A furniture manufacturer specializes in wood tables. The tables sell for $150 per unit and incur...
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A furniture manufacturer specializes in wood tables. The tables sell for $150 per unit and incur $60 per unit in variable costs. The company has $14,400 in fixed costs per month. The company desires to earn an operating profit of $17,100 per month. (Abbreviation used; CM = contribution margin.) Read the requirements. 10. Calculate the required sales in units to earn the target profit using the equation method. First, select the formula to compute the target profit. Rearrange the formula you determine above and compute the required sales in units. The required sales in units to earn the target profit using the equation method is 11. Calculate the required sales in units to earn the target profit using the contribution margin method. = Required sales in units. ( 12. Calculate the required sales in dollars to earn the target profit using the contribution margin ratio method. Select the formula labels and then enter the amounts to compute the required sales in dollars. = Required sales in dollars ( ( )/ )/ = % Target profit Requirements 10. Calculate the required sales in units to earn the target profit using the equation method. 11. Calculate the required sales in units to earn the target profit using the contribution margin method. 12. Calculate the required sales in dollars to earn the target profit using the contribution margin ratio method. 13. Calculate the required sales in units to break even using the contribution margin method. Print Done 13. Calculate the required sales in units to break even using the contribution margin method. Select the formula labels and then enter the amounts to compute the required sales in units to break even using the contribution margin method. (Complete all cells. For items with a zero value, enter "0".) Required sales in units A furniture manufacturer specializes in wood tables. The tables sell for $150 per unit and incur $60 per unit in variable costs. The company has $14,400 in fixed costs per month. The company desires to earn an operating profit of $17,100 per month. (Abbreviation used; CM = contribution margin.) Read the requirements. 10. Calculate the required sales in units to earn the target profit using the equation method. First, select the formula to compute the target profit. Rearrange the formula you determine above and compute the required sales in units. The required sales in units to earn the target profit using the equation method is 11. Calculate the required sales in units to earn the target profit using the contribution margin method. = Required sales in units. ( 12. Calculate the required sales in dollars to earn the target profit using the contribution margin ratio method. Select the formula labels and then enter the amounts to compute the required sales in dollars. = Required sales in dollars ( ( )/ )/ = % Target profit Requirements 10. Calculate the required sales in units to earn the target profit using the equation method. 11. Calculate the required sales in units to earn the target profit using the contribution margin method. 12. Calculate the required sales in dollars to earn the target profit using the contribution margin ratio method. 13. Calculate the required sales in units to break even using the contribution margin method. Print Done 13. Calculate the required sales in units to break even using the contribution margin method. Select the formula labels and then enter the amounts to compute the required sales in units to break even using the contribution margin method. (Complete all cells. For items with a zero value, enter "0".) Required sales in units
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olution 10 Sales 150X 90X 90X 90X X X 11 Target Profit Fixed Cos... View the full answer
Related Book For
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
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