My Home ngagervowv2| Online teachin x enow.com/ilrn/takeAssignment/takeAssignmentMan.uo?invoker=&takeAssignmentSessionLocator=&inprogress=false (29) Quavo - WORKIN ME ( X + eBook 回一 Marlin Motors sells a single product with a selling price of $350 with variable costs per unit of $140. The company's monthly fixed expenses are $42,000. A. What is the company's break-even point in units? Break-even units units B. What is the company's break-even point in dollars? Break-even dollars $ C. Prepare a contribution margin income statement for the month of November when they will sell 110 units. Use a minus sign for a net loss if present. Income Statement D. How many units will Marlin need to sell in order to realize a target profit of $37,800? units New break-even units E. What dollar sales will Marlin need to generate in order to realize a target profit of $37,800? (Previous New break-even dollars $$ Arrignment

My Home ngagervowv2| Online teachin x enow.com/ilrn/takeAssignment/takeAssignmentMan.uo?invoker=&takeAssignmentSessionLocator=&inprogress=false (29) Quavo - WORKIN ME ( X + eBook 回一 Marlin Motors sells a single product with a selling price of $350 with variable costs per unit of $140. The company's monthly fixed expenses are $42,000. A. What is the company's break-even point in units? Break-even units units B. What is the company's break-even point in dollars? Break-even dollars $ C. Prepare a contribution margin income statement for the month of November when they will sell 110 units. Use a minus sign for a net loss if present. Income Statement D. How many units will Marlin need to sell in order to realize a target profit of $37,800? units New break-even units E. What dollar sales will Marlin need to generate in order to realize a target profit of $37,800? (Previous New break-even dollars $$ Arrignment

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Description: My Homengagervowv2| Online teachin xenow.com/ilrn/takeAssignment/takeAssignmentMan.uo?invoker=&takeAssignmentSessionLocator=&inprogress=false(29) Quavo - WORKIN ME ( X +eBook回 一Marlin Motors sells a single product with a selling price of $350 with v

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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Onawa Ltd manufactures a top-selling electronic spreadsheet product called Cell 123. Onawa is aboutto release version 8. It divides its customers into 2 groups: new customers and upgrade customers(those who previously purchased Cell 123, version 7 or earlier versions). Although the same physicalproduct is provided to each customer group, sizeable differences exist in selling prices and variablemarketing costs New customers Upgrade customers N$ N$ Selling price 210 120 Variable costs: Manufacturing (25) (25) Marketing (65) (15) The fixed costs of Cell 8 are N514 000 000. The planned ratio of new customers to upgrade customers isexpected to be 6:4 respectively requirement:a) Calculate Onawa Ltd individual break-even point both in units and sales revenue, assuming thatthe customers will come as planned.b) Ifthe planned sales mix is attained, calculate the operating income when 200 000 units are sold.c) The CVP analysis as any management tool has some limitations.…
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.
Choose the correct letter of answer Martinez 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 P75,000. How mush is P when R volume is 7,000 units? a. 840,000b. 415,000c. 490,000d. 350000
Choose the correct letter of answer Jan Slaugther 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 profit function in this case? a. C = 50x + 70,000b. Answer not givenc. P = 120x – 50x – 70,000d. R = 120x
pPease need answer for all requirements with full working. Please double underline answer all requirements or skip/leave for other experts . Please do not waste question and time by giving incomplete or incorrect answer. Answer in text. Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company incurs variable manufacturing costs of $60 per unit. Variable selling expenses are $18 per unit, annual fixed manufacturing costs are $480,000, and fixed selling and administrative costs are $240,000 per year. Required Determine the break-even point in units and dollars using each of the following approaches: A) Use the equation method. B) Use the contribution margin per unit approach. C) Use the contribution margin ratio approach. D) Prepare a contribution margin income statement for the break-even sales volume.
PLEASE ANSWER ASAP! THANK YOU! 1. After determining the total product cost of P100.00 per unit, Mr. Abecee the owner, decided to set mark-up of 15% on cost of his product. Determine the final retail price per unit of product. Show your solution. 2. What is the pricing strategy used by Mr. Abecee? Briefly explain this pricing strategy. 3. How many units must be sold for Mr. Abecee to Break-even if Fixed Cost isPhp 100,000, Unit Selling Price is Php10.00 and Unit Variable cost is Php.5.00. 4. Differentiate geographical pricing from psychological pricing. 5. If you are to put -up a small start-up business with a starting capital of P50,000 ...a) What business will it be? andb) What will be your best pricing strategy? Justify.
Choose the correct letter of answer Bautista 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 revenue function in this case? a. C = 50x + 70,000b. P = 120x – 50x – 70,000c. R = 120x d. none of the above
Wang Company manufactures and sells a single product that sells for $540 per unit, variable costs are $324 per unit. Annual fixed costs are $836,000. Current sales volume is $4,290,000 Managemer annual income of $1,215,000. Compute the dollar sales to earn the target income. Multiple Choice $5,794,800 $5,127,500. $3,418,333. $3,039,333 $2.660.333 Please avoid solution in an image format thank you
The Products 4U Inc. manufactures and sells one product which has the following available information: Description Cost Selling price per unit $27.00 Variable costs per unit: Direct material $9.00 Direct labour $2.30 Manufacturing overhead $1.40 Sales commission $3.80 Total annual fixed costs $100,000 How many units does the company have to sell every year to break even? Rounding Rules: For units, round up to the next whole unit. Examples: If your answer is 11,248.4689 units, enter 11249 If your answer is 11,248.5175 units, enter 11249 If your answer is 11,248.0010 units, enter 11249
Company XYZ produces and sells headphones. The company has total fired costs of $112,000. Each headphone sells for $70 per unit and has variable costs of $50 per unit. Next year XY7 Company wishes to eam an operating income that equals 20% of fixed costs. How many units must be sold to achieve this target income level? (rounded to the nearest numben) Select one: O a 1,120 O b. 5,600 Oc 933 O d. 6,720 O e 4480
Fis-Kla CVBA sells a single product in Georgia for $792. Variable costs are 59% of the selling price, and the company has fixed costs that amount to $305,112. Current sales total 18,426 units. Each unit that Fis-Kla sells will increase profit by, to the nearest dollar: Select one: A. $451 B. $325 C. $467 D. $308 E. $10
Shock Company manufactures computer monitors. The following is a summary of its basic cost and revenue data: Per Unit Percent Sales price $ 460 100.00 Variable costs 237 51.52 Unit contribution margin $ 223 48.48 Assume that Shock Company is currently selling 590 computer monitors per month and monthly fixed costs are $79,800. What is Shock Company's degree of operating leverage (DOL) at this sales volume (i.e., at 590 units)? (Round your answer to three decimal places.) Multiple Choice 2.813. 2.100. 3.325. 2.695. 2.541.