Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answers and quick explanations to these please as i know its a fair bit! A change in which item would not affect the break-even point?

Answers and quick explanations to these please as i know its a fair bit! A change in which item would not affect the break-even point? A)The sales price per unit. B)The number of units sold. C)Variable cost per unit. D)Total fixed costs. A break-even point can be determined in all the following ways, except: A)deriving it from a CVP graph. B)calculating it using a mathematical equation. C)using regression analysis. D)calculating it using the contribution margin. Currently, the selling price per unit of product X is $270. The variable cost per unit is $220 and the total fixed costs are $504,000. If the company required a net profit of $29,000, how many units would need to be sold? Calculate the following: (Round answers to 0 decimal places, e.g. 5,275.) The contribution margin per unit $________ The number of units to be sold to break even ________ The total sales achieved at break-even $_______ The break-even in units required to make $29,000 net profit _________ Using the above information, a proposal is being evaluated to increase the unit selling price to $290. Calculate the following: (Round answers to 0 decimal places, e.g. 5,275.) The number of units to be sold to break even based on the new selling price ________ The total sales achieved at the new selling price to break even $________ Thank you, much appreciated!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essential Knowledge For A First Year Audit Staff Intern In Big 4 Accounting

Authors: Kevin Hsu

1st Edition

1481097040, 978-1481097048

More Books

Students also viewed these Accounting questions

Question

Use a three-step process to develop effective business messages.

Answered: 1 week ago