Medoc company provide the following information about its single product.  How many units must be sold to earn the targeted operating income? Targeted operating income - $56,410 Selling price per unit - $6.25 Variable cost per unit – $4.90 Total fixed cost – $54,810

Q: How many total units would the company have needed to sell to break even? * NUBD Corporation…

A: Breakeven Sales = Fixed cost / Weighted contribution margin per unit

Q: NUBD Corporation manufacdures and sells two products: A123 and B456. The operating results of the…

A: CVP assumption states that when there are multi products the Product mix is already know.   Here…

Q: The following data are given on the sole product of Silva Corporation: Unit Selling Price P 800;…

A: Formulas: Break even sales (Units) = Fixed costs / Contribution Margin per unit  Break even sales…

Q: Mallard Corporation uses the product cost concept of product pricing. Below is cost information for…

A: Selling price = Total cost + Mark up

Q: Mallard Corporation uses the product cost concept of product pricing. Below is cost information for…

A: The cost can be classified into two categories i.e product cost and period cost. The product cost is…

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: Sterling Co. manufactures phone equipment and uses the variable cost method of applying the…

A: Markup percentage based on variable cost=Desired profitVariable costs

Q: Steven Company has fixed costs of $394,092. The unit selling price, variable cost per unit, and…

A: First, compute the weighted contribution margin per unit as shown below: weighted contribution…

Q: Steven Company has fixed costs of $450,840. The unit selling price, variable cost per unit, and…

A: Break even point means where there is no profit no loss. Variable cost means the cost which vary…

Q: Mallard Corporation uses the product cost concept of product pricing. Below is cost information for…

A:

Q: Misdrea  Corporation is a wholesaler that sells a single product. Management has provided the…

A: Cost of sales is a variable expense whereas selling and administrative expense is calculated…

Q: Below is the information on three independent companies: Zissou Gustave Tenenbaum Sales $25,000…

A: Sales can be calculated by multiplying sales units by per-unit price.

Q: Blanchard Company manufactures a single product that sells for $175 per unit and whose total…

A: Selling price per unit =$175 Variable cost per unit=$140 Annual fixed cost=$514,500  Contribution…

Q: The following data are available for product number CK74, manufactured and sold by Ruby Corporation:…

A: Lets understand the basics. Contribution is a amount remain of sales after deducting variable cost…

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

A: We should first understand about the contribution margin ratio to solve this question. Contribution…

Q: A company provided the following data for its three products' selling price, variable cost, and…

A: Breakeven sales revenue is that level of sales revenue at which business is only recovering its…

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: Cabrera Enterprises, a company that produces and sells a single product has provided its…

A: Solution: Contribution margin per unit = Contribution margin / Nos of units = $813,750 / 52500  =…

Q: Magpie Corporation uses the total cost concept of product pricing. Below is cost information for the…

A: Variable cost will vary with the level of output whereas fixed cost remain fixed whatever may be the…

Q: Jean Company produces four products, which have a manufacturing cost of P672,000 at the split-off…

A: Manufacturing cost is the aggregate amount of cost incurred by a business to produce goods in a…

Q: Dotterel Corporation uses the variable cost concept of product pricing. Below is cost information…

A: Variable costs: Variable costs are those costs that change in proportion to change in the production…

Q: Anna Inc. sells two products as follows: Product A Product B Units sold 3,800 4,750 Selling price…

A: Break-Even Point: Your company has reached its break-even point when its entire expenses and total…

Q: Magpie Corporation uses the total cost method of product pricing. Below is cost information for the…

A:

Q: Bluegill Company sells 16,200 units at $360 per unit. Fixed costs are $291,600, and operating income…

A: Sales volume = 16,200 units. Selling price per unit = $360 per unit Sales revenue = 360 * 16,200 =…

Q: Magpie Corporation uses the total cost method of product pricing. Below is cost information for the…

A: Desired Net income = $621,000 * 21% Desired Net income = $130,410

Q: Bacob Corporation is a wholesaler that sells a single product. Management has provided the following…

A: Sales Volume 5000 6000 Cost of Sales 315500 378600 Selling and administration cost…

Q: amison Company produces and sells Product X at a total cost of $1,300 per unit, of which $880 is…

A: Mark up: Mark-up can also be defined as the gross margin of a sale, but the term is normally used in…

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: Elbrege Corporation manufactures a single product. The company has supplied the following data:…

A: Fixed manufacturing overhead per unit = Fixed manufacturing overhead per year / No. of Units…

Q: Mallard Corporation uses the product cost concept of product pricing. Below is cost information for…

A: Workings notes:

Q: Magpie Corporation uses the total cost method of product pricing. Below is cost information for the…

A: Desired profit = Invested assets x Desired rate of return

Q: Steven Company has fixed costs of $365,640. The unit selling price, variable cost per unit, and…

A: Total breakeven point = Total fixed costs / Weighted average contribution margin per unit where,…

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: Dotterel Corporation uses the variable cost method of product pricing. Below is cost information for…

A: Markup is defined as the difference among the selling price of the service or the goods and costs.…

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: Rings Company has three product lines, A, B, and C. The following financial information is…

A: Pre Tax Operating Income (if Product Line C is Continued) = $15,500 + $31,500 - $950 = $46,050 Pre…

Q: Magpie Corporation uses the total cost method of product pricing. Below is cost information for the…

A: Cost per unit = Total cost / Units

Q: otterel Corporation uses the variable cost concept of product pricing. Below is the cost information…

A: Profit refers to the income of the owner which is earned by the market production process. It a form…

Q: [The following information applies to the questions displayed below.]   Oslo Company prepared the…

A: Contribution margin is the difference between the sales revenue and variable cost and in other words…

Q: Omlstead company has fixed costs of $723,520. the unit selling price, variable cost per unit and…

A: Break Even Point (BEP) is a point where total cost and total revenue are equal. It is a point where…

Q: Blanchard Company manufactures a single product that sells for $180 per unit and whose total…

A: Contribution Margin = contribution margin approach is a shortcut method which is used for computing…

Q: Simmons Corp. has a selling price of $11, variable costs of $2 per unit, and fixed costs of $24,852.…

A: Units Sold = (Net income + Fixed cost) / (Selling Price - Variable cost)

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…

Q: Magpie Corporation uses the total cost concept of product pricing. Below is the cost information for…

A: Cost per unit: Total unit cost is the cost incurred by the company to produce one unit of product.…

Q: Mienfoo Corporation is a wholesaler that sells a single product. Management has provided the…

A: Solution: Variable cost of sales per unit = (P884,730 - P731,500) / (11490 - 9500) = P77 per unit…