Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. break-even units: units for target profit jay-zee

Break-even Units: Units for Target Profit Jay-Zee Company makes an in-car navigation system. Next year,...

80.2K

Verified Solution

Question

Accounting

image
image
Break-even Units: Units for Target Profit Jay-Zee Company makes an in-car navigation system. Next year, Jay-Zee plans to sell 16,000 units at a price of $320 each. Product costs include: Direct materials $68 Direct labor $40 Variable overhead $12 Total fixed factory overhead. $500,000 Variable selling expense is a commission of 5 percent of price; fixed selling and administrative expenses total $116,400 Required: 1. Calculate the sales commission per unit sold. per unit Calculate the contribution margin per unit per unit 2. How many units must Jay Zee Company sell to break even? units Prepare an income statement for the calculated number of units. If an amount is zero, enter *o". Jay Zee Company Income Statement 3. Calculate the number of units Jay-Zee Company must sell to achieve target operating income (profit) of $333,408. units 4. What if the Jay-Zee Company wanted to achieve a target operating income of $322,000? Would the number of units needed increase or decrease compared to your answer in Requirement 3? Compute the number of units needed for the new target operating Income units

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

Physics
1.2K views

The coefficients of static and kinetic friction between a 50 kilogram box and a horizontal surface...

Accounting
1.2K views

Discuss the different inventory accounting methods that are used (and allowable) in GAAP. How do they...

Physics
1.2K views

A thin film of oil n 1 25 is located on a smooth wet pavement...

Physics
1.2K views

O 18 J O 28 J Read More n a thermodynamic process pressure of fixed...

Basic Math
1.2K views

Express the following fraction in simplest form, only using positive exponents.3x10c10/-4(x c)-4

Basic Math
1.2K views

The vertices of PQR have coordinates P(2,3), Q(3,8), and R(7,3). Under which transformation of POR...

Algebra
1.2K views

The admission fee at an amusement park is 3 00 for children and 5 80...

Accounting
1.2K views

The accountant of ABC Manufacturing company Ltd requires a loan to finance current assets and...

Accounting
1.2K views

eBook Calculator Production Budget Assume that Stilwater Designs produces two automotive subwofers: S1217 and $12L5....

Accounting
1.2K views

3) What market share will Good Foods, Inc. need in order to breakeven in 2020?...

Accounting
1.2K views

Take me to the text Patrice Company employs process costing and uses the weighted-average method...

Accounting
1.2K views

4. Q: "A" borrowed P2,000 from "B" on December 1, 1956. He executed a promissory...