Managerial Accounting

posted by THE AMAZING WIZARD

Embleton Company estimates that variable costs will be 40% of sales, and fixed costs will total $975,400. The selling price of the product is $6.

(a) Compute the following: (Round all answers to 0 decimal places. You will need to round contribution margin to 2 decimal places for computational purposes.)
Breakeven sales in units units

Breakeven sales in dollars $


(b) Assume actual sales are $2,368,000
Margin of safety in dollars $

Margin of safety ratio %



please help me with these problemd......
1)

Respond to this Question

First Name

Your Answer

Similar Questions

  1. accounting

    This year , Kirby company sold 35,000 units of production at $16 per unit. Maunfactoring and selling the product required $120,000 of mixed manufacturing costs and $180,000 of fixed selling and administrative expenses. This years variable …
  2. accounting

    This year , Kirby company sold 35,000 units of production at $16 per unit. Maunfactoring and selling the product required $120,000 of mixed manufacturing costs and $180,000 of fixed selling and administrative expenses. This years variable …
  3. accounting

    This year , Kirby company sold 35,000 units of production at $16 per unit. Maunfactoring and selling the product required $120,000 of mixed manufacturing costs and $180,000 of fixed selling and administrative expenses. This years variable …
  4. accounting

    "Harris Company manufactures and sells a single product. A partically completed schedule of the company's total and per unit cost over the relevant range of 30,000 to 50,000 per units produced and sold are: United produced and Sold: …
  5. accounting

    Canine Company produces and sells dog treats for discriminating pet owners. The unit selling price is $10, unit variable costs are $7, and total fixed costs are $3,300. What are breakeven sales?
  6. accounting

    Mendez Company currently produces and sells 20,000 units of product at a selling price of $10. The product has variable costs of $4 per unit and fixed costs of $50,000. The company currently earns a total contribution margin of?
  7. Accounting

    Currently, the unit selling price of a product is $110, the unit variable cost is $80, and the total fixed costs are $345,000. A proposal is being evaluated to increase the unit selling price to $120. a. Compute the current break-even …
  8. Accounting

    Montana Company produces basketballs. It incurred the following costs during the year. Direct materials: $14,032 Direct Labor: $25,706 Fixed manufacturing overhead: $9,698 Variable manufacturing overhead: $32,164 Selling Costs: $21,176 …
  9. Managerial Accounting

    Gardner Manufacturing Company produces a product that sells for $120. A selling commission of 10% of the selling price is paid on each unit sold. Variable manufacturing costs are $60 per unit. Fixed manufacturing costs are $20 per …
  10. Managerial Accounting

    Waterways is thinking of mass-producing one of its special-order sprinklers. To do so would increase variable costs for all sprinklers by an average of $0.70 per unit. The company also estimates that this change could increase the …

More Similar Questions