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Abilene Industries manufactures and sells three products (XX, YY, and ZZ). The sales price and unit variable cost for the three products are as follows:
Their sales mix is reflected as a ratio of 4:2:1. Annual fixed costs shared by the three products are $345,000 per year.
- What are total variable costs for Abilene with their current product mix?
- Calculate the number of units of each product that will need to be sold in order for Abilene to break even.
- What is their break-even point in sales dollars?
- Using an income statement format, prove that this is the break-even point.
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- ABC Inc. manufactures and sells three products (A, B, and C). The sales price and unit variable cost for the three products are as follows: Sales Price Variable Cost Product per Unit- per Unit? A $50 $30 B 404 15 30 10< Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $258, 000 per year. 1. Calculate the number of units of each product that will need to be sold in order for ABC to break even. 2. What is their break-even point in sales dollars? 3. Using an income statement format, prove that this is the break- even point.PA 6. Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows:Product, Sales Price per Unit, Variable Cost per Unit (respectively): AA $50, $30; BB 40, 15; CC 30, 10.Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $258,000 per year. What are total variable costs for Morris with their current product mix?Calculate the number of units of each product that will need to be sold in order for Morris to break even.What is their break-even point in sales dollars?Using an income statement format, prove that this is the break-even point.Contribution margin Fixed costs Net income PB7. LO 3.4 Abilene Industries manufactures and sells three products (XX, YY, and ZZ). The sales price and unit variable cost for the three products are as follows: X Product XX YY ZZ Sales Price per Unit $75 60 55 Variable Cost per Unit $45 25 15 Their sales mix is reflected as a ratio of 4:2:1. Annual fixed costs shared by the three products are $345,000 per year. A. What are total variable costs for Abilene with their current product mix? B. Calculate the number of units of each product that will need to be sold in order for Abilene to break This OpenStax book is available for free at http://cnx.org/content/col25479/1.11 even. C. What is their break-even point in sales dollars? D. Using an income statement format, prove that this is the break-even point.
- ch7.46.1 Lotts Company produces and sells one product. The selling price is $10, and the unit variable cost is $6. Total fixed cost is $10,000. Unless otherwise instructed, round all total dollar figures (e.g., sales, total contribution margin) to the nearest dollar, breakeven or target units to the nearest unit, and unit costs and unit contribution margins to the nearest cent. Round ratios to four significant digits. For all the graphs below, the plus-marked line is total revenue, and the heavy solid line is total cost. graphs are attached. Required: 1. Of the four graphs below, choose the correct CVP graph for Lotts Company. What is the break-even point in units?Correct answer is ?Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Product Sales Priceper Unit Variable Costper Unit AA $55 $25 BB 40 10 CC 30 5 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $377,000 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs $fill in the blank 5d1c9104201ef8e_1 B. Calculate the number of units of each product that will need to be sold in order for Morris to break even. Number ofUnits per Product AA fill in the blank 5d1c9104201ef8e_2 BB fill in the blank 5d1c9104201ef8e_3 CC fill in the blank 5d1c9104201ef8e_4 C. What is their break-even point in sales dollars? Break-even point in sales $fill in the blank 5d1c9104201ef8e_5 Feedback A. Determine the composite sales price,…orris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Product Sales Priceper Unit Variable Costper Unit AA $55 $30 BB 45 15 CC 30 15 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $220,500 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs $fill in the blank e0b38b060fef067_1 B. Calculate the number of units of each product that will need to be sold in order for Morris to break even. Number ofUnits per Product AA fill in the blank e0b38b060fef067_2 BB fill in the blank e0b38b060fef067_3 CC fill in the blank e0b38b060fef067_4 C. What is their break-even point in sales dollars? Break-even point in sales $fill in the blank e0b38b060fef067_5 D. Using an income statement format, prove that this is the…
- Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Product Sales Priceper Unit Variable Costper Unit AA $50 $35 BB 45 10 CC 30 5 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $253,000 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs $ B. Calculate the number of units of each product that will need to be sold in order for Morris to break even. Number ofUnits per Product AA BB CC C. What is their break-even point in sales dollars? Break-even point in sales $ D. Using an income statement format, prove that this is the break-even point. If an amount is zero, enter "0". Income Statement Sales Product AA $ Product BB Product CC Total Sales $ Variable Costs Product AA…The following information relates to the operations of a company; cost per unit from supplier- GH¢80, variable cost per unit GHC40 and total fixed cost of GHC300000. The company determines its selling price by adding a margin of 20%. What is the breakeven quantity? A. 5556units B. 6665units OC. 5000units D. 6000unitsPage 5 NUBD Co. sells two products, Avon and Bona. The company sells these products at the rate of 2 units of Avon and 3 units of Bona. The contribution margin per unit of Avon is P4 and of Bona is P2. The total fixed costs is P420,000. The selling price of Avon is P10 and Bona is P8. Compute for the following: a. Weighted contribution margin per unit b. Weighted contribution margin ratio. Round-off to 4 decimal places. c. Break-even point in units. d. Break-even point in sales e. Break-even point in pesos for Avon f. Break-even point in pesos for Bona.
- Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Product Sales Priceper Unit Variable Costper Unit AA $45 $30 BB 35 10 CC 35 5 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $189,000 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs $fill in the blank b16d34fd6fb7fb3_1 B. Calculate the number of units of each product that will need to be sold in order for Morris to break even. Number ofUnits per Product AA fill in the blank BB fill in the blank CC fill in the blank C. What is their break-even point in sales dollars? Break-even point in sales $fill in the blankMorris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Product Sales Priceper Unit Variable Costper Unit AA $45 $30 BB 35 10 CC 35 5 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $189,000 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs $ B. Calculate the number of units of each product that will need to be sold in order for Morris to break even. Number ofUnits per Product AA fill in the blank BB fill in the blank CC fill in the blank C. What is their break-even point in sales dollars? D. Using an income statement format, prove that this is the break-even point. If an amount is zero, enter "0". Income Statement Sales Product AA $fill in the blank Product BB fill in the blank…Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Product Sales Priceper Unit Variable Costper Unit AA $50 $25 BB 45 10 CC 30 15 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $390,000 per year. A. What are total variable costs for Morris with their current product mix?