Solomon company has total fixed cost of $15,000, variable cost per unit of $6, and a price of $8. If Solomon wants to earn a target profit of $3,600, how many units must be sold? 2,500 7,500 9,300 18,600 18,750

Q: XYZ company has sales of $260,000, a contribution margin ratio of 60%, and a target profit of…

A: Option e. $6.93 is correct  Given  Sales  = 260000 Contribution Ratio = 60% Profit =30000 Total Sale…

Q: Mazoon Company's variable costs are 60% of the selling price and its fixed costs are $80,000. To…

A: Contribution=fixed cost+Profit=$80,000+$20,000=$100,000

Q: Reliable Manufacturing wants to sell a sufficient quantity of products to earn a profit of $80,000.…

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

Q: Micol & Co. Ltd sells a single product, baby hamper, with a selling price of $150 and variable costs…

A: Margin of safety means the difference between the budget sales and breakeven sales. It means the…

Q: If a company's selling prices are $5, variable costs are $3 and fixed costs are $100,000, The number…

A: Break even point is the point of zero profits. Or we can say that it is the point where the…

Q: An organization's break-even point is 4,000 units at a sales price of P50 per unit, variable cost of…

A: Increase in Profit = Additional units sold * (Sales price per unit -variable price per unit)

Q: Maggie Corp. has a selling price of $25 per unit, variable costs of $11 per unit, and fixed costs of…

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

Q: Mazoon Company has fixed costs of $12,000 and a breakeven point of 600 units . If the company plans…

A: break even point = fixed cost / contribution per unit

Q: Company XYZ is currently producing and selling 20,000 units. The selling price per unit is $8 while…

A: Current sales = 20000 units Selling Price per unit = $8 Variable Cost Ratio = 20%  Fixed Costs…

Q: A product sells for $295 per unit, and its variable costs per unit are $217. Total fixed costs are…

A: CVP analysis is considered a decision-making tool that helps management to make strategies and take…

Q: Kareem Co. produces a single product that is sold for $85 per unit. If the variable costs per unit…

A: CVP analysis is considered a decision-making tool that helps management to make strategies and take…

Q: Mazoon Company has fixed costs of $12,000 and a breakeven point of 600 units. If the company plans…

A: Breakeven point in units = Fixed costs/ Contribution margin per unit Oeprating income = Contribution…

Q: Recline Company is planning to produce and sell 11,250 units of its only product at a unit price of…

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

Q: Micol & Co. Ltd sells a single product, baby hamper, with a selling price of $150 and variable costs…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Orchid Corp. has a selling price of $15, variable costs of $10 per unit, and fixed costs of $25,000.…

A: Contribution margin is difference of Sales and variable costs Contribution Margin = Sales Revenue…

Q: Kappa Inc. produces a product that has a variable cost of $8/unit. The company's fixed costs are…

A: Solution: Contribution margin per unit = sales price - variable cost = 12 - 8 = $4 per unit Break…

Q: Waple Corp. has a selling price of $30, varlable costs of $20 per unit, and fixed costs of $20,000.…

A: Solution: Unit contribution margin = Selling price per unit - Variable cost per unit

Q: Barometers sell for $300 each. Variable costs are $200 per unit, fixed production costs are $2,000,…

A: Profit is the excess of revenue over cost. Profit can be found out by deducting cost price from…

Q: Reynold's Company has a product with fixed costs of $261,000, a unit selling price of $23, and unit…

A: Break even sales (units) = Fixed costs/Contribution margin per unit Contribution margin per unit =…

Q: Gladstorm Enterprises sells a product for $60 per unit. The variable cost is $20 per unit, while…

A: Break even point is that point of revenue at which company is recovering it's fixed costs and…

Q: O'Shaughnessy Inc. sells a product for $90 per unit. The variable cost is $65 per unit, while fixed…

A:

Q: A company has monthly fixed costs of $36,000. The variable costs are $2.50 per unit. If the sales…

A: Since there are multiple questions, we will solve only first for you. To get the remaining question…

Q: Mazoon Company's variable costs are 65% of the selling price and its fixed costs are $80,000. To…

