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1) Sale-Co sells 10,000 units resulting in $100,000 of sales revenue, $40,000 of variable costs, and $45,000 of fixed costs. To achieve $170,000 in operating
1) Sale-Co sells 10,000 units resulting in $100,000 of sales revenue, $40,000 of variable costs, and $45,000 of fixed costs. To achieve $170,000 in operating income, compute the dollar amount of sales required. (Round intermediate calculations to two decimal places and the final answer to the nearest dollar.) 2) Generation X Fashions Inc. sells 600 units resulting in $7,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs. Calculate the variable cost per unit. (Round the final answer to the nearest cent.) 3) Tally Corp. sells software. During the current year, 12,000 software packages were sold resulting in $470,000 of sales revenue, $110,000 of variable costs, and $48,000 of fixed costs. Compute contribution margin per software package. 4) Pacific Company sells only one product for $15 per unit, variable production costs are $3 per unit, and selling and administrative costs are $1.50 per unit. Fixed costs for 11,000 units are $5,000. Compute operating income when 11,000 units are sold. 5) Generation X Fashions Inc. sells 400 units resulting in $8,000 of sales revenue, $4,000 of variable costs, and $1,500 of fixed costs. Compute contribution margin per unit. (Round the final answer to the nearest cent.)
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