Question

32.Marissa, Inc. has a contribution margin of 40% and fixed costs of $200,000. What is the...

32.Marissa, Inc. has a contribution margin of 40% and fixed costs of $200,000. What is the break-even point?

.

Last month Carol Company had a $30,000 profit on sales of $250,000. Fixed costs are $60,000 a month. What sales revenue is needed for Calico to break even?

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
If the variable cost % is .60 , find the contribution margin % Fixed costs= 400...
If the variable cost % is .60 , find the contribution margin % Fixed costs= 400 , contribution margin %   is .40. Find sales dollars needed to break even. Fixed costs= 500 , contribution margin per unit =10. Find sales in units to earn a net income of 100. Selling price per unit= 80 ; variable costs per unit= 60; fixed costs= 200.    Find the contrib. margin %.
At the break-even point sales equal total variable costs contribution margin equals total variable costs contribution...
At the break-even point sales equal total variable costs contribution margin equals total variable costs contribution margin equals total fixed costs sales equal total fixed costs 2. The amount by which actual or expected sales exceeds break-even sales is referred to as contribution margin unanticipated profit margin of safety target net income
Last month Watchworks Company had a $60,000 loss on sales of $300,000. Fixed costs are $120,000...
Last month Watchworks Company had a $60,000 loss on sales of $300,000. Fixed costs are $120,000 a month. Answer the following questions: a. What was the contribution margin percentage? b. What monthly sales volume (in dollars) would be needed to break-even? c. What sales volume (in dollars) would be needed to earn $150,000?
Bosco Company sells boxes of cookies and has total fixed costs of $200,000 per month. Variable...
Bosco Company sells boxes of cookies and has total fixed costs of $200,000 per month. Variable costs are $8 per box, selling price is $10. The company desires to make a profit of $100,000 per month. a. What is number of boxes that most be sold to break even each month? b. What is the contribution margin ratio? c. What is the $ amount of monthly sales needed in order to make the desired monthly profit
. Assume that the CDE Company has yearly Fixed costs of $30,000 and its Variable costs...
. Assume that the CDE Company has yearly Fixed costs of $30,000 and its Variable costs are $30,000, which are 60% of its Sales. Calculate: [Use ONLY formula for your calculations. Do NOT use algebra] Question: Its profit or loss when its total sales are $110,000.      b. The sales level (dollars) required to break-even.      c. The sales needed to make a profit of $35,000. 2. ABC Company manufactures and distributes Product A. An extract from the 20X5 statement...
Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar Pharmaceuticals, Inc., plans to...
Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar Pharmaceuticals, Inc., plans to sell 140,000 units of antibiotic at an average price of $17 each in the coming year. Total variable costs equal $761,600. Total fixed costs equal $7,500,000. Required: 1. What is the contribution margin per unit? Round your answer to the nearest cent. $ What is the contribution margin ratio? Round your answer to two decimal places. (Express as a decimal-based answer rather than a...
Mastery Problem: CVP and the Contribution Margin Income Statement For planning and control purposes, managers have...
Mastery Problem: CVP and the Contribution Margin Income Statement For planning and control purposes, managers have a powerful tool known as cost-volume-profit (CVP) analysis. CVP shows how revenues, expenses, and profits behave as volume changes. In CVP analysis, costs are classified according to behavior: variable or fixed. Costs are classified by behavior on the income statement in CVP analysis to arrive at operating income. This format is known as the contribution margin income statement. Complete the following table to illustrate...
CVP ANALYSIS If the variable cost % is .60 , find the contribution margin % Fixed...
CVP ANALYSIS If the variable cost % is .60 , find the contribution margin % Fixed costs= 400 , contribution margin % is .40. Find sales dollars needed to break even. Fixed costs= 500 , contribution margin per unit =10. Find sales in units to earn a net income of 100. Selling price per unit= 80 ; variable costs per unit= 60; fixed costs= 200.      Find the contrib. margin %. Actual sales=600 ; break even sales =400 ; contribution margin=...
part 1 Candle Co. has sales of $200,000 this month, contribution margin of $100,000, monthly fixed...
part 1 Candle Co. has sales of $200,000 this month, contribution margin of $100,000, monthly fixed cost of $80,000 and profit of $20,000. What is the firm’s current breakeven volume in dollars? (rounded) Select one: a. All listed choices are incorrect. b. $160,000. c. $180,000. d. $140,000. part 2 Candle Co. has sales of $200,000 this month, contribution margin of $100,000, monthly fixed cost of $80,000 and profit of $20,000. What is the firm’s current breakeven ratio to sales? (rounded)...
The Kringel company provides the following information: Sales (200,000 units) $500,000 Manufacturing costs: Variable 170,000 Fixed...
The Kringel company provides the following information: Sales (200,000 units) $500,000 Manufacturing costs: Variable 170,000 Fixed 30,000 Selling and administrative costs: Variable 80,000 Fixed 20,000 Required: a. What is the break-even point in units for Kringel? b. What is the variable cost per unit for Kringel? c. What is the contribution margin per unit for Kringel? d. Should a multiple product firm focus on individual product break-even point? Why or why not? Discuss with logical arguments.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT