FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- 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
- Steven 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_forwardOlmstead Company has fixed costs of $459,200. 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 QQ $40 $15 $25 ZZ 60 25 35 The sales mix for Products QQ and ZZ is 70% and 30%, respectively. Determine the break-even point in units of QQ and ZZ. a. Product QQ fill in the blank 1 unitsb. Product ZZ fill in the blank 2 unitsarrow_forwardHarry Company sells 37,000 units at $44 per unit. Variable costs are $36.52 per unit, and fixed costs are $96,900. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) per unit C. Operating incomearrow_forward
- Steven Company has fixed costs of $365,640. 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 $1,408 $528 $880 Y 710 380 330 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_forwardViva sells its waterproof phone case for $124 per unit. Fixed costs total $247,000, and variable costs are $37 per unit. (1) Determine the contribution margin ratio. Contribution margin Contribution Margin Ratio Numerator: (2) Determine the break-even point in dollars. Numerator: 1 1 1 1 per unit Denominator: Denominator: = Contribution Margin Ratio Contribution margin ratio = = Break-Even Point in Dollars Break-even point in dollars 0 0arrow_forwardSteven Company has fixed costs of $431,844. 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 $1,344 $504 $840 Y 710 380 330 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 Yarrow_forward
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