Homework Answers
Answer a
Sales Mix = 3,000 : 1,500
= 2:1
Answer b
| Basic | Deluxe | |
| Sale from each product | $ 1,000.000 | $ 500.000 |
Calculation:
| Basic | Deluxe | |
| Selling Price | 120 | 200 |
| Variable Cost | 40 | 80 |
| Contribution margin ratio | $ 80.00 | $ 120.00 |
| Units | 3,000.00 | 1,500.00 |
| Weighted Contribution margin | $ 93.33 | |
| Fixed cost | $ 140,000.000 | |
| Required sales | $ 1,500.000 | |
| Basic | Deluxe | |
| Sale from each product | $ 1,000.000 | $ 500.000 |
In case of any doubt, please comment.
Add Answer to:
3. Alpha Company produces and sells two products: Alpha-Basic and Alpha-Deluxe. In the coming year, Alpha...
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set...
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 17,920 DVDs and 4,480 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $8.20 $25.50 Variable cost per unit 4.30 15.20 Total fixed cost is $108,780. Required: 1. What is the sales mix of DVDs and equipment sets? 2. Compute the break-even quantity of each product. X Sales...
value: 10.00 points Gogan Company manufactures and sells two products: Basic and Deluxe. Monthly sales, CM...
value: 10.00 points Gogan Company manufactures and sells two products: Basic and Deluxe. Monthly sales, CM ratios, and the CM per unit for the two products are shown below Product Basic Total Deluxe $600,000 $400,000 $1,000,000 Sales Contribution margin ratio Contribution margin per unit 60% 9.00 11.50 The company's fixed expenses total $400,000 per month. Requirea 1. Prepare a contribution format income statement for the company as a whole. Basic Deluxe Total Amount Amount Amount 2. Compute the overall break-even...
Gogan Company manufactures and sells two products: Basic and Deluxe. Monthly sales, CM ratios, and the...
Gogan Company manufactures and sells two products: Basic and
Deluxe. Monthly sales, CM ratios, and the CM per unit for the two
products are shown below:
Product
Basic
Deluxe
Total
Sales
$
600,000
$
400,000
$
1,000,000
Contribution margin ratio
60
%
35
%
?
Contribution margin per unit
$
9.00
$
11.50
?
The company’s fixed expenses total $400,000 per month.
Required: 1. Prepare a contribution format income statement for the company as a whole. 1.000.000 Basic Deluxe Total...
Q5. Dersyn Corporation produces and sells two models of vacuum cleaners, Standard and Deluxe. The company...
Q5. Dersyn Corporation produces and sells two models of vacuum cleaners, Standard and Deluxe. The company records show the following monthly data relating to these two products: Standard $150 $120 $16 Deluxe $165 $126 $13 Selling Price per Unit Variable Production Costs Variable Selling Expense per Unit Expected Monthly Sales in Units Total Monthly Fixed Cost (Common to Both) 1,200 600 $15,000 Calculate the break-even in sales dollars for the expected sales mix. Show all your calculations
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDS and a basic equipment set...
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDS and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,530 DVDS and 4,510 equipment sets. Information on the two products is as follows: Equipment DVDS Sets $7.70 Price $24.50 Variable cost per unit 3.60 15.50 Total fixed cost is $74,550. 1. What is the sales mix of DVDS and equipment sets? Select 3:1 Points: 1/1 2. Compute the break-even quantity of each...
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set...
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,500 DVDs and 4,500 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $8 $25 Variable cost per unit 4 15 Total fixed cost is $84,920. Suppose that in the coming year, the company plans to produce an extra-thick yoga mat for sale to health clubs. The company...
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set...
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 17,840 DVDs and 4,460 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $8.10 $25.40 Variable cost per unit 4.40 15.30 Total fixed cost is $104,580. Required: 1. What is the sales mix of DVDs and equipment sets? 2. Compute the break-even quantity of each product.
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set...
