TLF Ltd wishes to sell 28,000 units of its product, which has a variable cost of £30 to make and sell. Fixed costs are £94,000 and required profit is £26,000. Required Calculate the sales price per unit
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TLF Ltd wishes to sell 28,000 units of its product, which has a variable cost of £30 to make and sell. Fixed costs are £94,000 and required profit is £26,000.
Required
Calculate the sales price per unit
Step by step
Solved in 2 steps
- Faldo Company produces a single product. The projected income statement for the coming year, based on sales of 200,000 units, is as follows: Required: 1. Compute the unit contribution margin and the units that must be sold to break even. Suppose that 30,000 units are sold above the break-even point. What is the profit? 2. Compute the contribution margin ratio and the break-even point in dollars. Suppose that revenues are 200,000 greater than expected. What would the total profit be? 3. Compute the margin of safety in sales revenue. 4. Compute the operating leverage. Compute the new profit level if sales are 20 percent higher than expected. 5. How many units must be sold to earn a profit equal to 10 percent of sales? 6. Assume the income tax rate is 40 percent. How many units must be sold to earn an after-tax profit of 180,000?If a company has fixed costs of $6.000 per month and their product that sells for $200 has a contribution margin ratio of 30%, how many units must they sell in order to break even? A. 100 B. 180 C. 200 D. 2,000Rhine Inc. make a single product with a selling price of £35 per unit. Fixed costs are £40,000 and variable costs per unit are £19. Rhine Inc. have a profit target of £15,000. How many units must be produced and sold to achieve that target?
- Kerrigan Ltd makes and sells product A. The current selling price is £11 and the total of variable costs per unit is £6. The fixed costs of production are £350,000 and the company currently sells 75,000 units. Required: (a) Calculate the break-even point (in units and revenues) of product A for Kerrigan Ltd. ] (b) Calculate the profit made on sales of 75,000 units. [] (c) The company will make an advertising campaign costs £10,000 and will improve the product specifications, which will increase the variable cost per unit by £1. This is expected to allow the company to increase the selling price to £13 and the sales is expected to be 80,000 unites. Calculate the new profit figure for the improved product.TLF Ltd wishes to sell 28,000 units of its product, which has a variable cost of £30 to make and sell. Fixed costs are £94,000 and required profit is £26,000. Please Calculate the sales price per unitPenny Corporation desires to earn target net income of $15,000. If the selling price per unit is $51, unit variable cost is $31, and total fixed costs are $685,000, the number of units that the company must sell to earn its target net income is
- Golden Corporation contemplates to market a new product. Estimated fixed costs is P1,000,000. The variable costs ratio is 60%. if the product is to be sold at P25 per unit, how many units should the company sell to earn a net income of P200,000?Golden Corporation contemplates to market a new product. Estimated fixed costs is P1,000,000. The variable costs ratio is 60%. if the product is to be sold at P25 per unit, how many units should the company sell to earn a net income of P200,000? 1. 120,000 units 2. 111,000 units 3. 96,000 units 4. 80,000 unitsAdams Enterprises produces a product with fixed costs of $49,900 and variable cost of $2.70 per unit. The company desires to earn a $26,000 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 unit
- RED manufactures a product which sells at £30 per unit and the variable cost is £23 per unit. Fixed costs are £50,000. If the selling price is increased by £3, and all other costs remain unchanged, the break-even point in units will: a. decrease by 1190 units (rounded to the nearest unit) b. decrease by 2,143 units c. increase by 2,143 units d. increase by 2,000 unitsABC Ltd produces a single product. The selling price is OMR 50 a unit and the variable costs is OMR 30 a unit. The annual fixed costs of the business are OMR 4000. The business aims to make OMR 10000 profit during the forthcoming year. How many units must be sold to achieve this target profit?123 INC. is planning to market 300,000 units of Product X. The fixed costs are P600,000 and the variable costs are 60% of the selling price.Question:Compute the selling price per unit if the company expects to earn a profit of P120,000 on its planned sales.
