Raven Company has a target of $70,100 pre-tax income. The contribution margin ratio is 32%. What amount of dollar sales must be achieved to reach the goal if fixed costs are $36,200?

Q: The Ronowski Company has three product lines of belts—A, B, and C— with contribution margins of $3,…

A: Cost-volume profit analysis is a tool that helps in decision making by establishing a relationship…

Q: Given the cost per king-size sheet set above and assuming the manufacturer has total fixed costs of…

A: Given: Fixed cost = $500,000 Unit sales = 50,000

Q: A firm has the capacity to produce 931,498 units of a product each year. At present, it is operating…

A: Break-even sales are those level of sales at which the business does not make any profit nor does it…

Q: Wells corporation has the following sales mix for its three products: A,20% B,35%,and C,45%.Fixed…

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

Q: If National Co. has calculated that it needs to sell 20,000 units in order to earn an after-tax…

A: No. of units need to sell to earn desired profit = (Desired profit before tax + Fixed costs) /…

Q: Erin Shelton, Inc., wants to earn a target profit of $850,000 this year. The company's fixed costs…

A: Hi student Since there are multiple subparts, we will answer only first three subparts. Breakeven…

Q: Kelvin Co. produces and sells socks. Variable costs are budgeted at $4 per pair, and fixed costs for…

A: Variable costs are those costs that keeps on changing with change in the output level, which implies…

Q: Wells Corporation has the following sales mix for its three products: A, 20%; B, 35%; and C, 45%.…

A: Products Sales mix A 20% B 35% C 45%   Breakeven Units = Fixed CostsWeighted-average…

Q: A company has total fixed costs of $200,000. Its product sells for $25 per unit and variable costs…

A: a. Calculate the number of units is required to achieve the after-tax income level. Working note:…

Q: Dave’s has total fixed costs of $45,000. If the company’s contribution margin is 50%, the income tax…

A: Units need to sell to produce to desired profit = (Fixed costs + Desired profit) / Contribution…

Q: The firm uses the absorption costing approach to cost-plus pricing to set prices for its products.…

A: Solution : Given Sales unit 50000 Product cost per unit 75 General ,administrative…

Q: For XYZ Company , how many units of their product would have to be sold to yield a target operating…

A: Contribution margin per unit = sales - variable costs = 60 - 50 = $10 per unit

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: George Manufacturing incurs annual fixed costs of P130,000 in producing and selling a single…

A: In first question , we need to calculate sale price per unit having a series of formulas defined in…

Q: NUBD is planning to sell 100,000 units of Product Excellence for P12 per unit. The fixed costs ratio…

A: Total sales value=100000*12=1200000 Fixed cost=1200000*25%=300000

Q: Jamie Quinn, a sole proprietor, has the following projected figures for next year: Selling price…

A: Formula: Break even point in units = Fixed cost / ( Selling price per unit - variable cost per unit…

Q: TORT Company produced 40,000 units of product in 2020. Sales Revenue per unit was $20; variable cost…

A: The details are given of manufacturing company. Required  1. Contribution Margin Ratio  2. Operating…

Q: Jana's Company produces tie racks. The estimated fixed costs for the year are $288,000, and the…

A: Formula: Contribution margin ratio=Selling price per unit-Variable cost per unitSelling price per…

Q: Jack’s Jax has total fixed costs of $25,000. If the company’s contribution margin is 60%, the income…

A: Given that, total fixed costs of $25,000 company’s contribution margin is 60%  the income tax rate…

Q: Ritz Furniture has a contribution margin ratio of 0.17. If fixed costs are $166,600, how many…

A: Formula: Break even point in sales dollars = Fixed cost / Contribution margin ratio Division of…

Q: John's Company owns three production lines A, B, and C, and each production line achieves a…

A: Break Even Point Under Multiplicity of Product means the total quantity of units sold of each…

Q: The contribution margin ratio is 25% for Your Company and the break-even point in sales revenue is…

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

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

Q: Jack’s Jax has total fixed costs of $25,000. If the company’s contribution margin is 60%, the income…

A: Calculate contribution margin per box:

