Homework Answers
a&b.
| Sales (8000*12) | $96000 |
| Less: unit level cost (240000*8000/25000) | 76800 |
| Contribution Margin | $19,200 |
Hensely should accept the special order.
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Hensely Company, which produces and sells a small digital clock, bases its pricing strategy on a...
Benson Company, which produces and sells a small digital clock, bases its pricing strategy on a...
Benson Company, which produces and sells a small digital clock, bases its pricing strategy on a 25 percent markup on total cost. Based on annual production costs for 10,000 units of product, computations for the sales price per clock follow: $150,000 50,000 Unit-level costs Fixed costs Total cost (a) Markup (a x 0.25) Total sales (b) 200,000 50,000 $250,000 25 Sales price per unit (b 10,000) Required a. Benson has excess capacity and receives a special order for 7,000 clocks...
Adams Company, which produces and sells a small digital clock, bases its pricing strategy on a...
Adams Company, which produces and sells a small digital clock,
bases its pricing strategy on a 25 percent markup on total cost.
Based on annual production costs for 12,000 units of product,
computations for the sales price per clock follow:
Adams has excess capacity and receives a special order for 5,000
clocks for $22 each. Calculate the contribution margin per unit.
Based on this, should Adams accept the special order?
Prepare a contribution margin income statement for the special
order....
Vernon Company, which produces and sells a small digital clock, bases its pricing strategy on a...
Vernon Company, which produces and sells a small digital clock, bases its pricing strategy on a 20 percent markup on total cost. Based on annual production costs for 12,000 units of product, computations for the sales price per clock follow. points Unit-level costs Fixed costs Total cost (a) Markup (a x 0.20) Total sales (b) Sales price per unit (b + 12,000) $ 240,000 60,000 300,000 60,000 $360,000 30 eBook Hint Ask Required References a. Vernon has excess capacity and...
Juniper Enterprises sells handmade clocks. Its variable cost per clock is $23.80, and each clock sells for $34.
Juniper Enterprises sells handmade clocks. Its variable cost per clock is $23.80, and each clock sells for $34. Calculate Juniper's contribution margin per unit and contribution margin ratio. If the company's fixed costs total $7,446, determine how many clocks Juniper must sell to break even Calculate Juniper's contribution margin per unit and contribution margin ratio. (Round your "Unit Contribution Margin" answer to 2 decimal places.) If the company's fixed costs total $7,446, determine how many docks Juniper must sell t break even.
Chapter 6 Assignment i Saved Juniper Enterprises sells handmade clocks. Its variable cost per clock is...
Chapter 6 Assignment i Saved Juniper Enterprises sells handmade clocks. Its variable cost per clock is $16.10, and each clock sells for $23. 10 Calculate Juniper's contribution margin per unit and contribution margin ratio. If the company's fixed costs total $5,037, determine how many clocks Juniper must sell to break even. points Complete this question by entering your answers in the tabs below. eBook Contribution Break Even Margin Point Print Calculate Juniper's contribution margin per unit and contribution margin ratio....
Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $4.80, and each clock...
Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $4.80, and each clock sells for $16.00. Calculate Red Hawk's unit contribution margin. Calculate Red Hawk's contribution margin ratio. Suppose Red Hawk sells 1,700 clocks this year. Calculate the total contribution margin.
Fanning Quilting Company makes blankets that it markets through a variety of department stores. It makes...
Fanning Quilting Company makes blankets that it markets through a variety of department stores. It makes the blankets in batches of 2,500 units. Fanning made 25,000 blankets during the prior accounting period. The cost of producing the blankets is summarized here. Materials cost ($25 per unit × 25,000) $ 625,000 Labor cost ($20 per unit × 25,000) 500,000 Manufacturing supplies ($3 × 25,000) 75,000 Batch-level costs (10 batches at $5,000 per batch) 50,000 Product-level costs 240,000 Facility-level costs 300,000 Total...
