Homework Answers
Add Answer to:
EE 5-6 0.190 PE 5-6B Contribution margin analysis OSS The actual variable cost of goods sold...
12.cengagenow.com GeoGebra Classic [Math 144 Section Home CangeNOWO The beginning inventory Contribution Margin Analysis The actual...
12.cengagenow.com GeoGebra Classic [Math 144 Section Home CangeNOWO The beginning inventory Contribution Margin Analysis The actual variable cost of goods sold for a product was $48 per unit, per unit, while the planned variable cost of goods sold was $56 per unit. The volume decreased by 2,500 units to 31,200 actual total units. Enter all amounts as positive numbers. . Determine variable cost quantity factor b. Determine the unit price factor for variable cost of goods sold.
Select Audio Inc. Contribution Margin Analysis Sales For the Year Ended December 31 Effect of change...
Select Audio Inc. Contribution Margin Analysis Sales For the Year Ended December 31 Effect of change in sales: Sales quantity factor Unit price factor Total effect of change in sales Difference in sales quantity x Planned sales price Sales quantity factor Difference in sales price x Actual units sold Sales quantity factor ♡ EX 20-17 Contribution margin analysis-sales Prinz A A EXCEL TEMPLATE Obj. 5 Select Audio Inc. sells electronic equipment. Management decided early in the year to reduce the...
Contribution Margin Analysis—Sales The following data for Romero Products Inc. are available: For the Year Ended...
Contribution Margin Analysis—Sales The following data for Romero Products Inc. are available: For the Year Ended December 31 Actual Planned Difference—Increase or (Decrease) Sales $2,294,000 $2,102,400 $191,600 Variable costs: Variable cost of goods sold $1,213,600 $1,108,800 $104,800 Variable selling and administrative expenses 236,800 230,400 6,400 Total variable costs $1,450,400 $1,339,200 $111,200 Contribution margin $843,600 $763,200 $80,400 Number of units sold 14,800 14,400 Per unit: Sales price $155 $146 Variable cost of goods sold 82 77 Variable selling and administrative expenses...
1. Soles quantity factor 512.200,000) PR 20-6A Contribution margin analysis Obj. 5 Farr Industries Inc, manufactures...
1. Soles quantity factor 512.200,000) PR 20-6A Contribution margin analysis Obj. 5 Farr Industries Inc, manufactures only one product. For the year ended December 31. the contribution margin increased by $560,000 from the planned level of $5,200,000. The presi- dent of Farr Industries Inc. has expressed concern about such a small increase in contribution margin and has requested a follow-up report. ERCE TEMPLATE Chapter 20 Variodu The following data have been gathered from the accounting records for the year ended...
If variable cost of goods sold totaled $84,800 for the year (16,960 units at $5 each)...
If variable cost of goods sold totaled $84,800 for the year (16,960 units at $5 each) and the planned variable cost of goods sold totaled $115,520 (14,440 units at $8 each), the effect of the unit cost factor on the change in contribution margin is: a. $12,600 decrease b. $50,880 decrease c. $12,600 increase d. $50,880 increase
If variable cost of goods sold totaled $65,244 for the year (16,311 units at $4 each)...
If variable cost of goods sold totaled $65,244 for the year (16,311 units at $4 each) and the planned variable cost of goods sold totaled $92,764 (13,252 units at $7 each), the effect of the quantity factor on the change in contribution margin is: a.$12,236 increase b.$21,413 decrease c.$12,236 decrease d.$21,413 increase
Contribution margin analysis-sales Instructions Labels and Amount Descriptions Instructions Difference For the Year Ended December 31...
Contribution margin analysis-sales Instructions Labels and Amount Descriptions Instructions Difference For the Year Ended December 31 1 Actual Planned Increase or (Decrease) 2 Sales $9,120,000.00 $9.020,000.00 $100,000.00 3 Variable costs Variable cost of goods sold 4 $3,363,000.00 $3,157,000.00 $206,000.00 Variable selling and administrative expenses 5 703,000.00 861,000.00 (158,000.00) Total variable costs $4,066,000.00 $4,018,000.00 $48,000.00 7 Contribution margin $5,054,000.00 $5,002,000.00 $52,000.00 Number of units sold 38,000.00 41,000.00 9Per unit: Sales price 10 $240,00 $220.00 Variable cost of goods sold 11 88.50...
The following data for Romero Products Inc. are available: For the Year Ended December 31 Actual...
The following data for Romero Products Inc. are available: For the Year Ended December 31 Actual Planned Difference—Increase or (Decrease) Sales $1,627,400 $1,468,800 $158,600 Variable costs: Variable cost of goods sold $869,000 $780,300 $88,700 Variable selling and administrative expenses 173,800 168,300 5,500 Total variable costs $1,042,800 $948,600 $94,200 Contribution margin $584,600 $520,200 $64,400 Number of units sold 15,800 15,300 Per unit: Sales price $103 $96 Variable cost of goods sold 55 51 Variable selling and administrative expenses 11 11 Prepare...
