acctg 213 ch 3 hw

# acctg 213 ch 3 hw - Jeremy Liebman 950929750 Tomcal Chapter...

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Jeremy Liebman 950929750 Tomcal Chapter 3 Homework E-14, 15, 16, 17, 18, 19, 20, 23, 24, 25 P-32, 33, 37, 39 E-14 1. Unit variable cost = \$9 Break-even units = 2,300 2. Sales \$ 27,600 Variable cost \$ 20,700 Total contribution margin \$ 6,900 Less: Fixed expenses \$ 6,900 Operating income \$ 0 E-15 1. Unit contribution margin = \$3 Contribution margin ratio = 0.25 2. Variable cost ratio = 0.75 3. Break-even revenue = \$27,600 E-16 1. Units to earn \$9,900 = 5,600 2. Sales revenue = \$67,200 3. Sales \$ 67,200 Variable cost \$ 50,400 Total contribution margin \$ 16,800 Less: Fixed expenses \$ 6,900 Operating income \$ 9,900 E-17 1. Break-even units = 187,500 2. Unit variable cost includes all variable costs on a unit basis: Direct materials \$ 0.27 Direct labor \$ 0.58 Variable overhead \$ 0.63 Variable selling \$ 0.17 Unit variable cost \$ 1.65 E-18 1. Units to earn \$12,600 = 203,250 2. Sales revenue to earn \$12,600 = \$497,962.50

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E-19 1. Expected sales of pans \$ 215,000 Break-even pans \$ (187,500) Margin of safety (in pans)
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acctg 213 ch 3 hw - Jeremy Liebman 950929750 Tomcal Chapter...

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