Business, 03.12.2019 05:31 ladypink94

(break-even point and selling price) specialty steel, inc. will manufacture and sell 190 comma 000190,000 units next year. fixed costs will total $340 comma 000340,000, and variable costs will be 6060 percent of sales. a. the firm wants to achieve a level of earnings before interest and taxes of $270 comma 000270,000. what selling price per unit is necessary to achieve this result? b. set up a pro forma income statement to verify your solution to part a.

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Answer from: lilquongohard

a. Selling price per unit: $8.15

b. Pro forma income statement given selling price per unit is $8.15:

Sales revenue ( 8.15 x 190,000) $ 1,548,500

Variable cost (60.6% x 1,548,500) $ (938,391)

Fixed cost $ (340,000)

EBIT $270,109

=> Thus, at the selling price per unit at $8.15, the firm will achieved targeted EBIT

Explanation:

Calculation for selling price per unit as below:

Targeted Sales Revenue = (Targeted EBIT + Fixed cost) / Contribution margin ration = ( 270,000 + 340,000 ) / ( 1 - 60.60%) = $1,548,223.35.

Tarted selling price per unit = Targeted Sales Revenue / Unit sold = 1,548,223.35 / 190,000 = $8.15 per unit.

Answer from: Quest

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explanation:

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Answer from: Quest

$527.7.if the following was the question $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?

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