What is the widget cost, XYZ Company is a retailer of widgets. XYZ pays $4.10 for each, Accounting Basics

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What is the widget cost

XYZ Company is a retailer of widgets. XYZ pays $4.10 for each widget and sells them for $8.50. Monthly fixed costs are $31,240. The widget cost is the only variable cost.

a.	What is the contribution margin per unit?

Contribution margin

$per unit

b.	What is the break-even point in units?

Break-even point

units

c.	How many units will XYZ need to sell to earn target profit of $29,480?

Total number of units

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Accounting Basics: What is the widget cost

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Accounting Basics: What is the widget cost

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Recent Questions Asked Accounting Basics

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Accounting Basics: What is the widget cost

Reference No:- TGS0556207

Recent Questions Asked Accounting Basics

Q : What are budgeted conversion costs for january

Q : What was the amount of direct materials

Q : How much is reported for goodwill

Q : Complete the table for the levels of units sold

Q : What is the widget cost

Q : Indicate whether event would increase retained earnings

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