ABC Company provides the following information about its product:   Targeted operating income $50,000 Selling price per unit 7.00 Variable cost per unit 1.50 Total fixed costs 125,000   What is the contribution margin ratio?

Q: The following information is for Alex Corp:                 Product X: Revenue…

A: Given that, Revenue from product X = $12 Variable cost from product X = $4.50   Revenue from product…

Q: Hummingbird Company uses the product cost concept of applying the cost-plus approach to product…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Jaybird Company operates in a highly competitive market where the market price for its product is…

A: Answer: Jaybird company need to reduce its total cost by $45,500 to achieve targeted costs per unit

Q: break-even units,

A: Weighted average contribution margin = (Contribution margin of Product A * Weight of Product A) +…

Q: lmstead Company has fixed costs of $795,760. The unit selling price, variable cost per unit, and…

A: Break-even point is defined as the volume of production where the total cost is equal to the total…

Q: Wells corporation has the following sales mix for its three products: A,20% B,35%,and C,45%.Fixed…

A: Break-even analysis is a technique used widely by the production management. It helps to determine…

Q: Conley Company has fixed costs of $17,802,000. The unit selling price, variable cost per unit, and…

A: Formula: Break even point in units = Fixed cost / Unit contribution margin

Q: Carla Vista Corporation has fixed costs of $270,500. It has a unit selling price of $6.60, unit…

A: Formulas: Sales units = (Fixed cost + Profit) / (Selling price - Variable cost)

Q: Concord Corporation has a weighted-average unit contribution margin of $30 for its two products,…

A: Break-even Units = Fixed Costs / Weighted Unit Contribution Margin

Q: Bluegill Company sells 16,700 units at $260 per unit. Fixed costs are $217,100, and operating income…

A: Variable costs are those costs which changes directly with change in level of activity. Contribution…

Q: EasyLang Company provided the following information below   Variable production costs…

A: Period costs are costs that are not directly linked with the production process. It include…

Q: Jarvis Company uses the total cost concept of applying the cost-plus approach to product pricing.…

A: Note: Since you have posted a question with multiple sub-parts, we will solve first three subparts…

Q: Marie's Magic Shoppe provides the following information about its single product. Targeted…

A: Contribution margin per unit = Selling price per unit - Variable costs per unit Contribution margin…

Q: Bobby Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and…

A: The sales mix of the X and Y is 60% and 40% respectively. To determine the selling price, variable…

Q: Heyden Company has fixed costs of $733,950. The unit selling price, variable cost per unit, and…

A: Break-even analysis is a technique widely used by the production department. It helps to determine…

Q: Consider the following sales and cost data for Van Buren Company. The total sales and cost…

A: Lets understand the basics. Contribution margin is a margin generated from the sales. In other…

Q: Sarah Smith, a sole proprietor, has the following projected figures for next year: Variable cost per…

A: Introduction:- The following formula used to calculate Contribution margin ratio as follows:-…

Q: The following information is for LaPlanche Industries Inc.:   East   West Sales volume (units):…

A: Contribution margin: The contribution margin refers to the difference between the selling price and…

Q: Based on the following cost data, what conclusions can you make about Product A and Product B? Total…

A: Determine the type of cost for Product A.

Q: Zeke Company sells 25,900 units at $18 per unit. Variable costs are $8 per unit, and fixed costs are…

A: Contribution margin = Sales - variable cost = $18 - $8 = $10 Contribution margin ratio =…

Q: A company provided the following data: Selling price per unit $80 Variable cost per unit $45 Total…

A: The number of units required to earn a profit can be calculated as sum total fixed costs and profit…

Q: Sally Company sells 39,000 units at $16 per unit. Variable costs are $11.20 per unit, and fixed…

A: We know that under marginal costing  Operating income = Sales Revenue - Total Variable cost - Total…

Q: Analyzing income under absorption and variable costing Variable manufacturing costs are $126 per…

A: Introduction: Absorption costing is the process of allocating fixed overhead costs to each unit…

Q: The following information pertains to ANGEL’S BURGER’s cost-volume-profit relationships:   Variable…

A: Selling price per unit: It is the price at which a unit of product is sold in the market. Variable…

Q: What is the conversion cost per unit?     $280     $180     $100     $380

A: Hi student Since there are multiple questions, we will answer only first question.

