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Chilton, Inc. sold 12.900 units last year for $20 each. Variable costs per unit were $2.00...
Chilton, Inc. sold 11,700 units last year for $21 each. Variable costs per unit were $2.00...
Chilton, Inc. sold 11,700 units last year for $21 each. Variable costs per unit were $2.00 for direct materials, $2.10 for direct labor, and $3.40 for variable overhead. Fixed costs were $61,800 in manufacturing overhead and $41,100 in nonmanufacturing costs. a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.) b. What is the unit contribution margin? (Round your answer to 2 decimal places.) c. What is the contribution margin ratio? (Round your intermediate calculations...
Problem 5-121 [LO 5-5) Chilton, Inc. sold 11,700 units last year for $21 each. Variable costs...
Problem 5-121 [LO 5-5) Chilton, Inc. sold 11,700 units last year for $21 each. Variable costs per unit were $2.00 for direct $60,600 in manufacturing overhead and $40,200 in nonmanufacturing costs. materials, $3.00 for direct labor, and $3.10 for variable overhead. Fixed costs were a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.) b. What is the unit contribution margin? (Round your answer to 2 decimal places.) c. What is the contribution margin ratio?...
Vaughn, Inc. sold 17,000 units last year for $190 each. Variable costs per unit were $48...
Vaughn, Inc. sold 17,000 units last year for $190 each. Variable costs per unit were $48 for direct materials, $38 for direct labor, and $10 for variable overhead. Fixed costs were $35,000 in manufacturing overhead and $37.000 in nonmanufacturing costs. a. What is the total contribution margin? Total Contribution Margin b. What is the unit contribution margin? Unit Contribution Margin c. What is the contribution margin ratio? Contribution Margin Ratio % ho d. If sales increase by 6,000 units, by...
Vaughn, Inc. sold 13,000 units last year for $180 each. Variable costs per unit were $36...
Vaughn, Inc. sold 13,000 units last year for $180 each. Variable costs per unit were $36 for direct materials, $63 for direct labor, and $9 for variable overhead. Fixed costs were $22,000 in manufacturing overhead and $25,000 in nonmanufacturing costs. a. What is the total contribution margin? Total Contribution Margin b. What is the unit contribution margin? Unit Contribution Margin c. What is the contribution margin ratio? Contribution Margin Ratio % d. If sales increase by 3,000 units, by how...
N and variable costs were $9 per Last month, Laredo Company sold 520 units for $60...
N and variable costs were $9 per Last month, Laredo Company sold 520 units for $60 each. During the month, fixed costs unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the unit contribution margin...
Last month, Laredo Company sold 600 units for $80 each. During the month, fixed costs were...
Last month, Laredo Company sold 600 units for $80 each. During the month, fixed costs were $3,570 and variable costs were $12 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Required 1 Required 2 Required 3 Determine the unit contribution margin and contribution margin ratio. (Round your contribution Margin Ratio to...
This year Burchard Company sold 28.000 units of its only product for $19.40 per unit. Manufacturing...
This year Burchard Company sold 28.000 units of its only product for $19.40 per unit. Manufacturing and selling the product required $113.000 of fixed manufacturing costs and $173.000 of fixed selling and administrative costs. Its per unit variable costs follow. $ 3.30 2.30 Material Direct labor (paid on the basis of completed units) Variable overhead costs Variable selling and administrative costs 0.33 0.13 Next year the company will use a new material, which will reduce material costs by 50% and...
23. Information for a company is shown below. Variable costs per unit: $10.00 direct materials $9.00...
23. Information for a company is shown below. Variable costs per unit: $10.00 direct materials $9.00 for direct labor $6.00 for variable overhead. Total fixed costs: $100,000 in manufacturing overhead and $80,000 in nonmanufacturing costs Assume the company sold75,000 units for $35,00 cach. a. What is the Unit contribution margin? b. Contribution margin ratio? c. Break-even point in units? Dollars? d. If I told you the unit contribution was $12, what is the amount of contribution margin in dollars if...
help asap L return total last year for $180 each. variable [ll. vauan the sold 29,000...
help asap
L return total last year for $180 each. variable [ll. vauan the sold 29,000 units erelo uni 2. Sift + loo 1,40 costs per unit were 5445 for direct materials, $143 for direct labor and $19 for variable overhead. Fixed costs were $23,000 in manufacturing overhead and $139,000 in non manufacturing costs. A. what is total contribution margin Total P. It sales increase condroun # by 5,000 units margin by how muen B. what is the unit will...
