Company XYZ is an electric car manufacturer. The company produces and sells two models: Standard and Turbo. The Standard model has a selling price per unit and variable cost per unit of $8,000 and $3,000 respectively. The Turbo model has a selling price per unit and variable cost per unit of $12,000 and $5,000 respectively. The company currently has a sales mix of 2 units of Standard and 4 units of Turbo. Assuming total fixed costs of $475,000, how many units of Turbo should be sold to achieve breakeven? О а. 30 ОБ. 25 50 O d. 60 O e. None of the given answers

Company XYZ is an electric car manufacturer. The company produces and sells two models: Standard and Turbo. The Standard model has a selling price per unit and variable cost per unit of $8,000 and $3,000 respectively. The Turbo model has a selling price per unit and variable cost per unit of $12,000 and $5,000 respectively. The company currently has a sales mix of 2 units of Standard and 4 units of Turbo. Assuming total fixed costs of $475,000, how many units of Turbo should be sold to achieve breakeven? О а. 30 ОБ. 25 50 O d. 60 O e. None of the given answers

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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Company XYZ is an electric car manufacturer. The company produces and sells two models: Standard and Turbo. The Standard model has a selling price per unit and variable cost per unit of $8,000 and $3,000 respectively. The Turbo model has a selling price per unit and variable cost per unit of $12,000 and $5,000 respectively. The company currently has a sales mix of 2 units of Standard and 4 units of Turbo. Assuming total fixed costs of $475,000, how ?many units of Turbo should be sold to achieve breakeven None of the given answers .a O 25 .b O 30 .c O 60 .d O 50 .e O
Company XYZ is an electric car manufacturer . The company produces and sells two models : Standard and Turbo . The Standard model has a selling price per unit and variable cost per unit of $8,000 and $3,000 respectively . The Turbo model has a selling price per unit and variable cost per unit of $12,000 and $5,000 respectively . The company currently has a sales mix of 2 units of Standard and 4 units of Turbo . Assuming tota fixed costs of $475,000 , how many units of Standard should be sold to achieve breakeven ? a . 30 b. 25 c. None of the given answers d. 50 e. 60
Company XYZ is an electric car manufacturer. The company produces and sells two models: Standard and Turbo. The Standard model has a selling price per unit and variable cost per unit of $8.000 and $3,000 respectively. The Turbo model has a selling price per unit and variable cost per unit of $12.000 and $5.000 respectively. The company currently has a sales mix of 4 units of Standard and 2 units of Turbo. Assuming total fixed costs of $510,000, how many units of Turbo should be sold to achieve breakeven? O a. None of the given answers O b. 60 Oc. 30 O d. 50 Oe. 25 NEXT PAGE
Crane Corporation sells three different models of a mosquito "zapper." Model A12 sells for $41 and has unit variable costs of $29. Model B22 sells for $82 and has unit variable costs of $57. Model C124 sells for $328 and has unit variable costs of $246. The sales mix(as a percentage of total units) of the three models is A12, 60%; B22, 15%; and C124, 25%. What is the weighted-average unit contribution margin? (Round answer to 2 decimal places, e.g. 15.50.) Weighted-Average Unit Contribution Margin $
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Burnem Inc. manufactures thumb drives and sells them to a distributor. Burnem's total cost and total revenue (in dollars) for x thumb drives are given by the following equations. Total cost = 6(x + 4716) and Total revenue = 15x (a) How many thumb drives must Burnem sell to break even? X = thumb drives (b) What is the selling price of each item? $ (c) What are the fixed costs? $ (d) What is the marginal profit per item? $
Sheridan Corporation sells three different models of a mosquito "zapper" Model A12 sells for $57 and has unit variable costs of $39.90. Model B22 sells for $114 and has unit variable costs of $79.80. Model C124 sells for $456 and has unit variable costs of $342 The sales mox (as a percentage of total units) of the three models is A12, 60%; B22, 15%; and C124,25% If the company has foxed costs of $267,729, how many units of each model must the company sell in order to break even? (Round Per unit values to 2 decimal palces, eg 15.25 and final answers to 0 decimal places, e.g. 5,275.) Model A12 B22 C124 Total break-even point units 4