A product sells for ₱40 per unit and has variable expenses of ₱26 per unit. Fixed expenses total ₱245,000 per month. How many units of the product must be sold each month to yield an after tax profit of ₱75,000? Tax rate is 30%. a. 7,653 b. 16,608 c. 13,543 d. 25,153 e. 12,308 f. 32,654
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A: Contribution margin per unit = Sales value - variable cost = 60 - 36 = 24 per…
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A: "Since you have posted a question with multiple sub parts, we will solve first three sub parts for…
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A: let number of units be x sales = 30x profit = 0.45*30x = 13.5x
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A: Here in this question, we are require to answer various question. Lets start with basic…
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A: Hi student Since there are multiple questions, we will answer only first question.
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Q: A company that sells its single product for P40 per unit had after-tax net income for the past year…
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A: Solution Given Annual sales 2.5M Variable expenses 60% of sales Fixed expense per…
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A: Contribution ratio refers to the ratio of contribution margin and sales where contribution margin…
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A: Margin of safety is a sales over a break even point. It is computed using the below formula. Margin…
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A: Last year Sold units 105,000 Contribution per unit 6.00…
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A: The calculation of contribution margin per unit has been made as follows: Contribution margin per…
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A: The provided information are: Fixed cost =Php 120,000 Sales volume = Php 400,000
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Q: A company manufactures a single product with a selling price of ₱180. Fixed expenses total ₱750,000…
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A: A Break-even point is a point when the total sales are equal to its total cost. It is a point that…
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A: The break even units required to achieve the target profit can be calculated as per CVP analysis
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A: The question is based on the concept of Cost Accounting.
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A: Net Income = Selling price per unit * Number of units sold - Variable cost per unit* Number of units…
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- Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are $15,250. Delta Co.s tax rate is 36% and the company wants to earn $44,000 after taxes. What would be Deltas desired pre-tax income? What would be break-even point in units to reach the income goal of $44,000 after taxes? What would be break-even point in sales dollars to reach the income goal of $44000 after taxes? Create a contribution margin income statement to show that the break-even point calculated in B, generates the desired after-tax income.Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90. The companys monthly fixed expenses are $180,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of October when they will sell 10,000 units. How many units will Cadre need to sell in order to realize a target profit of $300,000? What dollar sales will Cadre need to generate in order to realize a target profit of $300,000? Construct a contribution margin income statement for the month of August that reflects $2,400,000 in sales revenue for Cadre, Inc.Olivian Company wants to earn 420,000 in net (after-tax) income next year. Its product is priced at 275 per unit. Product costs include: Variable selling expense is 14 per unit; fixed selling and administrative expense totals 290,000. Olivian has a tax rate of 40 percent. Required: 1. Calculate the before-tax profit needed to achieve an after-tax target of 420,000. 2. Calculate the number of units that will yield operating income calculated in Requirement 1 above. (Round to the nearest unit.) 3. Prepare an income statement for Olivian Company for the coming year based on the number of units computed in Requirement 2. 4. What if Olivian had a 35 percent tax rate? Would the units sold to reach a 420,000 target net income be higher or lower than the units calculated in Requirement 3? Calculate the number of units needed at the new tax rate. (Round dollar amounts to the nearest dollar and unit amounts to the nearest unit.)
- Faldo Company produces a single product. The projected income statement for the coming year, based on sales of 200,000 units, is as follows: Required: 1. Compute the unit contribution margin and the units that must be sold to break even. Suppose that 30,000 units are sold above the break-even point. What is the profit? 2. Compute the contribution margin ratio and the break-even point in dollars. Suppose that revenues are 200,000 greater than expected. What would the total profit be? 3. Compute the margin of safety in sales revenue. 4. Compute the operating leverage. Compute the new profit level if sales are 20 percent higher than expected. 5. How many units must be sold to earn a profit equal to 10 percent of sales? 6. Assume the income tax rate is 40 percent. How many units must be sold to earn an after-tax profit of 180,000?Marlin Motors sells a single product with a selling price of $400 with variable costs per unit of $160. The companys monthly fixed expenses are $36,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of November when they will sell 130 units. How many units will Marlin need to sell in order to realize a target profit of $48,000? What dollar sales will Marlin need to generate in order to realize a target profit of $48.000? Construct a contribution margin income statement for the month of February that reflects $200,000 in sales revenue for Marlin Motors.Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The companys monthly fixed expenses are $22,500. What is the companys break-even point in units? What is the companys break-even point in dollars? Construct a contribution margin income statement for the month of September when they will sell 900 units. How many units will Maple need to sell in order to reach a target profit of $45,000? What dollar sales will Maple need in order to reach a target profit of $45,000? Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.
- The company sells a product for ₱30 per unit. Fixed expenses total ₱100,000 and variable expense of ₱12 per unit. How many units must be sold to realize a profit of 45% of sales (ignoring tax)? a. 2,084 b. 6,778 c. 8,334 d. 11,029 e. 12,097UrTurn sells its products at P80 per unit with the unit variable cost of P55. Its fixed cost is P81,000. How many units must be sold to achieve the following (tax rate is at 40%) 1. What is the breakeven point in units? 2. What is the break even point in Peso amount? 3. Break even point in peso for a minimum of P5,000 required after tax income. 4. Minimum after tax income of 15% of SalesA firm has fixed costs of P200,000 and variable costs per unit of P6. It plans on selling 40,000 units in the coming year. If the firm pays income taxes on its income at a rate of 40 percent, what sales price must the firm use to obtain an after-tax profit of P24,000 on the 40,000 units?
- Camp Corporation produces a single product that it currently sells for P10. Fixed expenses are P120,000 for the year and variable expenses are P6 per unit. In addition, Camp’s salespersons are paid a commission of 10% of their sales.If Camp spends an additional P10,000 on advertising, increases its selling price to P12 per unit, and sells 60,000 units, its net operating income would be?A company manufactures a single product with a selling price of ₱180. Fixed expenses total ₱750,000 and the company must sell 15,000 units to breakeven. Tax rate is 25%. If the target profit after tax is ₱350,000, how many units must be sold? a. ₱ 16,223 b. ₱ 15,000 c. ₱ 5,000 d. ₱ 43,000 e. ₱ 26,000 f. ₱ 22,000The Colits Corp. sells products for P200 each. Variable costs are P150 per unit. Fixed Costs are P800,000. How much sales (in pesos) must be reached to realize a net income of 15% of sales?
