Chapter 8 Questions for Marks- VERSION 2 Question 1 (of 2) 1. Sultan Corporation operated...
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Chapter 8 Questions for Marks- VERSION 2 Question 1 (of 2) 1. Sultan Corporation operated at its normal capacity during the current year, producing 67,000 units of its single product. Sales totalled 57,000 units at an avernge price of $20 per unit. Variable cost of goods sold amounted to $8 per unit, and sales commissions were paid out at $3 per unit sold. Fxed product costs, incurred uniformly throughout the year, amounted to $190,000 and fxed period costs, incurred uniformly amounted to $25,000 per quarter Required: 1. What is Sultan's break-even point in sales dollars for the ourrent year? (Do not round intermediate calculations. Round your answer to the nearest whole number) product costs unexpected y increase by 20%, what is he new unit seling price that would yieid the same break-even sales as before the cost increase? (Do not round intermediate 2 Sultan's Sod calculations and round your answer to 2 decimal places.) eBook & Resources MacBook Air Esc FS F 6 PAL F8
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