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Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Belham Company produces and sells disposable foll baking pans to retailers for $2.80 per pan. The variable cost per pan is as follows: Direct materials Direct labor Variable factory overhead Variable selling expense 0.15 Fixed manufacturing cost totals $225,702 per year. Administrative cost (all fixed) totals $30,777. Required: 1. Compute the number of pans that must be sold for Belham to break even. Break-even units $0.32 0.56 0.70 pans 2. Conceptual Connection: What is the unit variable cost? What is the unit variable manufacturing cost? Round your answers to the nearest cent. Unit variable cost Unit variable manufacturing cost Which is used in cost-volume-profit analysis? 3. How many pans must be sold for Belham to earn operating income of $12,0917 pans 4. How much sales revenue must Belham have to earn operating income of $12,0917

Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Belham Company produces and sells disposable foll baking pans to retailers for $2.80 per pan. The variable cost per pan is as follows: Direct materials Direct labor Variable factory overhead Variable selling expense 0.15 Fixed manufacturing cost totals $225,702 per year. Administrative cost (all fixed) totals $30,777. Required: 1. Compute the number of pans that must be sold for Belham to break even. Break-even units $0.32 0.56 0.70 pans 2. Conceptual Connection: What is the unit variable cost? What is the unit variable manufacturing cost? Round your answers to the nearest cent. Unit variable cost Unit variable manufacturing cost Which is used in cost-volume-profit analysis? 3. How many pans must be sold for Belham to earn operating income of $12,0917 pans 4. How much sales revenue must Belham have to earn operating income of $12,0917

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Belham Company produces and sells disposable foil baking pans to retailers for $2.80 per pan. The variable cost per pan is as follows: Direct materials Direct labor Variable factory overhead Variable selling expense 0.15 Fixed manufacturing cost totals $225,702 per year. Administrative cost (all fixed) totals $30,777. Required: 1. Compute the number of pans that must be sold for Belham to break even. I Break-even units $0.32 0.56 0.70 pans 2. Conceptual Connection: What is the unit variable cost? What is the unit variable manufacturing cost? Round your answers to the nearest cent. Unit variable cost Unit variable manufacturing cost Which is used in cost-volume-profit analysis? 3. How many pans must be sold for Belham to earn operating income of $12,091? pans 4. How much sales revenue must Belham have to earn operating income of $12,091?
Transcribed Image Text:Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Belham Company produces and sells disposable foil baking pans to retailers for $2.80 per pan. The variable cost per pan is as follows: Direct materials Direct labor Variable factory overhead Variable selling expense 0.15 Fixed manufacturing cost totals $225,702 per year. Administrative cost (all fixed) totals $30,777. Required: 1. Compute the number of pans that must be sold for Belham to break even. I Break-even units $0.32 0.56 0.70 pans 2. Conceptual Connection: What is the unit variable cost? What is the unit variable manufacturing cost? Round your answers to the nearest cent. Unit variable cost Unit variable manufacturing cost Which is used in cost-volume-profit analysis? 3. How many pans must be sold for Belham to earn operating income of $12,091? pans 4. How much sales revenue must Belham have to earn operating income of $12,091?
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