Question
Can you please solve these 2 questions by 11:59pm tonight it is due by then:( I do not understand these questions at all so please
Can you please solve these 2 questions by 11:59pm tonight it is due by then:( I do not understand these questions at all so please explain during the process, thank you!!
1) Mauro Products distributes a single product, a woven basket whose selling price is $21 per unit and whose variable expense is $17 per unit. The companys monthly fixed expense is $4,400.
Required:
1. Calculate the companys break-even point in unit sales.
2. Calculate the companys break-even point in dollar sales. (Do not round intermediate calculations.)
3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.)
2) Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next months budget appear below:
Selling price per unit | $ 29 |
---|---|
Variable expense per unit | $ 16 |
Fixed expense per month | $ 10,920 |
Unit sales per month | 990 |
Required:
1. What is the companys margin of safety? (Do not round intermediate calculations.)
2. What is the companys margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (i.e. .1234 should be entered as 12.34).)
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