Cameron Corporation sells two types of beach towels, Standard and Deluxe.Total salesTotal variable expensesStandardDeluxe$ 450,000$ 50,000$ 360,000$ 20,000Total fixed expenses are $57,600. Given the current sales mix, what is the break-even point in dollar sales for Deluxe?O $36,000O $24,000O $30,000O $27,000O $33,000

To calculate the break-even sales for Deluxe, we will be using the following steps: Step 1:…

Answered: Cameron Corporation sells two types of…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Ava Co. sells custom jewelry for $200. The variable cost per jewel is $160. Ava has fixed operating costs of $4,000. What is Ava's operating breakeven quantity of sales, in units? A. 150 units B. 120 units C. 90 units D. 100 units
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ABC Corporation has the following information about its single product: Selling Price per unit ₱ 20 Variable Cost per unit ₱ 12 Annual Fixed Costs ₱ 40,000 Expected Units to be sold 6,000 units Compute the target sales level (in units and in peso) for the following target profit: 1. Before tax profit of ₱20,000 2. After tax profit of ₱18,000 if the tax rate is 40%
Custom Value Products makes and sells a single product in a 7-state area. Information for their product is below: $281.00 185.00 Unit Selling Price Unit Variable Cost Total Fixed Cost $3,400,000 Expected sales 12,000 units Required: Use the CVP template to calculate the company's break-even point in both units and sales dollars as well as their expected income for next year at their planned sales volume. Ignore income taxes for this calculation. If the company's variable cost of manufacturing decreases by 5% next year and they reduce their selling price by 5%, will their break-even point and expected income increase or decrease? Show calculations. Explain in your own words how adding another product to their offerings would change their CVP calculations.
Assume the following information: Amount Per Unit Sales $ 300,000 $ 40 Variable expenses 120,000 16 Contribution margin 180,000 $ 24 Fixed expenses 60,000 Net operating income $ 120,000 If the company decides to pay a sales commission of 2.5% for each unit sold above the break-even point, what net operating income will it earn if it sells 4,600 units? Multiple Choice $50,800 $45,800 $50,400 $48,300
A firm sell a single product for $6. Its variable cost per unit is $4 and fixed costs are $50. Ignoring income taxes, the amount of sales revenue needed for $20 profit is Select one: a. $210. b. $150. c. $35. d. $25.
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The Zin Company wants to achieve an operating income of $126.000, They currently sell 5,000 units at a price of $72 per unit with variable costs of $32 per unit fixed costs total $84, 000. In order to achieve their target operating income before taxes without increasing the selling price, the company will need to increase sales by $94,000 $84,000 600 units. 250 units
Burke Company has a break-even of $900,000 in total sales. Assuming the company sells its product for $50 per unit, what is its margin of safety in units if sales total $1,200,000? Multiple Choice 18,000 units 1,500 units 24,000 units 6,000 units
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Subject :- Accounting
Awanita Enterprises sells computer flash drives for $2.81 per unit. Unit variable cost is $0.07. The breakeven point in units is 3,000, and expected sales in units are 4,500. What is the margin of safety in dollars? OA. $105 OB. $8,430 OC. $4,215 O D. $4,110 ...

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