Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

-Based on the following, what is the variable cost per unit? Highest value of total costs $350,000 Lowest value of total costs $290,000 Highest Production

-Based on the following, what is the variable cost per unit?

Highest value of total costs $350,000
Lowest value of total costs $290,000
Highest Production volume in units 20,000
Lowest Production volume in units 13,000

For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).

2.

-Based on the information below, calculate
1. Contribution Margin per unit
2. Contribution Marging ratio (round to two digits)
You must show and label your work for credit.
Selling price per unit $100
Variable cost per unit $35
Fixed costs per month $12,000
For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).

3.

France Corp sells small laptops. Based on the information below, calculate the sales required in units to earn the target profit.

You must show your work to receive credit.
Selling price per unit $200
Variable cost per unit $120
Fixed Costs per year $30,000
Target Profit $22,000
For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).

QUESTION 4

Paris Summer 20 Company sells small laptops. Based on the information
below, calculate the Break even point in sales dollars for the year.
You must show your work to receive credit.
Selling price per unit $150
Variable cost per unit $60
Fixed Costs per year $21,000

QUESTION 5

  1. Summer 20 Corp sells cell phone cases. The cases are sold in a vending machine in the airport and the company pays a daily rent for the vending machine space. Based on the information below, calculate

    1. Contribution Margin per unit
    2. Break Even Point in units for one day
    You must show your work to receive credit.
    Selling price per phone case $60
    Variable cost per unit $25
    Daily rent $175

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

IT Security Risk Control Management An Audit Preparation Plan

Authors: Raymond Pompon

1st Edition

1484221397, 978-1484221396

More Books

Students also viewed these Accounting questions