Homework Answers
Step -1. Given information
Variable cost per unit = $11
Fixed cost = 38000
Total sell units. = 11000
Contribution. =. 78100
Step 2 - what ques. Want
Sale price per unit
Step 3 - formulae
Total sales = variable cost + contribution *
Sales price per unut = total sales / no. Of units sold
Step 4 - calculation
Total sales = (11 x 11000) + 78100
= 121000 + 78100
= 199100
Sale price per unit = 199100 / 11000
= 18.1
* The original formulae is
Sales - variable cost = contribution
Note. - sometimes ques. Are framed in such a manner that they give you more information so that you can get confuse. Same in this question amount of fixed asset is unnecessary it is just for confusion . It is important if question ask what is the profit.
Add Answer to:
Rose Corp, has contribution margin of $78,100, variable costs of $11.00 per unit, and fixed costs...
Knox Corp has a selling price of $14, variable costs of $11.34 per unit, and fixed...
Knox Corp has a selling price of $14, variable costs of $11.34 per unit, and fixed costs of $25,500. If Knox sells 9,500 units, the contribution margin ratio will equal: Multiple Choice 19.00% 11.12% 7.88% 252.70%
Orchid Corp. has a selling price of $20, variable costs of S16 per unit, and fixed...
Orchid Corp. has a selling price of $20, variable costs of S16 per unit, and fixed costs of $22,000. If Orchid sells 14.500 units, contribution margin wil equal Multiple Choice $58.000 $36.000 SOOD $140,000
Maple Corp. has a selling price of $29, variable costs of $15 per unit, and fixed...
Maple Corp. has a selling price of $29, variable costs of $15 per unit, and fixed costs of $26,500. Maple expects profit of $317,000 at its anticipated level of production. What is Maple's unit contribution margin? Multiple Choice o o 514 50 o o o
Mapie Corp. has a selling price of $28, variable costs of $16 per unit, and fixed...
Mapie Corp. has a selling price of $28, variable costs of $16 per unit, and fixed costs of $28,500. Maple expects profit of $319,000 at its anticipated level of production. What is Maple's unit contribution margin? Multiple Choice ο $12.00 ο $28.00 ο $14.00 ο $36.00
Sugar Corp has a selling price of $22, variable costs of $10 per unit, and fixed...
Sugar Corp has a selling price of $22, variable costs of $10 per unit, and fixed costs of $25,500. Maple expects profit of $316,000 at its anticipated level of production. If Sugar sells 4.400 units more than expected, how much higher will its profits be? Multiple Choice o $52,800 o О 5316,000 o $96,800 o $263 200
Maple Corp. has a selling price of $22. variable costs of $10 per unit, and feed...
Maple Corp. has a selling price of $22. variable costs of $10 per unit, and feed costs of $25,500. Maple expects profit of $316,000 at its anticipated level of production. What is Maple's unit contribution margin? Multiple Choice $12.00 O $22.00 $1100 O $2700
Sugar Corp has a selling price of $22, variable costs of $10 per unit, and fixed...
Sugar Corp has a selling price of $22, variable costs of $10 per unit, and fixed costs of $25,500. Maple expects profit of $316,000 at its anticipated level of production. If Sugar sells 4,400 units more than expected, how much higher will its profits be? Multiple Choice $263,200 $52,800 $316,000 $96,800
Steven Company has fixed costs of $345,268. The unit selling price, variable cost per unit, and contribution margin per...
Steven Company has fixed costs of $345,268. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per unit Variable Cost per unit Contribution Margin per unit X $1,216 $456 $760 Y 409 219 190 The sales mix for products X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined. Round answer to nearest whole number. (?)units
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $353,000. The variable cost per unit is $0.45. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $111 and has fixed cost of $414,000. Next year, Sooner expects to sell...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has foed cost of $350,600. The variable cost per unit is $0.40. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $115 and has fixed cost of $459,500. Next year, Sooner expects to sell...
Orchid Corp. has a selling price of $20, variable costs of S16 per unit, and fixed costs of $22,000. If Orchid sells 14.500 units, contribution margin wil equal Multiple Choice $58.000 $36.000 SOOD $140,000
Maple Corp. has a selling price of $29, variable costs of $15 per unit, and fixed costs of $26,500. Maple expects profit of $317,000 at its anticipated level of production. What is Maple's unit contribution margin? Multiple Choice o o 514 50 o o o
Mapie Corp. has a selling price of $28, variable costs of $16 per unit, and fixed costs of $28,500. Maple expects profit of $319,000 at its anticipated level of production. What is Maple's unit contribution margin? Multiple Choice ο $12.00 ο $28.00 ο $14.00 ο $36.00
Sugar Corp has a selling price of $22, variable costs of $10 per unit, and fixed costs of $25,500. Maple expects profit of $316,000 at its anticipated level of production. If Sugar sells 4.400 units more than expected, how much higher will its profits be? Multiple Choice o $52,800 o О 5316,000 o $96,800 o $263 200
Maple Corp. has a selling price of $22. variable costs of $10 per unit, and feed costs of $25,500. Maple expects profit of $316,000 at its anticipated level of production. What is Maple's unit contribution margin? Multiple Choice $12.00 O $22.00 $1100 O $2700
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $353,000. The variable cost per unit is $0.45. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $111 and has fixed cost of $414,000. Next year, Sooner expects to sell...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has foed cost of $350,600. The variable cost per unit is $0.40. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $115 and has fixed cost of $459,500. Next year, Sooner expects to sell...
Most questions answered within 3 hours.
-
find the critical value associated with a right sided hypothesis of
the mean using a sample...
asked 1 hour ago -
Which of the following statements is true with respect to a
simple linear regression model?
a....
asked 1 hour ago -
The energy required to remove an electron from a surface of a
solid element is called...
asked 3 hours ago -
How would you train your employees to avoid risks of using
mobile devices?
asked 3 hours ago -
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 4 hours ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 5 hours ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 5 hours ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 7 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 7 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 8 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 9 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 9 hours ago