Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. The company's annual fixed costs are $562,500. Management targets an annual pretax income of $1,012,500. 1. Compute the contribution margin per unit 2. Compute the contribution margin ratio 3. Compute the breakeven point in units 4. Compute the breakeven sales S 5. Compute the number of units that must be sold to achieve the targeted income 6. Compute the sales S required to achieve the targeted income Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. The company's annual fixed costs are $562,500. Management targets an annual pretax income of $1,012,500. 1. Compute the contribution margin per unit 2. Compute the contribution margin ratio 3. Compute the breakeven point in units 4. Compute the breakeven sales S 5. Compute the number of units that must be sold to achieve the targeted income 6. Compute the sales S required to achieve the targeted income
Expert Answer:
Answer rating: 100% (QA)
1 Contribution margin per unit Selling price per unit Variabl... View the full answer
Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
Posted Date:
Students also viewed these accounting questions
-
Blanchard Company manufactures a single product that sells for $ 180 per unit and whose total variable costs are $ 135 per unit. The companys annual fixed costs are $ 562,500. (1) Use this...
-
Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. The company's annual fixed costs are $562,500. Prepare a CVP chart for...
-
Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $135 per unit. The company's annual fixed costs are $562,500. Management targets an...
-
Avid Corporation manufactures a sophisticated controller that is compatible with a variety of gaming consoles. Excluding rework costs, the cost of manufacturing one controller is $ 220. This consists...
-
Prezo Company purchased 80% of Satz Companys common stock for $880,000 on January 2, 2011. Condensed financial information for Prezo Company and Satz Company is given below. On July 1, 2011, Prezo...
-
The difference p in pressure in a fluid between that at the surface and that at a point below varies jointly as the density d of the fluid and the depth h of the point. The density of water is 1000...
-
Define the following terms: (i) an environmental management system; (ii) an internal environmental audit; (iii) an external verification (or assurance) engagement.
-
Weston Corporation has an internal audit department operating out of the corporate headquarters. Various types of audit assignments are performed by the department for the eight divisions of the...
-
As you lead your organization's performance management efforts, your chief human resources officer has real concerns about the buy-in among your staff. She has come to you to share her thoughts. With...
-
Suppose that Sasha and Jayla both collect data to investigate whether people tend to call heads more often than tails when they are asked to call the result of a coin flip. If Sasha has a smaller...
-
11. This is a more difficult but informative problem. James Brodrick & Sons, Inc. is growing rapidly and, if at all possible, would like to finance its growth without selling new equity. Selected...
-
How might astute bondholders react if stockholders take on risky projects?
-
What is a transaction cost when it is used within the context of internalizing or correcting market failure? Provide example(s).
-
Consider a DEA model for a university system. What do you believe are the five most important inputs? What are the three most important outputs? Discuss how you would measure them.
-
Would you expect a portfolio that consisted of the NYSE stocks to be more or less risky than a portfolio of NASDAQ stocks?
-
There are many widely used classical distances like the Hausdorff distance between non-empty compact subsets of a set in a metric space \((M, d)\) or the Frchet distance between continuous curves. Do...
-
determine the stock turnover for a 6 month period feb $20,000.00 $32,000.00 mar $28,000.00 $38,000.00 apr $27,000.00 $35,000.00 may $24,000.00 $36,000.00 jun $18,000.00 $29,000.00 jul $23,000.00...
-
The manager of a local convenience store is expanding his line of small toy items. To price these new items, the manager is looking at the prices being charged by competing retailers in his area. For...
-
Handy Home sells windows and doors in the ratio of 8:2 (windows: doors). The selling price of each window is $200 and of each door is $500. The variable cost of a window is $125 and of a door is...
-
Woh Che Co. has four departments: materials, personnel, manufacturing, and packaging. In a recent month, the four departments incurred three shared indirect expenses. The amounts of these indirect...
-
The following supplementary records summarize Tosca Companys merchandising activities for year 2013. Set up T- accounts for Merchandise Inventory and Cost of Goods Sold. Then record the summarized...
-
Explain the building blocks of accounting: ethics, principles, and assumptions.
-
On May 1, 2025, Park Flying School Ltd., a company that provides flying lessons, was started with an investment of 45,000 cash in the business. Following are the assets and liabilities of the company...
-
The historical cost basis results in: a. initially recording assets at cost and adjusting when the current value changes. b. keeping activities of an entity separate and distinct from its owner. c....
Study smarter with the SolutionInn App