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Good Afternoon, I am needing help with this assignment. Please advise. 1. Walton Corporation sells products for $28 each that have variable costs of $12
Good Afternoon,
I am needing help with this assignment. Please advise.
1.
Walton Corporation sells products for $28 each that have variable costs of $12 per unit. Walton's annual fixed cost is $356,800. Required Use the per-unit contribution margin approach to determine the break-even point in units and dollars. Break-even point in units Break-even point in dollarsJordan Company incurs annual fixed costs of $81420. Variable costs for Jordan's product are $22.40 per unit, and the sales price is $35.00 per unit, Jordan desires to earn an annual profit of $60000. Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit. Note: Do not round Intermediate calculations. Round your final answers to the nearest whole number. Sales in dollars Sales volume in units Zachary Corporation produced 201.000 watches that it sold for $19 each during year 2. The company determined that fixed manufacturing cost per unit was $8 per watch. The company reported a $1,206,000 gross margin on its year 2 financial statements. Required Determine the variable cost per unit, the total variable cost, and the total contribution margin, Variable cost per unit Total variable cost Total contribution margin Information concerning a product produced by Stuart Company appears as follows. Sales price per unit 5 166 Variable cost per unit $ 79 Total annual fixed manufacturing and operating costs 5 542,?68 Required Determine the following: a. Contribution margin per unit. b. Number of units that Stuart must sell to break even. c. Sales level in units that Stuart must reach to earn a profit of $113,400. a. Contribution margin per unit b. Break-even in units 0. Required sales in units Baird Company produces a product that sells for $52 per unit and has a variable cost of $29 per unit. Baird incurs annual fixed costs of $138,000. Required a. Determine the sales volume in units and dollars required to break even. Note: Do not round intermediate calculations. b. Calculate the breakeven point assumlng fixed costs increase to $197,800. Note: Do not round intermediate calculations. a. Sales volume in units a. Sales in dollars b. Break-even units b. Break-even sales Stone Corporation is a manufacturlng company that makes small electric motors it sells for $51 per unit. The variable costs of production are $36 per motor, and annual fixed costs of production are $240,000. Required a. How many units of product must Stone make and sell to break even? b. How many units of product must Stone make and sell to earn a $75,000 profit? c. The marketing manager believes that sales would increase dramatically if the price were reduced to $45 per unit. How many units of product must Stone make and sell to earn a $97,500 profit. if the sales price is set at $45 per unit? -a. Sales volume unils b. Sales volume units units c. Sales volumeStep by Step Solution
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