Q: The Ronowski Company has three product lines of belts—A, B, and C— with contribution margins of $3,…

A:

Q: Olivian Company wants to earn $360,000 in net (after-tax) income next year. Its product is priced at…

A: As the question has more than 3 sub-parts, the first 3 subparts are answered as per guidelines. If…

Q: Roosevelt Corporation has a weighted-average unit contribution margin of $30 for its two products,…

A: Total Break-even point = fixed costs / weighted-average unit contribution margin = $1,800,000/30 =…

Q: A company has fixed costs of $270,000, a contributmargin per unit of $14, and a contribution margin…

A: The Break-even point is the point where the company is able to cover all its costs but does not make…

Q: Victoria Company produces two products, X and Y, which account for 60 percent and 40 percent,…

A: The break even sales are calculated as fixed cost divided by contribution margin ratio. Break even…

Q: Last year, the contribution margin ratio of Lamesa company was 30%. this year, fixed costs are…

A: Contribution margin is the amount of revenue remaining after covering variable cost.

Q: The contribution margin ratio is 25% and contribution margin at break even point is $200,000. What…

A: Formula: Fixed costs = Break even point in sales x Contribution margin ratio Multiplying…

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: MinMin Corporation gathered the following information:                           Income tax rate…

A: Net income: It is the amount calculated by subtracting total expense from the total revenue of the…

Q: Concord Corporation has a weighted-average unit contribution margin of $30 for its two products,…

A: The break-even point sales in units has been calculated by dividing fixed cost with weighted average…

Q: What is the breakeven point in dollars if annual fixed costs are 114,000 and Cost to Overhead is…

A: The following calculations are done as per the given information.

Q: Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of…

A: I am answering the first three sub-parts of the question as per bartleby guidelines. Please…

Q: Jessa Company has a 40% contribution margin percentage and fixed costs of P50,000.  To earn a 15%…

A: Contribution margin ratio = Contribution margin / Sales where, Contribution margin = Sales -…

Q: sales are estimated at 125,000 units, and it is required to achieve income after tax of 75,000…

A: Total Estimated variable cost  = Total Estimated Sales - Total Estimated Fixed Cost  - Total…

Q: Watson Company has monthly fixed costs of $86,000 and a 40% contribution margin ratio. If the…

A: Sales to be made for target income = (Fixed Cost + Target Income) / Contribution Margin Ratio

Q: Rothe Company manufactures and sells a single product that it sells for $90 per unit and has a…

A: Net operating income is the amount of money earned from the operations of an entity. It is an amount…

Q: The following information is for Nichols Company: Selling price $120 per unit Variable costs $50 per…

A: The break even sales are the sales where business earns no profit no loss during the period.

Q: Krismuch Co. estimated that the company can sell 200,000 units of a product next period and earn a…

A: The price of the product per unit = P14.7 Refer step2 for explanation

Q: Harrison Co. expects to sell 200,000 units of its product next year, which would generate total…

A:

Q: Jack’s Jax has total fixed costs of $25,000. If the company’s contribution margin is 60%, the income…

A: Given,

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

A: The break even sales are the sales where business earns no profit no loss during the period.  The…

Q: The contribution margin ratio is 20% for Grain Company and the break-even point in sales is…

A: To arrive at a contribution margin (CM), an income statement with variable costs deducted from sales…

Q: Company XYZ currently produces and sells 40,000 units. At this level, the total contribution margin…

A: Under Marginal costing profit is  Sales revenue - Total variable cost - Total Fixed cost We know…

Q: At a sales volume level of 2,250 units, National Co.’s contribution margin is one and one-half of…

A: Break even point = Fixed costs /Contribution margin per unit  where, Contribution margin per unit =…

Q: Nothern Company manufactures and sells a single product that it sells for $90 per unit and has a…

A: 1.Answer to the above question is 2,600 units if $ 46,800 is monthly fixed cost.  2. If $ 46,800 is…

Q: a. Imelda Company budgets sales of $1,800,000, fixed costs of $394,000, and variable costs of…

A: Contribution margin ratio = (Total contribution/sales) ×100

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.