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Jay - Zee Company makes an in - car navigation system. Next year, Jay - Zee plans to sell 2 0 , 0 0 0
JayZee Company makes an incar navigation system. Next year, JayZee plans to sell units at a price of $ each. Product costs include: Direct materials $ Direct labor $ Variable overhead $ Total fixed factory overhead $ Variable selling expense is a commission of percent of price; fixed selling and administrative expenses total $ Required: Question Content Area Calculate the sales commission per unit sold. If required, round your answers to the nearest dollar. Use rounded answers in subsequent computations. $fill in the blank cfaff per unit Calculate the contribution margin per unit. $fill in the blank cfaff per unit How many units must JayZee Company sell to break even? Round your answer to the nearest whole number. fill in the blank cfaff units Feedback Area Feedback Sales commissions usually are a percentage of price. See Cornerstone Price is a part of the calculation. Breakeven in units can be calculated by taking fixed costscontribution margin per unit Question Content Area Prepare an income statement for the calculated number of units. If an amount is zero, enter Do NOT round Breakeven units and, if required, round your answer to the nearest dollar. blank JayZee Company Income Statement Sales $Sales Less: Variable expenses Less: Variable expenses Contribution margin $Contribution margin Less: Fixed expenses Less: Fixed expenses Operating income $Operating income Feedback Area Feedback Remember to use a contribution margin format income statement. You wont find gross profit on this type of income statement. Question Content Area Calculate the number of units JayZee Company must sell to achieve target operating income profit of $ Round your answer to the nearest whole number. fill in the blank bffafe units What if the JayZee Company wanted to achieve a target operating income of $ Would the number of units needed increase or decrease compared to your answer in Requirement Round your answer to the nearest whole number. Decrease Compute the number of units needed for the new target operating income. fill in the blank bffafe units
JayZee Company makes an incar navigation system. Next year, JayZee plans to sell units at a price of $ each. Product costs include:
Direct materials $
Direct labor $
Variable overhead $
Total fixed factory overhead $
Variable selling expense is a commission of percent of price; fixed selling and administrative expenses total $
Required:
Question Content Area
Calculate the sales commission per unit sold. If required, round your answers to the nearest dollar. Use rounded answers in subsequent computations.
$fill in the blank cfaff
per unit
Calculate the contribution margin per unit.
$fill in the blank cfaff
per unit
How many units must JayZee Company sell to break even? Round your answer to the nearest whole number.
fill in the blank cfaff
units
Feedback Area
Feedback
Sales commissions usually are a percentage of price.
See Cornerstone Price is a part of the calculation.
Breakeven in units can be calculated by taking fixed costscontribution margin per unit
Question Content Area
Prepare an income statement for the calculated number of units. If an amount is zero, enter Do NOT round Breakeven units and, if required, round your answer to the nearest dollar.
blank
JayZee Company
Income Statement
Sales
$Sales
Less: Variable expenses
Less: Variable expenses
Contribution margin
$Contribution margin
Less: Fixed expenses
Less: Fixed expenses
Operating income
$Operating income
Feedback Area
Feedback
Remember to use a contribution margin format income statement. You wont find gross profit on this type of income statement.
Question Content Area
Calculate the number of units JayZee Company must sell to achieve target operating income profit of $ Round your answer to the nearest whole number.
fill in the blank bffafe
units
What if the JayZee Company wanted to achieve a target operating income of $ Would the number of units needed increase or decrease compared to your answer in Requirement Round your answer to the nearest whole number.
Decrease
Compute the number of units needed for the new target operating income.
fill in the blank bffafe
units
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