Business, 05.07.2019 10:30 ionmjnm9701

Lin corporation has a single product whose selling price is $120 and whose variable expense is $80 per unit. the company's monthly fixed expense is $50,000. 6.value: 10.00 pointsrequired information required: 1. using the equation method, determine for the unit sales that are required to earn a target profit of $10,000. hintsreferencesebook & resources hint #1 check my work 7.value: 10.00 pointsrequired information 2. using the formula method, determine for the unit sales that are required to earn a target profit of $15,000.

Answers: 1

Show answers

Answers

Lin Corporation has a single product whose selling price is $120 and whose variable expense is $80 per unit. The companyâ€™s monthly fixed expense is $50,000 1. Using the equation method, solve for the unit sales that are required to earn a target profit of $10,000 Sales = Variable expenses + Fixed expenses + Profit $120Q = $80Q + $50,000 + $10000 $40Q = $60000 Q = $60,000 /$40 Q =1500 Units 2. Using the format method, solve for the unit sales that are required to earn a target profit of $15,000 Sales = 50000+15000/120-80 = 1625 units. Mauro Products distributes a single product, a woven basket whose selling prices are $15 and whose variable expense is $12 per unit. The companyâ€™s monthly fixed expense is $4,200. 1. Solve for the companyâ€™s breakeven point in unit sales using the equation method. Sales = Variable expenses + Fixed expenses + Profit $15Q = $12Q + $4,200 + $0 $3Q = $4200 Q = $4200 /$3 Q =1400 Units 2. Solve for the companies breakeven point in sales dollars using the equation method and the CM ratio. X = 0.8X + 4,200 + $0 0.2X = $4200 X = $4200 / 0.2 X = $21,000 CM ratio method BEP = fixed cost /Sales-Variable cost /Sales = 4200/15-12/15 = $21000 3. Solve for the companyâ€™s breakeven point in unit sales using the format method 4200/15-12 = 1400 units. 4. Solve for the companyâ€™s breakeven point in sales dollars using the format method and the cm ration. BEP = fixed cost /1-Variable cost / Selling price = 4200/1-12/15 = $21000 CM ratio method BEP = fixed cost /Sales-Variable cost /Sales = 4200/15-12/15 = $21000

Answer from: nyny980

Profit is termed as the revenue that is earned by the firm after availing of the products or the goods and services to the customers. It is the total sum of the money that is acquired on the completion of the accomplishment of the goals of the supply met in the market.

Lin Corporation has a single product whose selling price = $120

variable expense = $80 per unit.

The company's monthly fixed expense = $50,000

1. Using the equation method, unit sales is required to earn a target profit =$10,000

Sales = Variable expenses + Fixed expenses + Profit

$120Q = $80Q + $50,000 + $10000

$40Q = $60000

$Q = \frac{\$60,000}{\$40 }$

Q =1500

Units 2. Using the format method, unit sales earn a target profit = $15,000 Sales = $\frac{50000+15000}{120-80} = 1625 units.$

Mauro Products distributes a single product, a woven basket whose selling prices = $15

variable expense = $12 per unit.

The company's monthly fixed expense = $4,200.

1. Solve for the company's breakeven point in unit sales using the equation method.

Sales = Variable expenses + Fixed expenses + Profit

$15Q = $12Q + $4,200 + $0

$3Q = $4200

$Q = \frac{\$4200}{\$3}$

Q =1400

Units 2. Solve for the companies breakeven point in sales dollars using the equation method and the CM ratio.

X = 0.8X + 4,200 + $0 0.2X = $4200

$X = \frac{\$4200}{0.2 }$

X = $21,000

CM ratio method

BEP = fixed cost /Sales-Variable cost /Sales = $\frac{ 4200}{15}-\frac{12}{15} = \$21000$

3. Solve for the company's breakeven point in unit sales using the format method $\frac{4200}{15-12}= 1400 units.$

4. Solve for the company's breakeven point in sales dollars using the format method and the cm ratio.

BEP = fixed cost /1-Variable cost / Selling price = 4200/1-12/15 = $21000 CM ratio method BEP = fixed cost /Sales-Variable cost /Sales = 4200/15-12/15 = $21000

To know more about the calculation of the various values using different methods, refer to the link below:

link

Answer from: Quest

i would say a penny hope it you

Answer from: Quest

Asolar eclipse occurs when the moon gets between earth and the sun, and the moon casts a shadow over earth. a solar eclipse can only take place at the phase of new moon, when the moon passes directly between the sun and earth and its shadows fall upon earth's surface.

Another question on Business

Business, 21.06.2019 22:10

Arival company manufactures fuel tanks for cars using a different production technique. the total weekly cost (in dollars) of producing x tanks is given by c(x) = 10000 +90x - 0.04x2 find the marginal cost at a production level of 500 fuel tanks per week to approximate the cost of the 501st unit (round to the nearest 2 decimal places, if needed)

Answers: 3

Answer

Business, 22.06.2019 22:10

What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?

Answers: 1

Answer

Business, 23.06.2019 01:00

The huntington boys and girls club is conducting a fundraiser by selling chili dinners to go. the price is $7 for an adult meal and $4 for a child’s meal. write a program that accepts the number of adult meals ordered and then children's meals ordered. display the total money collected for adult meals, children’s meals, and all meals.

Answers: 2

Answer

Business, 23.06.2019 01:20

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east westsales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 )the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss) of: multiple choice$91,900$(64,100)$(142,000)$(50,100)

Answers: 3

Answer

You know the right answer?

Lin corporation has a single product whose selling price is $120 and whose variable expense is $80 p...

Questions