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Hermione Corporation forecasts that next year it can sell 25,000 units of its family-sized ready-to-eat meals for $1,100,000. The expected contribution margin ratio is 60%.
Hermione Corporation forecasts that next year it can sell 25,000 units of its family-sized ready-to-eat meals for $1,100,000. The expected contribution margin ratio is 60%. Fixed costs are estimated to be $481,000. Do not enter dollar signs or commas in the input boxes. a) What is the selling price per unit? Round your answer to 2 decimal places. Selling Price: $ 44 b) Calculate the contribution margin if 32,000 units are produced and sold. Round your answer to the nearest whole number. Contribution Margin: $ 844800 c) Calculate the contribution margin per unit. Round your answer decimal places. CM per unit: $ 26.4 d) If the company decides to sell its products in the open market, determine the amount of units required to break-even. Round up to the nearest whole unit. Break-Even Units: 27329.545 b) Calculate the contribution margin if 32,000 units are produced and sold. Round your answer to the nearest whole number. Contribution Margin: $ 844800 c) Calculate the contribution margin per unit. Round your answer to 2 decimal places. CM per unit: $ 26.4 d) If the company decides to sell its products in the open market, determine the amount of units required to break-even. Round up to the nearest whole unit. Break-Even Units: 27329.545 e) Determine the operating profit if 42,000 units are produced and sold. Round your answer to the nearest whole number. Operating Income: $ 258200 f) Determine the amount of revenue that needs to be generated to yield an operating profit of $96,000. Round your answer to the nearest whole number. Revenue: $
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