Adreanna1018
23.03.2020 •
Business
Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.
Sales (4,000 units) $ 240,000
Variable expenses 156,000
Contribution margin 84,000
Fixed expenses 81,900
Net operating income $ 2,100
The break-even point in dollar sales is closest to:
a. $234,000
b. $237,900
c. $156,000
d. $0
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Ответ:
Break-even point (dollars)= $234,000
Explanation:
Giving the following information:
Sales (4,000 units) $ 240,000
Variable expenses 156,000
Fixed expenses 81,900
First, we need to calculate the selling price and unitary variable cost:
Selling price= 240,000/4,000= $60 per unit
Unitary variable cost= 156,000/4,000= $39 per unit
Now, we can calculate the break-even point in dollars, using the following formula:
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 81,900/ [(60 - 39)/60]
Break-even point (dollars)= $234,000
Ответ:
$129,000
Explanation:
Calculation for what the correct gross profit would be:
Correct gross profit =$410,000-($261,000+$20,000)
Correct gross profit =$410,000-$281,000
Correct gross profit =$129,000
Therefore the correct gross profit would be:$129,000