Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tohatsu Company sells a product for $80 per unit. Costs related to the product are as follows: Direct material cost per unit Direct labor cost

image text in transcribed
Tohatsu Company sells a product for $80 per unit. Costs related to the product are as follows: Direct material cost per unit Direct labor cost per unit Variable manufacturing overhead per unit Variable selling and admin cost per unit Total fixed manufacturing cost Total fixed selling and admin 18 10 108,841 54,421 cost Calculate the following. ROUND TO THE NEAREST WHOLE NUMBER. USE ONLY WHOLE NUMBERS. DO NOT USE COMMAS, DOLLAR SIGNS, PERIODS, ETC 1. Tohatsu's breakeven point in units 2. The number of units Tohatsu must sell to earn a profit of $75,000. Assume no taxes 3. Tohatsu's current profit if they are selling 18,000 units and have a 20% tax rate. 4. The number of units Tohatsu must sell to earn a proft of $210,000 assuming they have a tax rate of 20%. 5. Tohatsu's proft if they increase the selling price to $94 and sell 14,000 units. Assume no taxes AV FS F2

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

Quality Auditing Journal Notes Checklists Observations Evidence Questions Log

Authors: Leon Edward

1st Edition

1729431569, 978-1729431566

More Books

Students also viewed these Accounting questions

Question

Describe the auditing standard for reporting.

Answered: 1 week ago

Question

Describe the seven standard parts of a letter.

Answered: 1 week ago

Question

Explain how to develop effective Internet-based messages.

Answered: 1 week ago

Question

Identify the advantages and disadvantages of written messages.

Answered: 1 week ago