FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Hiren Add explanationarrow_forwardPerez Company incurs annual fixed costs of $120,540. Variable costs for Perez’s product are $27.90 per unit, and the sales price is $45.00 per unit. Perez desires to earn an annual profit of $63,000. RequiredUse the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. Do not round answer to the nearest whole numberarrow_forwardHilton Enterprises sells a product for $57 per unit. The variable cost is $29 per unit, while fixed costs are $206,976. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $62 per unit. a. Break-even point in sales units fill in the blank 1 units b. Break-even point if the selling price were increased to $62 per unit fill in the blank 2 unitsarrow_forward
- Steven Company has fixed costs of $175,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are as follows: Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit $1,225 $674 $551 238 158 The sales mix for products X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined. Round your intermediate calculations and final answers to the nearest whole number. units = X units Previous Next search 9:44 PM 53°F Cloudy #五 a. 12/6/2021 pause USE YOUR SMARTPHONE FOR Rovlews Videos Featursarrow_forwardSteven Company has fixed costs of $181,104. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit X $832 $312 $520 Y 430 230 200 The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. Round answers to the nearest whole number.fill in the blank 1 units of Xfill in the blank 2 units of Yarrow_forwardFerrante Company sells 15,000 units at $47 per unit. Variable costs are $31.96 per unit, and fixed costs are $76,700. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) fill in the blank 1 % b. Unit contribution margin (Round to the nearest cent.) $fill in the blank 2 per unit c. Income from operations $fill in the blank 3arrow_forward
- uality Containers Industries Inc. has fixed costs of $368,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company’s two products follow: Product Selling Price Variable Cost per Unit Contribution Margin per Unit AA $125 $85 $40 BB 90 40 50 The sales mix for Products AA and BB is 40% and 60%, respectively. Determine the break-even point in units of AA and BB. a. Product AA fill in the blank 1 unitsb. Product BB fill in the blank 2 unitsarrow_forwardHilton Inc. sells a product for $94 per unit. The variable cost is $63 per unit, while fixed costs are $142,228. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $100 per unit. a. Break-even point in sales units fill in the blank 1 units b. Break-even point if the selling price were increased to $100 per unit fill in the blank 2 unitsarrow_forwardSteven Company has fixed costs of $398,342. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit X $1,136 $426 $710 Y 495 265 230 The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. Round answers to the nearest whole number.units of X:units of Y:arrow_forward
- Rooney Corporation sells products for $38 each that have variable costs of $17 per unit. Rooney's annual fixed cost is $493,500. Required Use the per-unit contribution margin approach to determine the break-even point in units and dollars. Break-even point in units Break-even point in dollarsarrow_forward4.arrow_forwardSteven Company has fixed costs of $221,216. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per Unit Variable Cost per Unit Contribution Margin per UnitX $976 $366 $610Y 430 230 200The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. Round answers to the nearest whole number.units of Xunits of Yarrow_forward
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