Accounting Questions

7 Accounting questions

First 2 look like this to give you an idea, please open doc to see all 5 questions. 

Brief Exercise 18-8

Meriden Company has a unit selling price of $780, variable costs per unit of $390, and fixed costs of $256,230.

Compute the break-even point in units using the mathematical equation.

Brief Exercise 18-10

For Turgo Company, variable costs are 56% of sales, and fixed costs are $179,600. Management’s net income goal is $104,156.

Compute the required sales in dollars needed to achieve management’s target net income of $104,156.