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Carr Company makes 2 products, buckets and shovels. Additional information follo

ID: 2456547 • Letter: C

Question

Carr Company makes 2 products, buckets and shovels. Additional information follows:

Buckets

Shovels

Units

1,000

1,500

Sales

$60,000

$25,000

Variable costs

25,200

13,750

Fixed costs

12,000

5,250

Net income

$22,800

$6,000

Pounds of plastic per unit

1.90

0.48

Profit per unit

$22.80

$4.00

Contribution margin per unit

$34.80

$11.25

      The company can sell as many buckets and shovels as it can manufacture. How many total units of product will Carr sell at its breakeven point?

Buckets

Shovels

Units

1,000

1,500

Sales

$60,000

$25,000

Variable costs

25,200

13,750

Fixed costs

12,000

5,250

Net income

$22,800

$6,000

Pounds of plastic per unit

1.90

0.48

Profit per unit

$22.80

$4.00

Contribution margin per unit

$34.80

$11.25

Explanation / Answer

Statement showing computations Particulars Buckets Shovels Fixed Costs                12,000.00                               5,250.00 Contribution Margin per unit                        34.80                                     11.25 Break even point in Units = Fixed costs/ Cont p u Buckets = 12000 / 34.80 Shovels = 5250/11.25                      344.83                                   466.67