The following information pertains to the Lurkins Company: Sales price per unit $ 300 Variable cost per unit $ 220 Total fixed costs $ 5,00,000 $ 1,00,000 Net income What were unit sales for the company? a. 7,500 b. 2,727 c. 2,000 d. 1,667

The following information pertains to the Lurkins Company Sales price per unit $ 160 Variable cost per unit $ 110 Total fixed costs $250,000 Net income $ 50,000 Unit sales for the company must have been: Select one: O a. 1,000 O b. 1,875 O c. 2,727 O d. 6,000 diront

The following income statement is provided for grante solve this question

A company has assessed the profitability of its three products as shown here: Product A Product B Product C Total Sales (units) 3,000 5,000 2,000 10,000 £ £ Price 15.00 10.00 5.00 Variable costs 6.00 4.00 3.00 Divisible fixed costs 2.00 1.00 0.50 Non-divisible fixed costs 2.00 2.00 2.00 Profit/(Loss) 5.00 3.00 (0.50) As a result of this, it has been suggested that Product C should be dropped. All other things being equal what would be the financial impact of dropping Product C? A B Profit would increase by £1,000. Profit would increase by £2,000. Profit would fall by £3,000. C D Profit would fall by £4,000. £

solve this account query

Compute the missing amounts in the contribution income statement shown below: (Round "Per Unit" answers to 2 decimal places.) Company B 2,500 Number of units sold Sales Variable costs Contribution margin Fixed costs Income Company A Total Per unit $ 567,100 $ 107.00 360,400 $ 132,500 Total 155,000 212,500 77,500 Per unit

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Complete the Table Total Total Unit Selling Total Fixed Variable Variable Price Revenue of Costs Costs Cost Output ? ? $5,000 $6,600 $2,000 ? $18,000 ? 2 $45,000 ? $94,050 ? $5 ? ? ? $75.24 $13 $10 $75 ? ? 2 ? $10,000 $60,000 Level Net Income Rate $4,000 ?$14,500 $84,600 1,800 $78,000 3,000 $18,000 ? ?-$19,500 Contribution Unit Show Transcribed Text ? ? 35% ? 38% Contribution Margin $7.50 ? $13 ? can anyone help me doing this in easiest and less confusing way

The following information is for Alex Corp:                 Product X: Revenue                                            $12.00                         Variable Cost                                                   $4.50                 Product Y: Revenue                                            $44.50                         Variable Cost                                                   $9.50                 Total fixed costs                                                 $75,000 What is the breakeven point assuming the sales mix consists of two units of Product X and one unit of Product Y?

18. Assume the company's monthly target profit is $17,000. The dollar sales to attain that target profit is closest to:A. $387,392B. $635,069C. $671,925D. $993,313