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 18,080 DVDs and 4,520 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $8.20 $25.20 Variable cost per unit 4.10 14.90 Total fixed cost is $104,130. Required: 1. What is the sales mix of DVDs and equipment sets? 2. Compute the break-even quantity of each product.
Multiple-Product Break-even, Break-Even Sales Revenue Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs...
Multiple-Product Break-even, Break-Even Sales Revenue Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,500 DVDs and 4,500 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $8 $25 Variable cost per unit 4 15 Total fixed cost is $99,750. Suppose that in the coming year, the company plans to produce an extra-thick yoga mat for sale...
Multiple-Product Break-even Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a ba...
Multiple-Product Break-even Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 8,980 DVDs and 4,490 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $8.30 $24.70 Variable cost per unit 3.50 14.60 Total fixed cost is $74,860. Required: 1. What is the sales mix of DVDs and equipment sets? Select 2. Compute the break-even quantity of each...
value: 10.00 points Gogan Company manufactures and sells two products: Basic and Deluxe. Monthly sales, CM ratios, and the CM per unit for the two products are shown below Product Basic Total Deluxe $600,000 $400,000 $1,000,000 Sales Contribution margin ratio Contribution margin per unit 60% 9.00 11.50 The company's fixed expenses total $400,000 per month. Requirea 1. Prepare a contribution format income statement for the company as a whole. Basic Deluxe Total Amount Amount Amount 2. Compute the overall break-even...
Gogan Company manufactures and sells two products: Basic and
Deluxe. Monthly sales, CM ratios, and the CM per unit for the two
products are shown below:
Product
Basic
Deluxe
Total
Sales
$
600,000
$
400,000
$
1,000,000
Contribution margin ratio
60
%
35
%
?
Contribution margin per unit
$
9.00
$
11.50
?
The company’s fixed expenses total $400,000 per month.
Required: 1. Prepare a contribution format income statement for the company as a whole. 1.000.000 Basic Deluxe Total...
Q5. Dersyn Corporation produces and sells two models of vacuum cleaners, Standard and Deluxe. The company records show the following monthly data relating to these two products: Standard $150 $120 $16 Deluxe $165 $126 $13 Selling Price per Unit Variable Production Costs Variable Selling Expense per Unit Expected Monthly Sales in Units Total Monthly Fixed Cost (Common to Both) 1,200 600 $15,000 Calculate the break-even in sales dollars for the expected sales mix. Show all your calculations
Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDS and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,530 DVDS and 4,510 equipment sets. Information on the two products is as follows: Equipment DVDS Sets $7.70 Price $24.50 Variable cost per unit 3.60 15.50 Total fixed cost is $74,550. 1. What is the sales mix of DVDS and equipment sets? Select 3:1 Points: 1/1 2. Compute the break-even quantity of each...
Most questions answered within 3 hours.
-
A sample of size 31 will be drawn from a population with mean 39
and standard...
asked 28 minutes ago -
What is the effect on the P-value when a test is changed from a
two-tailed hypothesis...
asked 33 minutes ago -
I wish to estimate µ, the mean of a population. After I collect
and an-
alyze...
asked 1 hour ago -
At a local university, you poll a group of 115 students and find
that 37 of...
asked 43 minutes ago -
Gladstone company tracks the number of units purchased and sold
throughout each accounting period but applies...
asked 46 minutes ago -
When determining if a molecule's configuration is E or Z, what
determines the higher priority groups?
asked 50 minutes ago -
13. What is the amount
of conversion cost transferred to finished goods? (Round
your intermediate calculations...
asked 52 minutes ago -
Sulfuric Acid is a "strong" acid, but only releases a single
proton when it dissolves. What...
asked 51 minutes ago -
The
second floor of a house is 6 m above the street level. How much
work...
asked 53 minutes ago -
What uncontrollable factor(s) contributed to Hong Kong Disney’s
poor performance during its first year?
asked 55 minutes ago -
You are interested in whether students that have a male
instructors perform differently on exams. To...
asked 1 hour ago -
Discuss the following: The policies that promote economic
growth. Why are some countries more developed than...
asked 1 hour ago