subject
Business, 07.10.2021 06:30 Spiderblack212

Break-Even Point in Units Chillmax Company plans to sell 3,500 pairs of shoes at $60 each in the coming year. Variable cost is 35% of the sales price; contribution margin is 65% of the sales price. Total fixed cost equals $78,000 (includes fixed factory overhead and fixed selling and administrative expense). Required: 1. Calculate the sales revenue that Chillmax must make to break even by using the break-even point in sales equation. $fill in the blank c01bd7035044f82_1 120,000 2. Prepare a contribution margin income statement based on the break-even point in sales dollars. Enter all amount as a positive number.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 17:20
Your aunt is thinking about opening a hardware store. she estimates that it would cost $300,000 per year to rent the location and buy the stock. in addition, she would have to quit her $45,000 per year job as an accountant. a. define opportunity cost. b. what is your aunt's opportunity cost of running a hardware store for a year? if your aunt thought she could sell $350,000 worth of merchandise in a year, should she open the store? explain.
Answers: 2
question
Business, 22.06.2019 19:00
Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is
Answers: 2
question
Business, 22.06.2019 19:00
Why is accountability important in managing safety
Answers: 2
question
Business, 22.06.2019 22:10
jackie's snacks sells fudge, caramels, and popcorn. it sold 12,000 units last year. popcorn outsold fudge by a margin of 2 to 1. sales of caramels were the same as sales of popcorn. fixed costs for jackie's snacks are $14,000. additional information follows: product unit sales prices unit variable cost fudge $5.00 $4.00 caramels $8.00 $5.00 popcorn $6.00 $4.50 the breakeven sales volume in units for jackie's snacks is
Answers: 1
You know the right answer?
Break-Even Point in Units Chillmax Company plans to sell 3,500 pairs of shoes at $60 each in the com...
Questions
question
Mathematics, 29.08.2021 20:20
question
Mathematics, 29.08.2021 20:20
question
Mathematics, 29.08.2021 20:20
question
History, 29.08.2021 20:20
question
Mathematics, 29.08.2021 20:20
Questions on the website: 13722360