The following are the selling price, variable costs, and contribution margin for one unit of each...
The following are the selling price, variable costs, and contribution margin for one unit of each of Banner Company’s three products: A, B, and C: Product A B C Selling price $ 110.00 $ 150.00 $ 170.00 Variable costs: Direct materials 69.50 72.50 117.50 Direct labour 6.00 20.00 8.00 Variable manufacturing overhead 1.50 5.00 2.00 Total variable cost 77.00 97.50 127.50 Contribution margin $ 33.00 $ 52.50 $ 42.50 Contribution margin ratio 30 % 35 % 25 % Due to...
Problem 5-121 [LO 5-5) Chilton, Inc. sold 11,700 units last year for $21 each. Variable costs per unit were $2.00 for direct $60,600 in manufacturing overhead and $40,200 in nonmanufacturing costs. materials, $3.00 for direct labor, and $3.10 for variable overhead. Fixed costs were a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.) b. What is the unit contribution margin? (Round your answer to 2 decimal places.) c. What is the contribution margin ratio?...
Vaughn, Inc. sold 17,000 units last year for $190 each. Variable costs per unit were $48 for direct materials, $38 for direct labor, and $10 for variable overhead. Fixed costs were $35,000 in manufacturing overhead and $37.000 in nonmanufacturing costs. a. What is the total contribution margin? Total Contribution Margin b. What is the unit contribution margin? Unit Contribution Margin c. What is the contribution margin ratio? Contribution Margin Ratio % ho d. If sales increase by 6,000 units, by...
Vaughn, Inc. sold 13,000 units last year for $180 each. Variable costs per unit were $36 for direct materials, $63 for direct labor, and $9 for variable overhead. Fixed costs were $22,000 in manufacturing overhead and $25,000 in nonmanufacturing costs. a. What is the total contribution margin? Total Contribution Margin b. What is the unit contribution margin? Unit Contribution Margin c. What is the contribution margin ratio? Contribution Margin Ratio % d. If sales increase by 3,000 units, by how...
N and variable costs were $9 per Last month, Laredo Company sold 520 units for $60 each. During the month, fixed costs unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the unit contribution margin...
Last month, Laredo Company sold 600 units for $80 each. During the month, fixed costs were $3,570 and variable costs were $12 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Required 1 Required 2 Required 3 Determine the unit contribution margin and contribution margin ratio. (Round your contribution Margin Ratio to...
This year Burchard Company sold 28.000 units of its only product for $19.40 per unit. Manufacturing and selling the product required $113.000 of fixed manufacturing costs and $173.000 of fixed selling and administrative costs. Its per unit variable costs follow. $ 3.30 2.30 Material Direct labor (paid on the basis of completed units) Variable overhead costs Variable selling and administrative costs 0.33 0.13 Next year the company will use a new material, which will reduce material costs by 50% and...
23. Information for a company is shown below. Variable costs per unit: $10.00 direct materials $9.00 for direct labor $6.00 for variable overhead. Total fixed costs: $100,000 in manufacturing overhead and $80,000 in nonmanufacturing costs Assume the company sold75,000 units for $35,00 cach. a. What is the Unit contribution margin? b. Contribution margin ratio? c. Break-even point in units? Dollars? d. If I told you the unit contribution was $12, what is the amount of contribution margin in dollars if...
help asap
L return total last year for $180 each. variable [ll. vauan the sold 29,000 units erelo uni 2. Sift + loo 1,40 costs per unit were 5445 for direct materials, $143 for direct labor and $19 for variable overhead. Fixed costs were $23,000 in manufacturing overhead and $139,000 in non manufacturing costs. A. what is total contribution margin Total P. It sales increase condroun # by 5,000 units margin by how muen B. what is the unit will...
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