Gladstorm Enterprises sells a product for $52 per unit. The variable cost is $38 per...
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Accounting
Gladstorm Enterprises sells a product for $52 per unit. The variable cost is $38 per unit, while fixed costs are $10,150.
Determine the break-even point in sales units. Round answer to the nearest whole number. units
Determine the break-even point in sales units if the selling price was increased to $63 per unit. Round answer to the nearest whole number. units
The manufacturing cost of Mocha Industries for three months of the year are provided below:
| Total Cost | Production |
April | $63,100 | 1,100 Units |
May | 80,740 | 1,800 |
June | 100,900 | 2,600 |
Using the high-low method, determine the (a) variable cost per unit, and (b) the total fixed costs. Round your answers to two decimal places.
a. Variable cost per unit | $ | per unit |
b. Total fixed costs | $ |
|
Given the following information:
Variable cost per unit | = | $5.00 |
July fixed cost per unit | = | $7.00 |
Units sold and produced in July | = | 28,000 |
What is total estimated cost for August if 30,000 units are projected to be produced and sold? $
Safari Co. sells two products, Orks and Zins. Last year, Safari sold 21,000 units of Orks and 14,000 units of Zins. Related data are:
Product | Unit Selling Price | Unit Variable Cost | Unit Contribution Margin |
Orks | $120 | $80 | $40 |
Zins | 80 | 60 | 20 |
Calculate the following:
a. Safari Co.'s sales mix
Orks: | % |
Zins: | % |
b. Safari Co.'s unit selling price of E? | $ |
|
c. Safari Co.'s unit contribution margin of E? | $ |
|
d. Safari Co.'s break-even point assuming that last year's fixed costs were $160,000 |
| units |
Copper Hill Inc. manufactures laser printers within a relevant range of production of 70,000 to 100,000 printers per year. The following partially completed manufacturing cost schedule has been prepared:
Complete the following cost schedule: Round your answers to two decimal places.
| Number of Printers Produced | ||
| 70,000 | 90,000 | 100,000 |
Total costs: |
|
|
|
Total variable costs | $350,000 | $ | $ |
Total fixed costs | 630,000 | $ | $ |
Total costs | $980,000 | $ | $ |
Cost per unit: |
|
|
|
Variable cost per unit | $ | $ | $ |
Fixed cost per unit | $ | $ | $ |
Total cost per unit | $ | $ | $ |
Global Publishers has collected the following data for recent months:
Month | Issues published | Total cost |
March | 20,500 | $21,190 |
April | 21,800 | 22,464 |
May | 17,750 | 18,495 |
June | 21,200 | 21,876 |
Required:
a. Using the high-low method, find variable cost per unit, total fixed costs, and complete the formula to calculate the total cost. Round the variable cost to two decimal places.
Variable cost per unit |
| per unit |
Total fixed costs | $ |
|
Total cost | = | $ | + | ($ | x | number of issues published) |
b. What is the estimated cost for a month in which 19,000 issues are published? $
Blane Company has the following data:
Total sales | $800,000 | |
Total variable costs | $300,000 | |
Fixed costs | $200,000 | |
Units sold | 50,000 | units |
What will operating income be if units sold double to 100,000 units? $
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