Ask Experts Questions for FREE Help !
Ask
    oriolesfangrl's Avatar
    oriolesfangrl Posts: 15, Reputation: 1
    New Member
     
    #1

    Feb 8, 2010, 09:08 AM
    questions about find total sales?
    I am trying to find the total sales.

    I am given : Fix costs $345,700
    Unit Variable Costs $50.95
    Unit Selling Price $68.50

    How would I figure this out?

    I am trying to find the total sales.

    I am given : Fix costs $345,700
    Unit Variable Costs $50.95
    Unit Selling Price $68.50

    How would I figure this out?
    oriolesfangrl's Avatar
    oriolesfangrl Posts: 15, Reputation: 1
    New Member
     
    #2

    Feb 11, 2010, 07:03 AM
    2 questions about total sales??
    I am trying to find the total sales.

    I am given : Fix costs $345,700
    Unit Variable Costs $50.95
    Unit Selling Price $68.50

    How would I figure this out?
    oriolesfangrl's Avatar
    oriolesfangrl Posts: 15, Reputation: 1
    New Member
     
    #3

    Feb 11, 2010, 08:48 AM
    How to calculate total sales??
    I am trying to find the total sales.

    I am given : Fix costs $345,700
    Unit Variable Costs $50.95
    Unit Selling Price $68.50

    How would I figure this out?
    oriolesfangrl's Avatar
    oriolesfangrl Posts: 15, Reputation: 1
    New Member
     
    #4

    Feb 11, 2010, 09:34 AM
    questions about find total sales?
    I am trying to find the total sales.

    I am given : Fix costs $345,700
    Unit Variable Costs $50.95
    Unit Selling Price $68.50

    How would I figure this out?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #5

    Feb 11, 2010, 09:47 AM

    You haven't provided enough information to answer the question. Do you know what the total profit is? Or perhaps the number of units sold?
    oriolesfangrl's Avatar
    oriolesfangrl Posts: 15, Reputation: 1
    New Member
     
    #6

    Feb 11, 2010, 11:04 AM

    I answer the first part of the question. It was compute the contribution margin. I did unit sales-unit variable cost= $17.55. Now I'm trying to find the contribution margin ratio. And to do this I think you have to do sales-variable cost/sales. I can't figure out how to find sales. The numbers above is all I'm given though. I was told the answer is 26% but can't figure it out.
    oriolesfangrl's Avatar
    oriolesfangrl Posts: 15, Reputation: 1
    New Member
     
    #7

    Feb 11, 2010, 11:07 AM

    On the one after this one it asks for break in point in units and I told to set the profit to 0 so maybe the profit would be 0 for the one I'm trying to do.
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #8

    Feb 11, 2010, 11:09 AM

    You don't need to know the sales volume. Contribution margin ratio = contribution margin per unit divided by sales price per unit:

    17.55/68.50 = 25.6%
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
     
    #9

    Feb 11, 2010, 11:11 AM
    Quote Originally Posted by oriolesfangrl View Post
    On the one after this one it asks for break in point in units and I told to set the profit to 0 so maybe the profit would be 0 for the one I'm trying to do.
    No - the break-even point is your total fixed cost divided by the contribution margin per unit. You have that data.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #10

    Feb 12, 2010, 02:25 AM

    The profit and break even aren't related to the contribution margin ratio. (Not directly anyway.) The contribution margin ratio is the CM as a percent of the sales price - as ebaines showed. As long as the sales price and the variable costs per unit do not change, this ratio will remain the same, regardless of anything else. There is nothing in this ratio by itself that says anything about how many units sold, profit, etc. It's just the ratio relationship.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #11

    Feb 12, 2010, 04:18 PM

    It seems to me you have posted this question at least three different times. This one, the one I see next to it, and another I saw last night where someone already stated that there was insufficient info to answer it.

    Please do not keep posting the same question. It confuses people and just takes up more time, making it even longer before people get the answers they want.

    Please stay with the original thread someone answered.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #12

    Feb 13, 2010, 12:13 AM

    oriolesfangrl, I have merged together several of your posts since you have been posting the same question numerous times. Please keep the same problem all in one thread.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

How to find beginning retained earnings with total revenues and total expenses [ 1 Answers ]

The company's total equity increased by $32,000 during 2011. New stockholder investment during the year totaled $65,000. Total revenues during the year were $500,000 and total expenses were $460,000. Cash on decreased by $7,500 during the year. What amount of dividends did the company declare...

Need to find the total sales [ 1 Answers ]

I must be missing something, how would I determine the total sales with this information? My questions involve calculating the degree of operation leverage, the degree of financial leverage, and the degree of combined leverage and how to interpret this value. I for one can not understand how to...


View more questions Search