Answered step by step
Verified Expert Solution
Question
1 Approved Answer
l Online ProsA ACCT-51011-0L01-Manage Ch 5 Homework Help Save&Exlt Submit Lindon Company is the exclusive distri unor for an autor tve product that sells for
l Online ProsA ACCT-51011-0L01-Manage Ch 5 Homework Help Save&Exlt Submit Lindon Company is the exclusive distri unor for an autor tve product that sells for S3200 per unt and has a CM ratio of 30% The company's fixed expenses ase $177,600 per year. The company plans to sell 20,900 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 proft of $81,600 per year? 4. Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.20 per unit What is the s new break even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $81600 Vaniable expense per unt Break-even point in unts 2 Break-even point in dolar sales 3 Unt sales needed to attan target prott Dollar sales needed to antan target proft New break-even point in unit sales New break-even point in dolar sales Dollar sales needed to attain target pront Prev 1of2Next> DOLL es es 7 5 3 R
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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