The writer is very fast, professional and responded to the review request fast also. Thank you.
Clock Company sells a single product. The company’s sales and expenses for a recent month follow:
TOTAL PER UNIT
Sales $600,000 $40
Less Variable Expenses 420,000 28
Contribution Margin 180,000 $12
Less fixed expenses 150,000
Net Operating Income $ 30,000
Required:
What is the monthly break-even point in units sold and in sales dollars?
Without resorting to computations, what is the total contribution margin at the break even point?
How many units would have to be sold each month to earn a minimum target profit of $18,000? Use the contribution margin method. Verify your answer by preparing a contribution income statement at the target level of sales.
Refer to the original data. Compute the company’s margin of safety in both dollar and percentage terms.
Clock Company sells a single product. The company’s sales and expenses for a recent month follow:TOTAL PER UNIT Sales $600,000 $40 Less Variable Expenses 420,000 28 Contribution MarginLess…
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more