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Assume MIX Inc. has sales volume of $1,252,000 for two products with May sales and contribution...
Assume MIX Inc. has sales volume of $1,234,000 for two products with May sales and contribution...
Assume MIX Inc. has sales volume of $1,234,000 for two products with May sales and contribution margin ratios as follows: Product A: Sales $478,000: Contribution Margin Ratio 30% Product B: Sales $756,000, Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $326,000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume. (Round "Average contribution margin ratio answer to 2 decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar.) Total...
Assume MIX Inc. has a sales volume of $1,144,000 for two products with May sales and...
Assume MIX Inc. has a sales volume of $1,144,000 for two products with May sales and contribution margin ratios as follows: Product A: Sales $448,000; Contribution Margin Ratio 30% Product B: Sales $696,000; Contribution Margin Ratio 60% Required: Assume MIX’s fixed expenses are $316,000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume. (Round "Average contribution margin ratio" answer to 2 decimal places. Round up "Breakeven sales volume" answer to the nearest whole...
please complete the entire question, try and use the same format if possible Assume MIX Inc....
please complete the entire question, try and use the same format if
possible
Assume MIX Inc. has sales volume of $1,342.000 for two products with May sales and contribution margin ratios as follows: Product A: Sales $514,000: Contribution Margin Ratio 30% Product B: Sales $828,000. Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $338,000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume (Round "Average contribution margin ratio' answer to 2...
Smith Company can produce two types of carpet cleaners, Brighter and Cleaner. Data on these two products are as follows...
Smith Company can produce two types of carpet cleaners, Brighter and Cleaner. Data on these two products are as follows: Brighter 400 Cleaner Sales volume in units 600 Unit sales price Unit variable cost $1,000 $1,000 200 700 The number of machine hours to produce one unit of Brighter is 1, while the number of machine hours for each unit of Cleane is 2. Total fixed costs for the manufacture of both products are $295,000. Required: 1. Determine the breakeven...
Check my work Smith Company can produce two types of carpet cleaners, Brighter and Cleaner. Data on these two products...
Check my work Smith Company can produce two types of carpet cleaners, Brighter and Cleaner. Data on these two products are as follows: Brighter 400 Cleaner Sales volume in units 600 0.25 Unit sales price $1,000 $1,000 points Unit variable cost 200 700 Skipped The number of machine hours to produce one unit of Brighter is 1, while the number of machine hours for each unit of Cleaner is 2. Total fixed costs for the manufacture of both products are...
Leather, Inc has two products and it's contribution margin income statement is as follows: Product A...
Leather, Inc has two products and it's contribution margin income statement is as follows: Product A Product B Total Sales $100 $300 $400 Variable Costs $40 $200 $240 Contribution Margin $60 $100 $160 Fixed Costs $200 Net Loss $(40) 1.) Calculate the average contribution margin ratio for Leather, INC. 2.) Calculate the total sales dollar amount needed from both products for Leather, INC to break even.
Una Corporation manufactures two products; data are shown below: Contribution Margin Ratio Relative Sales Mix Product...
Una Corporation manufactures two products; data are shown below: Contribution Margin Ratio Relative Sales Mix Product D 50% 40% Product F 30% 60% If Una's monthly fixed costs average $400,000, what is its break-even point expressed in sales dollars? (Round the answer to the nearest dollar.) Multiple Choice $1,320,462 $1,400,000 $1,250,000 $1,052,632
Stupa Corporation manufactures two products; data are shown below: Contribution Margin Ratio Relative Sales Mix Product...
Stupa Corporation manufactures two products; data are shown below: Contribution Margin Ratio Relative Sales Mix Product D 50% 60% Product F 60% 40% If Stupa's monthly fixed costs average $200,000, what is its break-even point expressed in sales dollars? (Round the answer to the nearest dollar.) Multiple Choice $152,632 $250,000 $370,370 $320,000
Smith Company can produce two types of carpet cleaners, Brighter and Cleaner. Data on these two...
Smith Company can produce two types of carpet cleaners, Brighter and Cleaner. Data on these two products are as follows: Sales volume in units Unit sales price Unit variable cost Brighter 400 $1,000 cleaner 600 $1,000 700 200 The number of machine hours to produce one unit of Brighter is 1, while the number of machine hours for each unit of Cleaner is 2. Total fixed costs for the manufacture of both products are $275,000. Required: 1. Determine the breakeven...
Smith Company can produce two types of carpet cleaners, Brighter and Cleaner. Data on these two...
Smith Company can produce two types of carpet cleaners, Brighter and Cleaner. Data on these two products are as follows: Sales volume in units Unit sales price Unit variable cost Brighter 400 $1,000 200 Cleaner 600 $1,000 700 The number of machine hours to produce one unit of Brighter is 1, while the number of machine hours for each unit of Cleaner is 2. Total fixed costs for the manufacture of both products are $300,000. Required: 1. Determine the breakeven...
Assume MIX Inc. has sales volume of $1,234,000 for two products with May sales and contribution margin ratios as follows: Product A: Sales $478,000: Contribution Margin Ratio 30% Product B: Sales $756,000, Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $326,000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume. (Round "Average contribution margin ratio answer to 2 decimal places. Round up "Breakeven sales volume" answer to nearest whole dollar.) Total...
please complete the entire question, try and use the same format if
possible
Assume MIX Inc. has sales volume of $1,342.000 for two products with May sales and contribution margin ratios as follows: Product A: Sales $514,000: Contribution Margin Ratio 30% Product B: Sales $828,000. Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $338,000. Calculate the May total contribution margin, operating income, average contribution margin ratio, and breakeven sales volume (Round "Average contribution margin ratio' answer to 2...
Smith Company can produce two types of carpet cleaners, Brighter and Cleaner. Data on these two products are as follows: Brighter 400 Cleaner Sales volume in units 600 Unit sales price Unit variable cost $1,000 $1,000 200 700 The number of machine hours to produce one unit of Brighter is 1, while the number of machine hours for each unit of Cleane is 2. Total fixed costs for the manufacture of both products are $295,000. Required: 1. Determine the breakeven...
Check my work Smith Company can produce two types of carpet cleaners, Brighter and Cleaner. Data on these two products are as follows: Brighter 400 Cleaner Sales volume in units 600 0.25 Unit sales price $1,000 $1,000 points Unit variable cost 200 700 Skipped The number of machine hours to produce one unit of Brighter is 1, while the number of machine hours for each unit of Cleaner is 2. Total fixed costs for the manufacture of both products are...
Smith Company can produce two types of carpet cleaners, Brighter and Cleaner. Data on these two products are as follows: Sales volume in units Unit sales price Unit variable cost Brighter 400 $1,000 cleaner 600 $1,000 700 200 The number of machine hours to produce one unit of Brighter is 1, while the number of machine hours for each unit of Cleaner is 2. Total fixed costs for the manufacture of both products are $275,000. Required: 1. Determine the breakeven...
Smith Company can produce two types of carpet cleaners, Brighter and Cleaner. Data on these two products are as follows: Sales volume in units Unit sales price Unit variable cost Brighter 400 $1,000 200 Cleaner 600 $1,000 700 The number of machine hours to produce one unit of Brighter is 1, while the number of machine hours for each unit of Cleaner is 2. Total fixed costs for the manufacture of both products are $300,000. Required: 1. Determine the breakeven...
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