QUESTION 15 Lost A Friend, Inc. sells its product at a price of $24 per...
80.2K
Verified Solution
Link Copied!
Question
Accounting
QUESTION 15 Lost A Friend, Inc. sells its product at a price of $24 per unit and has S15 in per unit variable costs. The company's total fixed costs are $183,500. What is the firm's break-even point in units (rounded up to the nearest whole unit)? a. 20,389 b. 12,234 C. 4,706 d. None of the other choices are correct e. 7,646 QUESTION 16 Blue Pastures, Co. is currently selling 900 units of its product. The following information is also given for the firm: Per unit: Per month: Sales price $185 Variable manufacturing costs 582 Fixed Manufacturing costs S48,000 Variable Selling and Administrative costs S12 Fixed Selling and Administrative costs $35,100 How many units must the firm sell in order to earn net income of $39,000 (assume no taxes). Round your final answer up to the nearest whole unit. a. None of the other choices are correct b.957 C. 1,186 d. 1,342 e. 914
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!