Walton Company makes and sells products with variable costs of $24 each. Walton incurs annual fixed...
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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 applies to the subsequent requirements. f. If variable cost rises to $30 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 F1 Req F2 If variable cost rises to $30 per unit, what level of sales is required to earn the desired profit? (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 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 applies to the subsequent requirements. f. If variable cost rises to $30 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 F1 Req F2 If variable cost rises to $30 per unit, what level of sales is required to earn the desired profit? (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
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Answer rating: 100% (QA)
Req E1 Contribution margin per unit Sales price per unit Variable costs per unit 8... View the full answer
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
Posted Date:
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