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Baird Company produces a product that sells for $61 per unit and has a variable cost of $27 per unit. Baird incurs annual fixed
Baird Company produces a product that sells for $61 per unit and has a variable cost of $27 per unit. Baird incurs annual fixed costs of $217,600. Required a. Determine the sales volume in units and dollars required to break even. Note: Do not round intermediate calculations. b. Calculate the break-even point assuming fixed costs increase to $275,400. Note: Do not round intermediate calculations. a. Sales volume in units a. Sales in dollars b. Break-even units b. Break-even sales 7 2 ts Book 101 Hint Print Check my work The marketing manager of Solomon Corporation has determined that a market exists for a telephone with a sales price of $19 per unit. The production manager estimates the annual fixed costs of producing between 40,900 and 82,000 telephones would be $192,700. Required Assume that Solomon desires to earn a $130,000 profit from the phone sales. How much can Solomon afford to spend on variable cost per unit if production and sales equal 46,100 phones? Variable cost per unit 9 22 nts eBook Hint Perez Company makes a product that sells for $31 per unit. The company pays $24 per unit for the variable costs of the product and incurs annual fixed costs of $63,700. Perez expects to sell 21,500 units of product. Required Determine Perez's margin of safety expressed as a percentage. Note: Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45) Margin of safety Check my work %
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a To determine the sales volume in units and dollars required to break even you can use the following formulas Sales volume in units Fixed Costs Selli...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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