Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. information concerning a product produced by ender

Information concerning a product produced by Ender Company appears here: Sales price per unit Variable...

90.2K

Verified Solution

Question

Accounting

Information concerning a product produced by Ender Company appears here:
Sales price per unit
Variable cost per unit
$159
Total annual fixed manufacturing and operating
costs
$517,500
Required
Determine the following:
a. Contribution margin per unit.
b. Number of units that Ender must sell to break even.
c. Sales level in units that Ender must reach to earn a profit of $90,000.
d. Determine the margin of safety in units, sales dollars, and as a percentage.
Complete this question by entering your answers in the tabs below.
Req A to C
Req D
a. Contribution margin per unit.
b. Number of units that Ender must sell to break even.
c. Sales level in units that Ender must reach to earn a profit of $90,000.
a. Contribution margin
b. Break-even in units
c. Break-even in units to earn profit of $90,000
image

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