Harry Corporation forecasts that next year it can sell 25,000 units of its family-sized ready-to-eat meals for $1,125,00
Posted: Wed Jul 06, 2022 6:26 am
company decides to sell its products in the open market, determine the amount of units required to break-even. Round up to the nearest whole unit. Break-Even Units:
Break-Even Units: e) Determine the operating profit if 38,000 units are produced and sold. Round your answer to the nearest whole number. Operating Income: $ f) Determine the amount of revenue that needs to be generated to yield an operating profit of $82,000. Round your answer to the nearest whole number. Revenue: $
Harry Corporation forecasts that next year it can sell 25,000 units of its family-sized ready-to-eat meals for $1,125,000. The expected contribution margin ratio is 55%. Fixed costs are estimated to be $433,000. Do not enter dollar signs or commas in the input boxes. a) What is the selling price per unit? Round your answer to 2 decimal places. Selling Price: $ b) Calculate the contribution margin if 29,000 units are produced and sold. Round your answer to the nearest whole number. Contribution Margin: $ c) Calculate the contribution margin per unit. Round your answer to 2 decimal places. CM per unit: $ d) If the Break-Even Units: e) Determine the operating profit if 38,000 units are produced and sold. Round your answer to the nearest whole number. Operating Income: $ f) Determine the amount of revenue that needs to be generated to yield an operating profit of $82,000. Round your answer to the nearest whole number. Revenue: $