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R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs for three types of tax returns follow. Fixed costs total $18,000. Variable Cost Type of Return Easy Moderate Business Sales Mix Fee Charged $ 50 125 275 per Return $ 30 50% 30% 20% 75 100 (1) Determine the weighted-average contribution margin. Sales mix Contribution margin per return Total per unit Easy 50% Moderate 30% Business 20% Weighted-average contribution margin (2) Determine the break-even point in units using the weighted-average contribution margin. Numerator: Denominator: Break Even Units %3D Break even units %3D (3) Determine the number of units of each product that will be sold at the break-even point. Sales mix Number of units to break even. Units sales at the break-even point Easy Moderate Business

R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs for three types of tax returns follow. Fixed costs total $18,000. Variable Cost Type of Return Easy Moderate Business Sales Mix Fee Charged $ 50 125 275 per Return $ 30 50% 30% 20% 75 100 (1) Determine the weighted-average contribution margin. Sales mix Contribution margin per return Total per unit Easy 50% Moderate 30% Business 20% Weighted-average contribution margin (2) Determine the break-even point in units using the weighted-average contribution margin. Numerator: Denominator: Break Even Units %3D Break even units %3D (3) Determine the number of units of each product that will be sold at the break-even point. Sales mix Number of units to break even. Units sales at the break-even point Easy Moderate Business

SWFT Comprehensive Vol 2020
SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter22: S Corporations
Section: Chapter Questions
Problem 16CE
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R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs for three types of tax returns follow. Fixed costs total $18,000. Variable Cost per Return $ 30 Type of Return Easy Moderate Business Sales Mix Fee Charged $ 50 125 275 50% 30% 75 20% 100 (1) Determine the weighted-average contribution margin. Sales mix Contribution margin per return Total per unit Easy 50% Moderate 30% Business 20% Weighted-average contribution margin (2) Determine the break-even point in units using the weighted-average contribution margin. Numerator: Denominator: Break Even Units Break even units (3) Determine the number of units of each product that will be sold at the break-even point. Sales mix Number of units to break even. Units sales at the break-even point Easy Moderate Business
Transcribed Image Text:R&R Tax Service offers tax and consulting services to individuals and small businesses. Data for fees and costs for three types of tax returns follow. Fixed costs total $18,000. Variable Cost per Return $ 30 Type of Return Easy Moderate Business Sales Mix Fee Charged $ 50 125 275 50% 30% 75 20% 100 (1) Determine the weighted-average contribution margin. Sales mix Contribution margin per return Total per unit Easy 50% Moderate 30% Business 20% Weighted-average contribution margin (2) Determine the break-even point in units using the weighted-average contribution margin. Numerator: Denominator: Break Even Units Break even units (3) Determine the number of units of each product that will be sold at the break-even point. Sales mix Number of units to break even. Units sales at the break-even point Easy Moderate Business
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