Amount ($) | |||||
Per Unit Amounts | Total | ||||
Normal Volume | New Business | Normal Volume | New Business | Consolidated | |
Sales | $3.98 | $3.33 | $15,92,000.00 | $2,23,110.00 | $18,15,110.00 |
Variable Cost | |||||
Direct Labour | $0.32 | $0.48 | $1,28,000.00 | $32,160.00 | $1,60,160.00 |
Direct Materials | $1.28 | $1.28 | $5,12,000.00 | $85,760.00 | $5,97,760.00 |
Variable Overhead | $0.67 | $0.67 | $2,68,800.00 | $45,024.00 | $3,13,824.00 |
Selling expenses | $0.40 | $0.00 | $1,60,000.00 | $0.00 | $1,60,000.00 |
Contribution Margin | $1.31 | $0.90 | $0.00 | $0.00 | $0.00 |
Gross Profit | $5,23,200.00 | $60,166.00 | $5,83,366.00 | ||
Fixed Cost | |||||
Fixed Overhead | $1,15,200.00 | $1,15,200.00 | $1,15,200.00 | ||
Administrative Overhead | $1,07,000.00 | $1,10,000.00 | $1,10,000.00 | ||
Net Profit | $3,01,000.00 | $3,58,166.00 | |||
Labour cost/ unit = | 128000/400000 | 0.32*1.5 | |||
0.32 | 0.48 | ||||
Material Cost / unit = | 512000/400000 | ||||
1.28 | |||||
Fixed Overhead = | 384000*.3 | ||||
115200 | |||||
Variable Overhead/ unit | 384000*.7/400000 | ||||
Selling Expense / unit | 160000/400000 | ||||
0.4 |
Jones Products manufactures and sells to wholesalers approximately 400,000 packages per year of underwater markers at...
Jones Products manufactures and sells to wholesalers approximately 400,000 packages per year of underwater markers at $3.90 per package. Annual costs for the production and sale of this quantity are shown in the table. Direct materials $ 512,000 Direct labor 128,000 Overhead 384,000 Selling expenses 160,000 Administrative expenses 107,000 Total costs and expenses $ 1,291,000 A new wholesaler has offered to buy 67,000 packages for $3.50 each. These markers would be marketed under the wholesaler’s name and would not affect...
Jones Products manufactures and sells to wholesalers approximately 400,000 packages per year of underwater markers at $6 per package. Annual costs for the production and sale of this quantity are shown in the table $ Direct materials Direct labor Overhead Selling expenses Administrative expenses Total costs and expenses 576,000 144,000 320,000 150,000 100,000 $1.290.000 A new wholesaler has offered to buy 50,000 packages for $5.20 each. These markers would be marketed under the wholesaler's name and would not affect Jones...
Jones Products manufactures and sells to wholesalers approximately 100,000 packages per year of underwater markers at $4.00 per package. Annual costs for the production and sale of this quantity are shown in the table. Direct materials $ 128,000 Direct labor 32,000 Overhead 96,000 Selling expenses 40,000 Administrative expenses 27,000 Total costs and expenses $ 323,000 A new wholesaler has offered to buy 17,000 packages for $3.33 each. These markers would be marketed under the wholesaler’s name and would not affect...
Jones Products manufactures and sells to wholesalers approximately 200,000 packages per year of underwater markers at $3.97 per package. Annual costs for the production and sale of this quantity are shown in the table. Direct materials $ 256,000 Direct labor 64,000 Overhead 192,000 Selling expenses 80,000 Administrative expenses 53,000 Total costs and expenses $ 645,000 A new wholesaler has offered to buy 33,000 packages for $3.46 each. These markers would be marketed under the wholesaler’s name and would not affect...
Jones Products manufactures and sells to wholesalers approximately 400,000 packages per year of underwater markers at $3.89 per package. Annual costs for the production and sale of this quantity are shown in the table. Direct materials Direct labor Overhead Selling expenses Administrative expenses Total costs and expenses $ 512,000 128,000 384,000 160,000 107,000 $1,291,000 A new wholesaler has offered to buy 67,000 packages for $3.35 each. These markers would be marketed under the wholesaler's name and would not affect Jones...
Jones Products manufactures and sells to wholesalers approximately 200,000 packages per year of underwater markers at $3.87 per package. Annual costs for the production and sale of this quantity are shown in the table. Direct materials Direct labor Overhead Selling expenses Administrative expenses Total costs and expenses $256,000 64,000 192,000 80,000 53,000 $645,000 A new wholesaler has offered to buy 33,000 packages for $3.43 each. These markers would be marketed under the wholesaler's name and would not affect Jones Products'...
Jones Products manufactures and sells to wholesalers approximately 200,000 packages per year of underwater markers at $3.87 per package. Annual costs for the production and sale of this quantity are shown in the table. Direct materials Direct labor Overhead Selling expenses Administrative expenses Total costs and expenses $256,000 64,000 192,000 80,000 53,000 $645,000 A new wholesaler has offered to buy 33,000 packages for $3.43 each. These markers would be marketed under the wholesaler's name and would not affect Jones Products'...
Jones Products manufactures and sells to wholesalers approximately 200,000 packages per year of underwater markers at $3.99 per package. Annual costs for the production and sale of this quantity are shown in the table. Direct materials $ 256,000 Direct labor 64,000 Overhead 192,000 Selling expenses 80,000 Administrative expenses 53,000 Total costs and expenses $ 645,000 A new wholesaler has offered to buy 33,000 packages for $3.42 each. These markers would be marketed under the wholesaler’s name and would not affect...
Jones Products manufactures and sells to wholesalers approximately 200,000 packages per year of underwater markers at $3.90 per package. Annual costs for the production and sale of this quantity are shown in the table. Direct materials $ 240,000 Direct labor 60,000 Overhead 192,000 Selling expenses 80,000 Administrative expenses 53,000 Total costs and expenses $ 625,000 A new wholesaler has offered to buy 33,000 packages for $3.40 each. These markers would be marketed under the wholesaler’s name and would not affect...
Jones Products manufactures and sells to wholesalers approximately 300,000 packages per year of underwater markers at $3.90 per package. Annual costs for the production and sale of this quantity are shown in the table. Direct materials $ 384,000 Direct labor 96,000 Overhead 288,000 Selling expenses 120,000 Administrative expenses 80,000 Total costs and expenses $ 968,000 A new wholesaler has offered to buy 50,000 packages for $3.46 each. These markers would be marketed under the wholesaler’s name and...