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? (Fixed expenses + Target net profit)/Total contribution margin (Fixed expenses + Target net profit)/Contribution margin ratio Fixed … 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.
To obtain the dollar sales volume necessary
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WebNov 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). WebThis can be answered by finding the number of units sold or the sales dollar amount. Required number of units sold: Profit = Revenues – Variable Costs – Fixed Costs $20 = (Units Sold X $5) – (Units Sold X $3) – $30 $50 = (Units Sold X $5) – (Units Sold X $3) Sales deducted from Variable Costs is the definition of contribution margin
WebMar 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 … 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
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)/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. 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? a. (Fixed expenses + Target net profit)/Contribution margin ratio b. Fixed expenses/Contribution margin per unit c. Target net …
WebThe target sales volume required to achieve a specific level of income can be computed using the this formula: If the target income is on an after-tax basis, the formula to compute for the target sales would be: Total fixed costs + [Target income / (1-Tax rate)] CM per unit mantle of the broken beastWeb10. 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. mantle of the master assassinWeb1. 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. D) change but direction cannot be determined.5 Ans:Level: Medium LO: … mantle of the keeperWebNov 21, 2024 · Sales volume is simply the quantity of goods sold in a period such as a month, quarter or year. Calculating this number is simple: you just have to record the items you sell each day and add those numbers together. For instance, if you sell 100 widgets a day, then you will sell 3000 widgets in one month and 36,000 widgets in one year. mantle of the expert romansWebTo 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. mantle of the maleficWebJun 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. kowhea learnWebDollars sales volume currently required = $2,057,576 / 40% Dollars sales volume currently required = $5,143,940 (c) contribution margin ratio in automation = 100% - 54% = 46% Contribution margin ratio in outsourcing = 100% - 65% = 35% Fixed costs in automation = $1,300,000 + $300,000 = $1,600,000 mantle of the raven queen