Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

QUESTION 33 Determine the unit break-even point, assuming fixed costs are $90,000 per period, variable costs are $18.00 per unit, and the sales price is

QUESTION 33

  1. Determine the unit break-even point, assuming fixed costs are $90,000 per period, variable costs are $18.00 per unit, and the sales price is $24.00 per unit.

    15,000

    3,750

    5,000

    90,000

  2. QUESTION 34

  3. Gibson Company sells one product at a price of $30 per unit. Variable expenses are 60 percent of sales, and fixed expenses are $30,000. The revenues required to achieve a target profit of $3,000 are:

    $82,500

    $75,000

    $7,500

    $55,000

  4. QUESTION 37

  5. The following information pertains to Marvolo, Inc. What is the sales volume (in units) required to obtain a target AFTER-TAX profit of $48,000?

    Selling price per unit

    $100

    Variable costs per unit

    $75

    Total fixed costs

    $125,000

    Tax rate

    40%

    3,200 units

    8,200 units

    2,733units

    9,800 units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Human Resource Management

Authors: Raymond J. Stone, Anne Cox, Mihajla Gavin

10th Edition

9780730385356

Students also viewed these Accounting questions