Question

Matsunaga firms produces strawberries and raspberries. Annual fixed costs are $15,000. The variable cost is $0.75...

Matsunaga firms produces strawberries and raspberries. Annual fixed costs are $15,000. The variable cost is $0.75 per pint of strawberries and $1.00 per pint of raspberries. Strawberries sell for $1.00 per pint and raspberries for $1.50 per pint. Compute the break even point in dollars if two pints of strawberries are sold for every pint of raspberry.

A) $ 70,000

B) $ 15,000

C) $ 45,000

D) $ 52,500

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
4.Kent Manufacturing produces a product that sells for $60.00. Fixed costs are $198,000 and variable costs...
4.Kent Manufacturing produces a product that sells for $60.00. Fixed costs are $198,000 and variable costs are $24.00 per unit. Kent can buy a new production machine that will increase fixed costs by $11,880 per year, but will decrease variable costs by $3.60 per unit. Compute the revised break-even point in dollars with the purchase of the new machine. $330,000. $300,000. $349,800. $264,000.
At the break-even point of 400 units, the variable costs were $400 and the fixed costs...
At the break-even point of 400 units, the variable costs were $400 and the fixed costs were $200. What will the 401st unit sold contribute to profit before income taxes? Select one: a. $ 0 b. $ 0.50 c. $ 1.50 d. $ 1.00
Sales $60,000 Less: Variable Expenses 45,000 Contribution Margin 15,000 Less: Fixed Expenses 18,000 Net Income -$3,000...
Sales $60,000 Less: Variable Expenses 45,000 Contribution Margin 15,000 Less: Fixed Expenses 18,000 Net Income -$3,000 a. What are the total sales in dollars at the break-even point? b. What are the total variable expenses at the break-even point? c. What is the company's contribution margin ratio? d. If unit sales were increased by 10% and fixed expenses were reduced by $2,000, what would be the company's expected net income? (Prepare a new income statement.)
Lake Stevens Marina has estimated that fixed costs per month are $350,000 and variable cost per...
Lake Stevens Marina has estimated that fixed costs per month are $350,000 and variable cost per dollar of sales is $0.30. What is the break-even point per month in sales dollars? What level of sales dollars is needed for a monthly profit of $70,000? For the month of July, the marina anticipates sales of $1,000,000. What is the expected level of profit?
Kruger Corporation produces products that it sells for $19 each. Variable costs per unit are $8,...
Kruger Corporation produces products that it sells for $19 each. Variable costs per unit are $8, and annual fixed costs are $233,200. Kruger desires to earn a profit of $33,000. Required: a. Use the equation method to determine the break-even point in units and dollars. Break-even point in units: Break-even point in dollars: b. Determine the sales volume in units and dollars required to earn the desired profit. Sales Volume in units: Sales in dollars:
A production plant with fixed costs of $3,200,000 produces a product with variable costs of $140...
A production plant with fixed costs of $3,200,000 produces a product with variable costs of $140 per unit and sells them at $300 each. What is the break-even cost? Illustrate with a break-even chart.
If fixed costs are $140,000 and the variable cost is 75% of sales, what is the...
If fixed costs are $140,000 and the variable cost is 75% of sales, what is the break-even point in sales dollars?
Assume a fixed cost of $3,500, a variable cost of $7.25, and a selling price of...
Assume a fixed cost of $3,500, a variable cost of $7.25, and a selling price of 12.25. What is the break-even point? How many units must be sold to make a profit of $500,000? How many units must be sold to average $0.75 profit per unit? $1.25 profit per unit? And $1.75 per unit?
George’s T-Shirt Shop produces 5,000 custom-printed T-shirts per month. George’s fixed costs are $15,000 per month....
George’s T-Shirt Shop produces 5,000 custom-printed T-shirts per month. George’s fixed costs are $15,000 per month. The marginal cost per T-shirt is a constant $4. What is his break-even price? What would be George’s break-even price if he were to sell 50 percent more shirts?
Total fixed cost = $66,000 Selling price per unit = $14 Variable costs per unit =...
Total fixed cost = $66,000 Selling price per unit = $14 Variable costs per unit = $6 Net target income (after tax) = $52,000 Tax rate = 35%. a)Calculate break even point in units b) calculate the sales revenue (in dollars) required to achieve the target income c) calculate the difference in operating income when one extra unit is sold d) if fixed cost increased by 20%, what is the new unit contribution margin required to maintain the same break-even...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT