Question 4a. 4b. 4c. Question Help Awanita Enterprises sells computer flash drives for $4.34 per unit....
Awanita Enterprises sells computer flash drives for $3.16 per unit. Unit variable cost is $0.06. The breakeven point in units is 3,600, and expected sales in units are 4,300. What is the margin of safety in dollars? OA. $11,376 O B. $2,170 O C. $2.212 O D. $42
SpeedCo. Manufacturing manufactures 16 GB flash drives (jump drives). Price and cost data for a relevant range extending to 200,000 units per month are as follows: Sales price per unit:(current monthly sales volume is 110,000 units) $25.00 Variable costs per unit: Direct materials $7.60 Direct labor. . $6.00 Variable manufacturing overhead. $4.40 Variable selling and administrative expenses $3.00 Monthly fixed expenses: Fixed manufacturing overhead. $111,600 Fixed selling and administrative expenses $167,400 1. What is the company's contribution margin per unit?...
Giga Manufacturing Co. manufactures 1 GB flash drives (jump drives). Price and cost data for a relevant range extending to 500,000 units per month are as follows: Sales price per unit: (Current monthly sales volume is 400,000 units) $20.00 Variable costs per unit: Direct materials 4.00 Direct labor 6.00 Variable manufacturing overhead 2.00 Variable selling and administrative expenses 2.00 Monthly fixed expenses: Fixed manufacturing overhead $1,600,000 Fixed selling and administrative expenses $1,200,000 Required: What...
Sunland Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $10 of variable costs to make. During April, 2500 drives were sold. Fixed costs for April were $6 per unit for a total of $15000 for the month. If variable costs decrease by 20%, what happens to the break-even level of units per month for Sunland Company? It is 20% higher than the original break-even point. It decreases about 250 units. It decreases...
Mettel Products sells 100,000 flash drives annually to industrial distributors who resell the drives to business customers for $40 each. The distributors’ margins are 25%. Mettel Products’ cost of goods sold is $10.00 each. Mettel’s total variable costs (including selling costs) are $15.00 per drive. What is the gross margin (in percentage) enjoyed by Mettel Products on its drives? [Note: A firm’s margin on a product is typically calculated as a percentage of the firm’s selling price.] Mettel has developed...
Multiple Choice Question 86 Sheffield Corp. produces flash drives for computers, which it sells for $25 each. Each flash drive costs $12 of variable costs to make. During April, 1000 drives were sold. Fixed costs for April were $1000. How much is the contribution margin ratio? . 5296 60% 56% Click if you would like to Show Work for this question: Qren Show Work
Data-2-Go manufactures and sells flash drives. The company produces only when it receives orders and, therefore, has no inventories. The following information is available for the current month: Actual (based on actual of 425,000 units) Master Budget (based on budgeted 400,000 units) Sales revenue $ 2,995,000 $ 3,400,000 Less Variable costs Blank flash drives 950,000 1,000,000 Direct labor 247,500 200,000 Variable overhead 363,500 400,000 Variable marketing and administrative 305,000 280,000 Total variable costs $ 1,866,000 $ 1,880,000 Contribution margin $...
Question Help Highway Driving School charges $800 per student to prepare and administer written and driving tests. Variable costs of $240 per student include trainers' wages, study materials, and gasoline. Annual fixed costs of $151,200 include the training facility and fleet of cars. Read the requirements. Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units: Begin by showing the formula for contribution margin per unit and then enter...
Only need help with 4b. lomework Connelly Inc a manufacturer of quality electrice cream makers, has experienced a steady growth in sales over the past few years Because her business has grown, Jon De Janey, the president, believes she needs an aggressive advertising campaign next year to maintain the company's growth. To prepare for the growth, the accountant prepared the following data for the current year Variable costs por ice crea Direct labor Direct materials Variable overhead Total variable costs...
Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units: Begin by showing the formula for contribution margin per unit and then enter the amounts to calculate the contribution margin per unit for each situation. (Abbreviation used: CM = contribution margin.) CM per unit Situation a. II Situation b. Situation c. Situation d. Now select the labels to show the formula for breakeven point in units and then enter...