41 if the selling price per unit of a product is 50 variable costs per unit are 40 a 4309568

41) If the selling price per unit of a product is \$50, variable costs per unit are \$40, and total fixed costs are \$50,000, a company must sell 6,000 units to make a target operating income of \$10,000.

42) Gilley, Inc., sells a single product. The company's most recent income statement is given below.

Sales (4,000 units)\$120,000

Less variable expenses(68,000)

Contribution margin52,000

Less fixed expenses(40,000)

Net income\$ 12,000

Required:

a.Contribution margin per unit is\$ ________ per unit

b.If sales are doubled to \$240,000,

total variable costs will equal\$ ________

c.If sales are doubled to \$240,000,

total fixed costs will equal\$ ________

d.If 10 more units are sold, profits will increase by\$ ________

e.Compute how many units must be sold to break even.# ________

f.Compute how many units must be sold

to achieve profits of \$20,000.# ________

43) Black Pearl, Inc., sells a single product. The company's most recent income statement is given below.

Sales\$50,000

Less variable expenses(30,000)

Contribution margin20,000

Less fixed expenses(12,500)

Net income\$ 7,500

Required:

a.Contribution margin ratio is________ %

b.Breakeven point in total sales dollars is\$ ________

c.To achieve \$40,000 in net income, sales must total\$ ________

d.If

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