Coronado Industries sells 5200 units of Product A annually, and 4800 units of Product B annually. The sales mix for Product A is
a. 108%.
b. Cannot determine from information given.
c. 48%.
d. 52%.
Sales mix for product A
= Product A sales/Total sales
= 5200/(5200+4800)
= 5200/10,000
= 52%
Option D is the answer
Coronado Industries sells 5200 units of Product A annually, and 4800 units of Product B annually....
Crane Company sells 3400 units of Product A annually, and 6600 units of Product B annually. The sales mix for Product A is 66%. 52%. 34%. Cannot determine from information given. Guys please help me find out the calculations! thanks
4) 14%-XYZ Company annually sells 2000 units of product A and 8000 units of product B. Product A sells for $10 and has a variable costof $6 to manufacture. Product B sells for $8 and a variable cost of $6 to manufacture. a) 500-How many units ofA & B must be sold for the company to breakeven? Fixed costs are $12,000 b) 5% . How would your answer change if the sales mix was 8000 of product A and 2000...
Coronado Company sells one product. Presented below is information for January for Coronado Company. Jan. 1 Inventory 104 units at $5 each 4 Sale 79 units at $8 each 11 Purchase 145 units at $6 each 13 Sale 115 units at $9 each 20 Purchase 162 units at $6 each 27 Sale 107 units at $10 each Coronado uses the FIFO cost flow assumption. All purchases and sales are on account. (a) Assume Coronado uses a periodic system. Prepare all...
1. Stephanie, Inc. sells its product for $40. The variable costs are $18 per unit. Fixed costs are $16,000. The company is considering the purchase of an automated machine that will result in a $2 reduction in unit variable costs and an increase of $5,000 in fixed costs. Which of the following is true about the break-even point in units? It will remain unchanged. It will decrease. It will increase. It cannot be determined from the information provided. 2.The following...
Question 5 View Policies Current Attempt in Progres Coronado Company sells one product. Presented below is information for January for Coronado Company. Jan 1 Inventory 112 units at each 4 Sale 88 units Beach 11 Purchase 165 units beach 13 Sale 11units each 20 Purchase 150 units as each 27 Sale 93 units at $11 each Coronado uses the FIFO cost flow assumption. All purchases and sales are on account Assume Coronado uses a periodic system. Prepare all necessary journal...
part a and b please Oregon Company sells only two products, Product A and Product B. Total Selling price Variable cost per unit Total fixed costs Product A Product B $40 $50 $24 $40 $840,000 Oregon sells two units of Product A for each unit it sells of Product B. Oregon has a tax rate of 30%. Required: a. What is the breakeven point in Revenue, given the above sales mix and tax rate. b. How many units in total...
Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Sales Price Variable Cost Product per Unit per Unit $45 $30 BB 35 20 CC AA Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $126,000 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs $...
Green Company sells its product for $10200 per unit. Variable costs per unit are: manufacturing, $5200; and selling and administrative, $135. Fixed costs are: $28800 manufacturing overhead, and $38800 selling and administrative. There was no beginning inventory at 1/1/18. Production was 24units per year in 2018–2020. Sales were 24 units in 2018, 20 units in 2019, and 28 units in 2020. Income under absorption costing for 2019 isA) $29700.B) $34500.C) $37200.D) $64200.
please answer the all parts Coronado Company sells one product. Presented below is information for January for Coronado Company. an Inventory 112 unitats each unitats each 11 Purchase 165 units tech 13 Sol i teach 20 Purchase 150 units each 27 Sale 93 units at $11 each Coronado uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Coronado uses a periodic system. Prepare all necessary journal entries, including the end-of-month closing entry to record cost...
Note two attatchments. Mount Carmel Company sells only two products, Product A and Product B. Total Product A Product B $40 $24 $40 Selling price Variable cost per unit Total fixed costs $50 $840,000 Mount Carmel sells two units of Product A for each unit it sells of Product B. Mount Carmel faces a tax rate of 30%. Required: a. What is the breakeven point in units for each product assuming the sales mix is 2 units of Product A...