To obtain the dollar sales volume necessary
WebTo obtain the dollar sales volume necessary to attain a given target profit, which of the following formulas should be used? A) (Fixed expenses + Target net profit)/Total contribution margin B) (Fixed expenses + Target net profit)/Contribution margin ratio C) Fixed expenses/Contribution margin per unit D) Target net profit/Contribution margin ratio WebMar 2, 2024 · The formula that should be used: (Fixed expenses + Target net profit) ÷ Contribution margin ratio The formula to determine the dollar sales volume for attaining the target profit is as follows: = (Fixed expenses + target profit) ÷ (Contribution margin ratio) …
To obtain the dollar sales volume necessary
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WebLast year's revenues totaled $300,000. (a) Determine its break-even point in sales dollars. $Answer 375,000 wrong (b) Determine last year's margin of safety in sales dollars. $Answer 75,000 wrong (c) Determine the sales volume required for an annual profit of $80,000. Round your answer to the nearest dollar. $Answer 316,667 wrong WebJun 24, 2024 · Once you've determined the deadline for your target profit calculation, the contribution margin and any fixed costs, you can use the CVP formula to find your target profit: Projected sales = (target profit + fixed costs) / contribution margin per unit Insert your figures into the formula.
WebCalculation of sales at the required operating income of $12000. Break Even Sales = 120,000, So, Variable Cost = Sales - Fixed Cost = 120,000 - 30,000 = 90,000. Contribution Margin = (120,000 - 90,000)/120000 = 25% Desired increase in sales required = Desired increase in operating Income / Contribution Margin = $12000/25% = $48000. Web10. If a company increases its selling price by $2 per unit due to an increase in its variable labor cost of $2 per unit, the break-even point in units will: A) decrease. B) increase. C) not change.(X) D) change but direction cannot be determined. C ) not change . ( X ) 11.
Webdefinition. DOLLAR VOLUME means the product of (a) the Closing Price multiplied by (b) the trading volume on the Principal Market on a Trading Day. DOLLAR VOLUME means for any Trading Day the dollar volume of the shares of Common Stock traded on the Principal … WebThis problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. See Answer See Answer See Answer done loading
WebTo obtain the dollar sales volume necessary to attain a given target profit, which of the following formulas should be used? (Fixed expenses + Target net profit)/Total contribution margin (Fixed expenses + Target net profit)/Contribution margin ratio Fixed …
WebTo obtain the dollar sales volume necessary to attain a given target profit, which of the following formulas should be used? A. (Fixed expenses + Target net profit)/Total contribution margin B. (Fixed expenses + Target net profit)/Contribution margin ratio C. … samsung tablet informationWebMar 24, 2024 · Last Modified Date: March 24, 2024. The dollar volume is the total value, expressed in terms of US Dollars (USD), of a certain security or stock exchange, traded over a certain period of time. Often, it is reported over the course of one business day to … samsung tablet keeps turning on and offhttp://www.accountingmcqs.com/to-obtain-the-dollar-sales-volume-necessary-to-att-mcq-13981 samsung tablet how to turn onWebTo obtain the dollar sales volume necessary to attain a given target profit, whichof the following formulas should be used? A. (Fixed expenses + Target net profit)/Total contribution margin B. (Fixed expenses + Target net profit)/Contribution margin ratio C. Fixed expenses/Contribution margin per unitD. samsung tablet induction charge backWeb(a) What is the current break-even point in sales dollars? $ 0 (b) Assuming an income tax rate of 38 percent, what dollar sales volume is currently required to obtain an after-tax profit of $300,000? $ 0 (c) In the absence of income taxes, at what sales volume will both alternatives (automation and outsourcing) provide the same profit? $ 0 samsung tablet instructions for beginnersWebTo obtain the dollar sales volume necessary to attain a given target profit, which of the following formulas should be used? (Fixed expenses + Target net profit)/Contribution margin ratio Moyas Corporation sells a single product for $20 per unit. Last year, the company's sales revenue was $300,000 and its net operating income was $24,000. samsung tablet internet connectionWebNov 23, 2024 · To obtain the dollar sales volume necessary to attain a given target profit. ( Fixed expenses + Target net profit) ÷ Contribution margin ratio formula should be used. When referring to residential real estate, the term " dollar volume " simply refers to the sum of all residences' sales prices during a specific time period (month, quarter, year). samsung tablet keeps restarting when charging