Question: How do you work these problems out? A product sells for $210 per unit, and its variable costs per unit are $130. the fixed costs

How do you work these problems out?

A product sells for $210 per unit, and its variable costs per unit are $130. the fixed costs are $420,000. if the firm wants to break even, how many units must be sold?

a. 625 b. 5,280 c.500 d.5,875

A a product sells for $210 per unit, and its variable costs per unit are $130. the fixed costs are $420,000. If the firm wants to earn $50,000 net income before taxes, how many units must be sold?

A. 625 B. 5,280 C. 500 E. 5,875

Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year.

Units produced this year 25,000 units

Units sold this year 15,000 units

Direct materials $9 per unit

Direct labor $11 per unit

Variable overhead $75,000 in total

fixed overhead $137,500 in total

Given Advanced company data, compute cost per unit of finished goods under variable costing.

A. $20.00 B.$25.00 C. $21.88 D$23.00 E. $28.50

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!

answer these questions, thanks. Question 2 10 points Save Ans' Globe Industries manufactures a product used In the Telecom Industry. Ted Dawson, the company's purchasing manager, Is currently...

I have two study guides I have to complete and turn in by 9:30pm PST or 11:30CST etc ... I am making them two separate jobs but if you can accurately do both in the time frame, please do so! 1. Use...

1. Conan Company has total fixed costs of $112,000. Its product sells for $37 per unit and variable costs amount to $19 per unit. Next year Conan Company wishes to earn a pretax income that equals...

9/15 Check my work 9 QS 18-18 (Algo) Margin of safety in dollars and as a percent of sales LO C2 1.17 Zhao Company has fixed costs of $297,000. Its single product sells for $165 per unit, and...

71. A firm has excess capacity, and has received an order for 50 000 units at $20 each over and above its normal production activity of 600 000 units. To meet this order, new equipment at a cost of...

nowiconhect.htm Some apps could r Saved Help Save & Ch Zhao Co. has fixed costs of $275,600. Its single product sells for $161 per unit, and variable costs are $109 per unit Determine the break-even...

6 Zhao Company has fixed costs of $245,000. Its single product sells for $155 per unit, and variable costs are $106 per unit. If the company expects sales of 10,000 units, compute its margin of...

Henderson Co. has fixed costs of $21,000 and a contribution margin ratio of 30%. If expected sales are $100,000, what is the margin of safety as a percent of sales? 30%. 40%. 7%. 43%. 70%. Locus...

help? A company's only product sells for $125 per unit. Its variable costs per unit are $100, and its fixed costs total $75,000. What is it contribution margin per unit? O $50 O $250 O $25 O $150 O...

Given the important contributions of forests in providing both timber and ecosystem services, how would you manage U.S. public forests if you were in charge? Whose interests would you have to balance?

A silicon (Si) sample is doped with 108 Boron (B) atoms/cm at temperature 300 K. Answer the following questions. (a) What is the equilibrium electron concentration, no at 300 K? (2 marks) (b) Where...

Bubbles, Inc. has a return on equity of 1 2 % and its retention ration is 6 0 % . What is its sustainable growth rate?

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

Compare the Building Society job statement with a conventional job description. In what ways does it differ and how valuable might it prove for the employee?

How would you best sell the human resources function to the rest of the organisation?

Read the section on technology and draw up a list of advantages and disadvantages of using social media in the recruitment process.