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Author Question: Tom's Tire Tower, Inc., sells tires for $110. The unit variable cost per tire is $85. Fixed costs ... (Read 217 times)

Lobcity

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on: Mar 6, 2021

Question 1

In 2017, Craylon Company has sales of $1,000,000, variable costs of $250,000, and fixed costs of $200,000. In 2018, the company expects annual property taxes to decrease by $15,000.

Required:
a.Calculate operating income and the breakeven point for 2017.
b.Calculate the breakeven point for 2018. 


Question 2

Tom's Tire Tower, Inc., sells tires for $110. The unit variable cost per tire is $85. Fixed costs total $475,000.

Required:
a.What is the contribution margin per tire?
b.What is the breakeven point in tires?
c.How many tires must be sold to earn a pretax income of $450,000?
d.What is the margin of safety, assuming 33,000 tires are sold? 
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Marked as best answer by Lobcity on Mar 6, 2021

kxciann

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Lobcity

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

kishoreddi

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Reply 3 on: Yesterday
Gracias!

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