ASDF Corporate Income Statement Current Year Units Sold 100,000 $37.84 $3, 784,000 $1,284,000 Unit Price Sales Revenue Variable Expenses (Materials & Labor) Fixed Expenses (Marketing & Overhead) Earnings Before Interest & Taxes $350,000 $2,150,000 (ЕВIT) $198,000 $1,952,000 Paid Interest Earnings Before Taxes (EBT) $664,000 Тахes Net Income after Taxes (NIAT) $1,288,000 $258,000 Dividends Retained Earnings $1,030,000 11. Calculate the number of units ASDF must sale to break even. That is calculate BECa Unit Sales. Where: FC Total fixed costs Pu-Price per unit VGu Variable cost per unit Total Fixed Costs FC (Pu-VCu) BE Unit Sales* = Contribution Margin This is the point where: Total Costs (TC)= Total Revenue (TR) BE Unit Sales (
ASDF Corporate Income Statement Current Year Units Sold 100,000 $37.84 $3, 784,000 $1,284,000 Unit Price Sales Revenue Variable Expenses (Materials & Labor) Fixed Expenses (Marketing & Overhead) Earnings Before Interest & Taxes $350,000 $2,150,000 (ЕВIT) $198,000 $1,952,000 Paid Interest Earnings Before Taxes (EBT) $664,000 Тахes Net Income after Taxes (NIAT) $1,288,000 $258,000 Dividends Retained Earnings $1,030,000 11. Calculate the number of units ASDF must sale to break even. That is calculate BECa Unit Sales. Where: FC Total fixed costs Pu-Price per unit VGu Variable cost per unit Total Fixed Costs FC (Pu-VCu) BE Unit Sales* = Contribution Margin This is the point where: Total Costs (TC)= Total Revenue (TR) BE Unit Sales (
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 1RE: Brandt Corporation had sales revenue of 500,000 for the current year. For the year, its cost of...
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