For the most recent quarter, Baffle company had an after-tax profit of $62,720 from sales of 225,000 units. The company’s variable costs are 60% of the selling price and fixed costs are $121,900. If the company’s tax rate is 30%, what was the selling price per unit? (Round your answer to the nearest penny): a. $0.82 b. $1.57 c. $2.35 d. $2.05 e. $1.17 f. $1.37 g. $1.77 h. None of the above.

Q: porated's contribution margin ratio is 61% and its fixed monthly expenses are $45,500. Assuming that…

A: Net operating income refers to the concept of evaluating the expected sum of money arising out of an…

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A: The preceding year income statement for the year ending March 31 is as follows Sales (200,000 units…

Q: Beantown Baseball Company makes baseballs that sell for $13 per two-pack. Current annual production…

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Q: The HASF Ink Ltd income statement for the preceding year is presented below except as noted the cost…

A: Break-Even Point: It is the point of sales at which entity neither earns a profit nor suffers a…

Q: The HASF Ink Ltd income statement for the preceding year is presented below except as noted the cost…

A: SOLUTION-1 The company management feels that it should earn at least Rs.10000 pre taxes per annum on…

Q: company is trying to ascertain the selling price per unit for their product. They know the OCF is…

A: In this we have to operating cash flow and from that we can get required value of sales per unit.

Q: A product sells for ₱40 per unit and has variable expenses of ₱26 per unit. Fixed expenses total…

A: Selling price = ₱40 Variable cost = ₱26 Fixed cost = ₱245000 Let the units for after tax profit of…

Q: The sales in units required by Photo Finish to make an after-tax profit (TA) of $20,000, given an…

A: Introduction:- Cost-volume-profit (CVP) analysis is an important and systematic method that provides…

Q: The HASF Ink Ltd income statement for the preceding year is presented below except as noted the cost…

A: Contribution margin per unit = Contribution margin / No. of units  = Rs. 200,000 / 200,000 units=…

Q: The following annual information is for Bressler Corporation:   Product X Revenue per unit: $10.00…

A: Desired units = (Fixed cost + Net income /(1-tax rate))/Contribution margin per unit Total fixed…

Q: Zira Ltd sells mobile gadgets for 15 each. The gadgets have a variable cost of 4 per unit, and…

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

Q: Moyas Corporation sells a single product for $20 per unit. Last year, the company's sales revenue…

A: Formula: Break even point in units = Fixed cost / Unit contribution margin. Division of unit…

Q: Jilk Inc's contribution margin ratio is 619% and its fixed monthly expenses are $47,500. Assuming…

A: Formula : Net operating income = Contribution margin - Fixed expenses Deduction of fixed expenses…

Q: follow s    Sales (200,000 units @ 2.5 Each)                              Rs. 5, 00,000  Variable…

A: The preceding year income statement for the year ending March 31 is as follows:-   Sales (200,000…

Q: Sunland Corporation sells a product for $175 per unit. The product's current sales are 41,900 units…

A: Margin of safety in units = 41,900 - 34,155 = 7,745

Q: A company that sells its single product for P40 per unit had after-tax net income for the past year…

A: Solution...   Net income after tax = P1,188,000  Income before tax  = Income after tax ÷ (100% - tax…

Q: A company sells a single product for $15 per unit. Last year, the company's sales revenue was $223k…

A: Break even point is a situation where a firm has it sales revenue equals to its cost of sales. This…

Q: For the most recent quarter, Baffle company had an after-tax profit of $62,720 from sales of 225,000…

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Q: A product sells for ₱100 per unit and has a contribution margin of ₱45 per unit. Monthly fixed…

A: Unit price = P 100 Contribution per unit = P 45 Fixed cost = P 350,000 Loan amount = P 250,000…

Q: Jonick Company has sales of $460,000, and the break-even point in sales dollars is $372,600.…

A: Sales $4,60,000 Break-even point in sales dollars $3,72,600 Margin of Safety $ (Sales in dollar…

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Q: Assuming that the company has a current sales of $120,000 with a 25% margin of safety. Its…

A: Break even sales = Fixed cost/contribution  ratio

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A: Calculation of Contribution Margin per unit: Selling price per unit = Rs. 2.5 Variable cost per unit…

Q: lawn mowers, has a projected income for the coming year as follows:           Sales         $…

A:

Q: Moyas Corporation sells a single product for $20 per unit. Last year, the company's sales revenue…

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A: Break-even point: A breakeven analysis is a calculation of the point at which revenue equals…

Q: In 2018, Downy Co presented total variable cost at $687.50; total fixed cost at $6,750,000; sales…

A: Working note :- Particulars Amount $ Amount $ Sales price per unit  [a]   1250.00 Less…

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A: 1) Computation of sales volume to get target profit Sales Volume= Fixed Cost + Target…

Q: The following annual information is for Dexter Corporation:   Product A Revenue per unit: $20.00…

A: Formula: Unit contribution margin = Selling price - Variable cost per unit

Q: A company sold 105,000 units of product last year. The contribution margin per unit was ₱6, and…

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Q: Oriole Cupcakes Co. is selling cupcakes for $10 for a box of one dozen. Oriole has fixed costs…

A:

Q: Canoncito Co. produced and sold 6,000 units for $12 per unit. The variable cost was $3 per unit, and…

A: BREAK-EVEN POINT:-Break-even point can be calculated by dividing the total fixed cost of…

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A: Calculation of Variable expenses per unit Variable expenses per unit = Selling price per unit X…

Q: The HASF Ink Ltd income statement for the preceding year is presented below except as noted the cost…

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Q: The Rachel Company has sales of $450,000, and the break-even point in sales dollars is $292,500.…

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

Q: Milotic Corporation sells a single product for ₱25 per unit. Last year, the company's sales revenue…

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Q: ABC Corporation has the following information about its single product: Selling Price per unit ₱ 20…

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Q: A company manufactures a single product with a selling price of ₱120. Fixed expenses total ₱450,000…

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Q: Welker Products sells small kitchen gadgets for $15 each. The gadgets have a variable cost of $4 per…

A: Marginal costing is an costing method and it is the variable cost of one unit of a product. Marginal…

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A: Solution: Contribution margin per unit = Selling price - Variable costs = P7 - P2 = P5 per unit…

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Q: The HASF Ink Ltd income statement for the preceding year is presented below except as noted the cost…

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