Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help me with this excel assignment 64 65 CT 7 -4 66 BREAKEVEN POINT AND SELLING PRICE UAE Industries will manufacture and sell 450,000

Please help me with this excel assignment

image text in transcribed

64 65 CT 7 -4 66 BREAKEVEN POINT AND SELLING PRICE UAE Industries will manufacture and sell 450,000 units next year. Fixed costs will total SAR 825,000, and variable costs will be 38% thirty-eight percent) of sales 67 a. The firm wants to achieve a level of earnings before interest and taxes of SAR 290.000. What 68 selling price per unit is necessary to achieve this result? b. Set up a pro forma income statement to verify your solution to part a. 69 70 Solution 71 DATA 72 Sell 73 Fixed Costs 74 Variable Costs 75 76 A) 77 EBIT 78 Sales- 79 Avg selling price- 80 81 B) 82 Sales 83 Total VC 84 Revenue before FC 85 Total FC 86 EBIT 87 450,000 825,000 38% 0.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Gleim CIA Review Part 3 Internal Audit Knowledge Elements

Authors: Irvin N. Gleim

2018 Edition

1618541153, 978-1618541154

More Books

Students also viewed these Accounting questions

Question

11.2 Write simple instructions that are easy to follow

Answered: 1 week ago