Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please help fill the table lindon company is th

please help fill the table Lindon Company is the exclusive distributor for...

80.2K

Verified Solution

Question

Accounting

please help fill the table image
Lindon Company is the exclusive distributor for an automotive product selling for $22.00 per unit with a CM ratio of 30%. The company's fixed expenses are $105,600 per year and it plans to sell 17,400 units this year Required: 1. What are the variable expenses per unit? Note: Round your "per unit" answer to 2 decimal places. 2. What is the break-even point in unit sales and in dollar sales? 3. What amount of unit sales and dollar sales is required to attain a target profit of $39,600 per year? 4. Assume by using a more efficient shipper, the company can reduce its variable expenses by $2.20 per unit. What is the company's new break-even point in unit sales and dollar sales? What dollar sales are required to attain a target profit of $39,600

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

Q

How many liters of methanol would be required daily to remove the nitrogen from a 200,000-L/day...

Chemistry
Q

What is the difference between density-dependent and density-independent factors

Biology
Q

What type of genetic inheritance determines the ABO blood group system? What are the relations of...

Biology
Q

Design a randomized comparative experiments to test whether fluoxetine is effective at reducing depression. the participants are...

Advance Math
Q

The following table lists prices of Alphabet options in December 2015 when Alphabet stock was selling...

Finance
Q

Vulcan Company’s contribution format income statement for June is as follows: Vulcan Company Income Statement For the Month Ended...

Accounting
Q

Through the process of meiosis sex cells are produced that are OA unique with a...

Biology
Q

Photo by Chris Stenger Unsplash Why is the mode of nutrition of the organism shown...

Biology
Q

Problem26 Let ABC be a triangle with X and Y midpoints of the sides as...

Algebra
Q

A company incurred $85,000 of direct labor in its Roasting Department. The journal entry to...

Accounting
Q

Hello, i completed some homework questions and wanted to compare. The following questions are below....

Accounting
Q

You are a financial analyst for Panera Bread Company, reporting to the CFO. Part of...

Finance