Question
In: Accounting
Break-Even Sales and Cost-Volume-Profit Chart For the coming year, Sorkin Company anticipates a unit selling price...
Break-Even Sales and Cost-Volume-Profit Chart
For the coming year, Sorkin Company anticipates a unit selling price of $110, a unit variable cost of $55, and fixed costs of $275,000.
Required:
1. Compute the anticipated break-even sales in
units.
units
2. Compute the sales (units) required to
realize income from operations of $104,500.
units
3. Construct a cost-volume-profit chart, assuming maximum sales of 10,000 units within the relevant range. From your chart, indicate whether each of the following sales levels would produce a profit, a loss, or break-even.
| $770,000 | |
| $693,000 | |
| $550,000 | |
| $418,000 | |
| $330,000 |
4. Determine the probable income (loss) from
operations if sales total 8,000 units. If required, use the minus
sign to indicate a loss.
$
Solutions
ekkarill92 answered 1 year agoRelated Solutions
Break-Even Sales and Cost-Volume-Profit Chart For the coming year, Cleves Company anticipates a unit selling price...
Break-Even Sales and Cost-Volume-Profit Chart
For the coming year, Cleves Company anticipates a unit selling
price of $96, a unit variable cost of $48, and fixed costs of
$465,600.
Required:
1. Compute the anticipated break-even sales in
units.
units
2. Compute the sales (units) required to
realize income from operations of $182,400.
units
3. Construct a cost-volume-profit chart,
assuming maximum sales of 19,400 units within the relevant range.
From your chart, indicate whether each of the following sales
levels would...
Break-Even Sales and Cost-Volume-Profit Chart For the coming year, Sorkin Company anticipates a unit selling price...
Break-Even Sales and Cost-Volume-Profit Chart
For the coming year, Sorkin Company anticipates a unit selling
price of $66, a unit variable cost of $33, and fixed costs of
$369,600.
Required:
1. Compute the anticipated break-even sales in
units.
units
2. Compute the sales (units) required to
realize income from operations of $194,700.
units
3. Construct a cost-volume-profit chart,
assuming maximum sales of 22,400 units within the relevant range.
From your chart, indicate whether each of the following sales
levels would...
Break-Even Sales and Cost-Volume-Profit Chart For the coming year, Cleves Company anticipates a unit selling price...
Break-Even Sales and Cost-Volume-Profit Chart
For the coming year, Cleves Company anticipates a unit selling
price of $58, a unit variable cost of $29, and fixed costs of
$159,500.
Required:
1. Compute the anticipated break-even sales
(units).
units
2. Compute the sales (units) required to
realize a target profit of $84,100.
units
3. Construct a cost-volume-profit chart,
assuming maximum sales of 11,000 units within the relevant range.
From your chart, indicate whether each of the following sales
levels would produce...
Break-Even Sales and Cost-Volume-Profit Chart For the coming year, Cleves Company anticipates a unit selling price...
Break-Even Sales and Cost-Volume-Profit
Chart
For the coming year, Cleves Company anticipates a unit selling
price of $134, a unit variable cost of $67, and fixed costs of
$395,300.
Required:
1. Compute the anticipated break-even sales in
units.
2. Compute the sales (units) required to
realize income from operations of $154,100.
3. Determine the probable income (loss) from
operations if sales total 9,400 units. If required, use the minus
sign to indicate a loss.
Break-Even Sales and Cost-Volume-Profit Chart For the coming year, Cleves Company anticipates a unit selling price...
Break-Even Sales and Cost-Volume-Profit Chart
For the coming year, Cleves Company anticipates a unit selling
price of $128, a unit variable cost of $64, and fixed costs of
$697,600.
Required:
1. Compute the anticipated break-even sales
(units).
units
2. Compute the sales (units) required to
realize a target profit of $262,400.
units
3. Construct a cost-volume-profit chart,
assuming maximum sales of 21,800 units within the relevant range.
From your chart, indicate whether each of the following sales
levels would produce...
Break-Even Sales and Cost-Volume-Profit Graph For the coming year, Bernardino Company anticipates a unit selling price...
Break-Even Sales and Cost-Volume-Profit Graph
For the coming year, Bernardino Company anticipates a unit
selling price of $56, a unit variable cost of $28, and fixed costs
of $313,600.
Instructions:
1. Compute the anticipated break-even sales in
units.
units
2. Compute the sales (units) required to
realize operating income of $109,200.
units
3. Construct a cost-volume-profit graph on
paper, assuming maximum sales of 22,400 units within the relevant
range. From your chart, indicate whether each of the following
sales levels...
For the coming year, Cleves Company anticipates a unit selling price of $78, a unit variable...
For the coming year, Cleves Company anticipates a unit selling
price of $78, a unit variable cost of $39, and fixed costs of
$257,400.
3. Construct a cost-volume-profit chart, assuming maximum sales
of 13,200 units within the relevant range. From your chart,
indicate whether each of the following sales levels would produce a
profit, a loss, or break-even.
$717,600
$647,400
$514,800
$390,000
$312,000
Determine the probable income (loss) from operations if sales
total 10,600 units. If required, use the minus...
Break-Even Sales and Cost-Volume-Profit Chart Last year, Hever Inc. had sales of $264,000, based on a...
Break-Even Sales and Cost-Volume-Profit Chart Last year, Hever
Inc. had sales of $264,000, based on a unit selling price of $120.
The variable cost per unit was $90, and fixed costs were $45,900.
The maximum sales within Hever's relevant range are 2,800 units.
Hever Inc. is considering a proposal to spend an additional $12,000
on billboard advertising during the current year in an attempt to
increase sales and utilize unused capacity. Required: 1. Construct
a cost-volume-profit chart on your own...
Break-Even Sales and Cost-Volume-Profit Chart Last year, Hever Inc. had sales of $422,500, based on a...
Break-Even Sales and Cost-Volume-Profit Chart
Last year, Hever Inc. had sales of $422,500, based on a unit
selling price of $130. The variable cost per unit was $100, and
fixed costs were $67,800. The maximum sales within Hever's relevant
range are 4,100 units. Hever Inc. is considering a proposal to
spend an additional $18,000 on billboard advertising during the
current year in an attempt to increase sales and utilize unused
capacity.
Required:
1. Construct a cost-volume-profit chart on your
own...
Break-Even Sales and Cost-Volume-Profit Chart Last year, Gelbin Inc. had sales of $292,000, based on a...
Break-Even Sales and Cost-Volume-Profit Chart
Last year, Gelbin Inc. had sales of $292,000, based on a unit
selling price of $100. The variable cost per unit was $80, and
fixed costs were $40,600. The maximum sales within Gelbin's
relevant range are 3,700 units. Gelbin is considering a proposal to
spend an additional $12,000 on billboard advertising during the
current year in an attempt to increase sales and utilize unused
capacity.
Required:
1. Construct a cost-volume-profit chart on your
own paper,...
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