Question
8) Hounshell Corporation produces and sells a single product. Data concerning that product appear below: Selling price per unit $ 136.00 Variable expense per unit
8) Hounshell Corporation produces and sells a single product. Data concerning that product appear below: Assume the company%u2019s monthly target profit is $20,980. Determine the unit sales to attain that target profit. Assume the company%u2019s monthly target profit is $7,760. Determine the dollar sales to attain that target profit. (Round your answer to the nearest dollar amount. Omit the "$" sign in your response.)
Selling price per unit $ 136.00 Variable expense per unit $ 50.30 Fixed expense per month $ 338,960
Required: a. Unit sales to attain target profit units b. Dollar sales to attain target profit $
9) Yerkes Corporation makes a product that sells for $123 per unit. The product%u2019s current sales are 36,700 units and its break-even sales are 26,466 units. |
Required: |
Compute the margin of safety in both dollars and as a percentage of sales. (Omit the "$" and "%" signs in your response.) |
Margin of safety (in dollars) | $ |
Margin of safety percentage | % |
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