Homework Answers
Variable costing
Contribution margin per unit = selling price per unit- variable cost per unit =$48
Units sold = 1000
Contribution Margin =$48,000
The numbers will remain same for all 3 scenarios
Add Answer to:
Product x sells for $157 per unit. Assume a beginning investories. Calculate the contribution Ayers, Inc....
Ayers, Inc has the following cost data for Product X and unit product cost using variable costing when production...
Ayers, Inc has the following cost data for Product X and unit product cost using variable costing when production is 200 units 500 units, and 1.000 units (Click on the icon to view the data) (Click on the icon to view the unit product cost data) Product X sells for $169 per unit Assume no beginning inventories Calculate the contribution margin using variable casting when Ayers a. Produces and sells 200 units b. Produces 500 units and sells 200 units...
Ace, Inc. has the following cost data for Product X, and unit product cost using variable...
Ace, Inc. has the following cost data for Product X, and unit product cost using variable costing when production is 2,000 units, 2,500 units, and 5,000 units. (Click on the icon to view the data.) (Click on the icon to view the unit product cost data.) Product X sells for $162 per unit. Assume no beginning inventories. Calculate the contribution margin using variable costing when Ace: a. Produces and sells 2,000 units. b. Produces 2,500 units and sells 2,000 units....
Ayers, Inc. has the following cost data for Product X (Click on the icon to view...
Ayers, Inc. has the following cost data for Product X (Click on the icon to view the data) Calculate the unit product cost using absorption costing and variable costing when production is 600 units, 1,000 units, and 1.200 units Select the labels and enter the amounts to compute the unit product cost using absorption costing (if a box is not used in the table, leave the box empty, do not select a label or enter a zero) 600 units 1,000...
Ace, Inc. has the following cost data for Product X, and unit product cost using variable...
Ace, Inc. has the following cost data for Product X, and unit product cost using variable costing when production is 2,000 units, 2,500 units, and 5,000 units. (Click on the icon to view the data.) Product X sells for $162 per unit. Assume no beginning inventories. Calculate the contribution margin using variable costing when Ace: a. Produces and sells 2,000 units. b. Produces 2,500 units and sells 2,000 units. c. Produces 5,000 units and sells 2,000 units. (Click on the...
Abbott, Inc. has the following cost data for Product X, and unit product cost using variable...
Abbott, Inc. has the following cost data for Product X, and unit product cost using variable costing when production is 2,000 units, 2,500 units, and 5,000 units. |(Click on the icon to view the data.) (Click on the icon to view the unit product cost data.) Product X sells for $179 per unit. Assume no beginning inventories. Calculate the contribution margin using variable costing when Abbott: a. Produces and sells 2,000 units. b. Produces 2,500 units and sells 2,000 units....
Abbon, Inc. has the following cost data for Product X and unit product cost using absorption...
Abbon, Inc. has the following cost data for Product X and unit product cost using absorption costing when production is 200 units 500 units and 1 000 units Click on the icon to view the cost data (Click on the icon to view the unit product cost data) Product X sells for $224 per unit Read the requirements Begin by selecting the labels and computing the grous profit for scenario a and the compute the gross profit for scenario bando...
Hixson Company manufactures and sells one product for $34 per unit. The company maintains no beginning...
Hixson Company manufactures and sells one product for $34 per unit. The company maintains no beginning or ending inventories and its relevant range of production is 20,000 units to 30,000 units. When Hixson produces and sells 25,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount Per Unit $8.00 $5.00 $1.00 $6.00 $3.50 $2.50 $4.00 $1.00
Jackson Company manufactures and sells one product for $34 per unit. The company maintains no beginning...
Jackson Company manufactures and sells one product for $34 per unit. The company maintains no beginning or ending inventories and its relevant range of production is 20,000 to 30,000 units. When Jackson produces and sells 25,000 units, its unit costs are as follows: Per Unit Amount $8.00 $5.00 Direct materials Direct labor $1.00 $6.00 $3.50 $2.50 Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense $4.00 $1.00 Sales commissions Variable administrative expense Required: 1. For financial accounting...
Hixson Company manufactures and sells one product for $34 per unit. The company maintains no beginning...
Hixson Company manufactures and sells one product for $34 per unit. The company maintains no beginning or ending inventories and its relevant range of production is 20,000 units to 30,000 units. When Hixson produces and sells 25,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount Per Unit $8.00 $5.00 $1.00 $6.00 $3.50 $2.50 $4.00 $1.00 Required: 1. For financial...
Smith Company produces and sells one product for $40 per unit. The company has no beginning inventories. Its variable ma...
