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E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Safety [LO 6-1, 6-2, 6-3] Cove's Cakes is a local bakery. Price and cost information follows: Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of safety if it currently sells 370 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $2,900 in profit. Complete this question by entering your answers in the tabs below. Determine Cove's break-even point in units and sales dollars, (Round your Break-Even Units answer to the nearest whole number. Round your other intermediate calcutations and soles dollars answer to 2 decimal places.) E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Safety [LO 6-1, 6-2, 6-3] Cove's Cakes is a local bakery. Price and cost information follows: Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of safety if it currently sells 370 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $2,900 in profit. Complete this question by entering your answers in the tabs below. Determine the bakery's margin of safety if it currently sells 370 cakes per month. (Round your intermediate calculations to 2 decimals. Round the break-even units and final answer to nearest whole dollar.) E6-3 (Algo) Determining Break-Even Point, Target Profit, Margin of Safety [LO 6-1, 6-2, 6-3] Cove's Cakes is a local bakery. Price and cost information follows: Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of safety if it currently sells 370 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $2,900 in profit. Complete this question by entering your answers in the tabs below. Determine the number of cakes that Cove must sell to generate $2,900 in profit. (Round your intermediate calculations to 2 decimal places and final answer to nearest whole number.) E6-10 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Margin of Safety [ LO 6-2, 6-3] Last month, Laredo Company sold 510 units for $55 each. During the month, fixed costs were $5,478 and variable costs were $22 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Complete this question by entering your answers in the tabs below. Determine the unit contribution margin and contribution margin ratio. (Round your Contribution Margin Ratio to the nearest whole percentage.) E6-10 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Margin of Safety [LO 6-2, 6-3] Last month, Laredo Company sold 510 units for $55 each. During the month, fixed costs were $5,478 and variable costs were $22 per unit: Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Complete this question by entering your answers in the tabs below. Calculate the break-even point in units and sales dollars. (Round your answers to the nearest whole number.) E6-10 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Margin of Safety [LO 6-2, 6-3] Last month, Laredo Company sold 510 units for $55 each. During the month, fixed costs were $5,478 and variable costs were $22 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio: 2. Calcuiate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Complete this question by entering your answers in the tabs below. Compute Laredo's margin of safety in units and as a percentage of sales. (Round your intermediate calculations to the nearest Whole number, Round your Percentage of Sales answer to 4 decimal places (he. 0.123456 should be entered as 12.3456%) ). E6-20 (Algo) Analyzing Multiproduct CVP [LO 6-6] Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Required: 1. Determine the weighted-average contribution margin per unit. 2. Determine the number of units of each product that Tiago must sell to break even if fixed costs are $190,000. 3. Determine how many units of each product must be sold to generate a profit of $71,000. Complete this question by entering your answers in the tabs below. Determine the weighted-average contribution margin per unit. (Round your intermediate calculations and final answer to 2 decimal places.) E6-20 (Algo) Analyzing Multiproduct CVP [LO 6-6] Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Required: 1. Determine the weighted-average contribution margin per unit. 2. Determine the number of units of each product that Tiago must sell to break even if fixed costs are $190,000. 3. Determine how many units of each product must be sold to generate a profit of $71,000. Complete this question by entering your answers in the tabs below. Determine the number of units of each product that Tiago must sell to break even if fixed costs are $190,000. (Round your intermediate calculations to nearest whole number. Round your answers up to the next whole number. Round weightedaverage contribution margin per unit to 2 decimal places.) E6-20 (Algo) Analyzing Multiproduct CVP [LO 6-6] Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Required: 1. Determine the weighted-average contribution margin per unit. 2. Determine the number of units of each product that Tiago must sell to break even if fixed costs are $190,000. 3. Determine how many units of each product must be sold to generate a profit of $71,000. Complete this question by entering your answers in the tabs below. Determine how many units of each product must be sold to generate a profit of $71,000. (Round your intermediate calculations to nearest whole number Round your answers up to the next whole number. Round weighted-average contribution margin per unit to 2 decimal places.) PA6-3 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point, Target Profit [LO 6-1, 6-2] Hawk Homes, Inc., makes one type of birdhouse that it sells for $30.20 each. Its variable cost is $13.70 per house, and its fixed costs total $14,289.00 per year. Hawk currently has the capacity to produce up to 3,000 birdhouses per year, so its relevant range is 0 to 3,000 houses, Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,180 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 4. Caiculate Hawk's break-even point in number of units and in sales revenue. 5. Suppose Hawk wants to earn $25,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. Complete this question by entering your answers in the tabs below. Prepare a contribution margin income statement for Hawk assuming it selis 1 , 180 birdhouses this year. (Enter your answers rounded to 2 decimal places.) Complete this question by entering your answers in the tabs below. Prepare a contribution margin income statement for Hawk assuming it sells 1,180 birdhouses this year. (Enter your answer rounded to 2 decimal places.) Hawk Homes, Inc, makes one type of birdhouse that it sells for $30.20 each. Its variable cost is $13.70 per house, and its fixed costs total $14,289.00 per year. Hawk currently has the capacity to produce up to 3,000 birdhouses per year, so its relevant range is 0 to 3,000 houses. Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,180 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 4. Calculate Hawk's break-even point in number of units and in sales revenue. 5. Suppose Hawk wants to earn $25,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. Complete this question by entering your answers in the tabs below. Without any calculations, determine Hawk's total contribution margin if the company breaks even. (Enter your answer rounded to 2 decimal places.) Hawk Homes, Inc., makes one type of birdhouse that it sells for $30.20 each. Its variable cost is $13.70 per house, and its fixed costs total $14,289.00 per year. Hawk currently has the capacity to produce up to 3,000 birdhouses per year, so its relevant range is 0 to 3,000 houses Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,180 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 4. Calculate Hawk's break-even point in number of units and in sales revenue. 5. Suppose Hawk wants to earn $25,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. Complete this question by entering your answers in the tabs below. Calculate Hawk's contribution margin per unit and its contribution margin ratio. (Round your answers to 2 decimal places. (i.e. .1234 should be entered as 12.34%.)) Hawk Homes, Inc., makes one type of birdhouse that it sells for $30.20 each. Its variable cost is $13.70 per house, and its fixed costs total $14,289.00 per year. Hawk currently has the capacity to produce up to 3,000 birdhouses per year, so its relevant range is 0 to 3,000 houses. Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,180 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 4. Calculate Hawk's break-even point in number of units and in sales revenue. 5. Suppose Hawk wants to earn $25,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. Complete this question by entering your answers in the tabs below. Calculate Hawk's break-even point in number of units and in sales revenue. (Round your "Sales Revenue" answer to 2 decimal places and "Unit" answer to the nearest whole number.) Hawk Homes, Inc., makes one type of birdhouse that it sells for $30.20 each. Its variable cost is $13.70 per house, and its fixed costs total $14,289.00 per year. Hawk currently has the capacity to produce up to 3,000 birdhouses per year, so its relevant range is 0 to 3,000 houses. Required: 1. Prepare a contribution margin income statement for Hawk assuming it sells 1,180 birdhouses this year. 2. Without any calculations, determine Hawk's total contribution margin if the company breaks even. 3. Calculate Hawk's contribution margin per unit and its contribution margin ratio. 4. Calculate Hawk's break-even point in number of units and in sales revenue. 5. Suppose Hawk wants to earn $25,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. Complete this question by entering your answers in the tabs below. Suppose Hawk wants to earn $25,000 this year. Determine how many birdhouses it must sell to generate this amount of profit. (Round your answer to the nearest whole number.)

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