Walton Company makes and sells products with variable costs of $24 each. Walton incurs annual fixed...

 

Transcribed Image Text:

Walton Company makes and sells products with variable 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 d apples to the subsequent requirements. e. If fixed costs drop to $318,000, what lievel 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. Reg El Reg E2 If ixed costs drop to $318,000, 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 Gales volume in dollars Walton Company makes and sells products with variable 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 d apples to the subsequent requirements. e. If fixed costs drop to $318,000, what lievel 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. Reg El Reg E2 If ixed costs drop to $318,000, 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 Gales volume in dollars

Answer rating: 100% (QA)

Contribution margin per unit Selling price per unit Variable cost per unit 80 30 50 per unit Req... View the full answer