Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can someone help me please It is expected that 21,875 units will be sold at a price of $160 a unit. Maximum sales within the

can someone help me please
image text in transcribed
image text in transcribed
image text in transcribed
It is expected that 21,875 units will be sold at a price of $160 a unit. Maximum sales within the relevant range are 27.000 units Required: * ChockMy Work 1. Use the data to compute the total costs. Remember that some of the costs have a fixed and a variable cost component. 2. What is the expected contribution margin ratio? % 3. Determine the break-even sales in units and dollars. Units X units Dollars 4. Construct a cost-volume-profit chart on your own paper. What is the break-even-sales? 1. Use the data to compute the total costs. Remember that some of the costs have a fixed and a variable cost component 2. What is the expected contribution margin ratio? of 3. Determine the break-even sales in units and dollars. Jnits x units Dollars 4. Construct a cost-volume-profit chart on your own paper. What is the break-even sales? 5. What is the expected margin of safety in dollars and as a percentage of sales? Dollars 4 6. Determine the operating leverage. If required, round your answer to one decimal place, e.g. 15.4. Foedback Theck My Work 2. Sales minus variable cost equals contribution margin. Contribution margin divided by sales equals contribution margin ratio. 3. Fixed costs divided by unit contribution margin equals break-even sales in units. Break-even units times unit sale price equals break-even doliars

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

Modern Auditing

Authors: William C. Boynton, Walter G. Kell, Raymond N. Johnson, Dr William Boynton

7th Edition

047118909X, 978-0471189091

More Books

Students also viewed these Accounting questions