Answered step by step
Verified Expert Solution
Question
1 Approved Answer
HELP FAST PLEASE Break-Even Sales and Sales to Realize Income from Operations For the current year ended October 31, Friedman Company expects foxed costs of
HELP FAST PLEASE
Break-Even Sales and Sales to Realize Income from Operations For the current year ended October 31, Friedman Company expects foxed costs of $456,300, a unit variable cost of $55, and a unit selling price of $82. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize income from operations of $105,300. units Contribution Margin Willie Company sells 22,000 units at $36 per unit. Variable costs are $27.36 per unit, and fixed costs are $91,200. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) per unit c. Income from operations Spice Inc.'s unit selling price is $49, the unit variable costs are $40, fixed costs are $110,000, and current sales are 10,000 units. How much will operating income change if sales increase by 5,600 units? a. $140,400 increase b. $90,000 decrease c. $50,400 increase d. $90,000 increase Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started