Question

Jasmine Inc. sells a product for $60 per unit. Variable costs per unit are $32, and...

Jasmine Inc. sells a product for $60 per unit. Variable costs per unit are $32, and monthly fixed costs are $210,000.

a. What is the break-even point in units?



b. What unit sales would be required to earn a target profit of $159,600?



c. Assume they achieve the level of sales required in part b, what is the margin of safety in sales dollars?

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Halifax Products sells a product for $108. Variable costs per unit are $55, and monthly fixed...
Halifax Products sells a product for $108. Variable costs per unit are $55, and monthly fixed costs are $111,300. a. What is the break-even point in units? b. How many units would need to be sold to earn a target profit of $206,700? c. Assuming they achieve the level of sales required in part b, what is the margin of safety in sales dollars?
Harmony Company sells a product for $50 per unit. Variable costs per unit are $30, and...
Harmony Company sells a product for $50 per unit. Variable costs per unit are $30, and monthly fixed costs are $ 150,000. C. Assume they achieve the level of sales required in part what is the margin of safety in sales dollars? Break Even Point in Units: 7500 Level of sales from part b: $12500
1) Bears Company sells a product for $15 per unit. The variable cost is $10 per...
1) Bears Company sells a product for $15 per unit. The variable cost is $10 per unit and fixed costs are $1,750,000. Determine: The Break-Even point in sales units The Break-Even point if selling price were increased to $655 per unit 2) Bear Company sells a product for $15 per unit. The Variable cost is $10 per unit and fixed costs are $1,750,000. Determine: The Break-Even Point in sales units The Sales units required for the company to achieve a...
Harmony sells a product for $50 per unit. Variable costs per unit are $18, and monthly...
Harmony sells a product for $50 per unit. Variable costs per unit are $18, and monthly fixed costs are $252,800. a. What is the break-even point in units? b. What unit sales would be required to earn a target profit of $198,400? c. Assume they achieve the level of sales required in part b, what is the degree of operating leverage? (Round your answer to 2 decimal place.) d. If sales increase by 40% from that level, by what percentage...
Target Profit Outdoors Company sells a product for $185 per unit. The variable cost is $70...
Target Profit Outdoors Company sells a product for $185 per unit. The variable cost is $70 per unit, and fixed costs are $563,500. Determine (a) the break-even point in sales units and (b) the sales units required for the company to achieve a target profit of $101,430. a. Break-even point in sales units units b. Break-even point in sales units required for the company to achieve a target profit of $101,430 units
Target Profit Outdoors Company sells a product for $245 per unit. The variable cost is $85...
Target Profit Outdoors Company sells a product for $245 per unit. The variable cost is $85 per unit, and fixed costs are $1,184,000. Determine (a) the break-even point in sales units and (b) the sales units required for the company to achieve a target profit of $355,200. a. Break-even point in sales units units b. Break-even point in sales units required for the company to achieve a target profit of $355,200 units
Cantor Products sells a product for $85. Variable costs per unit are $35, and monthly fixed...
Cantor Products sells a product for $85. Variable costs per unit are $35, and monthly fixed costs are $235,000. a. What is the break-even point in units? b. What unit sales would be required to earn a target profit of $330,000? c. Assume they achieve the level of sales required in part b, what is the degree of operating leverage? (Round your answer to 3 decimal places.)    d. If sales decrease by 30% from that level, by what percentage...
Cantor Products sells a product for $90. Variable costs per unit are $33, and monthly fixed...
Cantor Products sells a product for $90. Variable costs per unit are $33, and monthly fixed costs are $210,900. a. What is the break-even point in units? b. What unit sales would be required to earn a target profit of $513,000? c. Assume they achieve the level of sales required in part b, what is the degree of operating leverage? (Round your answer to 3 decimal places.)    d. If sales decrease by 30% from that level, by what percentage...
Answer all these questions with the right answer letter next to each question number 47-Jasmine Inc....
Answer all these questions with the right answer letter next to each question number 47-Jasmine Inc. sells a product for $66 per unit. Variable costs per unit are $34, and monthly fixed costs are $275,200. a. What is the break-even point in units? b. What unit sales would be required to earn a target profit of $153,600? c. Assume they achieve the level of sales required in part b, what is the margin of safety in sales dollars? 48-Marcy has...
Cooper Company sells a product at $50 per unit that has unit variable costs of $20....
Cooper Company sells a product at $50 per unit that has unit variable costs of $20. The company's break-even sales point in sales dollars is $150,000. How much profit will the company make if it sells 4,000 units? A. $210,000 B. $120,000 C. $60,000 D. $30,000
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT