Wexford Industrial Supply is considering a new project with estimated depreciation of $27,000 and fixed costs of $32,000. The accounting break-even level of sales is $67,160 and the average variable costs per unit are $4.80. What is the accounting break-even quantity? Multiple Choice 12,292 units 6,667 units 1,700 units 5,625 units 13,992 units

Wexford Industrial Supply is considering a new project with estimated depreciation of $27,000 and fixed costs of $32,000. The accounting break-even level of sales is $67,160 and the average variable costs per unit are $4.80. What is the accounting break-even quantity? Multiple Choice 12,292 units 6,667 units 1,700 units 5,625 units 13,992 units

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

You are considering opening a copy service in thestudent union. You estimate your fixed cost at $15,000 and thevariable cost of each copy sold at $.01. You expect the sellingprice to average $.05.a) What is the break-even point in dollars?b) What is the break-even point in units? PX• • S7.23 An electronics firm is currently manufacturing anitem that has a variable cost of $.50 per unit and a selling priceof $1.00 per unit. Fixed costs are $14,000.
Campbell Company has fixed costs of $200,000, sales price of $50, and variable cost of $30 per unit. How many units must be sold to earn profit of $50,000? O a. 10,000 O b. 12,500 2,500 O d. 25,000 O c. pen.uwi.edu/mod/quiz/attempt.php?attempt=63242&cmid=99810&page=16# ere to search $ O 81 $30 O # 31 6 E
• Calculate the revenue needed to earn a target operating income of $102,000. • If fixed costs increase by $19,000, what decrease in variable cost per person must be achieved to maintain the breakeven point calculated in requirement 1? • The general manager at Lifețime Escapes proposes to increase the price of the package tour to $8,200 to decrease the breakeven point in units. Using information in the original problem, calculate the new breakeven point in units. What factors should the general manager consider before deciding to increase the price of the package tour?
Question 1. A company wants to produce a new product. In order to produce this product, the fixed cost is $40,000 and the variable cost is $15 per product. a. Assume that the purchase price for the product is $55, and the estimated demand for this product is 2000 units. Then, what is your suggestion to the company? To produce or not, and if yes, how many? [provide your reasonings] b. Answer part (a) but with an estimated demand of 900 units. [provide your reasonings] c. Assume that demand depends on the purchase price so that it would be 1000 and 2000 if the purchase price is $100 and $55 respectively. Then, what purchase price do you suggest to the company? [provide your reasonings]
ageNOWv2 | Online teachin X + m/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress... A F Variable costs as a percentage of sales for Lemon Inc. are 72%, current sales are $610,000. and fixed costs are $191,000. How much will income from operations change if sales increase by $48,900? Oa. $13,692 decrease Ob. $13,692 increase Oc. $35,208 decrease. Od. $35,208 increase D Q 10+
Company XYZ is currently producing and selling 20,000 units. The selling price per unit is $9 while the variable cost ratio is 20%. Assuming total fixed costs of $30,000, what is the margin of safety in ($) value? О а. 142,500 O b. None of the given answers O c. 82,500 O d. 102,500 O e. 122,500 to search O A n W 11:34 A D A dx ENG 22-05-2021 brt sc snd delete home 24 96 5 + backspace num lock R T Y 7 V 8A home D F H K 5 0 enter pause B + shift 11 2 S end alt ctrl
Assume the local DHL delivery service hub has the following information available about fleet miles and operating costs: Year Miles Operating Costs 2012 556,000 $182,000 2013 684,000 214,000 Use the high-low method to develop a cost-estimating equation for total annual operating costs. (Let X = annual fleet miles.) Total annual costs = $0 +$ 0
Fill in the blanks: There is a fixed cost of 50,000 dollars to start a production process. Once the process has begun, the variable cost per unit is 25 dollars. The revenue per unit is projected to be 45 dollars. Write an expression for total profit. Answer should be in this format (do not use comma): P(x) = 12x - (10000 + 12x) Continue>
For Bramble Corp. at a sales volume of 4000 units, sales revenue is $71000, variable costs total $48000, and fixed expenses are $21000. What is the unit contribution margin? $5.75 $5.25 O $12.50 O $12.00 Save for Later Attempts: 0 of 1 used Submit Answer
(Please answer question 2) Management believes it can sell a new product for $8.50. The fixed costs of production are estimated to be $6,000, and the variable costs are $3.20 a unit. Complete the following table at the given levels of output and the relationships between quantity and fixed costs, quantity and variable costs, and quantity and total costs. Quantity Total Revenue Variable Costs Fixed Costs Total Costs Profits (Loss) 0 500 1,000 1,500 2,000 2,500 3,000 2. Determine the break-even level using the above table and use the following Equation to confirm the break-even level of output. PQB = FC + VQB PQB - VQB = FC QB (P-V) = FC QB = FC P-V 3. What would happen to the total revenue schedule, the total cost schedule, and the break-even level of output if…
please solve the sub-parts to be solved. thanks Ziggy Creations makes and sells a single product. Individual product details are as follows: Selling price $ 45 Direct materials $20 Direct labour $10 Fixed Costs $480 000 Estimated sales 36 000 units Production capacity 40 000 units d) If Ziggy’s required a profit of $90 000, what level of sales dollars would be required? e) Variable costs are to increase by $5 per unit. If Ziggy’s wants to maintain a profit of $90,000, what will be the required sales volume? Can Ziggy’s achieve this new estimated sales volume?
Fill in the blanks There is a fixed cost of 50,000 dollars to start a production process. Once the process has begun, the variable cost per unit is 25 dollars. The revenue per unit is projected to be 45 dollars. Write an expression for total revenue R(x). Answer should be in this format: R(x) = 12x