Homework Answers
| q3) | d | ||||||
| Remains constant | Decreases | ||||||
| Q8) | 1 and 4 | ||||||
| Mh's | cost | ||||||
| Q11) | high | 7,000 | 18,000 | ||||
| low | 2,000 | 9,000 | |||||
| Difference | 5,000 | 9,000 | |||||
| variable cost per unit = | 9000/5000 | ||||||
| 1.8 | |||||||
| fixed cost = | 18000-7000*1.8 | ||||||
| 5400 | answer | ||||||
| Q13) | contribution margin ratio | ||||||
| 7./20 | |||||||
| 35% | answer | ||||||
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Question 3 4 pts An increase in the level of activity will have which of the...
An increase in the level of activity will have the following effects on unit costs for...
An increase in the level of activity will have the following effects on unit costs for both variable and fixed costs: UNIT VARIABLE COSTS-UNIT FIXED COSTS Increase - decrease O Remains constant - remains constant Decrease - remains constant Remains constant - decrease
When the level of activity increases within the relevant range, how does each of the following...
When the level of activity increases within the relevant range, how does each of the following change? A. Variable Cost per Unit - Increases, Fixed Cost per Unit - Increases B. Variable Cost per Unit - Decreases, Fixed Cost per Unit - Remains the same C. Variable Cost per Unit - Remains the same, Fixed Cost per Unit - Decreases D. Variable Cost per Unit - Remains the same, Fixed Cost per Unit - Increases The new cost analyst in your...
134. Murphy Company produces flash drives for computers, which it sells for $20 each. Each flash...
134. Murphy Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $6 of variable costs to make. During April, 700 drives were sold. Fixed costs for April were $4 per unit for a total of $2,800 for the month. How much does Murphy's operating income increase for each $1,000 increase in revenue per month? a. $700 b. $500 c. $14,000 d. Not enough information to determine the answer.
Sunland Company produces flash drives for computers, which it sells for $20 each. Each flash drive...
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...
Question 30 4 pts MacCloud Industries has two divisions-Standard and Premium. Each division has hundreds of...
Question 30 4 pts MacCloud Industries has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available: Standard Division Premium Division Total Sales $400,000 $600,000 $1,000,000 Variable costs 280,000 360,000 Contribution margin $120,000 $240,000 Total fixed costs $300,000 What is the weighted average contribution margin ratio? 50% 35% OOO 36% O 34% Question 32 4 pts Curtis Corporation's contribution margin is $25 per unit for Product A and...
need help please 0 out of 3 points Question 11 Sutton Company produces flash drives for...
need help please
0 out of 3 points Question 11 Sutton Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $6 of variable month. How much does Sutton's operating income increase for each $1,000 increase in revenue per month? Selected Answer: c) $14,000 Answers: ·D costs to make. During April, 700 drives were sold. Fixed costs for April were $4 per unit for a total of $2.800 for the note that the University...
Multiple Choice Question 86 Sheffield Corp. produces flash drives for computers, which it sells for $25...
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
Question 4 2 pts Sales is $90 per unit; direct material is $9 per unit; direct...
Question 4 2 pts Sales is $90 per unit; direct material is $9 per unit; direct labor is $3 per unit, overhead is $6 per unit and $9,000 per month; selling and administrative expenses are $4 per unit and $22,000 per month. The company produced 1,000 units. Total product costs (cost of goods sold) are: $27,000 $90,000 $18,000 $63,000 Question 5 2 pts Sales is $90 per unit; direct material is $30 per unit; direct labor is $12 per unit;...
QUESTION 2 The following are types of costs that react to changes in activity except: A....
QUESTION 2 The following are types of costs that react to changes in activity except: A. Fixed B. Step C. Unexpired D. Mixed QUESTION 3 Which of the following is true about Variable Cost: A. The variable total cost remains constant throughout the relevant range. B. The variable unit cost is varies through the relevant range. C. The variable unit cost varies inversely with changes in the activity the relevant range. D. The variable unit cost is constant through...
At a low activity level of 3,000 direct labor hours, a company's total costs are $18,000....
At a low activity level of 3,000 direct labor hours, a company's total costs are $18,000. At a high activity level of 10,000 direct labor hours, a company's total costs are $32,000. Using the high-low method, determine the per unit variable cost and the total fixed costs. What would be the expected costs if 8,000 direct labor hours are used? $28,000 $24,000 $25,600 O $27,200
An increase in the level of activity will have the following effects on unit costs for both variable and fixed costs: UNIT VARIABLE COSTS-UNIT FIXED COSTS Increase - decrease O Remains constant - remains constant Decrease - remains constant Remains constant - decrease
134. Murphy Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $6 of variable costs to make. During April, 700 drives were sold. Fixed costs for April were $4 per unit for a total of $2,800 for the month. How much does Murphy's operating income increase for each $1,000 increase in revenue per month? a. $700 b. $500 c. $14,000 d. Not enough information to determine the answer.
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...
Question 30 4 pts MacCloud Industries has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available: Standard Division Premium Division Total Sales $400,000 $600,000 $1,000,000 Variable costs 280,000 360,000 Contribution margin $120,000 $240,000 Total fixed costs $300,000 What is the weighted average contribution margin ratio? 50% 35% OOO 36% O 34% Question 32 4 pts Curtis Corporation's contribution margin is $25 per unit for Product A and...
need help please
0 out of 3 points Question 11 Sutton Company produces flash drives for computers, which it sells for $20 each. Each flash drive costs $6 of variable month. How much does Sutton's operating income increase for each $1,000 increase in revenue per month? Selected Answer: c) $14,000 Answers: ·D costs to make. During April, 700 drives were sold. Fixed costs for April were $4 per unit for a total of $2.800 for the note that the University...
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
Question 4 2 pts Sales is $90 per unit; direct material is $9 per unit; direct labor is $3 per unit, overhead is $6 per unit and $9,000 per month; selling and administrative expenses are $4 per unit and $22,000 per month. The company produced 1,000 units. Total product costs (cost of goods sold) are: $27,000 $90,000 $18,000 $63,000 Question 5 2 pts Sales is $90 per unit; direct material is $30 per unit; direct labor is $12 per unit;...
At a low activity level of 3,000 direct labor hours, a company's total costs are $18,000. At a high activity level of 10,000 direct labor hours, a company's total costs are $32,000. Using the high-low method, determine the per unit variable cost and the total fixed costs. What would be the expected costs if 8,000 direct labor hours are used? $28,000 $24,000 $25,600 O $27,200
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