Z Co manufactures a single product that has a selling price of $140. The variable labor expenses
Question:
Z Co manufactures a single product that has a selling price of $140. The variable labor expenses are $38,000 and the material costs are $16,000. The company's fixed expenses are $34,000 per month. The company made and sold 500 products. What is contribution margin PER UNIT during the period? Show your work.
Madison Co. sells a single product that has a selling price of $40 and variable expense of $22 per unit. The company's fixed expenses are $72,000 per month. What is the company's breakeven point in UNITS for a month? Show your work.
ABC Co. sells a single product that has a selling price of $25 and variable expense of $15 per unit. The company's fixed expenses are $12,000 per month. What is the company's breakeven point in SALES DOLLARS? Show your work.
Frank Co. sells a single product that has a selling price of $90 and variable expense of $70 per unit that is recorded in cost of goods sold. The company's fixed expenses are $22,000 per month that are recorded as an operating expense. The company sold 2,000 units this month What is: A. Gross profit dollars B. Gross profit percentage C. Operating profit dollars
D. Operating profit percentage Show your work.
Barbour Co expects to sell 5,000 units during the month resulting in: Sales
$ 70,000
Variable Expenses
45,000
Fixed Expenses
$ 8,000
Should the company raise the price by 8% if they believe unit sales will decrease 20% as a result of the price increase? Show your work.