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E3-28 (similar to) Just for marating costs a $150.000 who the country w es com of goods e has a sing price of the company
E3-28 (similar to) Just for marating costs a $150.000 who the country w es com of goods e has a sing price of the company has an incom the whole 15 ww e of 20% The company has and mancingo of 730.000 and Requirements 1. How many m or e to break even? 2. How many ans must the company well in order to reach . a target operating income of $400.000 b ant income of $400,000 1. How manyjeans would just for kids have to l earn the raincome requirement i Consider each requirement independent) the contribution margin perunt increases by 12% the ling price is increased to $23.00 the company torces manufacturing to an overseas company increasing copernit by $100 and savings of Print Done E3-28 (similar to) Just for Kids Jeans Co. sells blue jeans wholesale to major retailers across the country. Each pair of jeans has a se marketing costs of $150,000. Sales commissions are paid to the wholesale sales reps at 5% of revenues. The com Read the requirements. Requirement 1. How many jeans must Just for Kids sell in order to break even? Select the formula labels, enter the amounts and calculate the breakeven number of pair of jeans. DES Contribution margin per unit Breakeven number of units Fixed costs 880000 Question Help "jeans has a selling price of $20 with $15 in variable costs of goods sold. The company has fixed manufacturing costs of $730,000 and fixed mues. The company has an income tax rate of 20%. 0 Requirements 1. How many jeans must Just for Kids sell in order to break even? 2. How many jeans must the company sell in order to reach: a. a target operating income of $400,000? b. a net income of $400,000? 3. How many jeans would Just for Kids have to sell to earn the net income in requirement 2b if (Consider each requirement independently) a. the contribution margin per unit increases by 12%. b. the selling price is increased to $23.00. c. the company outsources manufacturing to an overseas company increasing variable costs per unit by $1.00 and saving 50% of fixed manufacturing costs. Print Done
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