Exercise units sold to break even unit variable cost unit, Ask an Expert

Accounting

Exercise : Units Sold to Break Even, Unit Variable Cost, Unit Manufacturing Cost, Units to Earn Target Income Werner Company produces and sells disposable foil baking pans to retailers for $2.75 per pan. The variable cost per pan is as follows:

Direct materials	$0.37
Direct labor	0.63
Variable factory overhead	0.53
Variable selling expense	0.12

Fixed manufacturing cost totals $111,425 per year. Administrative cost (all fixed) totals $48,350.

Required:
1. Compute the number of pans that must be sold for Werner to break even.

2. CONCEPTUAL CONNECTION What is the unit variable cost? What is the unit variable manufacturing cost? Which is used in cost-volume-profit analysis and why?

3. How many pans must be sold for Werner to earn operating income of $13,530?

4. How much sales revenue must Werner have to earn operating income of $13,530?

View complete question

Managerial Accounting, Accounting

Category:- Managerial Accounting
Reference No.:- M91954125

Have any Question?Write your Review or question?

Related Questions in Managerial Accounting

Managerial accounting assignment -background you are

Managerial Accounting Assignment - Background: You are recently employed as a graduate consultant in a management consultancy firm and are assigned to a team. One of your firm's clients is currently evaluating its budget ...

Accounting for decision makersproject - appendix

Accounting for Decision Makers PROJECT - APPENDIX A Requirements: 1. Choose a publicly traded company that you currently own/invest in or one that you would like to own / invest in 2. Research the company through the com ...

Corporate accounting assignment -question 1 - dr kelvin

Corporate Accounting Assignment - Question 1 - Dr. Kelvin opened a dental clinic on August 1, 2018. The business transactions for August are shown below: August 1 Dr. Kelvin invested $280,000 cash in the business in exch ...

Management accounting with a strategic perspective

MANAGEMENT ACCOUNTING with a STRATEGIC PERSPECTIVE Assignment - This Assignment is designed to give students an opportunity to: 1. Integrate traditional, contemporary and advanced theoretical and technical management acc ...

Managerial accounting assignment -background you have been

Managerial Accounting Assignment - Background: You have been hired by the Board of Directors of your chosen company (ASX Listed) to explain how ABC model can improve the management accounting information available to its ...

Corporate accounting assignment -assessment task - select

Corporate Accounting Assignment - Assessment task - Select two public limited companies listed on the Australian Securities Exchange (ASX) that are in the same industry. Go to the website of your selected companies. Then ...

Management accounting assessment - research amp analysis

Management Accounting Assessment - Research & Analysis Teamwork Assessment Description - Learning Outcome - Analyse the issues or problems (in a given scenario) using management accounting techniques and tools, and formu ...

Task descriptionyou have gained a position as vacation

Task Description You have gained a position as vacation student at the accounting firm T&K Solutions. In your capacity of vacation student you have been asked by the two partners of T&K Solutions to assist them with two ...

Managerial accounting group report performance measures

Managerial Accounting Group Report: Performance measures, remuneration and motivation Learning Outcomes - a) Analyse the roles of cost and management in organisations through the analysis of accounting concepts and tools ...

Duncan arrowroot confectionery dacrequired in hard copy no

Duncan Arrowroot Confectionery (DAC) Required in hard copy no later than the class scheduled time on Thursday, October 18th. 1) Prepare a memo to the Controller explaining how you would go about classifying the various r ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Managerial Accounting Expert