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1- For Your Sole sells specialized running insoles. They sell their insoles for $75 each. The company has determined the variable costs to be $30
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For Your Sole sells specialized running insoles. They sell their insoles for $75 each. The company has determined the variable costs to be $30 per unit produced and $22,500 in monthly fixed expenses. In order to reach their target profit of $45,000, what dollar sales will the company need? Type the respons with no commas. Answer:For YourSole sells specialized running insoles. They sell their insoles for $75 each. The company has determined the variable costs to be $30 per unit produced and $22,500 in monthly fixed expenses. During the month of July, the company had $150,000 in sales volume. Respond to the following. Calculate the Sales Type your response with no commas D Calculate the Variable Costs Type your response with no commas D Calculate the Contribution Margin Type the answer with no comma D Determine the Fixed Costs Type the answer with no comma D Calculate the Net Income Type the answer with no comma D The following companies each sell a unique, individual product. While they are sister companies, they are independent of each other. Fill in the blanks for the missing information. Type your response with no commas Alpha Charlie Beta Company Delta Company Company Company Units Sold l600 |:| 900 Sales in Dollars $ 30,000 S 70000 S 240,000 |:| Total Variable Expenses $ 1200 : : S 144,000 PerUnitC/'M 3 $ 80 $ 270 $ 140 Total Fixed Expenses $ 20,000 S 50000 S 145,000 Not Operating Income (Loss) $6,000 [$10,000] [$24,000] H20 water softener company has the opportunity to purchase a new water distillery that will help them reduce their variable costs by $2 per unit. The purchase of the distillery will increase fixed costs by 15%. The following contribution margin income statement was prepared by H20 for the month of September. H20 had the following income statement for the year ended 2022: H2C Contribution Margin Income Statement For the Year Ended December 31, 2022 Sales ($75 per unit @1500 units) $ 112,500 Varishla roche /015 nor unit (1 500 unitel Net Income $ 50,000 Assuming H20 will purchase the equipment and their sales volume will remain unchanged, prepare a projected contribution margin income statement. Type your responses with no commas Sales Type in your response with no commas Variable Costs Type in your response with no commas Contribution Margin Type in your response with no commas Fixed Costs Type in your response with no commas Net incme (Lo Type in your response with no commasStep by Step Solution
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