{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-05T11:23:00-04:00", "answer_date": "2024-06-05 11:23:00", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2288036", "url": "\/study-help\/questions\/2-unique-designs-ltd-produces-a-single-product-the-projected-2288036", "question_creation_date_js": "2024-06-05T11:23:00-04:00", "question_creation_date": "Jun 05, 2024 11:23 AM", "meta_title": "[Solved] 2 Unique Designs Ltd produces a single pr | SolutionInn", "meta_description": "Answer of - 2 Unique Designs Ltd produces a single product. The projected income statement for the coming year is as follows: Sale | SolutionInn", "meta_keywords": "2,unique,designs,ltd,produces,single,product,projected,income,statement,coming,year", "question_title_h1": "2 Unique Designs Ltd produces a single product. The projected income statement for the coming year is as follows: Sales (25,000 units @ $25) Total", "question_title": "2 Unique Designs Ltd produces a single product. The projected income statement", "question_title_for_js_snippet": "2 Unique Designs Ltd produces a single product The projected income statement for the coming year is as follows Sales (25,000 units $25) Total Variable Costs Contribution Margin Total Fixed Costs Profit Required $625,000 $(350,000) $275,000 $(125,000) $ 150,000 a Compute the break even point in units and sales dollars 4 marks b Compute the new operating profit if sales are 20 per cent higher than expected (Note round to the nearest dollar) 4 marks c If the variable cost became $18 per unit, what would the new break even amount be in units (Note round to the nearest unit and dollar) 4 marks d Explain what is meant by a margin of safety and what would this margin be if Unique Design Ltd sold 28,000 units per year (Note use", "question_description": "\"image 2 Unique Designs Ltd produces a single product. The projected income statement for the coming year is as follows: Sales (25,000 units @ $25) Total Variable Costs Contribution Margin Total Fixed Costs Profit Required: $625,000 $(350,000) $275,000 $(125,000) $ 150,000 a. Compute the break-even point in units and sales dollars. [4 marks] b. Compute the new operating profit if sales are 20 per cent higher than expected. (Note: round to the nearest dollar). [4 marks] c. If the variable cost became $18 per unit, what would the new break- even amount be in units? (Note: round to the nearest unit and dollar) [4 marks] d. Explain what is meant by a margin of safety and what would this margin be if Unique Design Ltd sold 28,000 units per year? (Note: use", "transcribed_text": "", "related_book": { "title": "Intermediate accounting", "isbn": "978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094", "edition": "7th edition", "authors": "J. David Spiceland, James Sepe, Mark Nelson", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/270.jpg", "uri": "\/textbooks\/intermediate-accounting-7th-edition-270", "see_more_uri": "" }, "free_related_book": { "isbn": "0985411317", "uri": "\/textbooks\/game-plan-selling-the-definitive-rulebook-for-closing-the-sale-in-the-age-of-the-well-informed-prospect-1st-edition-978-0985411312-268687", "name": "Game Plan Selling The Definitive Rulebook For Closing The Sale In The Age Of The Well Informed Prospect", "edition": "1st Edition" }, "question_posted": "2024-06-05 11:23:00", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/for-a-population-n-205000-66-and", "description": "For a population, N = 205,000, = 66, and = 7. 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