:3 Questloh Help The Chiming Clock Company sells a particular clock for $45. The variable costs...
:3 Questloh Help The Chiming Clock Company sells a particular clock for $45. The variable costs are $21 per clock and the breakeven point is 200 clocks. The company expects to sell 250 clocks this year. If the company actually sells 370 clocks, what effect would the sale of additional 120 clocks have on operating income? Explain your answer. The sale of an additional 120 clocks would operating income by the amount of The total effect would amount to $...
16sb Please show full calculation, TIA! ---- 1. ABC Company produces a product that currently sells...
16sb Please show full calculation, TIA! ---- 1. ABC Company produces a product that currently sells for $72 per unit. Current production costs per unit include the following: Direct materials = $20 Variable overhead = $10 Direct labor = $24 Fixed overhead = $10 Total production costs = $64 ABC has received a special pricing offer from a nonprofit organization to buy 3,000 units at $60 per unit. ABC is currently operating at full production capacity. Identify...
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20 pts Company D produces product ZZZ that sells for $400 per unit. c Company S has offered to purchase 300 units at a specie one-time price of $300 per unit. Use the following information to answer A through E Product ZZZ Material cost per unit Allocated corporate-level CEO salary Batch costs for every 200 units Labor cost per unit Sales commission per unit (to sell to public) Allocated factory-level depreciation Other variable costs per unit $160 $40,000 $3,600 $80...
Benson Company, which produces and sells a small digital clock, bases its pricing strategy on a 25 percent markup on total cost. Based on annual production costs for 10,000 units of product, computations for the sales price per clock follow: $150,000 50,000 Unit-level costs Fixed costs Total cost (a) Markup (a x 0.25) Total sales (b) 200,000 50,000 $250,000 25 Sales price per unit (b 10,000) Required a. Benson has excess capacity and receives a special order for 7,000 clocks...
Adams Company, which produces and sells a small digital clock,
bases its pricing strategy on a 25 percent markup on total cost.
Based on annual production costs for 12,000 units of product,
computations for the sales price per clock follow:
Adams has excess capacity and receives a special order for 5,000
clocks for $22 each. Calculate the contribution margin per unit.
Based on this, should Adams accept the special order?
Prepare a contribution margin income statement for the special
order....
Vernon Company, which produces and sells a small digital clock, bases its pricing strategy on a 20 percent markup on total cost. Based on annual production costs for 12,000 units of product, computations for the sales price per clock follow. points Unit-level costs Fixed costs Total cost (a) Markup (a x 0.20) Total sales (b) Sales price per unit (b + 12,000) $ 240,000 60,000 300,000 60,000 $360,000 30 eBook Hint Ask Required References a. Vernon has excess capacity and...
Chapter 6 Assignment i Saved Juniper Enterprises sells handmade clocks. Its variable cost per clock is $16.10, and each clock sells for $23. 10 Calculate Juniper's contribution margin per unit and contribution margin ratio. If the company's fixed costs total $5,037, determine how many clocks Juniper must sell to break even. points Complete this question by entering your answers in the tabs below. eBook Contribution Break Even Margin Point Print Calculate Juniper's contribution margin per unit and contribution margin ratio....
:3 Questloh Help The Chiming Clock Company sells a particular clock for $45. The variable costs are $21 per clock and the breakeven point is 200 clocks. The company expects to sell 250 clocks this year. If the company actually sells 370 clocks, what effect would the sale of additional 120 clocks have on operating income? Explain your answer. The sale of an additional 120 clocks would operating income by the amount of The total effect would amount to $...
20 pts Company D produces product ZZZ that sells for $400 per unit. c Company S has offered to purchase 300 units at a specie one-time price of $300 per unit. Use the following information to answer A through E Product ZZZ Material cost per unit Allocated corporate-level CEO salary Batch costs for every 200 units Labor cost per unit Sales commission per unit (to sell to public) Allocated factory-level depreciation Other variable costs per unit $160 $40,000 $3,600 $80...
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