Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please show work so i can understand. thank you. 5) A pencil manufacturer had the following information: Plastic tubes: top and tip .12 per unit

image text in transcribed
please show work so i can understand. thank you.
5) A pencil manufacturer had the following information: Plastic tubes: top and tip .12 per unit Ink .02 per unit Direct Labor .02 per unit Selling Price .40 per unit Advertising $80,000 Salaries $200,000 Factory Overhead $120,000 Total pencil market is 10,000,000 pencils. Calculate: I A. unit contribution B. break even volume in units C. Total profit if 3,000,000 pencils are sold D. Volume in units to generate $500,000 in profit

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

Intermediate Accounting Volume 1

Authors: Thomas H. Beechy, Joan E. Conrod, Elizabeth Farrell, Ingrid McLeod-Dick, Kayla Tomulka, Romi-Lee Sevel

8th Edition

1260881237, 9781260881233

More Books

Students also viewed these Accounting questions

Question

=+created using the same application framework.

Answered: 1 week ago

Question

When do you think a hiring decision will be made?

Answered: 1 week ago

Question

Compare and contrast verbal and nonverbal codes

Answered: 1 week ago

Question

Define and discuss the nature of ethnocentrism and racism

Answered: 1 week ago

Question

Define and discuss racial and ethnic stereotypes across cultures

Answered: 1 week ago