Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

This is question #1. I need the answers showing step by step everything and as clear and concise on the whole thing and what the

This is question #1. I need the answers showing step by step everything and as clear and concise on the whole thing and what the final answer is for each one is. I'll need to put this on a Word Document, so please make sure it fits the criteria so I can put all the steps and the solution onto a Word Document. No Excel Tables or any tables, no graphs. All in written form so I can copy and paste. Please do it as fast as you can, and would greatly appreciate it. Thank you so much, Yaakov V. Question #1. 35% - A company has a selling price of $16 a unit, variable costs of $8 a unit, and fixed costs of $20,000. A) 5%- What is the breakeven point in dollar sales? B) 4%- What quantity must be sold to earn an operating income of $40,000? C)4%- What is the Firm's contribution margin per unit and contribution margin percentage? D) 4% What is the breakeven in units if there is a 20% increase in fixed costs E) 5%- Assume the company sells 10,000 units and the total contribution margin increases by 20%, what is the operating income for the company? F) 4%- By how much can fixed cost increase, if the firm increases its sales price by $4 and wants to make an operating income of $40000 by selling 9,000 units? G) 4%- Assume we have been selling 10,000 units. What is the operating income if there is a 10% decrease in units sold? H)5% - How many units need to be sold to make an after tax profit of $90,000? Assume a tax rate of 40%

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

Horngrens Financial And Managerial Accounting

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura

6th Edition

0134486838, 978-0134486833

More Books

Students also viewed these Accounting questions

Question

1. Make sure you can see over partitions.

Answered: 1 week ago

Question

Context, i.e. the context of the information presented and received

Answered: 1 week ago