The following data pertain to last months operations Selling price 30 per unit

The following data pertain to last months operations

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45)The following data pertain to last month's operations:Selling price\$30 per unitVariable production cost\$15 per unitFixed production cost\$80,000Variable selling & administrative expenses\$3 per unitFixed selling & administrative expenses\$40,500What is the break-even point in dollars?45) A)\$160,000.B)\$240,000.C)\$200,000.D)\$300,000.Answer: DTopic:04-03 Contribution Margin, 04-14 Break-Even ComputationsLO:04-01 Explain how changes in activity affect contribution margin and operating income., 04-05 Computethe break-even point in unit sales and sales dollars.CPA Compdtency::CPA Competency: 3.5.1 Performs sensitivity analysis. 15
46)The following is last month's contribution format income statement:Sales (10,000 units)\$1,200,000Less: variable expenses800,000Contribution margin400,000Less: fixed expenses240,000Operating income\$160,000What is the company's break-even sales in units?46) CPA Compdtency:: CPA Competency: 3.5.1 Performs sensitivity analysis. 47)The following is last month's contribution format income statement(Do not round intermecomputations):Sales (20,000 units)\$1,800,000Less: variable expenses1,200,000Contribution margin600,000Less: fixed expenses400,000Operating income\$200,000What is the company's break-even in sales dollars?47) 48)Roberts Company sells a single product at a selling price of \$55 per unit. Variable costsare \$30.25 per unit, and fixed costs are \$113,850. What is Roberts Company'sbreak-even point? 48) 16
49)A product sells for \$20 per unit, and has a contribution margin ratio of 40%. Fixedexpenses total \$120,000 annually. The company that makes and sells the product has anincome tax rate of 40%. How many units must be sold to yield an after-tax operatingprofit of \$30,000? 49) A)14,167 units.B)18,750 units.C)21,250 units.D)24,375 units.Answer: CTopic:04-03 Contribution Margin, 04-14 Break-Even Computations, 04-16 After-Tax AnalysisLO:04-01 Explain how changes in activity affect contribution margin and operating income., 04-05 Computethe break-even point in unit sales and sales dollars., 04-06 Determine the level of sales needed to achievea desired target profit.

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• Summer '17