Homework Answers
Answer
C. 26,906
Calculations:
| Particulars | Yin | Yan |
| Contribution | $ 2.71 | $8.31 |
| Sales mix | 3.45 | 1.00 |
| Weighted average contribution | 3.97 | |
| Fixed cost | $147,962 | |
| Break-even point (total) seats | 37,285 | |
| Break even point (individually) | 28,906 | 8,379 |
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Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units: Begin by showing the formula for contribution margin per unit and then enter the amounts to calculate the contribution margin per unit for each situation. (Abbreviation used: CM = contribution margin.) CM per unit Situation a. II Situation b. Situation c. Situation d. Now select the labels to show the formula for breakeven point in units and then enter...
Please find the following: Contribution margin per unit Contribution margin ratio Fixed Cost Fixed Cost per...
Please find the following:
Contribution margin per unit
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Assume MIX Inc. has sales volume of $1,252,000 for two products with May sales and contribution...
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Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakeven point in units: Begin by showing the formula for contribution margin per unit and then enter the amounts to calculate the contribution margin per unit for each situation. (Abbreviation used: CM = contribution margin.) CM per unit Situation a. II Situation b. Situation c. Situation d. Now select the labels to show the formula for breakeven point in units and then enter...
Please find the following:
Contribution margin per unit
Contribution margin ratio
Fixed Cost
Fixed Cost per year
Breakecen Sales
Cullumber Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $100 throughout the country to loyal alumni of over 3,300 schools. Cullumber's variable costs are 40% of sales, fixed costs are $116,000 per month. (a1) * Your answer is incorrect. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38...
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 sales volume of $1,252,000 for two products with May sales and contribution margin ratios as follows: Product A: Sales $484,000; Contribution Margin Ratio 30% Product B: Sales $768,000; Contribution Margin Ratio 60% Required: Assume MIX's fixed expenses are $328,000. 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...
Requirements 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin? 2. What would the company's monthly operating income be if the company sold 150,000 units? 3. What would the company's monthly operating income be if the company had sales of $4,500,000? 4. What is the breakeven point in units? In sales dollars? 5. How many units would the company have to sell to earn a target monthly profit of $260,400? 6. Management is currently...
Rooney Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Sales price Variable cost per unit Contribution margin per unit Super $ 92 (68) $ 24 Supreme $ 122 (81) $ 41 Rooney expects to incur annual fixed costs of $172,480. The relative sales mix of the products is 60 percent for Super and 40 percent for Supreme. Required a. Determine the total number of products (units of Super and Supreme combined) Rooney must sell to...
Finch Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Sales price Variable cost per unit Contribution margin per unit Super Supreme $ 96 $139 (61) (77) $ 35 $ 62 Finch expects to incur annual fixed costs of $215,500. The relative sales mix of the products is 70 percent for Super and 30 percent for Supreme. Required a. Determine the total number of products (units of Super and Supreme combined) Finch must sell to break...
Stuart Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Sales price Variable cost per unit Contribution margin per unit Super $ 99 (69) $ 30 Supreme $126 (85) $ 41 3.25 Stuart expects to incur annual fixed costs of $144,480. The relative sales mix of the products is 60 percent for Super and 40 percent for Supreme. Required a. Determine the total number of products (units of Super and Supreme combined) Stuart must sell to...
Gibson Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Sales price Variable cost per unit Contribution margin per unit Super $ 99 (66) $ 33 Supreme $131 (91) $ 40 Gibson expects to incur annual fixed costs of $139,620. The relative sales mix of the products is 60 percent for Super and 40 percent for Supreme Required a. Determine the total number of products (units of Super and Supreme combined) Gibson must sell to break...
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