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Jordan Corporation sells products for $40 each that have varlable costs of $17 per unlt. Jordan's annual fixed cost is $545,100. Required Use the per-unit
Jordan Corporation sells products for $40 each that have varlable costs of $17 per unlt. Jordan's annual fixed cost is $545,100. Required Use the per-unit contribution margin approach to determine the break-even point In units and dollars. Vernon Corporation produces products that it sells for $16 each. Varlable costs per unit are $6, and annual fixed costs are $216,000. Vernon desires to earn a profit of $18,000. Required a. Use the equation method to determine the break-even point In units and dollars. b. Determine the sales volume in units and dollars required to earn the desired profit. Zachary Corporation produced 215,000 watches that it sold for $19 each during year 2 . The company determined that fixed manufacturing cost per unit was $8 per watch. The company reported a $1,290,000 gross margin on lts year 2 financlal statements. Required Determine the varlable cost per unit, the total varlable cost, and the total contributlon margin. Fanning Enterprises produces a product with fixed costs of $22100 and varlable cost of $4.30 per unit. The company desires to earn a $23,000 profit and believes it can sell 11,000 units of the product. Required a. Based on this information, determine the target sales price. Note: Round your answer to 2 decimal places. Campbell Company Incurs annual fixed costs of $141,560. Varlable costs for Campbell's product are $21.35 per unlt, and the sales price is $35.00 per unit. Campbell desires to earn an annual profit of $55,000. Required Use the contribution margin ratio approach to determine the sales volume In dollars and units required to earn the desired profit. Note: Do not round intermediate calculations. Round your final answers to the nearest whole number
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