Question : 72.A company has fixed costs of $320,000 and a contribution : 1258579

 

72.A company has fixed costs of $320,000 and a contribution margin per unit of $15. If the firm wants to earn a target $40,000 pretax income, how many units must be sold (rounded to the nearest whole unit)?   

A. 24,000.

B. 21,333.

C. 18,666.

D. 2,667.

E. 20,000.

73.A company has fixed costs of $270,000, a unit contribution margin of $14, and a contribution margin ratio of 55%. If the firm wants to earn a target $60,000 pretax income, what amount of sales must the company make (rounded to the nearest whole dollar)?   

A. 490,909.

B. 330,000.

C. 109,090.

D. 381,818.

E. 600,000.

74.Management anticipates fixed costs of $72,500 and variable costs equal to 40% of sales. What will pretax income equal if sales are $325,000?    

A. $57,500.

B. $122,500.

C. $130,000.

D. $181,250.

E. $252,500.

75.Locus Company has total fixed costs of $112,000. Its product sells for $35 per unit and variable costs amount to $25 per unit. Next year Locus Company wishes to earn a pretax income that equals 10% of fixed costs. How many units must be sold to achieve this target income level?   

A. 1,120.

B. 8,214.

C. 11,200.

D. 12,320.

E. 14,080.

76.Raven Company has a target of earning $70,000 pre-tax income. The contribution margin ratio is 30%. What amount of dollar sales must be achieved to reach the goal if fixed costs are $36,000?    

A. $23,333.

B. $36,000.

C. $300,000.

D. $353,333.

E. $420,000.

77.Use the following information to determine the margin of safety in dollars: 

Unit sales50,000Units

Dollar sales$500,000

Fixed costs$204,000

Variable costs$187,500

  

A. $88,500.

B. $108,500.

C. $173,600.

D. $326,400.

E. $500,000.

78.Use the following information to determine the break-even point in sales dollars: 

Unit sales50,000Units

Dollar sales$500,000

Fixed costs$204,000

Variable costs$187,500

  

A. $88,500.

B. $108,500.

C. $173,600.

D. $326,400.

E. $500,000.

79.Use the following information to determine the break-even point in units (rounded to the nearest whole unit): 

Unit sales50,000Units

Unit selling price$14.50

Unit variable cost$7.50

Fixed costs$186,000

  

A. 12,828

B. 26,571

C. 8,455

D. 46,667

E. 24,800

80.Use the following information to determine the contribution margin ratio: 

Unit sales50,000Units

Unit selling price$14.50

Unit variable cost$7.50

Fixed costs$204,000

  

A. 6.9%.

B. 48.3%.

C. 24.5%.

D. 51.7%.

E. 34.1%.

81.The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. Compute the number of units that must be sold in order to achieve a target pretax income of $130,000. 

Sales (50,000 units) $1,000,000

Costs:

Direct materials$270,000

Direct labor240,000

Fixed factory overhead100,000

Variable factory overhead150,000

Fixed marketing costs  110,000

Variable marketing costs   50,000  920,000

Pretax income  $80,000

A. 53,165.

B. 81,250.

C. 36,207.

D. 50,000.

E. 58,621.

 

 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more