Description of this paper

Hyland Company_Breakeven Analyasis

Description

solution


Question

Question;5. TheincomestatementforHylandCompanyfor2014;appearsbelow;Hyland Company;Income Statement;For the Year;Ended December 31, 2014;Salesrevenue(40,000 units);1,000,000;Variableexpenses;700,000;Contributionmargin;300,000;Fixedexpenses;345,000;Netincome(loss);(45,000);Instructions;Answerthe followingindependentquestionsandshowcomputationstosupportyouranswers;1. Whatwasthecompany?sbreak-evenpointinsalesdollarsin2014?;2. Howmanyadditionalunitswouldthecompanyhavetosellin2015;(comparedto2014) in;orderto earnnetincomeof$45,000?;3. Ifthecompanyisabletoreducevariablecostsby$4.50 perunitin2015 and othercostsandunit revenuesremainunchanged,howmanyunitswillthecompanyhavetosellinordertoearnanet incomeof$45,000?

 

Paper#44600 | Written in 18-Jul-2015

Price : $22
SiteLock