110 the selling price of a road king bicycle is 700 unit variable costs are 350 and 4308059
110) The selling price of a Road King bicycle is $700, unit variable costs are $350, and total fixed costs are $12,600. How many bicycles will Road King need to sell to breakeven?
A) 25,200
B) 12
C) 36
D) 18
111) The selling price of a Road King bicycle is $700, unit variable costs are $350, and total fixed costs are $12,600. What are breakeven sales in dollars?
A) $8,400
B) $36
C) $12,600
D) $25,200
112) Barbara's Candles provides the following information about its single product.
Targeted operating income$55,000
Selling price per unit$100.00
Variable cost per unit$60.00
Total fixed cost$90,000
What is the contribution margin per unit?
A) $60.00
B) $0.40
C) $160.00
D) $40.00
113) Barbara's Candles provides the following information about its single product.
Targeted operating income$55,000
Selling price per unit$100.00
Variable cost per unit$60.00
Total fixed cost$90,000
What is the breakeven point in units?
A) 2,250
B) 1,375
C) 344
D) 563
114) Barbara's Candles provides the following information about its single product.
Targeted operating income$55,000
Selling price per unit$100.00
Variable cost per unit$60.00
Total fixed cost$90,000
How many units must be sold to earn the targeted operating income?
A) 1,375
B) 3,625
C) 2,250
D) 906
115) Martin Enterprises has a predicted operating income of $140,000. Its total variable expenses are $50,000 and its total fixed expenses are $20,000. The unit contribution margin for the company's sole product is $10. The number of units that Martin Enterprises needs to sell to achieve the predicted operating income would be
A) 12,000.
B) 21,000.
C) 11,000.
D) 16,000.
116) Martin Enterprises has a predicted operating income of $140,000. Its total variable expenses are $50,000 and its total fixed expenses have doubled from $20,000 to $40,000. The unit contribution margin for the company's sole product is $10. The number of units that Martin Enterprises needs to sell to achieve the predicted operating income would be
A) 10,000.
B) 13,000.
C) 23,000.
D) 18,000.
117) Rogers Incorporated has a targeted operating income of $518,000 for the upcoming year. The selling price of its single product is $40.50 each, while the variable cost per unit is $12.50. Fixed costs total $182,000.
Calculate the following:
a.Contribution margin per unit
b.Breakeven point in units
c.Units to be sold to earn the targeted operating income