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Can someone solve this pls? Schylar Pharmaceuticals, Inc., plans to sell 110,000 units of antibiotic at an average price of $24 each in the coming
Can someone solve this pls?
Schylar Pharmaceuticals, Inc., plans to sell 110,000 units of antibiotic at an average price of $24 each in the coming year. Total variable costs equal $1,003,200. Total fixed costs equal $7,800,000. Required: 1. What is the contribution margin per unit? Round your answer to the nearest cent. What is the contribution margin ratio? Round your answer to two decimal places. (Express as a decimal-based answer rather than a whole percent amount.) 2. Calculate the sales revenue needed to break even. Round your answer to the nearest dollar. 3. Calculate the sales revenue needed to achieve a target profit of $260,000. Round your answer to the nearest dollar. 4. What if the average price per unit increased to $25.50? Recalculate the following: a. Contribution margin per unit. Round your answer to the nearest cent. b. Contribution margin ratio. Enter your answer as a decimal value (not a percentage), rounded to four decimal places. What is the contribution margin ratio? Round your answer to two decimal places. (Express as a decimal-based answer rather than a whole percent amount.) 2. Calculate the sales revenue needed to break even. Round your answer to the nearest dollar. 3. Calculate the sales revenue needed to achieve a target profit of $260,000. Round your answer to the nearest dollar. 4. What if the average price per unit increased to $25.50? Recalculate the following: a. Contribution margin per unit. Round your answer to the nearest cent. b. Contribution margin ratio. Enter your answer as a decimal value (not a percentage), rounded to four decimal places. c. Sales revenue needed to break even. In your computations, use your rounded answer from part (4-b) above for the contribution margin ratio, and round your final answer to the nearest dollar. d. Sales revenue needed to achieve a target profit of $260,000. In your computations, use your rounded answer from part (4-b) above for the contribution margin ratio, and round your final answer to the nearest dollar. Gelbart Company manufactures gas grills. Fixed costs amount to $25,776,000 per year. Variable costs per gas grill are $480, and the average price per gas grill is $1,200. Required: 1. How many gas grills must Gelbart Company sell to break even? gas grills 2. If Gelbart Company sells 38,725 gas grills in a year, what is the operating income? 3. If Gelbart Company's variable costs increase to $504 per grill while the price and fixed costs remain unchanged, what is the new break-even point? If required, round your answer to the nearest whole number. gas grills
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