Instructions: Whittier Company plans to sell 1,000 mowers at $400 each in the coming year. Total variable expense per unit is $325. Total fixed expense is $45,000. Required: 1. Calculate the sales revenue and units that Whittier Company must make to break even. 2. Check your answer by preparing a contribution margin income statement based on the break-even point calculated. 3. Find the new break units and sales even under the following conditions i. sales price increase by 25 % ii. variable expenses reduced by $25 iii. Fixed cost has increased by 20 %

Instructions: Whittier Company plans to sell 1,000 mowers at $400 each in the coming year. Total variable expense per unit is $325. Total fixed expense is $45,000. Required: 1. Calculate the sales revenue and units that Whittier Company must make to break even. 2. Check your answer by preparing a contribution margin income statement based on the break-even point calculated. 3. Find the new break units and sales even under the following conditions i. sales price increase by 25 % ii. variable expenses reduced by $25 iii. Fixed cost has increased by 20 %

Name: Please assist with the attached question. Instructions:Whittier Compan
Uploaded: 2022-05-24T13:26:03.000Z
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Description: Please assist with the attached question. Instructions:Whittier Company plans to sell 1,000 mowers at $400 each in the coming year.Total variable expense per unit is $325. Total fixed expense is $45,000.Required:1. Calculate the sales revenue and uni

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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