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
Homework Answers
Add Answer to:
Rainbow Manufacturing has the following data:
Selling price: $140
Variable manufacturing cost: $87
Fixed manufacturing cost...
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 Variable selling &...
Lamar has the following data: Selling price Variable manufacturing cost Fixed manufacturing cost Variable selling & administrative costs $ Fixed selling & administrative costs 40 22 -6 $168, 000 per month $138, 000 per month How many units must Lamar produce and sell in order to achieve a profit of $48,000 per month? Multiple Choice 19,500 units. 22,000 units. < Prev 8 of 31 Next > %24
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
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,...
Problem 11-4 NYM Manufacturing Company makes a product. Selling Price per unit Variable manufacturing cost per unit Variable selling expense per unit (sales commissions) Annual Fixed Manufacturing Co...
Problem 11-4 NYM Manufacturing Company makes a product. Selling Price per unit Variable manufacturing cost per unit Variable selling expense per unit (sales commissions) Annual Fixed Manufacturing Costs Annual Fixed Selling and Admin Costs 150 80 25 40,000 s 60,000 REQUIRED Determine the break-even point in units and dollars using the following approaches. 1 Equation method 2 Contribution margin per unit. 3 Contribution margin ratio. 4 Confirm your results by preparing a contribution margin income statement for the breakeven sales...
Multiple Choice Question 140 The following monthly data are available for Vaughn Manufacturing, which produces only...
Multiple Choice Question 140 The following monthly data are available for Vaughn Manufacturing, which produces only one product: Selling price per unit, $44; Unit variable expenses, $14; Total fixed expenses, $42000; Actual sales for the month of June, 6000 units. How much is the margin of safety for the company for June? $202400 O $1400 O $84000 O $42000
JBeats produce and sell a product that has variable costs of $33 and a selling price...
JBeats produce and sell a product that has variable costs of $33 and a selling price of $68 . Its current sales total $204,000 per month. Fixed manufacturing costs total $25,000 per month and fixed selling and administrative costs total $17,000 per month. The company is considering a proposal that will increase the selling price by 5%, increase the fixed manufacturing costs by 5%, and increase the fixed selling and administrative costs by $3,500. A. Compute JBeats’s current break-even point...
Data concerning Follick Corporation's single product appear below: Selling price per unit Variable expense per unit...
Data concerning Follick Corporation's single product appear below: Selling price per unit Variable expense per unit Fixed expense per month $ 240.00 $ 76.80 $146,880 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Cubie Corporation has provided the following data concerning its only product: Selling price Current sales Break-even sales $ 87 per unit 13,000 units 11,700 units What is the margin of safety in dollars?
The following monthly data was available for Purple Company Selling price $100 Unit variable expenses $75...
The following monthly data was available for Purple Company Selling price $100 Unit variable expenses $75 Fixed expenses $75,000 Actual Sales 18,000 units What was the margin of safety in units? 20,000 15,000 3,000 18,000
3 (a) Calculate variable cost per unit. Current Designs.xls Data Review View Home Insert Page Layout...
3 (a) Calculate variable cost per unit. Current Designs.xls Data Review View Home Insert Page Layout Formulas Kevlar Kevlar Resin and supplies Finishing kit (seat, rudder, ropes, etc.) Labor Selling and administrative expenses - variable Total variable costs per unit 2 Resin and supplies 3 Finishing kit (seat, rudder, ropes, etc.) 4 Labor 5 Selling and administrative expenses variable 6 Selling and administrative expenses—fixed 7 Manufacturing overhead-fixed $250 per kayak $100 per kayak $170 per kayak $420 per kayak $400...
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 Variable selling & administrative costs $ Fixed selling & administrative costs 40 22 -6 $168, 000 per month $138, 000 per month How many units must Lamar produce and sell in order to achieve a profit of $48,000 per month? Multiple Choice 19,500 units. 22,000 units. < Prev 8 of 31 Next > %24
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
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,...
Problem 11-4 NYM Manufacturing Company makes a product. Selling Price per unit Variable manufacturing cost per unit Variable selling expense per unit (sales commissions) Annual Fixed Manufacturing Costs Annual Fixed Selling and Admin Costs 150 80 25 40,000 s 60,000 REQUIRED Determine the break-even point in units and dollars using the following approaches. 1 Equation method 2 Contribution margin per unit. 3 Contribution margin ratio. 4 Confirm your results by preparing a contribution margin income statement for the breakeven sales...
Multiple Choice Question 140 The following monthly data are available for Vaughn Manufacturing, which produces only one product: Selling price per unit, $44; Unit variable expenses, $14; Total fixed expenses, $42000; Actual sales for the month of June, 6000 units. How much is the margin of safety for the company for June? $202400 O $1400 O $84000 O $42000
Data concerning Follick Corporation's single product appear below: Selling price per unit Variable expense per unit Fixed expense per month $ 240.00 $ 76.80 $146,880 The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Cubie Corporation has provided the following data concerning its only product: Selling price Current sales Break-even sales $ 87 per unit 13,000 units 11,700 units What is the margin of safety in dollars?
The following monthly data was available for Purple Company Selling price $100 Unit variable expenses $75 Fixed expenses $75,000 Actual Sales 18,000 units What was the margin of safety in units? 20,000 15,000 3,000 18,000
3 (a) Calculate variable cost per unit. Current Designs.xls Data Review View Home Insert Page Layout Formulas Kevlar Kevlar Resin and supplies Finishing kit (seat, rudder, ropes, etc.) Labor Selling and administrative expenses - variable Total variable costs per unit 2 Resin and supplies 3 Finishing kit (seat, rudder, ropes, etc.) 4 Labor 5 Selling and administrative expenses variable 6 Selling and administrative expenses—fixed 7 Manufacturing overhead-fixed $250 per kayak $100 per kayak $170 per kayak $420 per kayak $400...
Most questions answered within 3 hours.
-
Write a program to solve the Josephus problem, with the following
modification:
Sample Input:
./a.out n...
asked 1 hour ago -
At the start of a CD it is spinning at a rate of 525 rpm
(revolutions...
asked 2 hours ago -
4. Without doing any calculations, predict whether the observed
∆T would increase, decrease or remain the...
asked 3 hours ago -
Based on the range, which of the following sets of scores has
the greatest variability? 3,...
asked 4 hours ago -
Ripples in a pond travel at a velocity of 3 m/s with one peak
passing a...
asked 4 hours ago -
A man stands on the roof of a building of height 13.0 mm and
throws a...
asked 4 hours ago -
The extent to which assets are financed by borrowed funds and
other liabilities is indicated by:...
asked 5 hours ago -
Explain in detail
Germany is the fifth largest economy
explain what goods and services Germany specializes...
asked 5 hours ago -
The density of platinum is 21.45 g/mL. If a cube of platinum
with a mass of...
asked 5 hours ago -
Accounts Receivable
Sales
A/R Posting
Extended Sales Invoice
Packing Slip
Compare invoice to packing slip 2...
asked 5 hours ago -
Michaella, age 23, is a full-time law student and is claimed by
her parents as a...
asked 6 hours ago -
Why are polymers not typically casted into products?
asked 6 hours ago