Homework Answers
|
1. Sales needed = (Fixed costs + target profit) /Contribution margin per unit = (120,000+280,000)/(60-50) = 400,000/10 = 40,000 Option A is the answer |
|
Please post other questions seperately.
Add Answer to:
Sheffield Corp. sells MP3 players for $60 each. Variable costs are $50 per unit, and fixed...
Crane Company manufactures widgets. Bowden Company has approached Crane with a proposal to sell the company...
Crane Company manufactures widgets. Bowden Company has approached Crane with a proposal to sell the company widgets at a price of $65600 for 100000 units. Crane is currently making these components in its own factory. The following costs are associated with this part of the process when 100000 units are produced: $ 24800 23200 Direct material Direct labor Manufacturing overhead Total 32000 $80000 The manufacturing overhead consists of $12800 of costs that will be eliminated if the components are no...
Sheffield Corp. has four product lines: sour cream, ice cream, yogurt, and butter. The total cost...
Sheffield Corp. has four product lines: sour cream, ice cream, yogurt, and butter. The total cost of producing the milk base for the products is $42000, which has been allocated based on the gallons of milk base used by each product. Results for July follow: Sour Cream Ice Cream Yogurt Butter Total Units sold 2000 500 400 2000 4900 Revenue $9350 $18700 $9350 $18700 $56100 Variable departmental costs 5250 11500 3750 4250 24750 Fixed costs 5000 2000 3000 7000 17000...
Multiple Choice Question 120 Sunland Company has four product lines: sour cream, ice cream, yogurt, and butter The...
Multiple Choice Question 120 Sunland Company has four product lines: sour cream, ice cream, yogurt, and butter The total cost of producing the milk base for the products is $52000, which has been allocated based on the gallons of milk base used by each product. Results for July follow: Sour Cream Ice Cream Yogurt Butter Total Units sold 2000 500 2000 400 4900 Revenue $11050 $22100 $11050 $22100 $66300 Variable departmental 7350 16100 5250 5950 34650 costs Fixed costs 5000...
Multiple Choice Question 116 Coronado Industries sells MP3 players for $50 each. Variable costs are $30...
Multiple Choice Question 116 Coronado Industries sells MP3 players for $50 each. Variable costs are $30 per unr, and fixed costs total $120000. How many MP3 players must Coronado sell to earn net income of $300000? 21000 10000 7000 6000
Question 20 4 pts Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40...
Question 20 4 pts Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40 per unit, and fixed costs total $120,000. How many MP3 players must Cunningham sell to earn net income of $280,000? 20,000 5,000. 6,000. 7,000. Question 23 4 pts Mercantile Corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of $900,000. Mercantile's degree of operating leverage is 1.33 4.00 1.50 1.67. Question 28 4 pts Swanson Company has two divisions; Sporting Goods...
Crane Company manufactures widgets. Bowden Company has approached Crane with a proposal to sell the company widgets at a price of $65600 for 100000 units. Crane is currently making these components in its own factory. The following costs are associated with this part of the process when 100000 units are produced: $ 24800 23200 Direct material Direct labor Manufacturing overhead Total 32000 $80000 The manufacturing overhead consists of $12800 of costs that will be eliminated if the components are no...
Multiple Choice Question 120 Sunland Company has four product lines: sour cream, ice cream, yogurt, and butter The total cost of producing the milk base for the products is $52000, which has been allocated based on the gallons of milk base used by each product. Results for July follow: Sour Cream Ice Cream Yogurt Butter Total Units sold 2000 500 2000 400 4900 Revenue $11050 $22100 $11050 $22100 $66300 Variable departmental 7350 16100 5250 5950 34650 costs Fixed costs 5000...
Multiple Choice Question 116 Coronado Industries sells MP3 players for $50 each. Variable costs are $30 per unr, and fixed costs total $120000. How many MP3 players must Coronado sell to earn net income of $300000? 21000 10000 7000 6000
Question 20 4 pts Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40 per unit, and fixed costs total $120,000. How many MP3 players must Cunningham sell to earn net income of $280,000? 20,000 5,000. 6,000. 7,000. Question 23 4 pts Mercantile Corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of $900,000. Mercantile's degree of operating leverage is 1.33 4.00 1.50 1.67. Question 28 4 pts Swanson Company has two divisions; Sporting Goods...
Most questions answered within 3 hours.
-
The extent to which assets are financed by borrowed funds and
other liabilities is indicated by:...
asked 49 minutes ago -
Explain in detail
Germany is the fifth largest economy
explain what goods and services Germany specializes...
asked 1 hour ago -
The density of platinum is 21.45 g/mL. If a cube of platinum
with a mass of...
asked 1 hour ago -
Accounts Receivable
Sales
A/R Posting
Extended Sales Invoice
Packing Slip
Compare invoice to packing slip 2...
asked 1 hour ago -
Michaella, age 23, is a full-time law student and is claimed by
her parents as a...
asked 1 hour ago -
Why are polymers not typically casted into products?
asked 1 hour ago -
When rolling a die 129 times, what is the probability of rolling
a 6 no more...
asked 1 hour ago -
4. A call option currently sells for $7.75. It has a strike
price of $85 and...
asked 1 hour ago -
1.
You need to prepare 10.0 liters of an acid aqueous solution with a
pH of...
asked 1 hour ago -
Along an aggregate supply curve, if the level of output is less
than the natural level...
asked 1 hour ago -
By 2025, annual consumption in emerging markets will total $30
trillion and contribute more than ________...
asked 1 hour ago -
At what point does reformation cease to be a viable option for
those who are oppressed...
asked 1 hour ago