For the current year, Electric Corporation expected to sell 42,500 industrial power cords. Fixed costs were expected to total $1,652,500; unit sales price was expected to be $4,000; and unit variable costs were budgeted at $2,500. Electric Corporation's margin of safety (MOS) in units is: Multiple Choice O O O O 32,998. 36,598. 39,498. 49,298. 41,398.

For the current year, Electric Corporation expected to sell 42,500 industrial power cords. Fixed costs were expected to total $1,652,500; unit sales price was expected to be $4,000; and unit variable costs were budgeted at $2,500. Electric Corporation's margin of safety (MOS) in units is: Multiple Choice O O O O 32,998. 36,598. 39,498. 49,298. 41,398.

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 40P

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Schylar Pharmaceuticals, Inc., plans to sell 130,000 units of antibiotic at an average price of 22 each in the coming year. Total variable costs equal 1,086,800. Total fixed costs equal 8,000,000. (Round all ratios to four significant digits, and round all dollar amounts to the nearest dollar.) Required: 1. What is the contribution margin per unit? What is the contribution margin ratio? 2. Calculate the sales revenue needed to break even. 3. Calculate the sales revenue needed to achieve a target profit of 245,000. 4. What if the average price per unit increased to 23.50? Recalculate: a. Contribution margin per unit b. Contribution margin ratio (rounded to four decimal places) c. Sales revenue needed to break even d. Sales revenue needed to achieve a target profit of 245,000
Suppose that a company is spending 60,000 per year for inspecting, 30,000 for purchasing, and 40,000 for reworking products. A good estimate of nonvalue-added costs would be a. 70,000. b. 130,000. c. 40,000. d. 90,000. e. 100,000.
or the current year, Power Cords Corp. expected to sell 42,300 industrial power cords. Fixed costs were expected to total $1,651,500; unit sales price was expected to be $3,900; and unit variable costs were budgeted at $2,400.Power Cords Corp.'s margin of safety (MOS) in units is: Multiple Choice 49,099. 39,299. 41,199. 36,399. 32,799.
During the current year, OutlyTech Corp. expected to sell 22,500 telephone switches. Fixed costs for the year were expected to be $12,142,500, the unit sales price was budgeted at $3,250, and unit variable costs were budgeted at $1,400. OutlyTech's margin of safety (MOS) in units is (rounded up to nearest whole number): Multiple Choice 17,106. 15,936. 19,716. 15,806. 21,026.
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