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7. The answer is c.
8. The answer is c.
9. The answer is d.
10. The answer is a.
11. The answer is a.
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c. The per-unit variable costs change d. Per-unit sales prices change 7. The amount of increase...
Accept Business at Special Price Product D is normally sold for $49 per unit. A special...
Accept Business at Special Price Product D is normally sold for $49 per unit. A special price of $33 is offered for the export market. The variable production cost is $26 per unit. An additional export tariff of 13% of revenue must be paid for all export products. Assume that there is sufficient capacity for the special order. Prepare a differential analysis dated March 16, on whether to reject (Alternative 1) or accept (Alternative 2) the special order. If required,...
25 7 8. Royal Products' manufacturing costs per unit are: Variable Costs $50 Fixed Costs A...
25 7 8. Royal Products' manufacturing costs per unit are: Variable Costs $50 Fixed Costs A special order for 2,000 units has been received from a foreign company at a special unit price of $55. The normal unit price is $80. If the order is accepted, unit variable costs will increase by $2 for additional freight costs. What is the incremental profit (loss) if the order is accepted? A) $10,000. B) $(46,000). C) $6,000. D) $(40,000). 11. Opportunity cost must...
(c) Compute the target selling price for R2-D2. (d) Compute variable cost per unit, fixed cost...
(c) Compute the target selling price for R2-D2. (d) Compute variable cost per unit, fixed cost per unit, and total cost per unit assuming that 80,000 R2-D2s are produced sold during the year. T! : Bolivar Farm Supply Company manufactures and sells a fertilizer called Basic II. Prepare budgeted inca The following data are available for preparing budgets for Basic II for the first 2 quarters of statement and suppor 2017. budgets. (LO 1,2,3) 1. Sales: Quarter 1,40,000 bags; quarter...
7. Assuming no change in sales volume, an increase in company's per-unit contribution margin would: A....
7. Assuming no change in sales volume, an increase in company's per-unit contribution margin would: A. increase income. B. decrease income. C. have no effect on income. D. increase fixed costs. E. decrease fixed costs.
7. Assuming no change in sales volume, an increase in company's per-unit contribution margin would: A. increase income. B. decrease income. C. have no effect on income. D. increase fixed costs. E. decrease fixed costs.
Sierra Company produces its product at a total cost of $89 per unit. Of this amount, $14 per unit is selling and administrative costs. The total variable cost is $58 per unit, and the desired profit is $28 per unit. Determine the markup percentage using
Sierra Company produces its product at a total cost of $89 per unit. Of this amount, $14 per unit is selling and administrative costs. The total variable cost is $58 per unit, and the desired profit is $28 per unit.Determine the markup percentage using the (a) total cost, (b) product cost, and (c) variable cost methods. Round your answers to one decimal place.a. Total cost %b. Product cost %c. Variable cost %
1. Goff Corporation sells products for $75 each that have variable costs of $50 per unit....
1. Goff Corporation sells products for $75 each that have variable costs of $50 per unit. Goff's fixed cost is $350,000. Calculate the contribution margin per unit, then use the per unit contribution margin approach to find the break-even point in units and dollars. 2. Phillips Company can sell 15,000 units of its new product at a selling price of $116. The unit cost is $72. The company's target profit is 40% of sales. The Vice President of Marketing has...
Problem 3: Changing Prices Jensen Company has the following situation: Sales Price: $25 per unit Variable...
Problem 3: Changing Prices Jensen Company has the following situation: Sales Price: $25 per unit Variable Cost Per Unit: $15 per unit Fixed Costs: $10,000 Units Sold: 2,500 Jensen is considering lowering the price to $22 per unit which she believes would increase units sold to 2,750. Required • Calculate the net income under the current situation and then again with the changes. Using the original data, what selling price would be needed to have a net income of $20,000?...
Answer these questions below: 1. Given these facts Selling Price $10 Variable Cost per Unit $5...
