urrent Attempt in ProgressAt the break even pOint of 500 units, variable costs are$65000, and ixed costs are $3500O. How much is theselling price per unit?O $60.00O $130.00O $70.00O $200.00

Compute variable cost per unit at break-even point as shown below:

Answered: urrent Attempt in Progress At the break…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 5MC: A company sells its products for $80 per unit and has per-unit variable costs of $30. What is the...

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A company sells its products for $80 per unit and has per-unit variable costs of $30. What is the contribution margin per unit? A. $30 B. $50 C. $80 D. $110
If a company has fixed costs of $6.000 per month and their product that sells for $200 has a contribution margin ratio of 30%, how many units must they sell in order to break even? A. 100 B. 180 C. 200 D. 2,000
Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is 6. Total fixed cost is 10,000. Required: 1. Prepare a CVP graph with Units Sold as the horizontal axis and Dollars as the vertical axis. Label the break-even point on the horizontal axis. 2. Prepare CVP graphs for each of the following independent scenarios: (a) Fixed cost increases by 5,000, (b) Unit variable cost increases to 7, (c) Unit selling price increases to 12, and (d) Fixed cost increases by 5,000 and unit variable cost is 7.
A companys product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin per unit? A. $40 B. $60 C. $90 D. $150
Assume that the moving activity has an expected cost of 80,000. Expected direct labor hours are 20,000, and expected number of moves is 40,000. The best activity for moving is a. 4 per move. b. 1.33 per hour-move. c. 4 per hour. d. 2 per move. e. e None of these.
Assume your product is priced at $10.00. The variable cost per unit is currently S5.00, and fixed costs are $ 10.000. What is your breakeven point? C) a) 2.000 units () b) 3,000 units C c) 2.500 units d) 3,500 units
Sales = 5250 units with selling price of OMR 20 per unit, Break-even point = 4000 units, Fixed cost = OMR 24000. What is the amount of Total Variable cost? Select one: a. OMR 56000 b. OMR 73500 c. OMR 20000 d. OMR 30000
Sales = 5250 units with selling price of OMR 20 per unit, Break-even point = 4000 units, Fixed cost = OMR 24000. What is the amount of Total Variable cost? Select one: a. OMR 73500 b. OMR 20000 c. OMR 56000 d. OMR 30000 2) Total Variable cost is 560,000 OMR total units sold is 7000 units, total fixed cost is 160000 OMR,describe the production costs in the equation form Y = f + vX. Select one: a. Y = 160000 + 100X b. Y = 160000 + 70X c. Y = 160000 + 80X d. Y = 160000 + 40X
Sales are 4000 units, fixed cost is 10000, selling price /unit= 30 OMR, variable cost /unit= 25 OMR calculate Margin of Safety. a. 61000 OMR b. 60000 OMR c. 62000 OMR d. 63000 OMR Clear my choice
HH Aaron Company is planning to sell Product X for $80 per unit. Variable costs are $50 a unit and fixed costs are $ 150,000. What must total sales be in order to break even? 800,000 500,000 400,000 900,000
If the sales price is $150 per unit, the variable cost is $90 per unit, and total fixed costs is $24,000, the breakeven in sales dollars is: Question 5 options: $15,000. $24,000. $36,000. $60,000.
If the sales price is $60 per unit, the variable cost is $10 per unit, total fixed costs is $60,000, and 12,000 units are produced, the breakeven in units is: Question 7 options: 1,200. 1,000. 240. 200.

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urrent Attempt in Progress At the break even pOint of 500 units, variable costs are $65000, and ixed costs are $3500O. How much is the selling price per unit? O $60.00 O $130.00 O $70.00 O $200.00