Holly's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed costs. The number of hams that must be sold to achieve $75,000 of operating income is

Sparkle Jewelry sells 800 units resulting in​ $85,000 of sales​ revenue, $32,000 of variable​ costs, and​ $26,000 of fixed costs.   The number of units that must be sold to achieve​ $41,000 of operating income is​ ________.

Williams Company bottles and distributes Supe Juice, a soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2020, management estimates the following revenues and costs. Sales: $1,800,000                    Selling expenses—variable: $70,000 Direct materials: 430,000                   Selling expenses—fixed: 65,000 Direct labor: 360,000              Administrative expenses—variable: 20,000 Manufacturing overhead—variable: 380,000             Administrative expenses—fixed: 60,000 Manufacturing overhead—fixed: 280,000     Prepare a CVP income statement for 2020 based on management’s estimates.        Calculate variable cost per bottle. Compute the break-even point in units. Compute the break-even point in dollars. Compute the contribution margin ratio. Compute the margin of safety ratio. Determine the sales dollars required to earn net income of $180,000.

In 2012, Grant Co. sold 160,000 units of its product at a selling price of $40. The variable cost per unit was $30, and Grant reported net income for the year of $200,000. What was the amount of Grant's fixed costs for the year?

Mauro Products distributes a single product, a woven basket whose selling price is $14 per unit and whose variable expense is $10 per unit. The company's monthly fixed expense is $6,800. Required: 1. Calculate the company's break-even point in unit sales. 2. Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.) 1. Break-even point in unit sales 2. Break-even point in dollar sales baskets 3. Break-even point in unit sales baskets 3. Break-even point in dollar sales

Posters.com is a small Internet retailer of high-quality posters. The company has $810,000 in operating assets and fixed expenses of $162,000 per year. With this level of operating assets and fixed expenses, the company can support sales of up to $4,600,000 per year. The company’s contribution margin ratio is 10%, which means that an additional dollar of sales results in additional contribution margin, and net operating income, of 10 cents.    Required:   Complete the following table showing the relation between sales and return on investment (ROI).   What happens to the company’s return on investment (ROI) as sales increase? req 1  Complete the following table showing the relation between sales and return on investment (ROI). (Round your percentage answers to 2 decimal places.)         Sales Net Operating Income Average Operating Assets ROI $4,100,000 $248,000 $810,000   % $4,200,000   $810,000   % $4,300,000   $810,000   % $4,400,000…

Last year, Bread City had sales of 70,000 loaves resulting in revenues of $350,000. Variable costs were $3.50 per loaf, and fixed costs were $90,000. How many loaves must the company sell to earn $30,000?

Rugged Outfitters purchases one model of mountain bike at a wholesale cost of $520 per unit and resells it to end consumers. The annual demand for the company’s product is 49,000 units. Ordering costs are $500 per order and carrying costs are $100 per bike per year, including $40 in the opportunity cost of holding inventory. Q. Compute (a) the number of orders per year and (b) the annual relevant total cost of ordering and carrying inventory.

Team Spirit Calendars imprints calendars with college names. The company has fixed expenses of $1,065,000 each month plus variable expenses of $3.50 per carton of calendars. Of the variable expense, 71% is cost of goods sold, while the remaining 29% relates to variable operating expenses. The company sells each carton of calendars for $13.50. Read the requirements. Requirement 1. Compute the number of cartons of calendars that Team Spirit Calendars must sell each month to breakeven. Begin by determining the basic income statement equation. Variable expenses Sales revenue ... The breakeven sales is 106,500 cartons. Fixed expenses Using the basic income statement equation you determined above solve for the number of cartons to break even. = Operating income Requirement 2. Compute the dollar amount of monthly sales Team Spirit Calendars needs in order to earn $304,000 in operating income. Begin by determining the formula. Fixed expenses + Target operating income ( (Round the contribution…

Mauro Products distributes a single product, a woven basket whose selling price is $19 per unit and whose variable expense is $15 per unit. The company's monthly fixed expense is $11,200. Required: 1. Calculate the company's break-even point in unit sales. 2. Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.) 1. Break-even point in unit sales 2. Break-even point in dollar sales 3. Break-even point in unit sales 3. Break-even point in dollar sales baskets baskets