Answer these questions below: 1. Given these facts Selling Price $10 Variable Cost per Unit $5 Fixed Costs $200,000 Desired Profit $100,000 How many units have to be sold to reach the desired profit of $100,000? A. 20,000 B. 40,000 C. 60,000 D. 80,000 2. Fixed and Variable Cost per unit move or behave in the same way with changes in activity A. True B. False Abd
$170 per unit. The company incurs variable manufacturing costs of $83 per unit. Variable selling expenses...
$170 per unit. The company incurs variable manufacturing costs of $83 per unit. Variable selling expenses are $19 per unit, annual fixed manufacturing costs are $498.000, and fixed selling and administrative costs are $236.400 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by...
Martha Manufacturing produces a single product that sells for $90per unit. Variable costs per unit equal...
Martha Manufacturing produces a single product that sells for $90per unit. Variable costs per unit equal $50. The company currently has total fixed costs of $72,000. Under the current cost and revenue structure Martha Manufacturing expects to sell 4,000 units. To improve short-term performance, management is considering a number of alternative actions. Evaluate each of the situations given below independently. Assume that, other than the information provided under the alternative actions, no other factors will change the revenue or cost...
Accept Business at Special Price Product D is normally sold for $49 per unit. A special price of $33 is offered for the export market. The variable production cost is $26 per unit. An additional export tariff of 13% of revenue must be paid for all export products. Assume that there is sufficient capacity for the special order. Prepare a differential analysis dated March 16, on whether to reject (Alternative 1) or accept (Alternative 2) the special order. If required,...
25 7 8. Royal Products' manufacturing costs per unit are: Variable Costs $50 Fixed Costs A special order for 2,000 units has been received from a foreign company at a special unit price of $55. The normal unit price is $80. If the order is accepted, unit variable costs will increase by $2 for additional freight costs. What is the incremental profit (loss) if the order is accepted? A) $10,000. B) $(46,000). C) $6,000. D) $(40,000). 11. Opportunity cost must...
(c) Compute the target selling price for R2-D2. (d) Compute variable cost per unit, fixed cost per unit, and total cost per unit assuming that 80,000 R2-D2s are produced sold during the year. T! : Bolivar Farm Supply Company manufactures and sells a fertilizer called Basic II. Prepare budgeted inca The following data are available for preparing budgets for Basic II for the first 2 quarters of statement and suppor 2017. budgets. (LO 1,2,3) 1. Sales: Quarter 1,40,000 bags; quarter...
7. Assuming no change in sales volume, an increase in company's per-unit contribution margin would: A. increase income. B. decrease income. C. have no effect on income. D. increase fixed costs. E. decrease fixed costs.
7. Assuming no change in sales volume, an increase in company's per-unit contribution margin would: A. increase income. B. decrease income. C. have no effect on income. D. increase fixed costs. E. decrease fixed costs.
1. Goff Corporation sells products for $75 each that have variable costs of $50 per unit. Goff's fixed cost is $350,000. Calculate the contribution margin per unit, then use the per unit contribution margin approach to find the break-even point in units and dollars. 2. Phillips Company can sell 15,000 units of its new product at a selling price of $116. The unit cost is $72. The company's target profit is 40% of sales. The Vice President of Marketing has...
Problem 3: Changing Prices Jensen Company has the following situation: Sales Price: $25 per unit Variable Cost Per Unit: $15 per unit Fixed Costs: $10,000 Units Sold: 2,500 Jensen is considering lowering the price to $22 per unit which she believes would increase units sold to 2,750. Required • Calculate the net income under the current situation and then again with the changes. Using the original data, what selling price would be needed to have a net income of $20,000?...
Answer these questions below: 1. Given these facts Selling Price $10 Variable Cost per Unit $5 Fixed Costs $200,000 Desired Profit $100,000 How many units have to be sold to reach the desired profit of $100,000? A. 20,000 B. 40,000 C. 60,000 D. 80,000 2. Fixed and Variable Cost per unit move or behave in the same way with changes in activity A. True B. False Abd
$170 per unit. The company incurs variable manufacturing costs of $83 per unit. Variable selling expenses are $19 per unit, annual fixed manufacturing costs are $498.000, and fixed selling and administrative costs are $236.400 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by...
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