Widget Co. produces widgets for customers. The company has provided the following financial information for the past year. Each scenario below is separate. Product Selling price per unit Sales Quantity Variable cost per unit Fixed costs Widgets $9.00 528,000 $2.00 $67,000 Do not enter dollar signs or commas in the input boxes. Round breakeven units up to the nearest whole number. Round breakeven sales to the nearest whole number. a) Calculate break-even units and break-even sales. Breakeven units = Breakeven sales = $ b) Suppose the company would like to generate an operating profit of $5,000. Determine the revenue that is needed to obtain this target, and calculate the number of units that need to be produced to meet this goal. Breakeven units = Breakeven sales = $ c) Suppose the company decides to lower the selling price from $9.00 per unit to $8.00 per unit. Calculate break-even units and break- even sales. Breakeven units = Breakeven sales = $ d) Suppose that fixed costs drop to $52,000 from $67,000. Calculate break-even units and break-even sales. Breakeven units = Breakevén sales = $

Coco Corp. manufactures boxes of chocolate candies. Its basic cost and profit information is summarized below: • Selling price per box: $12 • Variable cost per box: $6 • Fixed cost per year: $33,000 The company has the capacity to manufacture up to 100,000 boxes of its candy per year. a) Determine the net income at a volume of 30% of capacity. b) Determine the sales volume in dollars to generate a net income of $60,000. c) Determine the break-even point in units if the selling price is increased by 10%.

Lin Corporation has a single product whose selling price is $130 per unit and whose variable expense is $65 per unit. The company’s monthly fixed expense is $32,150. Lin Corporation has a single product whose selling price is $130 per unit and whose variable expense is $65 per unit. The company’s monthly fixed expense is $32,150. Required: 1. Calculate the unit sales needed to attain a target profit of $2,300. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,900. (Round your intermediate calculations to the nearest whole numb

Carla Vista Company produces a molded briefcase that is distributed to luggage stores. The following operating data for the current year has been accumulated for planning purposes. Sales price Variable cost of goods sold Variable selling expenses Variable administrative expenses Annual fixed expenses Overhead Selling expenses Administrative expenses (a) $80 * Your answer is incorrect. 21.20 24 Break even units $9,400,000 Carla Vista can produce 1.5 million cases a year. The projected net income for the coming year is expected to be $2,100,000. Carla Vista is subject to a 40% income tax rate. 6 1,550,000 During the planning sessions, Carla Vista's managers have been reviewing costs and expenses. They estimate that the company's variable cost of goods sold will increase 20% in the coming year and that fixed administrative expenses will increase by $120,000. All other costs and expenses are expected to remain the same. 3,250,000 Carla Vista Company's managers are considering expanding the…