The Sizemore Company recently sold 2,500 units for $100 each; reported total variable costs of $162,500 and a net income of $47,500. If the company's price per unit increased by $5 and its volume decreased by 250 units, what would be the company's net income?
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![The Sizemore Company recently sold 2,500 units for $100 each; reported total
variable costs of $162,500 and a net income of $47,500. If the company's price per
unit increased by $5 and its volume decreased by 250 units, what would be the
company's net income?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe85fda1c-4b29-4f21-a0f2-23411ff2ce9a%2F80ca42e2-1f65-4e44-b771-bb3c9be88eae%2Frrnix3_processed.jpeg&w=3840&q=75)
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- Faldo Company produces a single product. The projected income statement for the coming year, based on sales of 200,000 units, is as follows: Required: 1. Compute the unit contribution margin and the units that must be sold to break even. Suppose that 30,000 units are sold above the break-even point. What is the profit? 2. Compute the contribution margin ratio and the break-even point in dollars. Suppose that revenues are 200,000 greater than expected. What would the total profit be? 3. Compute the margin of safety in sales revenue. 4. Compute the operating leverage. Compute the new profit level if sales are 20 percent higher than expected. 5. How many units must be sold to earn a profit equal to 10 percent of sales? 6. Assume the income tax rate is 40 percent. How many units must be sold to earn an after-tax profit of 180,000?In March, James Electronics had sales of $2,550,000 (25,500 units), total variable expenses of $1,275,000, and total fixed expenses of $825,000. Required: 1. What is the company's CM ratio? CM ratio % A 2. Using the CM ratio, calculate the break-even level of sales in dollars. Break-even level of sales in dollor 3. What is the break-even level of sales in units? Break-even level of sales in units unitsMiko Firm is assessing its cost structure. It has P680,000 in fixed operating costs, P5.80 in variable costs per unit produced, and its goods sell for P9.00 per unit. What is the company's breakeven point, or the point at which profits equals costs in terms of unit sales volume? * Your answer
- Sphrantzes Company recently sold 175 units at a price of $650 per unit. During the same time the company reported total variable costs of $85,575 and net income of $13,975. If the company's price per unit were decreased by $35, its volume increased by 20 units and its fixed costs increased by $1,000, what would be the company's projected net income?If the company wants to earn a profit of $35,000 instead of breaking even, what is the amount of sales the company must achieve? Given information: Fixed Expenses Rent = $ 24,000 Salaries = $ 40,000 Depreciation = $ 13,000 Variable Expenses Cost of Goods Sold = 28% of sales Supplies = 17% of sales Sales Commissions = 10% of salesSpice Inc.'s unit selling price is $51, the unit variable costs are $38, fixed costs are $102,000, and current sales are 10,500 units. How much will operating income change if sales increase by 5,300 units?
- Assume NUBD produced and sold 5,000 units. At this level of activity, it produced a profit of P19,000. What was NUBD's sales price per unit?Techiefy Co. wants to launch a new product. It is observed that the fixed cost of the new product is $35,000 and the variable cost per unit is $500. The revenue function for the sale of D unit is 5000D-100 D2. What is the maximum profit of the company? dollars=?A company's fixed operating costs are $740,000, its variable costs are $2.25 per unit, and the product's sales price is $4.65. What is the company's break-even point; that is, at what unit sales volume will its income equal its costs? Round your answer to the nearest whole number. units
- Suppose ABC Corp’s break-even point is revenues of $1,100,000. Fixed costs are $660,000. Calculate the contribution margin percentage. Calculate the selling price if variable costs are $16 per unit. Suppose 75 000 units are sold, calculate the profit earned. Willo the company beprofitable if able to sell 30,000 units? Explain. What should the company do to increase its profit above break-even point.Sandhill Company is considering two alternatives. Alternative A will have sales of $157,300 and costs of $100,800. Alternative B will have sales of $181.500 and costs of $139,600. Compare alternative A with alternative B showing incremental revenues, costs, and net income. (If an amount reduces the net income then enter with a negative sign preceding the number, e.g.-15,000 or parenthesis, e.g. (15,000)) Revenues Costs Net income $ Alternative A is better than $ Alternative B Net Income Increase (Decrease)A manufacturer has a monthly fixed cost of $87,500 and a production cost of $15 for each unit produced. The product sells for $20/unit. (a) What is the cost function? CX) (b) What is the revenue function? R(x) - (c) What is the profit function? Px) - (d) Compute the profit (loss) corresponding to production levels of 15,000 and 20,000 units. (Input a negative value to indicate a loss) PL1S,000)- P(20,000) =
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