Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please only answer questions if can answer correctly and thorougly thank you Swifty Corporation has fixed costs of $171000 and variable costs of $7.0 per

Please only answer questions if can answer correctly and thorougly thank you image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Swifty Corporation has fixed costs of $171000 and variable costs of $7.0 per unit. It has a target income $278000. How many units must it sell at $11 per unit to achieve its target income? O 69500 units. 0.24429 units. O 42750 units O 112250 units. For Sheridan Company at a sales level of 4000 units, sales is $77000, variable expenses total $68000, and fixed expenses are $21000. What is the contribution margin per unit us $17.00 O $2.25 O $5.25 O $19.25 Crane Company sells two types of computer hard drives. The sales mix is 30% (Q Drive) and 70% (Q-Drive Plus). Q-Drive has variable costs per unit of $90 and a selling price of $150. Q Drive Plus has variable costs per unit of $105 and a selling price of $195. Crane's fixed costs are $769500. How many units of Q Drive would be sold at the break-even point? 6650. 0 9500 O 3848 O 2850. Bramble Inc manufactures model airplanes and repair kits. The planes account for 75% of the sales mix, and the kits the remainder. The variable cost ratio for the planes is 80% and 65% for the kits. Fixed costs are $95000. Compute the breakeven point in sales dollars. O $633333 O $475000 $400000 O $271429

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

Managerial Accounting Creating Value in a Dynamic Business Environment

Authors: Ronald Hilton, David Platt

10th edition

78025664, 978-0078025662

More Books

Students also viewed these Accounting questions