Question

Sales Price $                    25.00 $                    3

Sales Price $                    25.00 $                    30.00 $                    35.00
Fixed Costs $                       858 $                    1,379 $                    2,368
Contribution Margin $                    20.35 $                    22.65 $                    25.03
Break-even Units (round up)                        42.16                        60.88                        94.61
Target Profit $                  417.00 $                  583.00 $              1,000.00
Break-even Units (round up)
Target Profit $                  667.00 $                  909.00 $              1,500.00
Break-even Units (round up)                               -                                 -                                 -  
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer:

Sales Price

25

30

35

Fixed Costs

858

1379

2368

Contribution Margin

20.35

22.65

25.03

Break-even Units (round up)

42.16

60.88

94.61

Target Profit

417

583

1000

Break-even Units (round up)

62.65

86.62

134.56

Target Profit

667

909

1500

Break-even Units (round up)

74.94

101.02

154.53

Working notes for the above answer is as under


779 780 Sales Price 781 782 Fixed Costs 783 784 Contribution Margin 785 786 Break-even Units (round up +H782/H784 787 788 Target Profit 789 790 Break-even Units (round up +(H788+H782/H784 791 792 Target Profit 793 794 Break-even Units (round up +(H792+H782/H784 795 30 1379 22.65 -+1782/1784 583 35 2368 25.03 -+J782/J784 1000 25 858 20.35 (788+1782)1784 J788+J782 J784 667 909 1500 (792+1782)1784 J792+J782 J784

Add a comment
Know the answer?
Add Answer to:
Sales Price $                    25.00 $                    3
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
  • INSTRUCTIONS:                                        &n

    INSTRUCTIONS:                                                                            Show all steps and calculations to determine the break-even.                                                    Determine the break-even for the target profit levels as outlined in the instructions.                                      Break-even = Fixed Costs / Contribution Margin                                                                                            DAY CARE                          BOARDING                         GROOMING                                                                                                  Sales Price           $                          -                            $                          -                            $                          -                                                                                                        Fixed Costs         $                          -                            $                          -                            $                          -                                                                                                        Contribution Margin       $                          -                            $                          -                            $                          -                                                                                                        Break-even Units (round up)                                    ...

  • ACC 202 Final Project Workbook - Excel - AutoSave Off HO File Home Insert B Draw...

    ACC 202 Final Project Workbook - Excel - AutoSave Off HO File Home Insert B Draw : Page Layout Formulas Data Review View Help Search 0 X Comments 4 Ideas Calibri === - 10 - AA - - A, AutoSum 47 On E Lori Foster LF 0 Share 0 Fill Sort & Find & Clear Filter - Select Editing a Wrap Text Merge & Center - Accounting $ $,% % , a Paste BIU - 4 68 .00 Insert Delete...

  • I'm stuck....how do I calculate to get the other break-even units Paste BIU Merge Lane A...

    I'm stuck....how do I calculate to get the other break-even units Paste BIU Merge Lane A Font Cells Styles Editing Number Alignment Clipboard K26 K M N O P Q R AB 3 Jazzy Dreams Dog Care MILESTONE 2 - Break-Even Analysis INSTRUCTIONS: Show all steps and calculations to determine the break-even. Determine the break-even for the target profit levels as outlined in the instructions Break-even - Fixed Costs / Contribution Margin DAY CARE BOARDING Day Care: 858.44/13.35= 64.30 GROOMING...

  • I am having trouble figuring this out. How do I break down the calculations? INSTRUCTIONS FOR MILESTONE 2 (Due Week 4...

    I am having trouble figuring this out. How do I break down the calculations? INSTRUCTIONS FOR MILESTONE 2 (Due Week 4) IMPORTANT NOTE: Make sure to completely review the Rubric for Milestone 2 Use the data from this Milestone and begin working on your final presentation due in Milestone 4 (Week 7) ITEMS TO COMPLETE FOR THIS MILESTONE (Green Tabs): GENERAL Use data from Milestone 1 in your analysis CONTRIBUTION MARGIN ANALYSIS Select a price for each service (grooming, day...

  • Ferkil Corporation manufacturers a single product that has a selling price of $25.00 per unit. Foed...

    Ferkil Corporation manufacturers a single product that has a selling price of $25.00 per unit. Foed expenses total $65.000 per year, and the company must sell 6,500 units to break even. If the company has a target profit of $15.000, sales in units must be Multiple Choice 7409 units 7100 units 8,000 units G 9100 units

  • Assume that a company has forecasted 5,800 units sold, has an average selling price of $25.00...

    Assume that a company has forecasted 5,800 units sold, has an average selling price of $25.00 per unit, unit variable cost of $10.00 per unit, and a total fixed cost equal to $84,000. Using the template provided, perform the following analyses: a. Create a Contribution-format Income Statement based on the forecasted data b. Create a Contribution-format Income Statement based on the Break-even Sales Volume c. Create a Contribution-format Income Statement based on a target profit equal to $6,000 INCOME STATEMENTS...

  • Ferkil Corporation manufacturers a single product that has a selling price of $25.00 per unit. Fixed...

    Ferkil Corporation manufacturers a single product that has a selling price of $25.00 per unit. Fixed expenses total $33,000 per year, and the company must sell 5,500 units to break even. If the company has a target profit of $12,000, sales in units must be: o 7,000 units o 5,980 units o 7,500 units o 6,820 units

  • Overview: In the third milestone, you will jump forward in time: Imagine that your business has already opened. Use the...

    Overview: In the third milestone, you will jump forward in time: Imagine that your business has already opened. Use the updated scenario information to analyze your company's performance. Post-opening Scenario: Your angel investors are silent in relation to the business; however, they require board meetings for status updates on the company's financial health. Therefore, you need to analyze your company's performance over the last month using the data provided below. Note: Your instructor will create an announcement sharing the income...

  • The selling price of Jerrel Corporation's only product is $300 per unit and its variable expense...

    The selling price of Jerrel Corporation's only product is $300 per unit and its variable expense is $175 per unit. The company's monthly fixed expense is $800,000. (Round up to the a. Break even point in units = nearest whole unit) b. Assume the company's month target profit is $100,000. Target Profit units = (Round up to the nearest whole unit) < Prev 14 of 18 HE Next > ype here to search

  • 6 MILESTONE 2 (Due in Module 4) MILESTONE 3 (Due in Module 5) MILESTONE 1 (Due in Module 2) 7 9 Instructions Milestone 2 10 12 1. Contribution Margin COGM Schedule .5 Name Choose a price range and ca...

    6 MILESTONE 2 (Due in Module 4) MILESTONE 3 (Due in Module 5) MILESTONE 1 (Due in Module 2) 7 9 Instructions Milestone 2 10 12 1. Contribution Margin COGM Schedule .5 Name Choose a price range and calculate Grooming Create a Cost of Goods Manufactured Sched Location Vision Day Care Mission Bcarding 2. 2. 2. Break-Even Analysis Identify the following Create an Income Statement Calculate the break-even units Revenue will be provided end of week 4 Direct Materials Grooming...

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