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i need help with calculating the following , i keep coming up with the wrong entries , thank tou kindly. Exercise 5-14 Break-Even and Target
i need help with calculating the following , i keep coming up with the wrong entries , thank tou kindly. Exercise 5-14 Break-Even and Target Profit Analysis (LO5-3, L05-4, LO5-5, LO5-6) Lindon Company is the exclusive distributor for an automotive product that sells for $50.00 per unit and has a CM ratio of 30% The company's fixed expenses are $345,000 per year. The company plans to sell 27.200 units this year. Required: 1. What are the variable expenses per unit? (Round your "per unit" answer to 2 decimal places.) 2. What is the break-even point in unit sales and in dollar sales? 3. What amount of unit sales and dollar sales is required to attain a target profit of $195,000 per year? 4. Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $5.00 per unit. What is the company's new break-even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $195.000 1 Variable expenso per unit 2 Break even point in units Henk ve point in tollest sales a Unit als nooded to attain got profit Doar valors nooded to target pot 4 Now break even point in una Newtonoven poin dollar sal Dosales neded to attain target profit
i need help with calculating the following , i keep coming up with the wrong entries , thank tou kindly.
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