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Victoria Company reports the following operating results for the month of April.

Posted: Wed Jul 06, 2022 6:12 am
by answerhappygod
Victoria Company reports the following operating results for themonth of April.
Victoria Company Reports The Following Operating Results For The Month Of April 1
Victoria Company Reports The Following Operating Results For The Month Of April 1 (39.27 KiB) Viewed 11 times
Victoria Company reports the following operating results for the month of April. VICTORIA COMPANY CVP Income Statement For the Month Ended April 30, 2020 Total $400,000 Sales (8,000 units) Variable costs Contribution margin Fixed expenses Net income Break-even point Break-even point Margin of safety $ Management is considering the following course of action to increase net income: Reduce the selling price by 10%, with no changes to unit variable costs or fixed costs. Management is confident that this change will increase unit sales by 20%. Break-even point Using the contribution margin technique, compute the break-even point in units and dollars and margin of safety in dollars: (Round intermediate calculations to 4 decimal places e.g. 0.2522 and final answer to 0 decimal places, e.g. 2,510.) (a) Assuming no changes to selling price or costs. $ Break-even point LA Margin of safety 200,000 200,000 $ 182,600 $17,400 LA Per Unit $50 25.00 $25.00 (b1) Assuming changes to sales price and volume as described above. 7304 365200 34800 units units