Juniper Enterprises sells handmade clocks. Its variable cost per clock is $12.50, and each clock sells...
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Juniper Enterprises sells handmade clocks. Its variable cost per clock is $12.50, and each clock sells for $25.00. The company's fixed costs total $8,500. How many units must Juniper sell to earn a profit of at least $9,125? Sales Units Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear Total fixed cost per month 26.50 2,400.00 Variable cost per bear 10.50 If she sells 294 bears next month, determine the margin of safety in units, sales dollars, and as a percentage of sales. (Round your intermediate calculations to the nearest whole number and round your "Percentage of Sales" answer to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) Margin of safety (Units) Margin of safety (Dollars) Percentage of sales % Juniper Enterprises sells handmade clocks. Its variable cost per clock is $12.50, and each clock sells for $25.00. The company's fixed costs total $8,500. How many units must Juniper sell to earn a profit of at least $9,125? Sales Units Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear Total fixed cost per month 26.50 2,400.00 Variable cost per bear 10.50 If she sells 294 bears next month, determine the margin of safety in units, sales dollars, and as a percentage of sales. (Round your intermediate calculations to the nearest whole number and round your "Percentage of Sales" answer to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) Margin of safety (Units) Margin of safety (Dollars) Percentage of sales %
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Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
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