Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

helppp Question One (60 Points) Summer 2021 Green Company sells audio speakers for desktop computers. The company's annual fixed costs are $85,000. The unit sale

helppp image text in transcribed
image text in transcribed
image text in transcribed
Question One (60 Points) Summer 2021 Green Company sells audio speakers for desktop computers. The company's annual fixed costs are $85,000. The unit sale price averages $30, and its variable cost for each speaker is $10. A. How many speakers must the company sell to breakeven? (15 Points) Calculation Final answer B. What is the breakeven point sales value in Dollars? Calculation (15 Points) Final answer c To earn a target profit of $108,000, what is the sales value in dollars that the company is required to achieve? (15 Points) Calculation Final answer D. If fixed cost increased by 10%, compute the company's breakeven point in units. (15 Points) Calculation Final answer Assessment Document - 2020-2021 Page 2 of 3 of 3 Question Two (40 points) Avaya Co. makes and sells two types of ceiling fans, Basic and Deluxe. Data concerning these products are as follows: Basic Deluxe Units sold 80,000 20,000 Unit selling price $25 $40 Variable cost per unit Annual fixed expenses are $44,370. A. Compute the weighted average contribution margin /unit. (15 Points) Calculation Final answer 10 15 B. Compute the break-even point in units. Calculation (15 Points) Final answer C. How many fans of each type must be sold to earn a target profit of $32,130. (10 Points) Calculation Final answer Question Two (40 points Avaya Co. makes and sells two types of ceiling fans, Basic and Deluxe. Data concerning these products are as follows: Basic Deluxe Units sold 80,000 20,000 Unit selling price $25 $40 Variable cost per unit 15 Annual fixed expenses are $44,370. A. Compute the weighted average contribution margin /unit. (15 Points) Calculation Final answer 10 B. Compute the break-even point in units. Calculation (15 Points) Final answer C. How many fans of each type must be sold to earn a target profit of $32,130. (10 Points) Calculation Final

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Financial Accounting And Reporting Principles And Analysis

Authors: Peter Walton, Walter Aerts

1st Edition

1844802655, 9781844802654

More Books

Students also viewed these Accounting questions

Question

Describe "Flex Rating" method of state rate regulation

Answered: 1 week ago