Using the contribution margin technique, compute the break-even point in dollars and in units.Break-even sales $Break-even salesunits. In the month of March, Carla Vista Salon services 650 clients at an average price of $110. During the month, fixed costs were$14,256 and variable costs were 70% of sales.

BREAKEVEN POINTBreak Even means the volume of production or sales where there is no profit or…

Answered: Using the contribution margin…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 1PA: Colonels uses a traditional cost system and estimates next years overhead will be $480,000, with the...

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Colonels uses a traditional cost system and estimates next years overhead will be $480,000, with the estimated cost driver of 240,000 direct labor hours. It manufactures three products and estimates these costs: If the labor rate is $25 per hour, what is the per-unit cost of each product?
In the month of September, Matlock Industries sold 800 units of product. The average sales price was $30. During the month, fixed costs were $6,300 and variable costs were 70% of sales. Instructions Determine theBreak even point in units and dollars
In the month of March, Style Salon services 560 clients at an average price of $ 120. During the month, fixed costs were $ 21,024 and variable costs were 60% of sales. (a) Determine the total contribution margin in dollars, the per unit contribution margin, and the contribution margin ratio. Contribution margin in dollars $ Contribution margin per unit $ Contribution margin ratio %
In the month of June, Jose Hebert's Beauty Salon gave 3,800 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,900 and variable costs were 75% of sales. Contribution margin $ Contribution margin per unit
In the month of March, Pharoah Salon services 630 clients at an average price of $100. During the month, fixed costs were $14,880 and variable costs were 68% of sales. (A) Determine the total contribution margin in dollars, the per unit contribution margin, and the contribution margin ratio. Contribution margin in dollars $ Contribution margin per unit $ Contribution margin ratio % (B) Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even sales $ Break-even sales units
Finch Corporation paid one of its sales representatives $6,500 during the month of March. The rep is paid a base salary plus $11 per unit of product sold. During March, the rep sold 120 units. Required Calculate the total monthly cost of the sales representative's salary for each of the following months: Month Number of units Total variable cost Total fixed cost Total salary cost $ April 160 0 $ LA May 70 0 $ June 170 0 $ July 80 0
Gabriel Company sells a product for $90 per unit. Variable costs are $40 per unit and fixed costs are $630 per month. The company expects to sell 650 units in September. Calculate the contribution margin per unit, in total, and as a ratio.
During the month of September, Chase's Barbershop engaged with 590 clients at an average price of $200. During the month, fixed costs were $26,536 and variable costs were 69% of sales. (Do not use commas or dollar signs in your responses.) Contribution margin in dollars $ Contribution margin per unit $ Contribution margin ratio
In the month of June. Oriole Hebert's Beauty Salon gave 3,000 haircuts, shampoos, and hair colorings at an average price of$50. During the month, fixed costs were$18,000and variable costs were70%of sales.
In the month of September, Matiock Industries sold 800 units of product. The average sales price was $30. During the month, fixed costs were $6,300 and variable costs were 70% of sales. Instructions (a) Determine the contribution margin in dollars, per unit, and as a ratio. (b) Using the contribution margir technique, compute the break-even point in dollars and in units.
Solomon Corporation paid one of its sales representatives $4,000 during the month of March. The rep is paid a base salary plus $10 per unit of product sold. During March, the rep sold 300 units. Required Calculate the total monthly cost of the sales representative's salary for each of the following months: Month April May June July Number of units sold Total variable cost Total fixed cost 320 180 360 200 Total salary cost
Market Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10%. Fixed manufacturing costs total $1,250 per month, while fixed selling and administrative costs total $2,500. Market Cellular sold 125 units in the Month of August - Create a Total Contribution Margin Income Statement - Create per unit Contribution Margin Statement for the Month of August

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Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even sales $ Break-even sales units.