1. What is the mobthly break even point in unit sales and in dollar sales ?2. Without resorting to computations what is the total contribution margin at the break even point? 3. how many units would have to be sold each month to attain a target profit of $30000? Menlo Company distributes a single product. The company's sales and expenses for last month follow:PerUnitTotal$ 314,000219,800Sales$ 20Variable expenses14Contribution margin94,200$ 6Fixed expenses78,000Net operating income$ 16,200%24

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Description: 1. What is the mobthly break even point in unit sales and in dollar sales ?2. Without resorting to computations what is the total contribution margin at the break even point? 3. how many units would have to be sold each month to attain a target profi

The units of sales made by an trading organization at which they are not earning profits but also…

Business

Accounting

1. What is the mobthly break even point in unit sales and in dollar sales ? 2. Without resorting to computations what is the total contribution margin at the break even point? 3. how many units would have to be sold each month to attain a target profit of $30000?

1. What is the mobthly break even point in unit sales and in dollar sales ? 2. Without resorting to computations what is the total contribution margin at the break even point? 3. how many units would have to be sold each month to attain a target profit of $30000?

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 29E

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Biblio Files CompanyContribution Margin Income StatementFor the Year Ended December 31, 20Y8Sales $379,000 Variable costs:    Manufacturing expense$151,600   Selling expense15,160   Administrative expense60,640(227,400)  Contribution margin $151,600 Fixed costs:    Manufacturing expense$76,750   Selling expense8,000   Administrative expense10,000(94,750)Operating income $56,850
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Biblio Files CompanyContribution Margin Income StatementFor the Year Ended December 31, 20Y8 Sales $379,000 Variable costs:   Manufacturing expense $151,600   Selling expense 15,160   Administrative expense 60,640 (227,400)   Contribution margin $151,600 Fixed costs:   Manufacturing expense $76,750   Selling expense 8,000   Administrative expense 10,000 (94,750) Operating income $56,850 Sales Mix Biblio Files Company is making plans for its next fiscal year, and decides to sell two new types of bookshelves, Basic and Deluxe. The company has compiled the following estimates for the new product offerings. Type ofBookshelf Sales Priceper Unit Variable Costper Unit Basic $5.00   $1.75   Deluxe 9.00   8.10   The company is interested in determining how many of each type of bookshelf would have to be sold in order to break even. If we think of the Basic and Deluxe products as components of one overall enterprise product called…