A: As the questions asked have more than 1 question, the first question is answered. If you want the…

Q: Skyline Corp. has a selling price of $30 per unit, variable costs of $22 per unit, and fixed costs…

A: Solution: Breakeven sales units = Fixed costs / CM per unit = $46,400 / ($30 - $22) = 5800 units

Q: what is the break-even point in sales units if fixed costs are increased by $31,100? a.20,698 units…

A: Break Even Point in Units = Fixed Costs / Contribution Per Unit Current Fixed Cost = $1435000 New…

Q: A manufacturer predicts fixed costs of $502,000 for the next year. Its one product sells for $180…

A: “Hey, since there are multiple sub-parts posted, we will answer first three sub-parts. If you want…

Q: Company XYZ is currently producing and selling 20,000 units. The selling price per unit is $10 while…

A: Step 1                       Calculation of Actual sales in dollar…

Q: Campbell Company has fixed costs of $200,000, sales price of $50, and variable cost of $30 per unit.…

A: To earn a target profit of $50,000, Campbell must earn a contribution margin of $250,000…

Q: Mazoon Company's variable costs are 75% of the selling price and its fixed costs are $80,000. To…

A: As per CVP equation, Contribution margin ratio = 1 - variable cost ratio Fixed costs + Profits =…

Q: A company needs to sell 10,000 units of its only product in order to break even. Fixed costs are…

A: Margin of Safety: The break-even point reflects the level of sales volume where no profit or loss is…

Q: Tequila Mockingbird, Inc. has total costs of $70,000 when it sells 10,000 units.  If total fixed…

A: Cost: Cost in accounting can be explained as the amount that is borne by a company or an…

Q: Bozo Company has total costs of $90,000 when it sells 20,000 units. If total fixed costs are…

A: The total cost of product= $ 90000 Total fixed cost= $ 30000 Total variable cost= Total cost- total…

Q: If the unit sales price is $22 and variable costs are $14, how many units have to be söld to earn a…

A: The number of units to be sold is the target volume to achieve a target profit. Target profit =…

Q: ABC company sells shoses for $450. The variable cost is $200 per unit. The fixed costs are $750000.…

A: Please find the answers to the above questions below:

Q: A company needs to sell 10,000 units of its only product in order to break even. Fixed costs are…

A: The correct answer is Option (2).

Q: 500 units in sales are required to earn a target profit of $45,000 if fixed costs are $1200,…

A: The Break-even point is the level of sales at which the operating income of the company is zero At…

Q: Trailblazer Company sells a product for $270 per unit. The variable cost is $150 per unit, and fixed…

A: Target Profit: It refers to the desired amount of profit that a company expects to achieve by the…

Q: If the objective of the firm is to get 25% profit, how many units does the firm need to sell if the…

A: Unit Contribution margin = Unit selling price x Contribution margin ratio

Q: A company currently sells 400 units at a sales price of $300. Its contribution margin is 40%, and…

A: The calculation of Margin of safety is shown hereunder : Actual sales = $ 120,000 ( 400 units × $…

Q: Mazoon Company's variable costs are 70% of the selling price and its fixed costs are $80,000. To…

A: CVP analysis: This analysis helps to evaluate how the changes made in cost and volume do affect the…

Q: What will operating income be if units sold double to 100,000 units?

A: Contribution Margin ratio:   It is a ratio that measures the contribution margin generated by the…

Q: Golden Corporation contemplates to market a new product. Estimated fixed costs is P1,000,000. The…

A: The contribution margin is calculated y deducting the variable cost from the net sales of the…

Q: Rhine Inc. make a single product with a selling price of £35 per unit. Fixed costs are £40,000 and…

A: Units that must be sold to achieve target profit means units at which business is recovering its…

Q: Mazoon Company's variable costs are 80% of the selling price and its fixed costs are $80,000. To…

A: Cost Volume Profit analysis is used to calculate the break even point of sales. This formula is also…

Q: Determine the margin of safety in dollars.  e. If the company wants to have net income of $70,000,…

A: The margin of safety: The margin of safety of a company measures how much more it produces than it’s…