Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cabrera enterprises, a company that produces and sells a single product has provided its contribution format income statement Sales (81,500 units) 2,852,500 Variable Expense 998,375

Cabrera enterprises, a company that produces and sells a single product has provided its contribution format income statement

Sales (81,500 units) 2,852,500

Variable Expense 998,375

Contribution Margain 1,854,125

Fixed Expenses 960,000

Net operating Income 894,125

11.) Calculate the total Sales required to reach break-even (round to the nearest whole dollar)

12.) Calculate the total Sales required to reach break-even (round to the nearest whole dollar)

13.) How many units need to be sold to reach a target profit of $180,000? (round to the nearest whole unit)

14.) Prepare a contribution margin income statement if the selling price increases by 10% and the fixed expenses increase by 15%. (Round to the nearest whole dollar)

15.)Prepare a contribution margain income statement if the selling price decreases by 10%, the variable cost per unit decreases by 5%, and the total fixed expense increase by 18,000 ( Round to the nearest whole dollar

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

Cloud Security Auditing

Authors: Suryadipta Majumdar, Taous Madi, Yushun Wang, Azadeh Tabiban, Momen Oqaily, Amir Alimohammadifar, Yosr Jarraya, Makan Pourzandi, Lingyu Wang, Mourad Debbabi

1st Edition

3030231305, 978-3030231309

More Books

Students also viewed these Accounting questions

Question

8. Demonstrate aspects of assessing group performance

Answered: 1 week ago