Answered step by step
Verified Expert Solution
Question
1 Approved Answer
need help with last question and verifying answers. PRINTER VERSION 4 BACK Question 5 Ronald Enterprises Ltd. has estimated the following costs for producing and
need help with last question and verifying answers.
PRINTER VERSION 4 BACK Question 5 Ronald Enterprises Ltd. has estimated the following costs for producing and selling 15,800 units of its product: Direct materials $63,200 Direct labour 94,800 Variable overhead 47.400 Fixed overhead 30,000 Variable selling and administrative expenses 63,200 Fixed selling and administrative expenses 37,500 Ronald Enterprises' income tax rate is 40%. Given that the selling price of one unit is $37) calculate how many units Ronald Enterprises would have to sell in order to break even. Break-even units 3375 LINK TO TEXT Assume the selling price is $42 per unit. Calculate how many units Ronald Enterprises would have to sell in order to produce a profit of $25,000 before taxes. Target units 3500 units LINK TO TEXT Calculate what price Ronald Enterprises would have to charge in order to produce a profit of $27,000 after taxes if 7,500 units were produced and sold. Ronald Enterprises should charges 32 per unit LINK TO TEXT Calculate what price Ronald Enterprises would have to charge in order to produce a before-tax profit equal to 30% of sales if 8,300 units were produced and sold. (Round answer to 2 decimal places, e.g. 25.25.) Ronald Enterprises should charge $ per unit LINK TO TEXTStep 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