Sugar Corporation manufactures specialized sugar cubes that are used in tea. The company has a sales price of $28, variable costs of $16 per unit, and fixed costs of $28,500. Sugar expects profit of $319,000 at its anticipated level of sales. If Sugar sells 4,100 units more than expected, how much higher will its profits be? Multiple Choice $319,000 $114,800 $49,200 $269,800
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- Bob's Company sells one product with a variable cost of $5 per unit. The company is unsure what price to charge in order to maximize profits. The price charged will alsoaffect the demand. If fixed costs are $100,000 and the following chart represents the demand at various prices, what price should be charged in order to maximize profits? Unit Sold Price 30,000 $10 40,000 $9 50,000 $8 60,000 $7Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably sell at $48 per unit. Flyer management desires a 12.5% profit margin on sales. Their current full cost for the product is $44 per unit.In order to meet the new target cost, how much will the company have to cut costs per unit, if any? a.$1 b.$2 c.$3 d.$0Flyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably sell at $48 per unit. Flyer management desires a 12.5% profit margin on sales. Flyer's current full cost for the product is $44 per unit. In order to meet the new target cost, how much will the company have to cut costs per unit, if any? Oa. $1 Ob. $3 Oc. $0 Od. $2
- Majid Corporation sells a product for $145 per unit. The product's current sales are 41,300 units and its break-even sales are 32,625 units. What is the margin of safety in dollars? Multiple Choice $3,736,965 $5,988,500 $4,730,625 $1,257,875de Campbell Enterprises produces a product with fixed costs of $53,400 and variable cost of $2.50 per unit. The company desires to earn a $28,000 profit and believes it can sell 11,000 units of the product. Required a. Based on this information, determine the target sales price. Note: Round your answer to 2 decimal places. Target sales price per unitFlyer Company sells a product in a competitive marketplace. Market analysis indicates that its product would probably sell at $48 per unit. Flyer management desires a 12.5% profit margin on sales. Flyer's current full cost for the product is $44 per unit. If the company cannot cut costs any lower than they already are, the profit margin on sales to meet the market selling price would be a.10.3% b.7.3% c.8.3% d.9.3%
- Saved Sugar Corp has a selling price of $26, variable costs of $16 per unit, and fixed costs of $24,000. Maple expects profit of $306,000 at its anticipated level of production. If Sugar sells 5,600 units more than expected, how much higher will its profits be? 8 Mutiple Choice $56,000 $306,000 $145,600 $250,000Cad Ltd has the following information relating to chocolates produced. Unit sales price Variable cost per unit Sales mix $ Fixed costs Target profit O d. 25 000 O a. 21 500 O b. 27 750 Choc O c. 30 000 $5 $3 70% Wicked $4 $1 20% Vanilla Total $3 $1.50 How many units in total must be sold to earn the target profit? (Ignore taxes.) 10% $21 500 $32 250M and M, Inc. produces a product that has a variable cost of $2.20 per unit. The company's fixed costs are $42,000. The product is sold for $5 per unit and the company desires to earn a target profit of $11,200. What is the amount of sales that will be necessary to earn the desired profit? (Do not round intermediate calculations.) Multiple Choice $75,000 $128,200 $95,000 $254,000
- M and M, Inc. produces a product that has a variable cost of $4.50 per unit. The company's fixed costs are $56,000. The product is sold for $8 per unit and the company desires to earn a target profit of $17,500. What is the amount of sales that will be necessary to earn the desired profit? (Do not round intermediate calculations.) Multiple Choice $408,000 $128,000 $201,500 $168,000 Zeus, Inc. produces a product that has a variable cost of $5 per unit. The company's fixed costs are $48,000. The product sells for $10 a unit and the company desires to earn a $24,000 profit. What is the volume of sales in units required to achieve the target profit? (Do not round intermediate calculations.) Multiple Choice 14,400 units 2,400 units 9,600 units 10,100 unitsAssume that you are in charge of pricing for a firm that produces pickles. You have fixed costs of $2,000,000. Variable costs are $0.75 per jar of pickles. You are selling your product to retailers for $0.89. You sell the pickles in cases of 24 jars per case. a. How many jars of pickles must you sell to break even? b. How much must you sell in dollars to break even? c. How many jars of pickles must you sell to break even plus make a profit of $300,000? d. Assume a retailer buys your product for $0.89. His business requires that he prices products with a 35 percent markup on cost. Calculate his selling price. e. Assume you have an MSRP of $1.39 for the pickles. If a retailer has a required 35 percent retailer margin on all products he sells, what is the most he is willing to pay the producer for the pickles? f. A clothing retailer knows that to break even and make a profit he needs to have a minimum retailer margin (also referred to as a contribution margin or gross margin) of at least…Sunland Enterprises produces giant stuffed bears. Each bear consists of $16 of variable costs and $13 of fixed costs and sells for $49. A wholesaler offers to buy 9,280 units at $18 each, for which Sunland has the capacity to produce. Sunland will incur extra shipping costs of $1 per bear. Determine the incremental income or loss that Sunland Enterprises would realize by accepting the special order. Incremental profit e Textbook and Media Save for Later $ Attempts: 0 of 1 used Submit Answer