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Stacey has a sales volume of 7,000 units. Stacey's company total fixed costs are $42,000 and...
1) Key Company has a targeted sales volume of $62,300 units. Total fixed costs are $31,200....
1) Key Company has a targeted sales volume of $62,300 units. Total fixed costs are $31,200. The contribution margin per unit is $1.20. What is targeted net income? A.) $31,200 B.) $43,560 C.) $37,440 D.) $74,760 2) ________ is the relative proportions or combinations of quantities of different products that comprise total sales. A) Sales mix B) Constant mix C) Fluctuating mix D) Variable cost ratio 3) The Todd Dolhun Company has the following information available: Targeted after-tax net income...
QUESTION 1 At current production volume of 10 units, Gamma Company has total variable costs of...
QUESTION 1 At current production volume of 10 units, Gamma Company has total variable costs of $300 and total fixed costs of $280. If production is expected to drop to 8 units in the next period, what is the total cost projected for the next period? A 5520 B. $240 C.5580 D. $464 QUESTION 2 Alpha Company has a selling price of $30, unit variable cost of $10, and sales volume of 300 units. Fixed costs total $1,000. Alpha believes...
Newman Company currently produces and sells 7,000 units of a product that has a contribution margin...
Newman Company currently produces and sells 7,000 units of a product that has a contribution margin of $9 per unit. The company sells the product for a sales price of $23 per unit. Fixed costs are $20,000. The company is considering investing in new technology that would decrease the variable cost per unit to $11 per unit and double total fixed costs. The company expects the new technology to increase production and sales to 12,000 units of product. What sales...
Tempo Company's fixed budget (based on sales of 7,000 units) for the first quarter reveals the...
Tempo Company's fixed budget (based on sales of 7,000 units) for the first quarter reveals the following. Fixed Budget $2,800,000 $280,000 490,000 175,000 65,000 1,010,000 1,790,000 Sales (7,000 units X $ 400 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent Income from operations 140,000 154,000 125,000 419,000 85,000 35,000 20,000 36,000 176,000 $1,195,000 (1) Compute the...
uestIO At current sales volume of 100 units, fixed costs (FC) are $5 per unit and...
uestIO At current sales volume of 100 units, fixed costs (FC) are $5 per unit and variable costs (VC) are $10 per unit a) Compute total fixed costs at current sales volume. total FC- b) Suppose that sales volume increases to 125 units. At this new volume, total FC FC per unit - VC per unit total VC- c) Write down the total cost equation: TC- (e.g., if TC 500+2*volume, enter 500 in the first box and 2 in the...
If selling price per unit is $45, variable costs per unit are $30, total fixed costs...
If selling price per unit is $45, variable costs per unit are $30, total fixed costs are $21,000, the tax rate is 30%, and the company sells 6,000 units, net income is O A $69,000 OB. $63,000 OC. $9,000 OD. 548,300
Mission Company has three product lines: D, E, and F. The following information is available: Sales...
Mission Company has three product lines: D, E, and F. The following information is available: Sales revenue $85.000 $44,000 $20,000 Variable expenses $45,000 $21,000 $12,000 $40,000 $23,000 $8,000 $15.000 $12,000 $17,000 Fixed expenses $28,000 Operating income (105) $8,000 $(9.000) Mission Company is thinking of discontinuing product line F because it is reporting an operating loss. All fixed costs are unavoidable. Assume Mission Company is able to increase the sales revenue of product F to $35,000 with no change in volume...
A company's flexible budget for 16,000 units of production showed sales, $48,000; variable costs, $24,000; and fixed co...
A company's flexible budget for 16,000 units of production showed sales, $48,000; variable costs, $24,000; and fixed costs, $17,000. The operating income expected if the company produces and sells 17,000 units is: Multiple Choice o $ 7,000. o $44,000. o $5,000. o $8,500. o $22,000.
the n.swrauestions Ata sales volume of 40.000 t, Lonnie Companys total fixed costs ore 40,000 ad...
the n.swrauestions Ata sales volume of 40.000 t, Lonnie Companys total fixed costs ore 40,000 ad variable custs are 50.000 The relevant range is 30,000 o 50,000 t Lonne were to sell 42,.000units, thec ttal pcted cost would be A) $105,000 )5100.000 CI 5103.000 )$102.000 2 If Lonnie were to sell 50,000 units, the total cxpected cost per unit would be )$2.20 B) 52.30 C) 52.50 )52.00 3. An analysis of a particular mixed cost indicates it will be an...
