Answered step by step
Verified Expert Solution
Link Copied!

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

image text in transcribed
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

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions