Homework Answers
Required Unit = (Fixed cost+Desired profit)/Contribution margin per unit
= (168000+138000+48000)/(40-28)
Required unit = 29500 Units
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Lamar has the following data: Selling price Variable manufacturing cost Fixed manufacturing cost Variable selling &...
m With Password Saved Lamar has the following data: Selling price Variable manufacturing cost Fixed manufacturing...
m With Password Saved Lamar has the following data: Selling price Variable manufacturing cost Fixed manufacturing cost Variable selling & administrative costs $ Fixed selling & administrative costs 40 24 22 $189, 000 per month $159, 000 per month If Lamar produces and sells 69,000 units, what is the margin of safety in units? Multiple Choice 14,833 units. 40,000 units. < Prev 11 of 31 Next > SAMSUNG
Lamar has the following data: Selling Price Variable manufacturing cost Fixed manufacturing cost Vartable selling &...
Lamar has the following data: Selling Price Variable manufacturing cost Fixed manufacturing cost Vartable selling & administrative costs Fixed selling & administrative costs $ 40 $ 22 $150.000 per month $120.000 per month How many units must Lamar produce and sell in order to break-even? O 8.333 units. O 12,500 units O 15.000 units O 22.500 units Search Windows
How many units must Lamar produce and sell in order to break-even?
Lamar has the following data: Selling Price $ 40 Variable manufacturing cost $ 22Fixed manufacturing cost $150,000 per month Variable selling & administrative costs $ 6Fixed selling & administrative costs $120,000 per month How many units must Lamar produce and sell in order to break-even?
Rainbow Manufacturing has the following data: Selling price: $140 Variable manufacturing cost: $87 Fixed manufacturing cost...
Rainbow Manufacturing has the following data: Selling price: $140 Variable manufacturing cost: $87 Fixed manufacturing cost $250,000 per month Variable selling & adminstrative costs $22 Fixed selling & adminstrative costs $188,000 per month If Rainbow Manufacturing has actual monthly sales of $2,100,000 and desires an operating profit of $75,000 per month, what is the margin of safety in sales dollars? a. $242,972 b. $154,299 c $75,000 d. $250,000
5 Sales revenue Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative costs Fixed selling...
5 Sales revenue Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative costs Fixed selling and administrative costs $274,000 93,000 67,000 38,000 33,000 What is this company's contribution margin? Multiple Choice o $43.000 $76.000 5114000 $143.000 6 Sales revenue (1,700 units * $19.20 per unit) Cost of goods sold (variable; 1,700 units x $9.20 per unit) Cost of goods sold (fixed) Gross margin Administrative salaries Depreciation Supplies (1,700 units * $1.20 per unit) Net income $ 32,640 (15,640) (3,200)...
Units produced Sale price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling...
Units produced Sale price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 3,500 units 200 per unit 70 per unit 55 per unit 20 per unit $350,000 per year $ 30 per unit $150,000 per year Calculate the unit product cost using absorption costing. Multiple Choice $245 $275
Campbell Manufacturing Company established the following standard price and cost data: Sales price Variable manufacturing cost...
Campbell Manufacturing Company established the following standard price and cost data: Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.40 per unit $ 3.40 per unit $2,600 total $ 600 total Campbell planned to produce and sell 2,300 units. Actual production and sales amounted to 2,500 units. Assume that the actual sales price is $8.10 per unit and that the actual variable cost is $3.70 per unit. The actual fixed manufacturing cost is $2,400,...
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $ 170 15,400 13,700 1,700 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $446,600 $ 178, 100 What is the total period cost for the month under variable...
26 Gaved A manufacturing company that produces a single product has provided the following data concerning...
26 Gaved A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials 4,100 4,000 108 Ded 43 Direct labor $ $ $ 45 Variable manufacturing overhead Variable selling and administrative expense Fixed costs Fixed manufacturing overhead Fixed selling and administrative expense 8 6 $86,100 $40,000 What is the veriable costing unit product...
how to solve 5678？ Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling...
how to solve 5678？
Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense A-ount per Unit $ 7.00 $ 4.00 $ 1.50 $ 5.00 $ 3.50 $ 2.50 $ 1.00 $ 0.50 Required: 1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 22,000 units are produced and sold, what is the variable cost per unit produced and...
m With Password Saved Lamar has the following data: Selling price Variable manufacturing cost Fixed manufacturing cost Variable selling & administrative costs $ Fixed selling & administrative costs 40 24 22 $189, 000 per month $159, 000 per month If Lamar produces and sells 69,000 units, what is the margin of safety in units? Multiple Choice 14,833 units. 40,000 units. < Prev 11 of 31 Next > SAMSUNG
Lamar has the following data: Selling Price Variable manufacturing cost Fixed manufacturing cost Vartable selling & administrative costs Fixed selling & administrative costs $ 40 $ 22 $150.000 per month $120.000 per month How many units must Lamar produce and sell in order to break-even? O 8.333 units. O 12,500 units O 15.000 units O 22.500 units Search Windows
5 Sales revenue Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative costs Fixed selling and administrative costs $274,000 93,000 67,000 38,000 33,000 What is this company's contribution margin? Multiple Choice o $43.000 $76.000 5114000 $143.000 6 Sales revenue (1,700 units * $19.20 per unit) Cost of goods sold (variable; 1,700 units x $9.20 per unit) Cost of goods sold (fixed) Gross margin Administrative salaries Depreciation Supplies (1,700 units * $1.20 per unit) Net income $ 32,640 (15,640) (3,200)...
Units produced Sale price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 3,500 units 200 per unit 70 per unit 55 per unit 20 per unit $350,000 per year $ 30 per unit $150,000 per year Calculate the unit product cost using absorption costing. Multiple Choice $245 $275
Campbell Manufacturing Company established the following standard price and cost data: Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.40 per unit $ 3.40 per unit $2,600 total $ 600 total Campbell planned to produce and sell 2,300 units. Actual production and sales amounted to 2,500 units. Assume that the actual sales price is $8.10 per unit and that the actual variable cost is $3.70 per unit. The actual fixed manufacturing cost is $2,400,...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $ 170 15,400 13,700 1,700 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $446,600 $ 178, 100 What is the total period cost for the month under variable...
26 Gaved A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials 4,100 4,000 108 Ded 43 Direct labor $ $ $ 45 Variable manufacturing overhead Variable selling and administrative expense Fixed costs Fixed manufacturing overhead Fixed selling and administrative expense 8 6 $86,100 $40,000 What is the veriable costing unit product...
how to solve 5678？
Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense A-ount per Unit $ 7.00 $ 4.00 $ 1.50 $ 5.00 $ 3.50 $ 2.50 $ 1.00 $ 0.50 Required: 1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold? 2. If 22,000 units are produced and sold, what is the variable cost per unit produced and...
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