Q: What is the breakeven point in unit, assuming a product's selling price is $100 fixed costs are…

A: Compute the CPU as follows:

Q: Helium Company has the following information available:   Selling price per unit…

A: Target Sales Units = Fixed Cost + Target Net IncomeContribution per unit

Q: Royal Company provides the following information about its single product. Targeted operating…

A: Contribution margin per unit = Selling price per unit - Variable cost per unit

Q: Lamp Company has the following cost-volume-profit (CVP) data:   Breakeven point, in units 3,000…

A: The break even sales are the sales where business earns no profit no loss during the period.

Q: Skywalker Corporation reported the following on their contribution format income statement: Sales…

A: CONTRIBUTION MARGIN REPRESENTS THE DIFFERENCE IN COMPANY'S SALES AND VARIABLE COSTS EXPRESSED AS…

Q: Bergman Ltd has the following product information available: Sales price $12 per unit Variable…

A: Contribution margin per unit = $12 - $4 = $8

Q: company provided the following data: Selling price per unit $80 Variable cost per unit $55 Total…

A: Break even units = Fixed cost/contribution per unit

Q: Bluegill Company sells 10,000 units at $400 per unit. Fixed costs are $200,000, and operating income…

A: Contribution margin = Fixed cost + Income from operations Fixed cost is $200000 Income from…

Q: Tucker Company reports the following data: Sales $415,400 Variable costs 278,300 Contribution…

A: Operating Leverage = Total Contribution margin / Operating Income

Q: Blossom Corporation has fixed costs of $404,700. It has a unit selling price of $7.00, unit variable…

A: Break-even analysis is a technique widely used by the production department. It helps to determine…

Q: Bambam Inc. produces BingBong products. Cost data are as follows: Fixed selling cost of 200;…

A: Formula: Total cost = variable cost + fixed cost

Q: ariable cost per unit $2.45 Fixed cost per unit    4.75 Total cost per unit  $7.20…

A: In marginal costing , the variable cost per unit and the total fixed cost remains unchanged…

Q: Cherokee Manufacturing Company established the following standard price and cost data:…

A: Introduction: A flexible budget variation is any discrepancy between the outcomes provided by a…

Q: Given breakeven sales in units of 32,000 and a unit contribution margin of $10, how many units must…

A:

Q: Steven Company has fixed costs of $160,000. The unit selling price, variable cost per unit, and…

A: The break even point can be computed as fixed costs divided by weighted average contribution

Q: :Salem Company has the following information for tables production 1,800 $1,900 1,140 Number of…

A: Unit contribution margin can be calculated by deducting the variable cost per unit from the unit…

Q: Bonita Industries has a weighted-average unit contribution margin of $30 for its two products,…

A: Total sales volume = Standard sales + Supreme sales = 70000 + 20000 = 90000 units

Q: If variable manufacturing costs are $10 per unit and total fixed manufacturing costs are $196,100,…

A: Manufacturing cost per unit (Absorption costing) = Variable manufacturing costs + Total fixed…

Q: Oriole Company has a unit selling price of $630, variable costs per unit of $410, and fixed costs of…

A: Break Even Point: The breakeven point is the level of production at which the costs of production…

Q: Listed below are a company’s monthly unit costs to manufacture and market a particular product.…

A: Concept maximum amount per unit that the company can pay the supplier without decreasing its…

Q: Emeka Company has provided the following​ information:   Sales price per unit $58 Variable cost per…

A: Contribution means the difference between the selling price and variable cost . Selling price means…

Q: Medoc Company provides the following information about its single product Targeted operating income…

A: Target operating income: It refers to the desired amount of profit that a company expects to achieve…

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.