Tirri Corporation has provided the following information:
Cost per Unit | Cost per Period | ||||||
Direct materials | $ | 7.50 | |||||
Direct labor | $ | 3.85 | |||||
Variable manufacturing overhead | $ | 1.55 | |||||
Fixed manufacturing overhead | $ | 24,400 | |||||
Sales commissions | $ | 1.05 | |||||
Variable administrative expense | $ | 0.60 | |||||
Fixed selling and administrative expense | $ | 8,800 | |||||
If the selling price is $28.10 per unit, the contribution margin per unit sold is closest to:
Selling price per unit = $28.10
Variable cost per unit = $7.5 + $3.85 + $1.55 + $1.05 + $0.60
= $14.55
Contribution margin per unit = $28.10 - $14.55
= $13.55
Working Notes
Contribution margin per unit = selling price - variable cost per unit
Tirri Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.15 Direct labor $ 3.90 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 16,200 Sales commissions $ 0.60 Variable administrative expense $ 0.70 Fixed selling and administrative expense $ 6,600 If the selling price is $21.70 per unit, the contribution margin per unit sold is closest to:
Kesterson Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.60 Direct labor $ 3.90 Variable manufacturing overhead $ 1.55 Fixed manufacturing overhead $ 27,900 Sales commissions $ 1.90 Variable administrative expense $ 0.60 Fixed selling and administrative expense $ 7,200 The incremental manufacturing cost that the company will incur if it increases production from 9,000 to 9,001 units is closest to:
Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.50 Direct labor $ 3.40 Variable manufacturing overhead $ 1.30 Fixed manufacturing overhead $ 18,700 Sales commissions $ 0.50 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 5,200 If the selling price is $20.40 per unit, the contribution margin per unit sold is closest to:
Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $ 6.85 Direct labor $ 3.90 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 22,500 Sales commissions $ 1.00 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 7,500 If the selling price is $21.20 per unit, the contribution margin per unit sold is closest to: $19.65 O $7.65 O $12.00 O $9.20 Question 17
Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.15 Direct labor $ 3.70 Variable manufacturing overhead $ 1.30 Fixed manufacturing overhead $ 6,300 Sales commissions $ 1.60 Variable administrative expense $ 0.60 Fixed selling and administrative expense $ 3,600 If 3,500 units are sold, the total variable cost is closest to:
Kesterson Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.15 Direct labor $ 4.20 Variable manufacturing overhead $ 1.55 Fixed manufacturing overhead $ 18,900 Sales commissions $ 2.10 Variable administrative expense $ 0.40 Fixed selling and administrative expense $ 4,900 If 7,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to:
Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor $ 3.70 Variable manufacturing overhead $ 1.30 Fixed manufacturing overhead $ 11,900 Sales commissions $ 0.50 Variable administrative expense $ 0.60 Fixed selling and administrative expense $ 3,600 If 3,500 units are produced, the total amount of manufacturing overhead cost is closest to:
Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.75 Direct labor $ 3.90 Variable manufacturing overhead $ 1.55 Fixed manufacturing overhead $ 15,300 Sales commissions $ 0.75 Variable administrative expense $ 0.80 Fixed selling and administrative expense $ 7,200 If 4,500 units are sold, the total variable cost is closest to: Multiple Choice $66,825 $80,550 $61,875 $54,900
Kesterson Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.90 Direct labor $ 3.70 Variable manufacturing overhead $ 1.30 Fixed manufacturing overhead $ 9,900 Sales commissions $ 1.60 Variable administrative expense $ 0.60 Fixed selling and administrative expense $ 3,600 The incremental manufacturing cost that the company will incur if it increases production from 4,500 to 4,501 units is closest to: Multiple Choice $11.90 $14.10 $17.10 $14.70
Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.25 Direct labor $ 3.90 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 7,200 Sales commissions $ 1.80 Variable administrative expense $ 0.30 Fixed selling and administrative expense $ 6,600 If 4,500 units are sold, the variable cost per unit sold is closest to: