Liliac Company sells a single product. The selling price of the product is $300 per...

70.2K

Verified Solution

Question

Accounting

image
image
image
Liliac Company sells a single product. The selling price of the product is $300 per unit. Variable cost is $180 per unit. Fixed cost is $360,000 per period. Currently, the company is selling 5,000 units of the product. How much is current profit (net operating income)? OA. $1,140,000 B. $240,000 OC. $540,000 OD. $600,000 Liliac Company sells a single product. The selling price of the product is $300 per unit. Variable cost is $180 per unit. Fixed cost is $360,000 per period. Currently, the company is selling 5,000 units of the product. The company has set a target of achieving a $300,000 profit for the next year. To achieve that target, how much sales in dollars must be generated? OA. $750,000 OB. $1,650,000 c. $5,500 OD. 5900.000 Liliac Company sells a single product. The selling price of the product is $300 per unit. Variable cost is $180 per unit. Fixed cost is $360,000 per period. Currently, the company is selling 5,000 units of the product. Compute the margin of safety in terms of units. A. 3,800 units B. 2.000 units OC. 3,000 units OD . 1,000 units 27

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