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Pharoah Company has a unit selling price of $690, unit variable costs of $390, and xed costs of $286,200. Compute the break-even point in sales
Pharoah Company has a unit selling price of $690, unit variable costs of $390, and xed costs of $286,200. Compute the break-even point in sales units using (a) the mathematical equation and (b) unit contribution margin. (a) Mathematical Equation (b) Unit contribution margin Break-even point units units Save for Later Attempts: 0 of 1 used Submit Answer For Carla Vista Company, variable costs are 64% of sales, and xed costs are $193,000. Management's net income goal is $62,600. Compute the required sales dollars needed to achieve management's target net income of $62,600. (Use the contribution margin technique.) Required sales $ save for Later Attempts: 0 of 1 used Match the following statements to the appropriate terms. 1. 10. The amount of revenue remaining after deducting variable costs. Costs that contain both a variable and a xed component. The percentage of sales dollars available to cover xed costs and produce income. Identies the activity that causes changes in the behavior of costs. The difference between actual or expected sales and break-even point in sales dollars. Costs that vary in total directly and proportionately with changes in the activity level. The level of activity at which total revenues equal total costs. The range over which the company expects to operate during the year. Costs that remain the same in total regardless of changes in the activity level. A method that uses the total costs incurred at the high and low levels of activity. For an activity base to be useful in cost behavior analysis, 0 the activity level should be constant over a period of time. 0 there should be a correlation between changes in the level of activity and changes in costs. 0 the activity should always be stated in dollars. 0 the activity should always be stated in terms of units. Save for Later Attempts: 0 of 1 used Submit Answer Which of the following is not a cost classification? O Multiple O Variable O Mixed O Fixed Attempts: 0 of 1 used Submit Answer Save for LaterVaughn Manufacturing collected the following production data for the past quarter: Bottles Total Month Produced Cost March 4800 $200000 April 3800 176000 May 3300 143000 If Vaughn uses the high-low method to project costs for the next quarter, what will total costs be if planned production is 13200 bottles? O $354200 O $796400 0 $519200 0 $572000 Save for Later Attempts: 0 of 1 used Submit Answer CVP analysis does not consider the O variable cost per unit. O fixed cost per unit. O sales mix. O level of activity. Save for Later Attempts: 0 of 1 used Submit AnswerSwifty Corporation produces small lightweight camping trailers with rear kitchen facilities. The company's xed costs are $900000 per year and its variable costs are 60% of the unit selling price of $15 100. What is the company's break-even point in sales dollars? 0 $900000 0 $1500000 O $2250000 O $3150000 Save for Later Attempts: 0 of 1 used Submit Answer Fixed costs are $3600000 and the unit contribution margin is $300. What is the break-even point? 0 12000 units 0 $14400000 O $12000000 0 14400 units Save for Later Attempts: 0 of 1 used Marigold Corp. produces ash drives for computers, which it sells for $20 each. The variable cost to make each ash drive is $11. During April, 540 drives were sold. Fixed costs for April were $3 per unit for a total of $1620 for the month. What is the company's monthly break-even point in sales dollars? 0 $2945 0 $16200 0 $3240 0 $3600 Save for Later Attempts: 0 of 1 used
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