Paney Company makes calendars. Information on cost per unit is as follows: Direct materials $1.50 Direct...
Paney Company makes calendars. Information on cost per unit is
as follows:
| Direct materials | $1.50 |
| Direct labor | 1.20 |
| Variable overhead | 0.90 |
| Variable marketing expense | 0.40 |
Fixed marketing expense totaled $13,000 and fixed administrative
expense totaled $35,000. The price per calendar is $10. What is the
contribution margin per unit?
a.$6.30
b.$5.00
c.$6.40
d.$6.00
e.$5.40
Homework Answers
D) $6
Contribution margin = Sale Price- Variable cost
Sale price = $ 10
Variable cost = $ 1.5+$1.2+$.9+$.4 =$4
Contribution margin = $10-$4 = $6
Add Answer to:
Paney Company makes calendars. Information on cost per unit is
as follows:
Direct materials
$1.50
Direct...
Paney Company makes calendars. Information on cost per unit is as follows: Direct materials $1.50 Direct...
Paney Company makes calendars. Information on cost per unit is as follows: Direct materials $1.50 Direct labor 1.20 Variable overhead 0.90 Variable marketing expense 0.40 Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000. The price per calendar is $10. Refer to Figure 4-3. What is the break-even point in units?
Paney Company makes calendars, Information on cost per unit is as follows: $1.50 1.20 Direct materials...
Paney Company makes calendars, Information on cost per unit is as follows: $1.50 1.20 Direct materials Direct labor Variable overhead Variable marketing expense 0.90 0.40 Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000. The price per calendar is $10. What is the break-even point in sales dollars?
Learned Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Learned Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.60 Direct labor $ 3.90 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 22,500 Sales commissions $ 0.50 Variable administrative expense $ 0.40 Fixed selling and administrative expense $ 7,500 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 5,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred...
2) Pedregon Corporation has provided the following information: Cost per Unit Cost per Period S 6.35...
2) Pedregon Corporation has provided the following information: Cost per Unit Cost per Period S 6.35 S 3.75 $ 1.50 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 15,000 0.50 $ 0.55 $ 4,500 If the selling price is $20.60 per unit, the contribution margin per unit sold is closest to A) $4.05 B) $6.00 C) $7.95 D) $10.50
Tirri Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Tirri Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.50 Direct labor $ 3.85 Variable manufacturing overhead $ 1.55 Fixed manufacturing overhead $ 24,400 Sales commissions $ 1.05 Variable administrative expense $ 0.60 Fixed selling and administrative expense $ 8,800 If the selling price is $28.10 per unit, the contribution margin per unit sold is closest to:
Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.50 Direct labor $ 3.40 Variable manufacturing overhead $ 1.30 Fixed manufacturing overhead $ 18,700 Sales commissions $ 0.50 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 5,200 If the selling price is $20.40 per unit, the contribution margin per unit sold is closest to:
Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.15 Direct labor $ 3.90 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 16,200 Sales commissions $ 0.60 Variable administrative expense $ 0.70 Fixed selling and administrative expense $ 6,600 If the selling price is $21.70 per unit, the contribution margin per unit sold is closest to:
Pedregon Corporation has provided the following information: Cost per Period Cost per Unit $6.40 $3.20 $1.20...
Pedregon Corporation has provided the following information: Cost per Period Cost per Unit $6.40 $3.20 $1.20 $14,400 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $0.40 $0.45 $ 3,300 If 4,500 units are produced, the total amount of manufacturing overhead cost is closest to: Multiple Choice $23,100 $18,000 o $19,800 o $15.975 C
Learned Corporation has provided the following information: Costper Unit Cost per Period Direct materials $...
Learned Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.40 Direct labor $ 3.80 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 38,250 Sales commissions $ 0.80 Variable administrative expense $ 0.70 Fixed selling and administrative expense $ 12,750 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 8,500 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 8,500...
Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $...
Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $ 6.85 Direct labor $ 3.90 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 22,500 Sales commissions $ 1.00 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 7,500 If the selling price is $21.20 per unit, the contribution margin per unit sold is closest to: $19.65 O $7.65 O $12.00 O $9.20 Question 17
Paney Company makes calendars, Information on cost per unit is as follows: $1.50 1.20 Direct materials Direct labor Variable overhead Variable marketing expense 0.90 0.40 Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000. The price per calendar is $10. What is the break-even point in sales dollars?
2) Pedregon Corporation has provided the following information: Cost per Unit Cost per Period S 6.35 S 3.75 $ 1.50 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 15,000 0.50 $ 0.55 $ 4,500 If the selling price is $20.60 per unit, the contribution margin per unit sold is closest to A) $4.05 B) $6.00 C) $7.95 D) $10.50
Pedregon Corporation has provided the following information: Cost per Period Cost per Unit $6.40 $3.20 $1.20 $14,400 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $0.40 $0.45 $ 3,300 If 4,500 units are produced, the total amount of manufacturing overhead cost is closest to: Multiple Choice $23,100 $18,000 o $19,800 o $15.975 C
Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $ 6.85 Direct labor $ 3.90 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 22,500 Sales commissions $ 1.00 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 7,500 If the selling price is $21.20 per unit, the contribution margin per unit sold is closest to: $19.65 O $7.65 O $12.00 O $9.20 Question 17
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