A100%2BFall+1%2C+2011

# A 16000 b 5500 c 12000 d 9200 e none of the above 11

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Unformatted text preview: , approximately how much in sales dollars does Walnut need to break even? a \$2,400 b \$18,667 c \$28,800 d \$12,000 e \$11,000 10 How much net income will Walnut earn if the sales price is \$14 per unit and 4,000 units are produced and sold? a \$16,000 b \$5,500 c \$12,000 d \$9,200 e None of the above 11 How many units does Walnut need to sell if the sales price is \$10 and the company wants net income of \$1 per unit? a 3,000 b 5,000 c 4,250 d 6,000 e None of the above 12 If Walnut can lower its variable cost to \$6 per unit, what sales price does the company need to charge to break even when it sells 4,000 units? a \$10 b \$9.25 c \$9.33 d \$9 e None of the above Use the following information to answer questions 13 through 14: Woodlawn, Inc. had the following contribution margin income statement for the year: Sales Variable expenses Contribution margin Fixed expenses Net income \$90,000 (\$27,000) \$63,000 (\$40,000) \$23,000 13 Assume this contribution margin income statement was the result of Woodlawn having sold 15,000 units. Approximately how many...
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## This note was uploaded on 12/15/2013 for the course BUS-A 100 taught by Professor Tiller during the Fall '08 term at Indiana.

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