User Account

All Pages

What are the variable expenses per unit

Assignment Help Managerial Accounting
Reference no: EM132560361

Lindon Company is the exclusive distributor for an automotive product that sells for $30.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $162,000 per year. The company plans to sell 20,200 units this year.

Required:

Question 1. What are the variable expenses per unit? (Round your "per unit" answer to 2 decimal places.)

Question 2. What is the break-even point in unit sales and in dollar sales?

Question 3. What amount of unit sales and dollar sales is required to attain a target profit of $72,000 per year?

Question 4. Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $3.00 per unit. What is the company's new break-even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $72,000?

Reference no: EM132560361

Questions Cloud

Prepare journal entries for Soran Ltd to record all events : On 1 January 20X8 Kralls assets were recorded at fair values. Prepare journal entries for Soran Ltd to record all events in 20X8 for its investment in Krall Ltd
Evaluate human ecology current events : You will analyze and evaluate a Human Ecology Current Events article. The articles must be published during the term that the course is taken.
Compute the unit product cost and make an income statement : Compute the unit product cost and Make an income statement for the year, Assume that the company uses absorption costing.
Calculate the actual yield of magnesium nitrate : Assuming an efficiency of 28.80%, calculate the actual yield of magnesium nitrate formed from 115.0 g of magnesium
What are the variable expenses per unit : Determine What is the company's new break-even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $72,000?
Who are the stakeholders affected by their proposals : Is there anything unethical in what each of them proposes? Who are the stakeholders affected by their proposals
What would be the total cost associated with each machine : What would be the total cost associated with each machine option, including both the initial purchasing cost and the annual operating cost
Prepare the journal entry to record the interest expense : Prepare the journal entry to record the interest expense and bond amortisation on 31 December 20X0. Assume no previous accrual of interest
Why you feel as though there is a niche or area for you : The market, the name of the company, why you feel as though there is a niche or area for you to succeed in the market. Research other companies in the same.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd