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Finch Company incurs annual fixed costs of $88,370. Variable costs for Finch's product are $23.10 per unit, and the sales price is $35.00 per unit.
Finch Company incurs annual fixed costs of $88,370. Variable costs for Finch's product are $23.10 per unit, and the sales price is $35.00 per unit. Finch desires to earn an annual profit of $58,000. Required Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Sales in dollars Sales volume in units Exercise 11-19A (Algo) Margin of safety LO 11-6 Information concerning a product produced by Ender Company appears here: Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs $ 171 $ 87 $554,400 Required Determine the following: a. Contribution margin per unit. b. Number of units that Ender must sell to break even. c. Sales level in units that Ender must reach to earn a profit of $168,000. d. Determine the margin of safety in units, sales dollars, and as a percentage. Complete this question by entering your answers in the tabs below. Reg A to C RegD a. Contribution margin per unit. b. Number of units that Ender must sell to break even. c. Sales level in units that Ender must reach to earn a profit of $168,000. per unit a. Contribution margin b. Break-even in units c. Sales in units Information concerning a product produced by Ender Company appears here: Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs $ 171 $ 87 $554,400 Required Determine the following: a. Contribution margin per unit b. Number of units that Ender must sell to break even. c. Sales level in units that Ender must reach to earn a profit of $168,000. d. Determine the margin of safety in units, sales dollars, and as a percentage. Complete this question by entering your answers in the tabs below. Reg A to C Reg D Determine the margin of safety in units, sales dollars, and as a percentage. (Round "Percentage" answer to 1 decimal place (i.e., 0.234 should be entered as 23.4).) Units Sales Percentage %6 Margin of safety
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