Smith Company produces and sells one product for $40 per unit. The company has no beginning inventories. Its variable manufacturing cost per unit is $18 and the variable selling and administrative expense per unit is $4. The fixed manufacturing overhead and fixed selling and administrative expense total $80,000 and $20,000, respectively. If Smith Company produces 8,000 units and sells 7,500 units during the year, then its net operating income under absorption and variable costing
Ayers, Inc has the following cost data for Product X and unit product cost using variable costing when production is 200 units 500 units, and 1.000 units (Click on the icon to view the data) (Click on the icon to view the unit product cost data) Product X sells for $169 per unit Assume no beginning inventories Calculate the contribution margin using variable casting when Ayers a. Produces and sells 200 units b. Produces 500 units and sells 200 units...
Ace, Inc. has the following cost data for Product X, and unit product cost using variable costing when production is 2,000 units, 2,500 units, and 5,000 units. (Click on the icon to view the data.) (Click on the icon to view the unit product cost data.) Product X sells for $162 per unit. Assume no beginning inventories. Calculate the contribution margin using variable costing when Ace: a. Produces and sells 2,000 units. b. Produces 2,500 units and sells 2,000 units....
Ayers, Inc. has the following cost data for Product X (Click on the icon to view the data) Calculate the unit product cost using absorption costing and variable costing when production is 600 units, 1,000 units, and 1.200 units Select the labels and enter the amounts to compute the unit product cost using absorption costing (if a box is not used in the table, leave the box empty, do not select a label or enter a zero) 600 units 1,000...
Ace, Inc. has the following cost data for Product X, and unit product cost using variable costing when production is 2,000 units, 2,500 units, and 5,000 units. (Click on the icon to view the data.) Product X sells for $162 per unit. Assume no beginning inventories. Calculate the contribution margin using variable costing when Ace: a. Produces and sells 2,000 units. b. Produces 2,500 units and sells 2,000 units. c. Produces 5,000 units and sells 2,000 units. (Click on the...
Abbott, Inc. has the following cost data for Product X, and unit product cost using variable costing when production is 2,000 units, 2,500 units, and 5,000 units. |(Click on the icon to view the data.) (Click on the icon to view the unit product cost data.) Product X sells for $179 per unit. Assume no beginning inventories. Calculate the contribution margin using variable costing when Abbott: a. Produces and sells 2,000 units. b. Produces 2,500 units and sells 2,000 units....
Abbon, Inc. has the following cost data for Product X and unit product cost using absorption costing when production is 200 units 500 units and 1 000 units Click on the icon to view the cost data (Click on the icon to view the unit product cost data) Product X sells for $224 per unit Read the requirements Begin by selecting the labels and computing the grous profit for scenario a and the compute the gross profit for scenario bando...
Hixson Company manufactures and sells one product for $34 per unit. The company maintains no beginning or ending inventories and its relevant range of production is 20,000 units to 30,000 units. When Hixson produces and sells 25,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount Per Unit $8.00 $5.00 $1.00 $6.00 $3.50 $2.50 $4.00 $1.00
Jackson Company manufactures and sells one product for $34 per unit. The company maintains no beginning or ending inventories and its relevant range of production is 20,000 to 30,000 units. When Jackson produces and sells 25,000 units, its unit costs are as follows: Per Unit Amount $8.00 $5.00 Direct materials Direct labor $1.00 $6.00 $3.50 $2.50 Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense $4.00 $1.00 Sales commissions Variable administrative expense Required: 1. For financial accounting...
Hixson Company manufactures and sells one product for $34 per unit. The company maintains no beginning or ending inventories and its relevant range of production is 20,000 units to 30,000 units. When Hixson produces and sells 25,000 units, its unit costs are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Amount Per Unit $8.00 $5.00 $1.00 $6.00 $3.50 $2.50 $4.00 $1.00 Required: 1. For financial...
Most questions answered within 3 hours.
-
jane 49 contributed 6000 to her ira on November 11
2018 she comes into your office...
asked 2 minutes from now -
Assume you used Analysis of Variance to compare the student debt
for 100 college graduates--25 from...
asked 42 seconds ago -
a company just paid an annual dividend of $1.20 per share. the
share is priced at...
asked 5 seconds from now -
What was happening in the workplace before the signing of the
Civil Rights Act of 1964?
asked 4 minutes ago -
The probability that a randomly selected teenager studied at
least once during a week was only...
asked 9 minutes ago -
At 20.0°C, the vapor pressure of ethanol is 45.0 torr, and the
vapor pressure of methanol...
asked 11 minutes ago -
13.
Given the following definitions:
U = {1, 2, 3, 4, 5, 6, 7}
A =...
asked 19 minutes ago -
1. Let us again continue with analyses of data from the study of
M Daviglus et...
asked 19 minutes ago -
Consider the following data for a dependent variable y and two
independent variables, x1 and x2....
asked 18 minutes ago -
Research paper on a Sex Crime and Policy Topic
Including all 3 origins “sex crime and...
asked 21 minutes ago -
6. What volume will 40.0mL of nitrogen, measured at 15.0°C and
780.0torr, occupy at STP?
7....
asked 20 minutes ago -
Scientists have meaured that at a distance of 1 AU from star X
energy of radiation...
asked 32 minutes ago