Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question CM/BEP/Target Profit Assume the following data for Product X Selling price $60 per unit Variable costs per unit is $45 Total fixed costs for

image text in transcribed

Question CM/BEP/Target Profit Assume the following data for Product X Selling price $60 per unit Variable costs per unit is $45 Total fixed costs for the period $84,000 Sales for the period 6,000 units (a) Calculate the contribution margin (b) Calculate the contribution margin per unit . O what is the contribution margin percentage . (d) what will be the change in operating income if sales increase by 10%? (e) Assume that company wants operating income of $21,000 How many units of product must be sold? . What is the dollar sales required to achieve this income

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

Surviving The OSHA Audit Common Sense Solutions To Your Most Feared OSHA Compliance Issues

Authors: David A. Casavant

1st Edition

0998743704, 978-0998743707

More Books

Students also viewed these Accounting questions

Question

=+What are the competences needed now and in the future?

Answered: 1 week ago