Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 6 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 10 Sep 2017 My Price 10.00

ScholarPak Company

ScholarPak Company produced and sold 77,000 backpacks during the year just ended at an average price of $37.00 per unit. Variable manufacturing costs were $15.50 per unit, and variable marketing costs were $5.22 per unit sold. Fixed costs amounted to $547,000 for manufacturing and $221,600 for marketing. There was no year-end work-in-process inventory. (Ignore income taxes.)

 

Required:
1.

Compute ScholarPakAc€?cs break-even point in sales dollars for the year. (Do not round intermediate calculations and round your final answer to nearest whole number.)
   

      

2.

Compute the number of sales units required to earn a net income of $575,000 during the year. (Do not round intermediate calculations and round your final answer up to nearest whole number.)
   

      

3.

ScholarPakAc€?cs variable manufacturing costs are expected to increase by 10 percent in the coming year. Compute the firmAc€?cs break-even point in sales dollars for the coming year. (Do not round intermediate calculations and round your final answer to nearest whole dollar.)
   

      

4.

If ScholarPakAc€?cs variable manufacturing costs do increase by 10 percent, compute the selling price that would yield the same contribution-margin ratio in the coming year. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

 

Answers

Maurice Tutor
(5)
Status NEW Posted 10 Sep 2017 04:09 PM My Price 10.00

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