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I have calcukated this multuple times, can anyone tell me what formula is used? Thanks. Kimmel, Accounting. Ze Help 1 System Announcements Expand Your Critical

I have calcukated this multuple times, can anyone tell me what formula is used? Thanks. image text in transcribed
image text in transcribed
image text in transcribed
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Kimmel, Accounting. Ze Help 1 System Announcements Expand Your Critical Thinking 18-02 The condensed Income statement for the Blossom and Paul partnership for 2020 is as follows. Blossom and Paul Company Income Statement For the Year Ended December 31, 2020 Sales (240,000 units) $1,200,000 Cost of goods sold 800,000 Gross profit 400,000 Operating expenses Selling $280,000 Administrative 156,000 436.000 Net loss (36,000) A cost behavior analysis indicates that 75% of the cost of goods sold are variable, 42% of the selling expenses are variable, and 40% of the administrative expenses are variable decimal places 2.520) Your answer is correct. Compute the break-even point in total sales dollars for 2020. (Round intermediate calculations to 2 decimal places,.. 15.25 and final answers to Break-even point in dollars J 1302857.14 Your answer is incorrect. Try again Blossom has proposed a plan to get the partnership out of the red and improve its prof materials. The selling price per unit could be increased to 5.25 because of com e break even point in der. (Round intermediate calculations to deal places . She that the quality of the product could be w pressure on the v e r se by 152515 and to p 2500 o rd by di Competence e Amount Net Income 54000 Break-even point 1408235.29 TO TEXT Your answer is correct Paul was a marketing major in college. He believes that sales volume can be increased only by intensive advertising and promotio n s. He wore proposed the foo t increase variable sing expenses to 50.59 per unit, (2) lower the selling price per unit by $0.23, and increased expensesby40.000 Ralucted marketing research reporte d that se would increase by 60% if these changes were made. Compute the net income under Paul's proposal and the break even point in doban. ( d e t ec tion to de p 1 52515 answers to decimal places,..2.520) Net Income CALCU Expand Your Critical Thinking 18-02 The condensed income statement for the Blossom and Paul partnership for 2020 is as follows. Blossom and Paul Company Income Statement For the Year Ended December 31, 2020 Sales (240,000 units) $1,200,000 Cost of goods sold 800,000 Gross profit 400,000 Operating expenses Selling $280,000 Administrative 156,000 436,000 Net loss $(36,000) A cost behavior analysis indicates that 75% of the cost of goods sold are variable, 42% of the selling expenses are variable, and 40% of the admi Your answer is correct. Compute the break-even point in total sales dollars for 2020. (Round intermediate calculations to 2 decimal places, .0. 15.25 and finalan 2,520.) Break-even point in dollars 1302857.14 LINK TO TEXT CALCULATOR PRINTER VERSION BACK Ex Your answer is incorrect. Try again. Blossom has proposed a plan to get the partnership out of the red and improve its profitability. She feels that the quality of the product could be substantially improved by spend $0.30 more per unit on better raw materials. The selling price per unit could be increased to only $5.25 because of competitive pressures. Blossom estimates that sales volume increase by 25%. Compute the net Income under Blossom's proposal and the break-even point in dollars. (Round Intermediate calculations to decimal places, .. 15.2515 and final answers to o decimal places, e.g. 2,520.) Amount Net Income T 54000 Break-even point 1408235.29 LINK TO TEXT Your answer is correct. Paul was a marketing major in college. He believes that sales volume can be increased only by intensive advertising and promotional comp e tere proposed the plan as an alternative to Blossom's: (1) Increase variable selling expenses to $9.59 per unit, (2) lower the selling price per unit by 02, and increase feed selling expenses $40,000. Paul quoted an old marketing research report that said that sales volume would increase by these changes were de compute the net income under Paul's priposal and the break-even point in dollars. (Round intermediate calculations to decimal places... 15.2515 and la s t decades 25 Amount 1 49280 Net income 1666106.62 Break-even point

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