Homework Answers
Answer
Y = 30830 + 7 * Sales units
Explanation:
| Variable cost per hour = Change in costs / change in hours |
| Variable cost per unit = ($ 67,230 - $ 62,330) / (5,200 - 4,500) |
| Variable cost per unit = $ 4,900/700 |
| Variable cost per unit = $ 7 |
| Fixed Cost = Total Cost - Variable Cost |
| Fixed Cost = Total Cost - (Variable Cost per hour * hours) |
| Fixed Cost = $ 67,230 - ($7 * 5,200) |
| Fixed Cost = $ 30,830 |
In case of any doubt, please comment.
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Schuman Corporation produces microwave units. The following
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direct labour $25; variable manufacturing overhead $17; fixed
manufacturing overhead $41; variable selling and administrative
expenses $12; and fixed selling and administrative expenses $29.
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using variable-cost pricing. (Round answer to 2 decimal
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Markup percentage
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The following data are for the current year: Sales $700,000 Direct materials 250,000 Direct labor cost 90,000 Variable manufacturing overhead 30,000 Fixed direct manufacturing overhead 38,000 Variable selling and admin expenses 40,000 Fixed indirect selling and admin expenses 130,000 All variable costs are direct costs. Prepare an income statement showing contribution margin, contribution to indirect expenses and net income.
please help thank you!
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Schuman Corporation produces microwave units. The following
per-unit cost information is available: direct materials $37;
direct labour $25; variable manufacturing overhead $17; fixed
manufacturing overhead $41; variable selling and administrative
expenses $12; and fixed selling and administrative expenses $29.
Its desired ROI per unit is $31.92. Calculate the markup percentage
using variable-cost pricing. (Round answer to 2 decimal
places, e.g. 15.25%.)
Markup percentage
%
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The following budgeted cost data for 2020 are available...
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