Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bluegill Company sells 9,300 units at $200 per unit. Fixed costs are $93,000, and operating income is $465,000. Determine the following: a. Variable cost per

Bluegill Company sells 9,300 units at $200 per unit. Fixed costs are $93,000, and operating income is $465,000. Determine the following: a. Variable cost per unit b. Unit contribution margin c. Contribution margin ratio 140 60 per unit 70 % Gladstorm Enterprises sells a product for $49 per unit. The variable cost is $35 per unit, while fixed costs are $14,322. Determine the following: Round your answers to the nearest whole number. a. Break-even point in sales units 1,023 units b. Break-even point in sales units if the selling price increased to $66 per unit 462 units Douglas Company has a contribution margin ratio of 30%. If Douglas has $336,420 in fixed costs, what amount of sales will need to be generated in order for the company to break even? 1,121,400 Dean Company has sales of $208,000, and the break-even point in sales dollars is $176,800. Determine the company's margin of sa Round answer to the nearest whole number. 15 %

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

Financial Managerial Accounting

Authors: Belverd E. Needles

7th Edition

0618867465, 978-0618867462

More Books

Students also viewed these Accounting questions

Question

In what activities do you participate?

Answered: 1 week ago