Metal Industries has monthly fixed costs totaling $90,000 and variable costs of $5 per unit. Each unit of product is sold for $20.
Assume the company expects to sell 11,850 units of product this coming month. What is the margin of safety in units?
Group of answer choices
8,850
6,600
5,850
7,350
Tech Products, Inc. has monthly fixed costs totaling $90,000 and variable costs of $5 per unit. Each unit of product is sold for $20.
How many units must be sold to earn a monthly profit of $135,000?
Group of answer choices
15,000
6,000
6,750
9,000
Metal Industries has monthly fixed costs totaling $90,000 and variable costs of $5 per unit. Each unit of product is sold for $20.
Assume the company expects to sell 11,850 units of product this coming month. What is the margin of safety in units?
Group of answer choices
8,850
6,600
5,850
7,350
Photos Inc. produces two different products with the following monthly data for June:
Digital |
Camera |
||
Cameras |
Cases |
Total |
|
Selling price per unit |
$300 |
$100 |
|
Variable cost per unit |
$240 |
$ 60 |
|
Expected unit sales |
28,000 |
7,000 |
35,000 |
Sales mix |
80% |
20% |
100% |
Fixed costs |
$350,000 |
Assume the sales mix remains the same at all levels of sales.
How many units in total must be sold to break even for the month?
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