Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. ! required information [the following information

! Required information [The following information applies to the questions displayed below.) Henna Co. produces...

60.1K

Verified Solution

Question

Accounting

imageimage

! Required information [The following information applies to the questions displayed below.) Henna Co. produces and sells two products, T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 48,000 units of each product. Sales and costs for each product follow. Sales Variable costs Contribution margin Fixed costs Income before taxes Income taxes (32% rate) Net income Product T $ 825,600 577,920 247,680 113,680 134,000 42,880 $ 91,120 Producto $ 825,600 165, 120 660,480 526,480 134,000 42,880 $ 91,120 Required: 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 decimal places.) Product I Contribution Margin Ratio Choose Numerator: Choose Denominator: II = Contribution Margin Ratio Contribution margin ratio / II Break-Even Point in Dollars Choose Numerator: 1 Choose Denominator: = Break-Even Point in Dollars Break-even point in dollars 1 = 11 Producto Contribution Margin Ratio 1 = Contribution margin ratio Break-Even Point in Dollars 1 Break-even point in dollars

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

An electric utility is considering a new power plant in northern Arizona. Power from the plant...

Finance
Q

During mid-January 2004, average gas concentrations measured in Cache Valley were: ammonium (NH4) = 16 µg/m^3 nitrate (NO3)...

Chemistry
Q

In each of the following questions, assume that there is no volume change when HCl is...

Chemistry
Q

Take any of the firms mentioned in the Modern Monopoly discussion thread and discuss the actual...

Economics
Q

(Use Excel or R) Wenton Powersports produces dune buggies. They have three assembly lines, “Razor,” “Blazer,” and...

Basic Math
Q

Assume you are a project manager at JCDecaux and have been assigned to work with the...

General Management
Q

21 If the radius of the earth were increased by a factor of 2 keeping...

Physics
Q

A special deck of cards has 5 blue cards, and 3 yellow cards. The blue...

Basic Math
Q

The given data represents a frequency distribution of the F scale intensities of recent tornadoes...

Statistics
Q

Need help with excel formulas please 1 B C D E F G H...

Accounting
Q

ABC Exercise (1) Dubai Industrial Company manufactures two products: Crystal and Glass. Management believes that...

Accounting
Q

Cost of goods manufactured equals $75000 for 2019. Finished goods inventory is $3000 at the...

Accounting