Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please please answer asap!!!! answer as how it is in order.. thanks! The following information relates to the only product sold by Mastrolia Manufacturing. a.

please please answer asap!!!! answer as how it is in order.. thanks!
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
The following information relates to the only product sold by Mastrolia Manufacturing. a. Compute the contribution margin ratio and the dollar sales volume required to break even. b. Assuming that the company sells 30,000 units during the current year, compute the margin of safety (in dollars). lonic Charge is a newly organized manufacturing business that plans to manufacture and sell 60,000 units per year of a new product. The following estimates have been made of the company's costs and expenses (other than income taxes). Required: a. What should the company establish as the sales price per unit if it sets a target of earning an operating income of $700,000 by producing and selling 60,000 units during the first year of operations? (Hint: First compute the required contribution margin per unit) b. At the unit sales price computed in part a, how many units must the company produce and sell to break even? (Assume all units produced are sold.) c. What will be the margin of safety (in dollars) if the company produces and sells 60,000 units at the sales price computed in part a? d. Assume that the marketing manager thinks that the price of this product must be no higher than $60 to ensure market penetration. Will setting the sales price at $60 enable lonic Charge to break even, given the plans to manufacture and sell 60,000 units? Complete this question by entering your answers in the tabs below. What should the company establish as the sales price per unit if it sets a target of eaming an operating income of $700,000 by producing and selling 60,000 units during the first year of operations? (Hint: First compute the required contribution margin per unit.) Ionic Charge is a newly organized manufacturing business that plans to manufacture and sell 60,000 units The following estimates have been made of the company's costs and expenses (other than income taxes). Required: a. What should the company establish as the sales price per unit if it sets a target of earning an operating inc producing and selling 60,000 units during the first year of operations? (Hint: First compute the required contr b. At the unit sales price computed in part a, how many units must the company produce and sell to break ev produced are sold.) c. What will be the margin of safety (in dollars) if the company produces and sells 60,000 units at the sales pri d. Assume that the marketing manager thinks that the price of this product must be no higher than $60 to ens Will setting the sales price at $60 enable lonic Charge to break even, given the plans to manufacture and sell Complete this question by entering your answers in the tabs below. At the unit sales price computed in part a, how many units must the company produce and sell to break even? (Ass units produced are sold.) Ionic Charge is a newly organized manufacturing business that plans to manufacture and sell 60,000 units The following estimates have been made of the company's costs and expenses (other than income taxes). Required: a. What should the company establish as the sales price per unit if it sets a target of earning an operating inc producing and selling 60,000 units during the first year of operations? (Hint: First compute the required contr b. At the unit sales price computed in part a, how many units must the company produce and sell to break ev produced are sold.) c. What will be the margin of safety (in dollars) if the company produces and sells 60,000 units at the sales pri d. Assume that the marketing manager thinks that the price of this product must be no higher than $60 to ens Will setting the sales price at $60 enable lonic Charge to break even, given the plans to manufacture and sell Complete this question by entering your answers in the tabs below. What will be the margin of safety (in dollars) if the company produces and sells 60,000 units at the sales price comp part a? Onic Charge is a newly organized manufacturing business that plans to manufacture and sell 60,000 units per year of a nev The following estimates have been made of the company's costs and expenses (other than income taxes). Required: a. What should the company establish as the sales price per unit if it sets a target of earning an operating income of $700,000 producing and selling 60,000 units during the first year of operations? (Hint: First compute the required contribution margin p b. At the unit sales price computed in part a, how many units must the company produce and sell to break even? (Assume all produced are sold.) c. What will be the margin of safety (in dollars) if the company produces and sells 60,000 units at the sales price computed in d. Assume that the marketing manager thinks that the price of this product must be no higher than $60 to ensure market pene Will setting the sales price at $60 enable lonic Charge to break even, given the plans to manufacture and sell 60,000 units? Complete this question by entering your answers in the tabs below. Assume that the marketing manager thinks that the price of this product must be no higher than $60 to ensure market penetration. Will setting the sales price at $60 enable Ionic Charge to break even, given the plans to manufacture and sell 60,000 units? The following information relates to