Fixed cost $80,000; Variable cost $2 per unit; Selling price $10 per unit. Required: Turnover for a profit target of $60,000. a. $17500. b. $17000. c. $17400. d. $18667.
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Required: Turnover for a profit target of $60,000.
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- Division A of Kern Co. has sales of $350,000, cost of goods sold of $200,000, operating expenses of $30,000, and invested assets of $600000. What is the return on investment for Division A? A. 20% B. 25% C. 33% D. 40%Break-even sales under present and proposed conditions Kearney Company, operating at full capacity, sold 400,000 units at a price of $246.60 per unit during 20Y5. Its income statement for 20Y5 is as follows: The division of costs between fixed and variable is as follows: Management is considering a plant expansion program that will permit an increase of $8,631,000 (35.000 units at $246.60) in yearly sales. The expansion will increase fixed costs by $3,600,000 but will not affect the relationship between sales and variable costs. Instructions Determine for 20Y5 the total fixed costs and the total variable costs.Variable expenses are 60% of sales. At a R400 000 sales level, the degree of operating leverage is 5. Determine the profit R Determine the fixed cost R If sales increase by R40 000, determine: the new contribution the new profit the new degree of operating leverage will be (rounded to two decimals)
