Question: 3 Exercise 3-3A (Algo) Contribution margin ratio LO 3-1 33 ints Zachary Company incurs annual fixed costs of $50,650. Variable costs for Zachary's product are

3 Exercise 3-3A (Algo) Contribution margin ratio LO 3-1 33 ints

3 Exercise 3-3A (Algo) Contribution margin ratio LO 3-1 33 ints Zachary Company incurs annual fixed costs of $50,650. Variable costs for Zachary's product are $31.05 per unit, and the sales price is $45.00 per unit. Zachary desires to earn an annual profit of $47,000. Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) eBook References Sales in dollars Sales volume in units

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Exercise 3-3A (Algo) Contribution margin ratio LO 3-1 Franklin Company incurs annual fixed costs of $92,650. Variable costs for Franklin's product are $24.80 per unit, and the sales price is $40.00...

Exercise 3-3A (Algo) Contribution margin ratio LO 3-1 Stuart Company incurs annual fixed costs of $84,600. Variable costs for Stuart's product are $30.00 per unit, and the sales price is $50.00 per...

Exercise 3-3A (Algo) Contribution margin ratio LO 3-1 Finch Company incurs annual fixed costs of $94,080. Variable costs for Finch's product are $29.70 per unit, and the sales price is $45.00 per...

Exercise 3-3A (Algo) Contribution margin ratio LO 3-1 Munoz Company incurs annual fixed costs of $84,660. Variable costs for Munoz's product are $24.80 per unit, and the sales price is $40.00 per...

Exercise 3-3A (Algo) Contribution margin ratio LO 3-1 Finch Company incurs annual fixed costs of $94,080. Variable costs for Finch's product are $29.70 per unit, and the sales price is $45.00 per...

Exercise 3-3A (Algo) Contribution margin ratio LO 3-1 Franklin Company incurs annual fixed costs of $57,550. Variable costs for Franklin's product are $31.50 per unit, and the sales price is $45.00...

Exercise 3 - 3 A ( Algo ) Contribution margin ratio LO 3 - 1 Walton Company incurs annual fixed costs of $ 8 7 , 6 5 0 . Variable costs for Walton's product are $ 2 6 . 0 0 per unit, and the sales...

Exercise 3-3A (Algal Contribution margin ratio LO 3-1 Baird Company incurs annual fixed costs of $110,000. Variable costs for Baird's product are $20.40 per unit, and the sales price is $30.00 per...

Exercise 21-7 (Algo) Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slams. Slams will sell for $315 per unit and cost $214.20 per unit in variable costs to make....

Exercise 18-9 (Algo) Contribution margin and break-even LO P2 3 Sunn Company manufactures a single product that sells for $185 per unit and whose variable costs are $148 per unit. The company's...

Students who wish to become chartered accountants (C.A.s) must pass a set of exams to qualify. Suppose that in Ontario, the pass rate is 75%.Candidates who fail the exams the first time may take them...

A homeowner buys a new refrigerator and a new air conditioner. Which one of these devices would you expect to have a higher COP? Why?

10. Life insurance policies typically have clauses stipulating the insurance company will not pay claims arising from suicide for a specified termtypically two years from the date the policy was...

Developing an internal communication plan requires departments to follow certain steps. The first step of this process requires the organisation to: ( Indicate all that apply. Incorrect selections...

List three absolute prerequisites that must exist before an organization should sign a consulting contract.

Why must an HR department have to be occasionally prodded to ensure that it operates on a proactive basis?

Can consultants replace outsourced activities? Why or why not?