $553,000
If unit sales prices are $22 and variable costs are $12 per unit, how many units...
If unit sales prices are $22 and variable costs are $12 per unit, how many units would have to be sold to break-even if fixed costs equal $17,000? Multiple Choice 1,700 units 20,400 units 170,000 units 37,400 units
A product sells for $210 per unit, and its variable costs are 60% of sales. The...
A product sells for $210 per unit, and its variable costs are 60% of sales. The fixed costs are $408,000. What is the break-even point in sales dollars? (Do not round intermediate calculations.) Multiple Choice $680,000. $1,943. $4,857. $408,000. $1,020,000.
A product sells for $150 per unit, and its variable costs are 58% of sales. The...
A product sells for $150 per unit, and its variable costs are 58% of sales. The fixed costs are $478.800 What is the break even point in sales dollars? (Do not found intermediate calculations Multiple Choice Ο. Ο S82550 Ο Ο S7600. Ο SIM000. Ο Ο $478.800 Ο
QUESTION 30 ABC sells its shirts for $50 a piece. If fixed costs are $300,000 and...
QUESTION 30 ABC sells its shirts for $50 a piece. If fixed costs are $300,000 and variable costs are $30 per unit, what is break-even in sales dollars? $187500 $50,000 $3,000,000 $750,000 QUESTION 31 On a piece of scrap paper prepare a flexible budget for 5,000, 6,000, and 7,000 units of output. Use the following data: Variable costs: direct labor $4.00, direct materials $2.00, and overhead $3.00 Budgeted fixed overhead: $40,000. Total budgeted cost for 7,000 units is $94,000 some...
Hardy Co. manufactures a product that sells for $12 per unit. Total fixed costs are $96,000...
Hardy Co. manufactures a product that sells for $12 per unit. Total fixed costs are $96,000 and variable costs are $7 per unit. Hardy can buy a newer production machine that will increase total fixed costs by $22,800 but variable costs will be decreased by $0.40 per unit. Answer the following (3 points each). A. Current break-even point in units B. New break-even point in units 5. Difference in break-even points in dollars
Sheffield Company estimates that variable costs will be 60% of sales, and fixed costs will total...
Sheffield Company estimates that variable costs will be 60% of
sales, and fixed costs will total $912,000. The selling price of
the product is $6.
Compute the break-even point in (1) units and (2) dollars.
(Round intermediate calculation to 2 decimal places,
e.g. 52.75.)
(1)
Break-even sales
units
(2)
Break-even sales
$
LINK TO TEXT
LINK TO TEXT
Assuming actual sales are $3,000,000, compute the margin of
safety in (1) dollars and (2) as a ratio. (Round ratio
to 0...
Pronghorn Company estimates that variable costs will be 53% of sales, and fixed costs will total...
Pronghorn Company estimates that variable costs will be 53% of sales, and fixed costs will total $1,269,000. The selling price of the product is $5. Compute the break-even point in (1) units and (2) dollars. (Round intermediate calculation to 2 decimal places, e.g. 52.75.) (1) Break-even sales | units units (2) Break-even sales $ LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM VIDEO: SIMILAR PROBLEM Assuming actual sales are $3,000,000, compute the margin of safety in (1) dollars and...
Wang Co. manufactures and sells a single product that sells for $450 per unit; variable costs...
Wang Co. manufactures and sells a single product that sells for $450 per unit; variable costs are $270. Annual fixed costs are $800,000. Current sales volume is $4,200,000. Compute the break-even point in units. Multiple Choice 5,500. 1,933. 4,444. 2,900. 1,160.
2 Sarafine, Inc. sells a single product for $25. Variable costs are $12 per unit and fixed costs total $130,000 at a volume level of 5,000 units. Assuming that fixed costs do not change, Sarafine's break-even sales would be: | oo49:59 Multiple Choice $210,000 $250,000. $350000 $530,000 None of the answers is correct
Sarafine, Inc. sells a single product for $21. Variable costs are $7 per unit and fixed costs total $182,000 at a volume level of 4,500 units. Assuming that fixed costs do not change, Sarafine's break- even sales would be: Multiple Choice $233,000 $273,000. $373,000. $553,000
A product sells for $150 per unit, and its variable costs are 58% of sales. The fixed costs are $478.800 What is the break even point in sales dollars? (Do not found intermediate calculations Multiple Choice Ο. Ο S82550 Ο Ο S7600. Ο SIM000. Ο Ο $478.800 Ο
QUESTION 30 ABC sells its shirts for $50 a piece. If fixed costs are $300,000 and variable costs are $30 per unit, what is break-even in sales dollars? $187500 $50,000 $3,000,000 $750,000 QUESTION 31 On a piece of scrap paper prepare a flexible budget for 5,000, 6,000, and 7,000 units of output. Use the following data: Variable costs: direct labor $4.00, direct materials $2.00, and overhead $3.00 Budgeted fixed overhead: $40,000. Total budgeted cost for 7,000 units is $94,000 some...
Hardy Co. manufactures a product that sells for $12 per unit. Total fixed costs are $96,000 and variable costs are $7 per unit. Hardy can buy a newer production machine that will increase total fixed costs by $22,800 but variable costs will be decreased by $0.40 per unit. Answer the following (3 points each). A. Current break-even point in units B. New break-even point in units 5. Difference in break-even points in dollars
Sheffield Company estimates that variable costs will be 60% of
sales, and fixed costs will total $912,000. The selling price of
the product is $6.
Compute the break-even point in (1) units and (2) dollars.
(Round intermediate calculation to 2 decimal places,
e.g. 52.75.)
(1)
Break-even sales
units
(2)
Break-even sales
$
LINK TO TEXT
LINK TO TEXT
Assuming actual sales are $3,000,000, compute the margin of
safety in (1) dollars and (2) as a ratio. (Round ratio
to 0...
Pronghorn Company estimates that variable costs will be 53% of sales, and fixed costs will total $1,269,000. The selling price of the product is $5. Compute the break-even point in (1) units and (2) dollars. (Round intermediate calculation to 2 decimal places, e.g. 52.75.) (1) Break-even sales | units units (2) Break-even sales $ LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM VIDEO: SIMILAR PROBLEM Assuming actual sales are $3,000,000, compute the margin of safety in (1) dollars and...
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