McKnight Company sells flags with team logos. McKnight has fixed costs of $180,000 per year plus variable costs of $4.00 per flag. Each flag sells for $10.00.   Read the requirements LOADING... .   Requirement 1. Use the equation approach to compute the number of flags McKnight must sell each year to break even.   ​First, select the formula to compute the required sales in units to break even.     -   -   = Target profit Requirements 1. Use the equation approach to compute the number of flags McKnight must sell each year to break even. 2. Use the contribution margin ratio approach to compute the dollar sales McKnight needs to earn $18,000 in operating income for the year.​ (Round the contribution margin ratio to two decimal​ places.) 3. Prepare McKnight​'s contribution margin income statement for the year ended December 31​, for sales of 23,000 flags.​ (Round your final answers up to the next whole​ number.) 4. The company is considering an expansion that will increase fixed costs by 40% and variable costs by $1.00 per flag. Compute the new breakeven point in units and in dollars. Should McKnight undertake the​ expansion? Give your reasoning.​ (Round your final answers up to the next whole​ number.)

Sheridan Recreation Products sells the Amazing Foam Frisbee for $19. The variable cost per unit is $6; fixed costs are $26,000 per month. (a) Your Answer Correct Answer Your answer is correct. What is the breakeven point in units? In sales dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars. Round answers to O decimal places, eg. 5,275) The breakeven point The breakeven sales (b) eTextbook and Media Solution $ eTextbook and Media Save for Later 2000 frisbees 38000 How many frisbees must Sheridan sell to earn $39,000 in monthly operating income? (Round answer to O decimal places, eg. 5,275) frisbees Attempts: unlimited Attempts: unlimited Submit Ar (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above.

Nytre Limited sells executive office chairs for a price of $195 each. The contribution margin ratio of the chairs is 60% and the company’s fixed costs for this year are expected to be $80,000. The company has a profit target this year of $85,000 and is considering an improved design which is expected to increase sales.  Question 13: How many chairs must the company sell to reach its profit target?

D) Nuevo Company manufactures a product which sells for P5. At present, the company produces and sells 50,000 units per year. Unit variable manufacturing and marketing expenses are P2.50 and P.50 respectively. Fixed expenses are P70,000 for tactonY overhead and P30,000 for marketing and administration. The sales manager hos proposed that the price be increased to P6. To maintain the present sales volume. advertising must be increased. The company's profit objective is 10% of sales. 2. Compute the additional expenditure the company can afford for advertising. E) The annuUal FC amounted to P798,000. At present, the contribution margin ratio is 42%. 3. Determine the amount of sales if the desired profit is P173,800 net of the ff. fax rates: For the first P100,000 25% In excess of P100,000 35% F) Bosh Company expects to incur the following costs to produce and sell 70,000 units of its product: Variable manufacturing cost Fixed manufacturing cost Variable marketing expense Fixed marketing…