Question 3: Computations for fixed and variable costs At current sales volume of 100 units, fixed...
Question 3: Computations for fixed and variable costs At current sales volume of 100 units, fixed costs (FC) are $4 per unit and variable costs (VC) are $8 per unit. a) Compute total fixed costs at current sales volume. total FC400 b) Suppose that sales volume increases to 125 units. At this new volume, total FC FC per uni VC per unit = total VC Enter a number c) Write down the total cost equation: * volume (e.g., if TC...
QUESTION 1 At current production volume of 10 units, Gamma Company has total variable costs of $300 and total fixed costs of $280. If production is expected to drop to 8 units in the next period, what is the total cost projected for the next period? A 5520 B. $240 C.5580 D. $464 QUESTION 2 Alpha Company has a selling price of $30, unit variable cost of $10, and sales volume of 300 units. Fixed costs total $1,000. Alpha believes...
Newman Company currently produces and sells 7,000 units of a product that has a contribution margin of $9 per unit. The company sells the product for a sales price of $23 per unit. Fixed costs are $20,000. The company is considering investing in new technology that would decrease the variable cost per unit to $11 per unit and double total fixed costs. The company expects the new technology to increase production and sales to 12,000 units of product. What sales...
Tempo Company's fixed budget (based on sales of 7,000 units) for the first quarter reveals the following. Fixed Budget $2,800,000 $280,000 490,000 175,000 65,000 1,010,000 1,790,000 Sales (7,000 units X $ 400 per unit) Cost of goods sold Direct materials Direct labor Production supplies Plant manager salary Gross profit Selling expenses Sales commissions Packaging Advertising Administrative expenses Administrative salaries Depreciation-office equip. Insurance Office rent Income from operations 140,000 154,000 125,000 419,000 85,000 35,000 20,000 36,000 176,000 $1,195,000 (1) Compute the...
uestIO At current sales volume of 100 units, fixed costs (FC) are $5 per unit and variable costs (VC) are $10 per unit a) Compute total fixed costs at current sales volume. total FC- b) Suppose that sales volume increases to 125 units. At this new volume, total FC FC per unit - VC per unit total VC- c) Write down the total cost equation: TC- (e.g., if TC 500+2*volume, enter 500 in the first box and 2 in the...
If selling price per unit is $45, variable costs per unit are $30, total fixed costs are $21,000, the tax rate is 30%, and the company sells 6,000 units, net income is O A $69,000 OB. $63,000 OC. $9,000 OD. 548,300
Mission Company has three product lines: D, E, and F. The following information is available: Sales revenue $85.000 $44,000 $20,000 Variable expenses $45,000 $21,000 $12,000 $40,000 $23,000 $8,000 $15.000 $12,000 $17,000 Fixed expenses $28,000 Operating income (105) $8,000 $(9.000) Mission Company is thinking of discontinuing product line F because it is reporting an operating loss. All fixed costs are unavoidable. Assume Mission Company is able to increase the sales revenue of product F to $35,000 with no change in volume...
A company's flexible budget for 16,000 units of production showed sales, $48,000; variable costs, $24,000; and fixed costs, $17,000. The operating income expected if the company produces and sells 17,000 units is: Multiple Choice o $ 7,000. o $44,000. o $5,000. o $8,500. o $22,000.
the n.swrauestions Ata sales volume of 40.000 t, Lonnie Companys total fixed costs ore 40,000 ad variable custs are 50.000 The relevant range is 30,000 o 50,000 t Lonne were to sell 42,.000units, thec ttal pcted cost would be A) $105,000 )5100.000 CI 5103.000 )$102.000 2 If Lonnie were to sell 50,000 units, the total cxpected cost per unit would be )$2.20 B) 52.30 C) 52.50 )52.00 3. An analysis of a particular mixed cost indicates it will be an...
Question 3: Computations for fixed and variable costs At current sales volume of 100 units, fixed costs (FC) are $4 per unit and variable costs (VC) are $8 per unit. a) Compute total fixed costs at current sales volume. total FC400 b) Suppose that sales volume increases to 125 units. At this new volume, total FC FC per uni VC per unit = total VC Enter a number c) Write down the total cost equation: * volume (e.g., if TC...
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