Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Additional info Big Al is about to begin work on the budget for 202 and they have requested that you prepare an analysis based on
Additional info
Big Al is about to begin work on the budget for 202 and they have requested that you prepare an analysis based on the following assumptions. Note: Remember, that we cannot sell part of a lamp, therefore to find the number of units you have to round. up to the next complete unit. Furthuremore, to find the required sales in dollars t may be easier to find the number of units and then multiply by the seling price per unit. For 202 the seling price per lamp will be $45.00. What is the projected contribution margin and contribution margin ratio for each lamo sold? Contribution Margin Ratio (Round to four places, \% is two of those places A% ) For 202 the selling price per lamp will be $45.00. The desired net income in 202 is $192,500. What would sales in unts have to be in 202 to reach the nrafit nnain For 202 the selling price per lamp will be $45,00. If the foxed cost increase by 550,00000 how many lamps must be sold to breakeven? Breakeven sales in unts iSince ve cannot sell part of a urat iound wo to the resurint if hededed For 202 the selling price per lamp will be $45.00. If the variable cost increase by $5.00 a unit how many lamps must be sold to breakeven? Breakeven sales in units (Since we cannot sell part of a unit round up to the next unt if needed) 5. For 202 the selling price per lamp will be $45.00. If the variable cost decreased by $5.00 a unit how many lamps must be sold to breakeven? 6. If for 20x2 the selling price per lamp is increased to $50.00 a unit how many lamps must be sold in hraokasian? {6.02} PART 1 Fixed and Variable Cost Determinations Unit Cost Calculations The projected cost of a lamp is calculated based upon the projected increases or decreases to current costs. The present costs to manufacture one lamp are: Big Al is about to begin work on the budget for 202 and they have requested that you prepare an analysis based on the following assumptions. Note: Remember, that we cannot sell part of a lamp, therefore to find the number of units you have to round. up to the next complete unit. Furthuremore, to find the required sales in dollars t may be easier to find the number of units and then multiply by the seling price per unit. For 202 the seling price per lamp will be $45.00. What is the projected contribution margin and contribution margin ratio for each lamo sold? Contribution Margin Ratio (Round to four places, \% is two of those places A% ) For 202 the selling price per lamp will be $45.00. The desired net income in 202 is $192,500. What would sales in unts have to be in 202 to reach the nrafit nnain For 202 the selling price per lamp will be $45,00. If the foxed cost increase by 550,00000 how many lamps must be sold to breakeven? Breakeven sales in unts iSince ve cannot sell part of a urat iound wo to the resurint if hededed For 202 the selling price per lamp will be $45.00. If the variable cost increase by $5.00 a unit how many lamps must be sold to breakeven? Breakeven sales in units (Since we cannot sell part of a unit round up to the next unt if needed) 5. For 202 the selling price per lamp will be $45.00. If the variable cost decreased by $5.00 a unit how many lamps must be sold to breakeven? 6. If for 20x2 the selling price per lamp is increased to $50.00 a unit how many lamps must be sold in hraokasian? {6.02} PART 1 Fixed and Variable Cost Determinations Unit Cost Calculations The projected cost of a lamp is calculated based upon the projected increases or decreases to current costs. The present costs to manufacture one lamp are Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started