Answered step by step
Verified Expert Solution
Question
1 Approved Answer
INPUT: Product A Product B Selling price per unit $ 83.00 $ 46.00 Variable cost of goods sold per unit $ 53.00 $ 20.00 Variable
INPUT: | ||
Product A | Product B | |
Selling price per unit | $ 83.00 | $ 46.00 |
Variable cost of goods sold per unit | $ 53.00 | $ 20.00 |
Variable selling & administrative expenses per unit | $ 3.00 | $ 1.00 |
Total Fixed cost of goods sold | $ 56.00 | $ 21.00 |
Total Fixed Selling & administrative expenses | $ 100,000.00 | $ 90,000.00 |
CHECK AND HELPED NEEDED WITH OUTPUT...
I DID THE YELLOW AND WANT IT CHECKED AND NEED HELP WITH PURPLE
OUTPUT: | Product A | Product B |
Contribution margin per unit | $ 27.00 | $ 25.00 |
Contribution margin percentage | 32.53% | 54.35% |
Break even point in units | 3704 | 3600 |
Break even point in sales dollars | $ 307,407.41 | $ 165,600.00 |
Number of units to be sold to earn profit of $50,000 | ||
The profit if the company sold 20,000 units | $ 440,000.00 | $ 410,000.00 |
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