the only product sold by Mastrolia Manufacturing. a. Compute the contribution margin ratio and the dollar sales volume required to break even. b. Assuming that the company sells 30,000 units during the current year, compute the margin of safety (in dollars). lonic Charge is a newly organized manufacturing business that plans to manufacture and sell 60,000 units per year of a new product. The following estimates have been made of the company's costs and expenses (other than income taxes). Required: a. What should the company establish as the sales price per unit if it sets a target of earning an operating income of $700,000 by producing and selling 60,000 units during the first year of operations? (Hint: First compute the required contribution margin per unit) b. At the unit sales price computed in part a, how many units must the company produce and sell to break even? (Assume all units produced are sold.) c. What will be the margin of safety (in dollars) if the company produces and sells 60,000 units at the sales price computed in part a? d. Assume that the marketing manager thinks that the price of this product must be no higher than $60 to ensure market penetration. Will setting the sales price at $60 enable lonic Charge to break even, given the plans to manufacture and sell 60,000 units? Complete this question by entering your answers in the tabs below. What should the company establish as the sales price per unit if it sets a target of eaming an operating income of $700,000 by producing and selling 60,000 units during the first year of operations? (Hint: First compute the required contribution margin per unit.) Ionic Charge is a newly organized manufacturing business that plans to manufacture and sell 60,000 units The following estimates have been made of the company's costs and expenses (other than income taxes). Required: a. What should the company establish as the sales price per unit if it sets a target of earning an operating inc producing and selling 60,000 units during the first year of operations? (Hint: First compute the required contr b. At the unit sales price computed in part a, how many units must the company produce and sell to break ev produced are sold.) c. What will be the margin of safety (in dollars) if the company produces and sells 60,000 units at the sales pri d. Assume that the marketing manager thinks that the price of this product must be no higher than $60 to ens Will setting the sales price at $60 enable lonic Charge to break even, given the plans to manufacture and sell Complete this question by entering your answers in the tabs below. At the unit sales price computed in part a, how many units must the company produce and sell to break even? (Ass units produced are sold.) Ionic Charge is a newly organized manufacturing business that plans to manufacture and sell 60,000 units The following estimates have been made of the company's costs and expenses (other than income taxes). Required: a. What should the company establish as the sales price per unit if it sets a target of earning an operating inc producing and selling 60,000 units during the first year of operations? (Hint: First compute the required contr b. At the unit sales price computed in part a, how many units must the company produce and sell to break ev produced are sold.) c. What will be the margin of safety (in dollars) if the company produces and sells 60,000 units at the sales pri d. Assume that the marketing manager thinks that the price of this product must be no higher than $60 to ens Will setting the sales price at $60 enable lonic Charge to break even, given the plans to manufacture and sell Complete this question by entering your answers in the tabs below. What will be the margin of safety (in dollars) if the company produces and sells 60,000 units at the sales price comp part a? Onic Charge is a newly organized manufacturing business that plans to manufacture and sell 60,000 units per year of a nev The following estimates have been made of the company's costs and expenses (other than income taxes). Required: a. What should the company establish as the sales price per unit if it sets a target of earning an operating income of $700,000 producing and selling 60,000 units during the first year of operations? (Hint: First compute the required contribution margin p b. At the unit sales price computed in part a, how many units must the company produce and sell to break even? (Assume all produced are sold.) c. What will be the margin of safety (in dollars) if the company produces and sells 60,000 units at the sales price computed in d. Assume that the marketing manager thinks that the price of this product must be no higher than $60 to ensure market pene Will setting the sales price at $60 enable lonic Charge to break even, given the plans to manufacture and sell 60,000 units? Complete this question by entering your answers in the tabs below. Assume that the marketing manager thinks that the price of this product must be no higher than $60 to ensure market penetration. Will setting the sales price at $60 enable Ionic Charge to break even, given the plans to manufacture and sell 60,000 units

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_2

Step: 3

blur-text-image_3

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

Mathematics Of Finance An Intuitive Introduction

Authors: Donald G. Saari

1st Edition

3030254429, 978-3030254421

More Books

Students also viewed these Accounting questions

Question

=+What is the most challenging part of working in social media?

Answered: 1 week ago