Ivanhoe, Inc. developed the following information for its product: Sales price Variable cost Contribution margin Total fixed costs Per Unit $102.00 71.40 $30.60 $1,288,260 Answer the following independent questions.
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- 1) what is the breakeven selling price per unit for Product A? 2) For product C, assume the selling price cannot change., what variable cost per unit will result in breakeven at 150 units sold? 3) what is the breakeven unit sales for Product F. Do not give answer in imageChoose the correct letter of answer Jan Slaugther Company produces and sells a particular home appliance. The variable cost (VC) per unit is P50. The unit selling price (SP) is P120 while fixed cost (FC) is P70,000. What is the profit function in this case? a. C = 50x + 70,000b. Answer not givenc. P = 120x – 50x – 70,000d. R = 120xGiven the following information. answer the questions:• The ratio of variable cost per unit divided by selling price per unit equals 0.25• Fixed costs amount to $50.000(a) Draw the cost-volume-profit diagram(b) What is the break-even point?(c) What effect would a 6% decrease in selling price have on the break-eventhe point from the part (b)?
- 2. You are given the following information: Selling price per unit Variable cost OMR 20 OMR 12 Total fixed cost OMR 96000 (i) Break-even units and value. (ii) Profit and margin of safety when sales would be OMR 400000 Engih nted Stateswhat is the Revenue, cost and profit functions for the problem below? Orange Company buys Product A for P15 per units and sells them for P25 per unit. There areno other variable costs. Fixed cost is P6,000. Use the breakeven formula to determine thefollowing:a. Revenue, cost and profit functions.Marigold Corp. is using the target cost approach on a new product. Information gathered so far is as follows: Expected annual sales Desired profit per unit Target cost What is the unit selling price? O $0.30 O $0.64 O $0.62 O $0.32 500000 units $0.32 $150000
- Mars Company has the following information: Total Fixed cost OMR 25000 Selling price per unit OMR 40 Variable cost per unit OMR 25, What will be the correct amount of Margin of safely at a profit of OMR 12000? Select one: O a. OMR 37000 b. OMR 30000 O c. OMR 19200 O d. OMR 32000Refer to the pictur ebelow: Find: 1. Total Cost of Product A under ABC System2. Total Cost of Product B under ABC System3. Selling Price per unit of Product B assuming profit margin of 20% above costAragon Company produces and sells a particular home appliance. The variable cost (VC) per unit is P50. The unit selling price (SP) is P120 while fixed cost (FC) is P70,000. What is the cost function in this case? a. P = 120x – 50x – 70,000b. C = 50x + 70,000c. R = 120x d. no answer
- . Following information pertains to X Company's two products: 5040000 Digicam Videocam Break-even point-units 240 360 Selling price P 4,500 P14,250 Variable costs 2,250 5,000 How much is the total fixed costs?The total cost formula for a company can be modeled by TC = 12570+ 50x where x represents the number of items sold. A formula for the company's total income is modeled with TR 80x, where a represents the number of items sold. This company will breakeven when its total costs equal its total income. - How many items must this company sell to breakeven? Answer:Suppose a ceiling fan manufacturer has the total cost function C(x) = 35x + 1200 and the total revenue function R(x) = 65x. (a) What is the equation of the profit function P(x) for this commodity? P(x) = (b) What is the profit on 20 units? P(20) = Interpret your result. The total costs are less than the revenue. The total costs are more than the revenue. The total costs are exactly the same as the revenue. (c) How many fans must be sold to avoid losing money? fans