None Roosevelt Corporation has a weighted-average unit contribution margin of $40 for its twoproducts, Standard and Supreme. Expected sales for Roosevelt are 40,000 Standard and60,000 Supreme. Fixed expenses are $1,800,000. How many Supreme would Roosevelt sellat the break-even point?18,00027,00030,00045,000

Break even point:— It is the point of production where total cost is equal to total revenue. At this…

Answered: Roosevelt Corporation has a…

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter10: Cost Analysis For Management Decision Making

Section: Chapter Questions

Problem 13E

See similar textbooks

Similar questions

Faldo Company produces a single product. The projected income statement for the coming year, based on sales of 200,000 units, is as follows: Required: 1. Compute the unit contribution margin and the units that must be sold to break even. Suppose that 30,000 units are sold above the break-even point. What is the profit? 2. Compute the contribution margin ratio and the break-even point in dollars. Suppose that revenues are 200,000 greater than expected. What would the total profit be? 3. Compute the margin of safety in sales revenue. 4. Compute the operating leverage. Compute the new profit level if sales are 20 percent higher than expected. 5. How many units must be sold to earn a profit equal to 10 percent of sales? 6. Assume the income tax rate is 40 percent. How many units must be sold to earn an after-tax profit of 180,000?
Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are $15,250. Delta Co.s tax rate is 36% and the company wants to earn $44,000 after taxes. What would be Deltas desired pre-tax income? What would be break-even point in units to reach the income goal of $44,000 after taxes? What would be break-even point in sales dollars to reach the income goal of $44000 after taxes? Create a contribution margin income statement to show that the break-even point calculated in B, generates the desired after-tax income.
Assume MIX Incorporated has sales volume of $1,162,000 for two products with May sales and contribution margin ratios as follows: Product A: Sales $454,000; Contribution Margin Ratio 30% Product B: Sales $708,000; Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $318,000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume. Note: Round "Average contribution margin ratio" answer to 2 decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar. Total contribution margin Operating income Average contribution margin ratio Breakeven sales volume %
Concord Corporation has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expected sales for Concord are 10000 Standard and 90000 Supreme. Fixed expenses are $2100000. How many Standards would Concord sell at the break- even point? 63000. O 10000. 70000. 7000.
NUBD Co. incurs annual fixed costs of P250,000 in producing and selling a single product. Estimated unit sales are 125,000. An after-tax income of P75,000 is desired by management. The company projects its income tax rate at 25 percent. What is the maximum amount that NUBD can expend for variable costs per unit and still meet its profit objective if the sales price per unit is estimated at P6?
Concord Corporation has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expected sales for Concord are 10000 Standard and 90000 Supreme. Fixed expenses are $2100000. How many Standards would Concord sell at the break-even point? 7000. 10000. 63000. 70000.
Roosevelt Corporation has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expected sales for Roosevelt are 40,000 Standard and 60,000 Supreme. Fixed expenses are $1,800,000. How many Standards would Roosevelt sell at the break-even point? Group of answer choices 24,000 60,000 36,000 40,000
The following annual information is for Bressler Corporation: Product X Revenue per unit: $10.00 Variable cost per unit: $5.00 Total fixed costs: $100,000 How many units the company has to sell to achieve an after tax income of $75,000 if the income tax rate is 25%?
The sales mix percentages for National Co.’s X and Y Divisions are 70% and 30%. The contribution margin ratios are: X (40%) and Y (30%). Fixed costs are P555,000. What is National Co.’s break-even point in pesos?
In 20A, Santos presented total variable costs at $687.50; total fixed costs at $6,750,000; sales price per unit $1,250; sold 20,000 units; tax rate at 40%. What is the required sales amount to equal 20A net income after tax if the company is the entity is to spend $562,500 in 20B? $22,250,000 $24,450,000 $26,250,000 None of the above
The following annual information is for Dexter Corporation: Product A Revenue per unit: $20.00 Variable cost per unit: $15.00 Total fixed costs: $100,000 How many units does the company have to sell to achieve an after tax income of $75,000 if the income tax rate is 25%?
Golden Corporation contemplates to market a new product. Estimated fixed costs is P1,000,000. The variable costs ratio is 60%. if the product is to be sold at P25 per unit, how many units should the company sell to earn a net income of P200,000?

SEE MORE QUESTIONS

Recommended textbooks for you

Principles of Cost Accounting

Accounting

ISBN:

9781305087408

Author:

Edward J. Vanderbeck, Maria R. Mitchell

Publisher:

Cengage Learning

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

Cornerstones of Cost Management (Cornerstones Ser…

Accounting

ISBN:

9781305970663

Author:

Don R. Hansen, Maryanne M. Mowen

Publisher:

Cengage Learning

Principles of Cost Accounting

Accounting

ISBN:

9781305087408

Author:

Edward J. Vanderbeck, Maria R. Mitchell

Publisher:

Cengage Learning

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

Cornerstones of Cost Management (Cornerstones Ser…

Accounting

ISBN:

9781305970663

Author:

Don R. Hansen, Maryanne M. Mowen

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS