SUS Appliance toasters sell for $49 per unit, and the variable cost to produce them is $29. SUS estimates that the fixed costs are$100,800.a. Compute the break-even point in units.Break-even pointtoastersb. Fill in the table below (in dollars) to illustrate that the break-even point has been achieved. (Do not leave any empty spaces; input aO wherever it is required. Enter all values as positive value.)SalesVariable costsContribution margin- Fixed costsTotal operating profit (loss)

Break even point :— It is the point of production where total cost is equal to total revenue. At…

Answered: SUS Appliance toasters sell for $49 per…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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You are considering opening a copy service in thestudent union. You estimate your fixed cost at $15,000 and thevariable cost of each copy sold at $.01. You expect the sellingprice to average $.05.a) What is the break-even point in dollars?b) What is the break-even point in units? PX• • S7.23 An electronics firm is currently manufacturing anitem that has a variable cost of $.50 per unit and a selling priceof $1.00 per unit. Fixed costs are $14,000.
Aragon Company produces and sells a particular home appliance. The variable cost (VC) per unit is P50. The unit selling price (SP) is P120 while fixed cost (FC) is P70,000. What is the cost function in this case? a. P = 120x – 50x – 70,000b. C = 50x + 70,000c. R = 120x d. no answer
urrently, the unit selling price of a product is $410, the unit variable cost is $340, and the total fixed costs are $1,176,000. A proposal is being evaluated to increase the unit selling price to $460. a. Compute the current break-even sales (units).fill in the blank 1 of 1 units b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant.fill in the blank 1 of 1 units
Shock Electronics sells portable heaters for #35 per unit, and the variable cost to produce them is $22. Mr. Amps estimates that the fixed costs are $97,500. a) Compute the break even point in units BE = FC/ P-VC per unit b) Fill in the following table (in dollars) to illustrate that the break-even point has been achieved Sales....... _______________ - Fixed Costs (FC) _______________ -Total Variable Costs (VC) _______________ Net Profit (loss) ________________
what is the Revenue, cost and profit functions for the problem below? Orange Company buys Product A for P15 per units and sells them for P25 per unit. There areno other variable costs. Fixed cost is P6,000. Use the breakeven formula to determine thefollowing:a. Revenue, cost and profit functions.
Madlock, Inc. sells a product with a contribution margin of $10 per unit. Fixed costs are $1,800 per month. How many units must Madlock sell to break even? Begin by showing the formula and then entering the amounts to calculate the units Madlock must sell to break even. (Abbreviation used: CM = contribution margin. Complete all input fields. Enter a "0" for items with a zero value.) Target profit ) = Fixed costs ▼ + + HH CM per unit TOD Carmen Required sales in units
Burnem Inc. manufactures thumb drives and sells them to a distributor. Burnem's total cost and total revenue (in dollars) for x thumb drives are given by the following equations. Total cost = 6(x + 4716) and Total revenue = 15x (a) How many thumb drives must Burnem sell to break even? X = thumb drives (b) What is the selling price of each item? $ (c) What are the fixed costs? $ (d) What is the marginal profit per item? $
AA Company produces and sells refrigerator magnets to be sold as novelty items by resorts. Last year, the company sold 198,400 units. The income statement for AA Company for last year is as follow: $992,000 545,600 $446,400 Sales Less: Variable expenses Contribution margin Less: Fixed expenses 180,000 $266,400 Operating Income How much was the margin of safety in revenue for last year? (Answer format: $123,456.78) * Your answer Suppose that the selling price decreases by 8 percent. How much is the revised breakeven point in units? (Answer format: 123.45) * Your answer
See information in attached image. Questions: Calculate the total fixed selling and administration costs. Calculate the contribution per unit Assuming a contribution of R150 and total fixed costs of R1 600 500, calculate the break-even point in units. Round your answer to the nearest whole unit. Using the information provided in the question and your answer above, calculate the margin of safety percentage. Round your answer to two decimal places.
Reid Company is considering the production of a new product. The expected variable cost is $24 per unit. Annual fixed costs are expected to be $892,500. The anticipated sales price is $75 each. Required Determine the break-even point in units and dollars using each of the following: Use the equation method. Use the contribution margin per unit approach. Use the contribution margin ratio approach. (Do not round intermediate calculations. Round "Contribution margin ratio" to 1 decimal place. (i.e., 0.234 should be entered as 23.4))
Shock Electronics sells portable heaters for $49 per unit, and the variable cost to produce them is $29. Ms. Amps estimates that the fixed costs are $100,800. a. Compute the break-even point in units. Break-even point b. Fill in the following table (in dollars) to illustrate that the break-even point has been achieved. Sales Fixed costs Total variable costs Net profit (loss) units $ 0
The constraint at Rauchwerger Corporation is time on a particular machine. The company makes three products that use this machine. Data concerning those products appear below: Selling price per unit. Variable cost per unit. Minutes on the constraint WX $335.01 $ 259.60 5.80 KD FS $ 228.29 $ 173.42 $ 199.04 $ 159.95 4.10 3.80 Assume that sufficient time is available on the constrained machine to satisfy demand for all but the least profitable product. Up to how much should the company be willing to pay to acquire more of the constrained resource? (Round your intermediate calculations to 2 decimal places.)

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