CourseLover

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About CourseLover

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 286 Weeks Ago
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  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

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  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 21 Dec 2017 My Price 10.00

What is the total cost per unit?

The ABC Block Company produces sets of alphabet blocks. For one particular style, variable

production costs are $1.50 and variable selling costs are $2.00. There are identifiable fixed

production costs of $35,000 and fixed selling costs of $25,000. At a selling price of $10 per set,

ABC has been able to sell the entire 20,000 sets it can produce with available capacity.

1. What is the total cost (manufacturing & sales) per unit?

2. What is the quantity of sets of alphabet blocks that must be sold to break even?

3. What is the projected profit at 20,000 units? Prepare an income statement to prove your

answer.

Answers

CourseLover
(12)
Status NEW Posted 21 Dec 2017 07:12 AM My Price 10.00

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