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

The correct answer is b

Answer from: Quest

The variety of games would increase due to competition, and the winnings per dollar spent would decrease.

Another question on Business

Business, 21.06.2019 15:30

Historically, 12 percent of a mail-order firm's repeat charge-account customers have an incorrect current address in the firm's computer database. the number of customers out of 19 who have an incorrect address in the database is a binomial random variable with n = 19 and 2formula36.mml = 0.12.

Answers: 2

Answer

Business, 22.06.2019 20:00

Question 6 of 102 pointswhich situation shows a constant rate of change? oa. the number of tickets sold compared with the number of minutesbefore a football gameob. the height of a bird over timeoc. the cost of a bunch of grapes compared with its weightod. the outside temperature compared with the time of day

Answers: 1

Answer

Business, 22.06.2019 21:00

On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?

Answers: 3

Answer

Business, 23.06.2019 01:30

What is the name of the company and the stock symbol you chose? what is the p/e ratio? what information did you find about the company? why did you choose this stock? company name: stock symbol: p/e ratio: information about the company: why did you choose this stock?

Answers: 2

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