The following data for Romero Products Inc. are available: For the Year Ended December 31 Actual...
The following data for Romero Products Inc. are available: For the Year Ended December 31 Actual Planned Difference—Increase or (Decrease) Sales $1,627,400 $1,468,800 $158,600 Variable costs: Variable cost of goods sold $869,000 $780,300 $88,700 Variable selling and administrative expenses 173,800 168,300 5,500 Total variable costs $1,042,800 $948,600 $94,200 Contribution margin $584,600 $520,200 $64,400 Number of units sold 15,800 15,300 Per unit: Sales price $103 $96 Variable cost of goods sold 55 51 Variable selling and administrative expenses 11 11 Prepare...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has foed cost of $350,600. The variable cost per unit is $0.40. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $115 and has fixed cost of $459,500. Next year, Sooner expects to sell...
12.cengagenow.com GeoGebra Classic [Math 144 Section Home CangeNOWO The beginning inventory Contribution Margin Analysis The actual variable cost of goods sold for a product was $48 per unit, per unit, while the planned variable cost of goods sold was $56 per unit. The volume decreased by 2,500 units to 31,200 actual total units. Enter all amounts as positive numbers. . Determine variable cost quantity factor b. Determine the unit price factor for variable cost of goods sold.
Select Audio Inc. Contribution Margin Analysis Sales For the Year Ended December 31 Effect of change in sales: Sales quantity factor Unit price factor Total effect of change in sales Difference in sales quantity x Planned sales price Sales quantity factor Difference in sales price x Actual units sold Sales quantity factor ♡ EX 20-17 Contribution margin analysis-sales Prinz A A EXCEL TEMPLATE Obj. 5 Select Audio Inc. sells electronic equipment. Management decided early in the year to reduce the...
1. Soles quantity factor 512.200,000) PR 20-6A Contribution margin analysis Obj. 5 Farr Industries Inc, manufactures only one product. For the year ended December 31. the contribution margin increased by $560,000 from the planned level of $5,200,000. The presi- dent of Farr Industries Inc. has expressed concern about such a small increase in contribution margin and has requested a follow-up report. ERCE TEMPLATE Chapter 20 Variodu The following data have been gathered from the accounting records for the year ended...
Contribution margin analysis-sales Instructions Labels and Amount Descriptions Instructions Difference For the Year Ended December 31 1 Actual Planned Increase or (Decrease) 2 Sales $9,120,000.00 $9.020,000.00 $100,000.00 3 Variable costs Variable cost of goods sold 4 $3,363,000.00 $3,157,000.00 $206,000.00 Variable selling and administrative expenses 5 703,000.00 861,000.00 (158,000.00) Total variable costs $4,066,000.00 $4,018,000.00 $48,000.00 7 Contribution margin $5,054,000.00 $5,002,000.00 $52,000.00 Number of units sold 38,000.00 41,000.00 9Per unit: Sales price 10 $240,00 $220.00 Variable cost of goods sold 11 88.50...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has foed cost of $350,600. The variable cost per unit is $0.40. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $115 and has fixed cost of $459,500. Next year, Sooner expects to sell...
Most questions answered within 3 hours.
-
Rice Products in Bangladesh
Business behavior is derived in large part from the basic cultural
environment...
asked 5 minutes ago -
The following base sequence is found for a mRNA fragment from
wild-type E. coli: 5'- UAUCAGUAGAUAAUGUAACC-3'...
asked 28 minutes ago -
For this exercise, round all regression parameters to three
decimal places.
One of the two tables...
asked 46 minutes ago -
What is the 5% level of significance for mean = 3.60, standard
deviation = 0.94, and...
asked 50 minutes ago -
Prior to beginning work on this discussion, please read the
article by Hayley Peterson, 15 Companies...
asked 1 hour ago -
Which pair of aqueous solutions, when mixed, will form a
precipitate?
A) NaNO3 and AgC2H3O2
B)...
asked 1 hour ago -
1-Write an algorithm to get two numbers from the user (as
inputs) and calculate the sum...
asked 4 hours ago -
Define white-collar crime. What is the difference between
offender and offense-based definitions of white-collar crime? What...
asked 5 hours ago -
Consider a reaction which is 1st order with respect to A and 1st
order with respect...
asked 5 hours ago -
c++
The length of the hypotenuse of a right-angled triangle is the
square root of the...
asked 5 hours ago -
When a metal rod is heated, not only its resistance but also its
length and cross‐sectional...
asked 5 hours ago -
write a c++ program that computes the L^1 - Norm of a given
vector (L^1 norm...
asked 6 hours ago