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.)

NUBD Co. plans to market a new product. Based on its market studies. It estimates that it can sell 70,000 units in 2021. The selling price per unit is P2.00. Variable cost ratio is 40% of sales. Fixed Costs are estimated to be P60,000.  1. Compute the break even point in units 2. Compute the break even point in sales pesos.

A company operates in a competitive marketplace. They look to the market to determine their selling price.  It looks like the market will bear a price of $438.  The company has a goal of earning 10% return on sales on each unit.  What would their target cost be?  Round your answer to the nearest whole dollar.

Trailblazer Company sells a product for $270 per unit. The variable cost is $110 per unit, and fixed costs are $1,056,000. Determine (a) the break-even point in sales units and (b) the break-even point in sales units if the company desires a target profit of $190,080. a.  Break-even point in sales units fill in the blank 1 units b.  Break-even point in sales units if the company desires a target profit of $190,080 fill in the blank 2 units