Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 28. a company manufactures and sells a product for

28. A company manufactures and sells a product for $91 per unit. The company's fixed...

80.2K

Verified Solution

Question

Accounting

image
28. A company manufactures and sells a product for $91 per unit. The company's fixed costs are $859,716 and its variable costs are $25 per unit. What is the company's break- even point in dollars? (Round all calculations to 2 decimal places.) A. $627,592.68 B. $1,177,693.15 C. $622,982.60 D. $1,091,839.30 E. $66.00 29. A company has fixed costs of $90,000. Its contribution margin ratio is 30% and the product sells for $75 per unit. What is the company's break-even point in dollar sales? A. $ 60,000 B. $128,571 C. $180,000 D. $210,000 E. $300,000 30. Lee Company manufactures and sells widgets for $2 per unit. Its variable cost per unit is $1.70. Lee's total fixed costs are $10,500. How many widgets must Lee Company sell to break even? A. 5,250 B. 6,176 C. 35,000 D. 52,500 E. 61,760 31. At Flint Company's break-even point of 9,000 units, fixed costs are $180,000, and variable costs are $540,000 in total. The unit sales price is: A. $20 B. $40 C. $60 D. $80 E. $100 32. Jet Company's break-even point is 5,000 units. The company's fixed costs are 240,000, and its total variable costs are $85,000. The unit sales price is: A. $20 B. $40 C. $60 D. S65 E. $100

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students