Homework Answers
| Q10) | Sales price per unit = $190000/38000 = $5 | |||||
| Variable Cost Per unit = $95020/38000 =$2.5 | ||||||
| Contribution Margin Per Unit = Sales price - variable cost per unit | ||||||
| = $5-2.5 | 2.500526 | |||||
| = $2.5per unit | ||||||
| Break-even Point In Unit = Fixed Cost/ Contribution Margin Per Unit | ||||||
| = $45380/2.5 | ||||||
| =18152 units | ||||||
| Q11) | Break-Even Point In Dollars = 18152 units*$5 | |||||
| $ 90,760 | ||||||
| 12) | Total Cost = Average Cost * Total Units | |||||
| =$100*18 | ||||||
| =$1800 | ||||||
| Total Cost = Total Variable Cost - Total Fixed Cost | ||||||
| $1800 = Total Variable Cost -$630 | ||||||
| Variable Cost =$1170 | ||||||
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please answer all questions shiwing all the work
im finding it hard to understanding what the...
please answer all questions Questions: 1. What is the meaning of contribution margin ration? How is...
please answer all questions
Questions: 1. What is the meaning of contribution margin ration? How is this ratio useful in planning business operations? 2. In all respects, Company A and Company B are identical except that Company A's costs are mostly variable whereas Company B's costs are mostly fixed. When sales increase, which company will tend to realize the greatest increase in profits? Explain. 3. What is the meaning of operating leverage? 4. What is the meaning of break-even point?...
please answer all 4 multiple choice questions Which of the following equations is used to calculate...
please
answer all 4 multiple choice questions
Which of the following equations is used to calculate the break-even units? a. Break-Even Units = Total Fixed Cost / Price per Unit b. Break-Even Units = Total Fixed Cost / Variable Cost per Unit c. Break-Even Units = Total Variable Cost / (Price - Fixed Cost per Unit) d. Break-Even Units = Total Fixed Cost / (Price - Variable Cost per Unit) CE Contribution margin is the difference between: O a. sales...
PLEASE ANSWER THE FOLLOWING QUESTIONS 1. 2. 3. 4. High-Low Method The manufacturing costs of Gregory...
PLEASE ANSWER THE FOLLOWING QUESTIONS
1.
2.
3.
4.
High-Low Method The manufacturing costs of Gregory Industries for three months of the year are provided below. Total Costs Production January $149,040 990 units February 205,680 2,040 231,840 2,790 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. Round all answers to the nearest whole dollar. a. Variable cost per unit March $ b. Total fixed cost $ Contribution Margin Sally Company sells...
ABC Inc. Manufactures biotech sunglasses. The variable materials cost $1.43 per unit and the variable labour...
ABC Inc. Manufactures biotech sunglasses. The variable materials cost $1.43 per unit and the variable labour cost is $2.44 per unit. What is the variable cost per unit? ($3.87) Suppose the firm incurs fixed costs of $650,000 during a year in which total production is 320,000 units. What are the total costs for the year? ($1,888,400) If the selling price is $10 per unit, what is the cash break-even point? If depreciation is $190,000 per year, what is the accounting...
Could someone please help me answer this question? Thank you! Chuck Wagon Grills, Inc., makes a...
Could someone please help me answer this question? Thank
you!
Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $200. Data for last year's operations follow: 9,900 8,400 1,500 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Fixed costs: Fixed manufacturing overhead Fixed selling and administrative Total fixed costs...
PLEASE ANSWER THE FOLLOWING QUESTIONS: Sales Mix and Break-Even Analysis Megan Company has fixed costs of...
PLEASE ANSWER THE FOLLOWING QUESTIONS:
Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,833,520. 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 Variable Cost per Unit Contribution Margin per Unit Model 94 $950 $400 $550 Model 81 680 500 180 The sales mix for products Model 94 and Model 81 is 40% and 60%, respectively. Determine the break-even point in units...
answer second attachment questions from first attachment statement.. answer question 18.34 only e in the following...
answer second attachment questions from first
attachment statement..
answer question 18.34 only
e in the following table. Basic CVP relationships: manufacturer Vine Pty Ltd produces and sells bottles of wine. Price and cost data are in the following P18.33 LO18.1 18.3 18.4 18.5 Selling price per bottle Variable costs per bottle: Direct material Direct labour Manufacturing overhead Selling costs Total variable costs per bottle Annual fixed costs: Manufacturing overhead Selling and administrative Total fixed costs Forecast annual sales (140000 units)...
MARGINAL COSTING EXERCISES (Original Fl file: 26 KT-perus.xls2) 1. Marginal cost statement Sales revenue less Variable...
MARGINAL COSTING EXERCISES (Original Fl file: 26 KT-perus.xls2) 1. Marginal cost statement Sales revenue less Variable costs = Contribution less Fixed costs Profit units 1.000 1,000 1,000 per unit 100 60 total € 100,000 € 60,000 € 40,000 30,000 € 10,000 € 40 Calculate the following: Contribution-% 40% 75,000 Break-even point in € B/E in unit Safety margin in € Safety margin-% 750 25,000 25% 2 2nd company's variable costs are and fixed monthly costs in euros are 70% of...
