CVP - All work must be shown for full credit. 3. How many units must...
60.1K
Verified Solution
Link Copied!
Question
Accounting
CVP - All work must be shown for full credit. 3. How many units must Smith Company sell to breakeven if the selling price per unit is $912.00, the variable costs are $181.50 per unit for manufacturing cost and $60.50 per unit for commissions, and fixed costs are $6,009,900? (5 points) What is the breakeven point in total dollars of sales? (3 points) 4. (a) Find the targeted number of sales in cars for Really Honest Motors if the variable cost per car is $23,950, the selling price per car is $38,765 and the fixed costs are $874,085 and the company wishes to make $444, 450 in profit. Work must be shown for credit. (5 points) I (b) If variable costs increase TO $25,105 but the FC decrease to $784,950, will the Really Honest Motors have to sell more, less or the same number of cars to achieve the same profit and, if not the same, how many cars more or less? Show your work to prove your decision. (4 points)
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!
