Sheridan Company is using the target cost approach on a new product. Information gathered so far is as follows: Expected annual sales 500000 units Desired profit per unit $0.39 Target cost $162000 What is the unit selling price? ○ $0.32 ○ $0.71 O $0.39 ○ $0.78
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- Marigold Corp. is using the target cost approach on a new product. Information gathered so far is as follows: Expected annual sales Desired profit per unit Target cost What is the unit selling price? O $0.30 O $0.64 O $0.62 O $0.32 500000 units $0.32 $150000Concord Corporation plans to introduce a new product and is using the target cost approach. Projected sales revenue is $1740000 ($6.00 per unit) and target costs are $1537000. What is the desired profit per unit? CCoC Cla O $0.70 O $3.00 O $5.30 O None of the aboveConcord Corporation plans to introduce a new product and is using the target cost approach. Projected sales revenue is $1740000 ($6.00 per unit) and target costs are $1537000. What is the desired profit per unit? O $0.70 O $3.00 O $5.30 O None of the above
- Mars Company has the following information: Total Fixed cost OMR 25000 Selling price per unit OMR 40 Variable cost per unit OMR 25, What will be the correct amount of Margin of safely at a profit of OMR 12000? Select one: O a. OMR 37000 b. OMR 30000 O c. OMR 19200 O d. OMR 32000A company would like to determine various costs and points to aid them in deciding whether to expand or not. If you are given the following information, compute the required amounts and / or figures.Selling price / unit = P100 Variable cost / unit = P70Annual fixed cost = P500,000 Compute 5. Sales in units to earn a profit of 10% of sales.If selling price $300 per unit Variable cost $250 per unit Fixed cost $50000 Required: a) What is the breakeven point per unit? b) What is the activity level to generate a profit of $40000? c) If the company budgets to sell 5000 units of a product. Calculate the margin of safety. d) Calculate the Contribution/Sales Ratio of the product. e) Find the breakeven point in sales revenue. f) Calculate the sales revenue that is required to generate a profit of $40000.
- If selling price $40 per unit Variable cost $25 per unit Fixed cost $45000 Required: a) What is the breakeven point per unit ? b)What is the activity level to generate a profit of $40000 c)If the company budgets to sell 5000 units of a product. Calculate the margin of safety. d) Calculate the contribution/Sales Ratio of the product. e)Find the breakeven point in sales revenue. f) Calculate the sales revenue that is required to generate a profit of $40000.If selling price $40 per unit Variable cost $25 per unit Fixed cost $45000 Required: a) What is the breakeven point per unit ? b)What is the activity level to generate a profit of $40000 c)If the company budgets to sell 5000 units of a product. Calculate the margin of safety. d) Calculate the contribution/Sales Ratio of the product. e)Find the breakeven point in sales revenue. f) Calculate the sales revenue that is required to generate a profit of $40000. NB: Please to answer question a-f seperatelyAssume the following data for Mother Earth LLC: Unit Selling Price $ 230.00 Unit Variable Cost $ 145.00 Fixed Cost $ 62,500.00 Target Profit $ 120,000.00 A) Calculate the unit contribution margin ANS: $ B) How many units must be sold to attain an operating income (Target Profit) of $120,000? ANS:UNITS Break Even Point Units C) Calculate the number of units that must be sold to break-even. Round to the nearest unit. ANS: UNITS Break Even Point Dollar's D) Calculate how much money in Sales must be generated to break-even. ANS: $
- If selling price $300 per unit Variable cost $250 per unit Fixed cost $50000 Required: If selling price $300 per unit Variable cost $250 per unit Fixed cost $50000 Required: d) Calculate the Contribution/Sales Ratio of the product. e) Find the breakeven point in sales revenue. f) Calculate the sales revenue that is required to generate a profit of $40000.Find out BEP in units and value with the following data:Fixed cost - $50000Variable cost - $40 per unitSelling Price - $80 per unitCalculate:1) What will be the profit when the sales is $1000002) What will be the amount of sales if it desires to earn a profit of $15000Compute for what is being asked1. Unit selling price P800 unit variable cost P350 annual sales volume, 620 units, fixed costs and expenses P200,000 per year. Compute the following.a. Contribution margin per unitb. Contribution margin percentagec. BEP sales volume (units)d. BEP peso salee. Operating income (BIT)using the break even salef. Operating income (EBIT) using the annual sales volume