Homework Answers
| Unit | Per unit | Total | |
| Sales | 250000 | 90 | 22500000 |
| Variable cost | 250000 | 70 | 17500000 |
| Contribution margin | 250000 | 20 | 5000000 |
| Fixed cost | 3700000 | ||
| Operating income | 1300000 |
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Harrison Co. expects to sell 250,000 units of its product next year, which would generate total...
Harrison Co. expects to sell 150,000 units of its product next year, which would generate total...
Harrison Co. expects to sell 150,000 units of its product next
year, which would generate total sales of $12,000,000. Management
predicts that pretax net income for next year will be $1,200,000
and that the contribution margin per unit will be $30.
Harrison Co. expects to sell 150,000 units of its product next year, which would generate total sales of $12,000,000. Management predicts that pretax net income for next year will be $1,200,000 and that the contribution margin per unit will...
Harrison Co. expects to sell 220,000 units of its product next year, which would generate total...
Harrison Co. expects to sell 220,000 units of its product next year, which would generate total sales of $19,140,000. Management predicts that pretax net income for next year will be $1,270,000 and that the contribution margin per unit will be $23. Complete the below table to calculate the next year's total expected variable costs and fixed costs. HARRISON CO. Forecasted Contribution Margin Income Statement Units $ per unit 220,000 Contribution margin $ 23 Nombre Company management predicts $720,000 of variable...
Exercise 18-15 Computing variable and fixed costs LO C2 Harrison Co. expects to sell 260,000 units...
Exercise 18-15 Computing variable and fixed costs LO C2 Harrison Co. expects to sell 260,000 units of its product next year, which would generate total sales of $23,660,000. Management predicts that pretax net income for next year will be $1,310,000 and that the contribution margin per unit will be $19. Complete the below table to calculate the next year's total expected variable costs and fixed costs. HARRISON CO. Forecasted Contribution Margin Income Statement Units $ per unit 260,000 Contribution margin...
The following information applies to the questions displayed below Hudson Co. reports the contribution margin income...
The following information applies to the questions displayed below Hudson Co. reports the contribution margin income statement for 2017 HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2017 Soles (9,600 units at $225 coch) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs Pretax income $2,160,000 1.228. $ 82.ee Assume the company is considering investing in a new machine that will increase its fixed costs by $40.500 per year and decrease its variable costs by...
Zhao Co. has fixed costs of $245,000. Its single product sells for $155 per unit, and...
Zhao Co. has fixed costs of $245,000. Its single product sells for $155 per unit, and variable costs are $106 per unit. If the company expects sales of 10,000 units, compute its margin of safety in dollars and as a percent of expected sales. Dollars Percent Margin of safety % US-Mobile manufactures and sells two products, tablet computers and smartphones, in the ratio of 4:2. Fixed costs are $90,860, and the contribution margin per composite unit is $118. What number...
Farrow Co. expects to sell 400,000 units of its product in the next period with the...
Farrow Co. expects to sell 400,000 units of its product in the next period with the following results Sales (400,000 units) Costs and expenses $6,000,000 Direct materials Direct labor Overhead Selling expenses Administrative expenses 800,000 1,600,000 400,000 600,000 1,028,000 4,428,000 $1,572,000 Total costs and expenses Net income The company has an opportunity to sell 40,000 additional units at $12 per unit. The additional sales would not affect its current expected sales. Direct materials and labor costs per unit would be...
Farrow Co. expects to sell 300,000 units of its product in the next period with the...
Farrow Co. expects to sell 300,000 units of its product in the next period with the following results $4,500,000 Sales (300,000 units) Costs and expenses Direct materials Direct labor Overhead Selling expenses Administrative expenses Total costs and expenses Net Income 600.000 1.200,00 300.000 450,000 771.000 3,321,000 $1,179, eee The company has an opportunity to sell 30,000 additional units at $13 per unit. The additional sales would not affect its current expected sales. Direct materials and labor costs per unit would...
Farrow Co. expects to sell 300,000 units of its product in the next period with the...
Farrow Co. expects to sell 300,000 units of its product in the next period with the following results. $4,500,000 Sales (300,000 units) Costs and expenses Direct materials Direct labor Overhead Selling expenses Administrative expenses Total costs and expenses Net income 600,000 1,200,000 300,000 450,000 771,000 3,321,000 $1,179,000 The company has an opportunity to sell 30,000 additional units at $12 per unit. The additional sales would not affect its current expected sales. Direct materials and labor costs per unit would be...
Farrow Co. expects to sell 300,000 units of its product in the next period with the...
Farrow Co. expects to sell 300,000 units of its product in the next period with the following results Sales (300,000 units) Costs and expenses $4,500,000 Direct materials Direct labor Overhead Selling expenses Administrative expenses 600,000 1,200,000 300,000 450,000 771,000 3,321,000 $1,179,000 Total costs and expenses Net income The company has an opportunity to sell 30,000 additional units at $13 per unit. The additional sales would not affect its current expected sales. Direct materials and labor costs per unit would be...
