[The following information applies to the questions displayed below.) Walton Company makes and sells products with...

Transcribed Image Text:

[The following information applies to the questions displayed below.) Walton Company makes and sells products with varlable costs of $24 each. Walton incurs annual fixed costs of $441,160. The current sales price is $106. Note: The requirements of this question are Interdependent. For example, the $328,000 desired profit Introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement o applies to the subsequent requirements. d. If the sales price drops to $80 per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req DI Reg D2 If the sales price drops to $80 per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) Sales volume in units Sales volume in dollars Re DI Req 02 > [The following information applies to the questions displayed below.) Walton Company makes and sells products with varlable costs of $24 each. Walton incurs annual fixed costs of $441,160. The current sales price is $106. Note: The requirements of this question are Interdependent. For example, the $328,000 desired profit Introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement o applies to the subsequent requirements. d. If the sales price drops to $80 per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req DI Reg D2 If the sales price drops to $80 per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. (Do not round intermediate calculations. Round your final answers to the nearest dollar and round units up to the next whole unit.) Sales volume in units Sales volume in dollars Re DI Req 02 >

Answer rating: 100% (QA)

Reg E1 Contribution margin per unit Sales price per unit Variable costs per unit 8... View the full answer