Homework Answers
1. Number of cases sold = Total Revenue / Selling price per
case
= $14682150/5.25 = 2,796,600 cases
2. Variable overhead cost per sales dollar = ($5337500-4221000)/(106750000-76200000) = $0.03655 per sales dollar
3. Variable overhead cost per case = (Cost at highest activity -
Cost at lowest activity) / (Highest activity - Lowest
Activity)
= ($1272451-1139828)/(259200-207000) = $2.54067 per case
4. Fixed Overhead Cost = $1139828 - 207000 x $2.54067 = $613909
5. Variable overhead cost per case = $2.236 per case
6. Fixed overhead cost nearest to $100 = $682300
As per HOMEWORKLIB RULES we are supposed to answer 4 parts, i have solved 6, so kindly post other questions separately
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Table 3 Cases 207.000 212 200 214.800 228.000 224,400 237000 220.200 247200 238 800 259.500 250.200...
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i posted this problem once before but nobody could answer it, so im gonna try again....
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Show all work please. Thank you!
Luke Corporation produces a variety of products, each within their own division. Last year, the managers at Luke developed and began marketing a new chewing gum, Bubbs, to sell in vending machines. The product, which sells for $5.30 per case, has not had the market success that managers expected and the company is considering dropping Bubbs. The product-line income statement for the past 12 months follows: $ 14,683,650 Revenue Costs Manufacturing costs Allocated corporate...
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i posted this problem once before but nobody could answer it,
so im gonna try again. can anyone explain how many cases luke has
to sell in a month in order to break even on the product?
Luke Corporation produces a variety of products, cach within their own division. Last year, the managers at Luke developed and began marketing a new chewing gum, Bubbs, to sell in vending machines. The product, which sells for $5.15 per case, has not had...
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