Co. expects to sell 300000 units of its product in the next period with the following...
Co. expects to sell 300000 units of its product in the next period with the following results es (388, ese units Farrow 34, 503,803 Costs and expenses Direct saterials Direct labor 6ee, 860 1,280,900 3ee, 986 456,900 771,986 ,321, 698 Selling expenses Adninistrative expenses Total costs and expenses Net incose $1,179,89 The company has an opportunity to sell 30.000 additional units at $13 per unit. The oootional sales would not affect its current expected sales. Direct materiats and labor costs...
Harrison Co. expects to sell 150,000 units of its product next
year, which would generate total sales of $12,000,000. Management
predicts that pretax net income for next year will be $1,200,000
and that the contribution margin per unit will be $30.
Harrison Co. expects to sell 150,000 units of its product next year, which would generate total sales of $12,000,000. Management predicts that pretax net income for next year will be $1,200,000 and that the contribution margin per unit will...
Harrison Co. expects to sell 220,000 units of its product next year, which would generate total sales of $19,140,000. Management predicts that pretax net income for next year will be $1,270,000 and that the contribution margin per unit will be $23. Complete the below table to calculate the next year's total expected variable costs and fixed costs. HARRISON CO. Forecasted Contribution Margin Income Statement Units $ per unit 220,000 Contribution margin $ 23 Nombre Company management predicts $720,000 of variable...
Exercise 18-15 Computing variable and fixed costs LO C2 Harrison Co. expects to sell 260,000 units of its product next year, which would generate total sales of $23,660,000. Management predicts that pretax net income for next year will be $1,310,000 and that the contribution margin per unit will be $19. Complete the below table to calculate the next year's total expected variable costs and fixed costs. HARRISON CO. Forecasted Contribution Margin Income Statement Units $ per unit 260,000 Contribution margin...
The following information applies to the questions displayed below Hudson Co. reports the contribution margin income statement for 2017 HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2017 Soles (9,600 units at $225 coch) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs Pretax income $2,160,000 1.228. $ 82.ee Assume the company is considering investing in a new machine that will increase its fixed costs by $40.500 per year and decrease its variable costs by...
Zhao Co. has fixed costs of $245,000. Its single product sells for $155 per unit, and variable costs are $106 per unit. If the company expects sales of 10,000 units, compute its margin of safety in dollars and as a percent of expected sales. Dollars Percent Margin of safety % US-Mobile manufactures and sells two products, tablet computers and smartphones, in the ratio of 4:2. Fixed costs are $90,860, and the contribution margin per composite unit is $118. What number...
Farrow Co. expects to sell 400,000 units of its product in the next period with the following results Sales (400,000 units) Costs and expenses $6,000,000 Direct materials Direct labor Overhead Selling expenses Administrative expenses 800,000 1,600,000 400,000 600,000 1,028,000 4,428,000 $1,572,000 Total costs and expenses Net income The company has an opportunity to sell 40,000 additional units at $12 per unit. The additional sales would not affect its current expected sales. Direct materials and labor costs per unit would be...
Farrow Co. expects to sell 300,000 units of its product in the next period with the following results $4,500,000 Sales (300,000 units) Costs and expenses Direct materials Direct labor Overhead Selling expenses Administrative expenses Total costs and expenses Net Income 600.000 1.200,00 300.000 450,000 771.000 3,321,000 $1,179, eee The company has an opportunity to sell 30,000 additional units at $13 per unit. The additional sales would not affect its current expected sales. Direct materials and labor costs per unit would...
Farrow Co. expects to sell 300,000 units of its product in the next period with the following results. $4,500,000 Sales (300,000 units) Costs and expenses Direct materials Direct labor Overhead Selling expenses Administrative expenses Total costs and expenses Net income 600,000 1,200,000 300,000 450,000 771,000 3,321,000 $1,179,000 The company has an opportunity to sell 30,000 additional units at $12 per unit. The additional sales would not affect its current expected sales. Direct materials and labor costs per unit would be...
Farrow Co. expects to sell 300,000 units of its product in the next period with the following results Sales (300,000 units) Costs and expenses $4,500,000 Direct materials Direct labor Overhead Selling expenses Administrative expenses 600,000 1,200,000 300,000 450,000 771,000 3,321,000 $1,179,000 Total costs and expenses Net income The company has an opportunity to sell 30,000 additional units at $13 per unit. The additional sales would not affect its current expected sales. Direct materials and labor costs per unit would be...
Co. expects to sell 300000 units of its product in the next period with the following results es (388, ese units Farrow 34, 503,803 Costs and expenses Direct saterials Direct labor 6ee, 860 1,280,900 3ee, 986 456,900 771,986 ,321, 698 Selling expenses Adninistrative expenses Total costs and expenses Net incose $1,179,89 The company has an opportunity to sell 30.000 additional units at $13 per unit. The oootional sales would not affect its current expected sales. Direct materiats and labor costs...
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