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Answer 2.
Answer: 2 | E. $1,062,054 | ||||||
Calculation of Contribution | |||||||
A | B | C | |||||
a | Gross margin | $ 11,100 | $ 31,200 | $ 41,900 | |||
b | Fixed manufacturing cost | $ 40,000 | $ 198,000 | $ 77,100 | |||
c | Fixed non manufacturing cost | $ 68,900 | $ 70,800 | $ 21,000 | |||
d= a+b+c | Contribution | $ 120,000 | $ 300,000 | $ 140,000 | |||
e | Sale | $ 300,000 | $ 500,000 | $ 450,000 | |||
f = d*100/e | Contribution margin | 40% | 60% | 31.11% | |||
Product | Contribution | X | Sales | = | Total Weighted Contribution | ||
A | 40 | x | $ 300,000 | = | $ 12,000,000 | ||
B | 60 | x | $ 500,000 | = | $ 30,000,000 | ||
C | 31.11 | x | $ 450,000 | = | $ 13,999,500 | ||
Total | $ 1,250,000 | = | $ 55,999,500 | ||||
Weighted Contribution | = | Total Weighted Contribution | = | $ 55,999,500 | |||
Total Sales | $ 1,250,000 | ||||||
Weighted Contribution | = | 44.80 | % | ||||
A | B | C | |||||
Fixed manufacturing cost | $ 40,000 | $ 198,000 | $ 77,100 | ||||
Fixed non manufacturing cost | $ 68,900 | $ 70,800 | $ 21,000 | ||||
$ 108,900 | $ 268,800 | $ 98,100 | |||||
Overall total fixed cost =108900+268800+98100 = | $ 475,800 | ||||||
Calculaiton of Break even point | |||||||
Breakeven point | = | Total Fixed cost | = | $ 475,800 | |||
Weighted Contribution margin | 44.80% | ||||||
Breakeven point | = | $ 1,062,054 | |||||
caps lock Superior Company Company provided the following data for the year ended December 31. Superior...
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The correct answer is E but I don't know how to get to that number. 11 Our company makes and sells three products: A, B, and C. Selected GAAP income statement information is below: 20,000 $300,000 $100,000 5,000 $500,000 $150,000 10,000 $450,000 $160,000 Units sold Sales Gross margin Fixed Manufacturing Costs allocated to products by machine hours Fixed Non-Manufacturing Costs allocated to products by various methods GAAP Net Operating Income by products $40,000 $198.000 $77,100 $68,900 $11,100 $70,800 $31,200 $21,000...
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