Break$-$Even Point and Target Profit Measured in Units $($Single Product$).$ Manning Company has monthly fixed costs totaling $$300,000$ and variable costs of $$40$ per unit. Each unit of product is sold for $$50.$ Break$-$Even Point and Target Profit Measured in Units $($Single Product$).$ Manning Company

has monthly fixed costs totaling $$300,000$ and variable costs of $$40$ per unit. Each unit of product

is sold for $$50.$

Required:

a$.$ Calculate the contribution margin per unit.

b$.$ Find the break$-$even point in units.

c$.$ How many units must be sold to earn a monthly profit of $$80,000?$

Break$-$Even Point and Target Profit Measured in Sales Dollars $($Single Product$).$ Manning

Company has monthly fixed costs totaling $$300,000$ and variable costs of $$40$ per unit. Each unit

of product is sold for $$50($these data are the same as the previous exercise$).$

Required:

a$.$ Calculate the contribution margin ratio.

b$.$ Find the break$-$even point in sales dollars.

c$.$ What amount of sales dollars is required to earn a monthly profit of $$120,000?$

Margin of Safety $($Single Product$).$ Manning Company has monthly fixed costs totaling

$$300,000$ and variable costs of $$40$ per unit. Each unit of product is sold for $$50($these data are

the same as the previous exercise$).$ Assume the company expects to sell $40,000$ units of product

this coming month.

Required:

a$.$ Find the margin of safety in units.

b$.$ Find the margin of safety in sales dollars.

Required:

Calculate the contribution margin per unit.

Find the break$-$even point in units.

How many units must be sold to earn a monthly profit of $$80,000?$

Break$-$Even Point and Target Profit Measured in Sales Dollars $($Single Product$).$ Manning Company has monthly fixed costs totaling $$300,000$ and variable costs of $$40$ per unit. Each unit of product is sold for $$50($these data are the same as the previous exercise$).$

Required:

Calculate the contribution margin ratio.

Find the break$-$even point in sales dollars.

What amount of sales dollars is required to earn a monthly profit of $$120,000?$

Margin of Safety $($Single Product$).$ Manning Company has monthly fixed costs totaling $$300,000$ and variable costs of $$40$ per unit. Each unit of product is sold for $$50($these data are the same as the previous exercise$).$ Assume the company expects to sell $40,000$ units of product this coming month.

Required:

Find the margin of safety in units.

Find the margin of safety in sales dollars.