Hi, Please answer this 2 part question. Required information [The following information applies to the questions...
Hi, Please answer this 2 part question.
Required information [The following information applies to the questions displayed below.) Praveen Co. manufactures and markets a number of rope products. Management is considering the future of Product XT, a special rope for hang gliding, that has not been as profitable as planned. Since Product XT is manufactured and marketed independently of the other products, its total costs can be precisely measured. Next year's plans call for a $240 selling price per 100...
with explanations please Exercise 18-10 100 . During the month, fixed costs were $14,016 and variable...
with explanations please
Exercise 18-10 100 . During the month, fixed costs were $14,016 and variable costs In the month of March, Style Salon services 630 clients at an average price of were 68 % of sales. Determine the contribution margin in dollars, per unit, and as a ratio. (Round answers to 0 decimal places, e.g. 1,225.) Contribution margin Contribution margin per unit % Contribution margin ratio LINK TO TEXT VIDEO: APPLIED SKILLS Using the contribution margin technique, compute the...
please answer all questions
Questions: 1. What is the meaning of contribution margin ration? How is this ratio useful in planning business operations? 2. In all respects, Company A and Company B are identical except that Company A's costs are mostly variable whereas Company B's costs are mostly fixed. When sales increase, which company will tend to realize the greatest increase in profits? Explain. 3. What is the meaning of operating leverage? 4. What is the meaning of break-even point?...
please
answer all 4 multiple choice questions
Which of the following equations is used to calculate the break-even units? a. Break-Even Units = Total Fixed Cost / Price per Unit b. Break-Even Units = Total Fixed Cost / Variable Cost per Unit c. Break-Even Units = Total Variable Cost / (Price - Fixed Cost per Unit) d. Break-Even Units = Total Fixed Cost / (Price - Variable Cost per Unit) CE Contribution margin is the difference between: O a. sales...
PLEASE ANSWER THE FOLLOWING QUESTIONS
1.
2.
3.
4.
High-Low Method The manufacturing costs of Gregory Industries for three months of the year are provided below. Total Costs Production January $149,040 990 units February 205,680 2,040 231,840 2,790 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. Round all answers to the nearest whole dollar. a. Variable cost per unit March $ b. Total fixed cost $ Contribution Margin Sally Company sells...
Could someone please help me answer this question? Thank
you!
Chuck Wagon Grills, Inc., makes a single product-a handmade specialty barbecue grill that it sells for $200. Data for last year's operations follow: 9,900 8,400 1,500 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Fixed costs: Fixed manufacturing overhead Fixed selling and administrative Total fixed costs...
PLEASE ANSWER THE FOLLOWING QUESTIONS:
Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,833,520. 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 Variable Cost per Unit Contribution Margin per Unit Model 94 $950 $400 $550 Model 81 680 500 180 The sales mix for products Model 94 and Model 81 is 40% and 60%, respectively. Determine the break-even point in units...
answer second attachment questions from first
attachment statement..
answer question 18.34 only
e in the following table. Basic CVP relationships: manufacturer Vine Pty Ltd produces and sells bottles of wine. Price and cost data are in the following P18.33 LO18.1 18.3 18.4 18.5 Selling price per bottle Variable costs per bottle: Direct material Direct labour Manufacturing overhead Selling costs Total variable costs per bottle Annual fixed costs: Manufacturing overhead Selling and administrative Total fixed costs Forecast annual sales (140000 units)...
MARGINAL COSTING EXERCISES (Original Fl file: 26 KT-perus.xls2) 1. Marginal cost statement Sales revenue less Variable costs = Contribution less Fixed costs Profit units 1.000 1,000 1,000 per unit 100 60 total € 100,000 € 60,000 € 40,000 30,000 € 10,000 € 40 Calculate the following: Contribution-% 40% 75,000 Break-even point in € B/E in unit Safety margin in € Safety margin-% 750 25,000 25% 2 2nd company's variable costs are and fixed monthly costs in euros are 70% of...
Hi, Please answer this 2 part question.
Required information [The following information applies to the questions displayed below.) Praveen Co. manufactures and markets a number of rope products. Management is considering the future of Product XT, a special rope for hang gliding, that has not been as profitable as planned. Since Product XT is manufactured and marketed independently of the other products, its total costs can be precisely measured. Next year's plans call for a $240 selling price per 100...
with explanations please
Exercise 18-10 100 . During the month, fixed costs were $14,016 and variable costs In the month of March, Style Salon services 630 clients at an average price of were 68 % of sales. Determine the contribution margin in dollars, per unit, and as a ratio. (Round answers to 0 decimal places, e.g. 1,225.) Contribution margin Contribution margin per unit % Contribution margin ratio LINK TO TEXT VIDEO: APPLIED SKILLS Using the contribution margin technique, compute the...
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