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hello dear expert I hope you will be fine. dear expert this is 3 question I giving to you please solve this 3 question step
hello dear expert I hope you will be fine. dear expert this is 3 question I giving to you please solve this 3 question step by step. dear expert I know the chagg policy allow only 1 question but due to chorona virus my bank is closed due to lock down of my country. dear expert I know you time have worth. please I humble request to you. solve these question In step by step for my learning and my understanding plz note must write formulas as well. thank you much...
Cost-Volume-Profit QUESTION 1 Bridal Shoppe sells wedding dresses. The cost of each dress is comprised of the following: Selling price of $1,000 and variable (flexible) costs of $400. Total fixed (capacity-related) costs for Bridal Shoppe are $90,000 A. What is the contribution margin per dress? B. What is the Bridal Shoppe's total profit when 200 dresses are sold? C. How many dresses must Bridal Shoppe sell to reach the breakeven point? D. How many dresses must Bridal Shoppe sell to yield a profit of $60,000? QUESTION 2 Northenscold Company sells several products. Information of average revenue and costs are as follows: $20.00 Selling price per unit Variable costs per unit: Direct materials Direct manufacturing labor Manufacturing overhead Selling costs Annual fixed costs $4.00 $160 $0.40 $2.00 $96,000 1. Calculate the contribution margin per unit 2. Calculate the number of units Northenscold's must sell each year to break even 3. Calculate the number of units Northenscold's must sell to yield a profit of $144,000 QUESTION 3 Berhannan's Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10% Fixed manufacturing costs total $1,250 per month, while Fixed selling and administrative costs total $2,500. A. What is the contribution margin per phone? B. What is the breakeven point in phones? c. How many phones must be sold to earn a targeted profit of $7,500Step by Step Solution
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