Homework Answers
1. Contribution margin per Beds = 720-425 = $295 peer unit and per hour
Option B. is correct answer.
2. Breakeven point = Fixed costs / (sales - variable costs)
= 9600 / (20-4)
= 600 units
Option B. is correct answer.
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Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Sales price...
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Sales price Var...
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Sales price Variable costs Couches $520 $390 Beds $740 405 The company can manufacture either 3 couches per machine hour or 1 bed(s) per machine hour. The company's production capacity is 12,500 machine hours per month What is the contribution margin per machine hour for beds? O A $1,005 OB. $1,340 OC. $335 OD. $1,145
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Beds Couches...
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Beds Couches $540 $350 Sales price Variable costs $730 $375 The company can manufacture either 3 couches per machine hour or 2 bed(s) per machine hour. The company's production capacity is 1,500 machine hours per month. What is the contribution margin per machine hour for beds? O A. $1,065 OB. $1,775 OC. $1,105 OD. $710
#23 Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Couches...
#23
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Couches Beds Sales price $550.00 $750.00 Variable costs $350.00 $395.00 The company can manufacture either 3 couches per machine hour or 2 bed(s) per machine hour. The company's production capacity is 5,200 machine hours per month To maximize profits, what product and how many units should the company produce in a month? O A. 15,600 couches OB. 10,400 couches and 15,600 beds O C. 10,400...
Lie Around Fumiture manufactures two products: Couches and Beds. The following data are available Couches $540.00...
Lie Around Fumiture manufactures two products: Couches and Beds. The following data are available Couches $540.00 Beds $740.00 $385.00 Sales price $350.00 Variable costs The company can manufacture either two couches per machine hour or one bed per machine hour. The company's production capacity is 5,600 machine hours per month. What is the contribution margin ratio for Couches? OA. 54.29 % O B. 16.48% O C. 35.19% D. 47.97 %
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Couches Beds...
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Couches Beds Sales price $ 550$550 $ 740$740 Variable costs $ 360$360 $ 415$415 The company can manufacture 33 couches per machine hour and 11 beds per machine hour. The company's production capacity is 1 comma 3001,300 machine hours per month. What is the contribution margin per machine hour for beds? A. $ 1 comma 300$1,300 B. $ 1 comma 155$1,155 C. $ 975$975 D. $...
Lle Around Furniture manufactures two products: Couches and Beds. The following data are available: Sales price...
Lle Around Furniture manufactures two products: Couches and Beds. The following data are available: Sales price Variable costs Couches $500.00 $380.00 Beds $720.00 $385.00 The company can manufacture either two couches per machine hour or one bed per machine hour. The company's production capacity is 7.400 machine hours per month What is the contribution margin ratio for Couches? O A. 31.58% O B. 24% OC. 17.6% OD. 46.53%
Lie Around Furniture manufactures two products: Futons and Recliners. The following data are available: Futons Recliners...
Lie Around Furniture manufactures two products: Futons and Recliners. The following data are available: Futons Recliners Sales price $500 $750 Variable costs $390 $415 The company can manufacture either 3 futons per machine hour or 1 recliner(s) per machine hour. The company's production capacity is 3,000 machine hours per month What is the contribution margin ratio for futons? O A 113.64% O B. 17.8% OC. 28.21% OD. 22%
The Muffin House produces and sells a variety of muffins. The selling price per dozen is...
The Muffin House produces and sells a variety of muffins. The selling price per dozen is $12, variable costs are $11 per dozen, and total fixed costs are $900. What are breakeven sales in dollars? O A. $10,800 O B. $900 O C. $9,900 O D. $480 McCoy Company wants to have an ending inventory of 9,000 units. McCoy Company has beginning inventory of 10,000 units and expects to sell 27,000 units. How many units should McCoy Company produce? O...
PS poa Lie Around Fumiture manufactures two products Futons and Reciners. The following data are avalable Fudons...
PS poa Lie Around Fumiture manufactures two products Futons and Reciners. The following data are avalable Fudons Reciners Sales price Variable costs $500.00 $390 00 $710.00 $385 00 The company can manufachure either 3 utons per machine hour or 2 recinerfs) per machine hour. The company's production capacity is 3.900 machine OA 7,800 futons and 6 recliners O B 7800 recliners OC 11.700 futons OD. 11.700 futons and 7.800 reciners Click to select your ansawer Previous Next 8 0 B....
Buzz Appliances manufactures two products: Food Processors and Espresso Makers. The following data are available: Sales...
Buzz Appliances manufactures two products: Food Processors and Espresso Makers. The following data are available: Sales price Variable costs Food Processors Espresso Makers $165.00 $235.00 $80.00 $200.00 The company can manufacture either two food processors per machine hour or three espresso machines per machine hour. The company's production capacity is 1,200 machine hours per month. What is the contribution margin ratio for food processors? O A. 51.52% OB. 5.15% O C. 14.89% OD. 30% Companies that are considered price-takers usually...
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Sales price Variable costs Couches $520 $390 Beds $740 405 The company can manufacture either 3 couches per machine hour or 1 bed(s) per machine hour. The company's production capacity is 12,500 machine hours per month What is the contribution margin per machine hour for beds? O A $1,005 OB. $1,340 OC. $335 OD. $1,145
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Beds Couches $540 $350 Sales price Variable costs $730 $375 The company can manufacture either 3 couches per machine hour or 2 bed(s) per machine hour. The company's production capacity is 1,500 machine hours per month. What is the contribution margin per machine hour for beds? O A. $1,065 OB. $1,775 OC. $1,105 OD. $710
#23
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Couches Beds Sales price $550.00 $750.00 Variable costs $350.00 $395.00 The company can manufacture either 3 couches per machine hour or 2 bed(s) per machine hour. The company's production capacity is 5,200 machine hours per month To maximize profits, what product and how many units should the company produce in a month? O A. 15,600 couches OB. 10,400 couches and 15,600 beds O C. 10,400...
Lie Around Fumiture manufactures two products: Couches and Beds. The following data are available Couches $540.00 Beds $740.00 $385.00 Sales price $350.00 Variable costs The company can manufacture either two couches per machine hour or one bed per machine hour. The company's production capacity is 5,600 machine hours per month. What is the contribution margin ratio for Couches? OA. 54.29 % O B. 16.48% O C. 35.19% D. 47.97 %
Lle Around Furniture manufactures two products: Couches and Beds. The following data are available: Sales price Variable costs Couches $500.00 $380.00 Beds $720.00 $385.00 The company can manufacture either two couches per machine hour or one bed per machine hour. The company's production capacity is 7.400 machine hours per month What is the contribution margin ratio for Couches? O A. 31.58% O B. 24% OC. 17.6% OD. 46.53%
Lie Around Furniture manufactures two products: Futons and Recliners. The following data are available: Futons Recliners Sales price $500 $750 Variable costs $390 $415 The company can manufacture either 3 futons per machine hour or 1 recliner(s) per machine hour. The company's production capacity is 3,000 machine hours per month What is the contribution margin ratio for futons? O A 113.64% O B. 17.8% OC. 28.21% OD. 22%
The Muffin House produces and sells a variety of muffins. The selling price per dozen is $12, variable costs are $11 per dozen, and total fixed costs are $900. What are breakeven sales in dollars? O A. $10,800 O B. $900 O C. $9,900 O D. $480 McCoy Company wants to have an ending inventory of 9,000 units. McCoy Company has beginning inventory of 10,000 units and expects to sell 27,000 units. How many units should McCoy Company produce? O...
PS poa Lie Around Fumiture manufactures two products Futons and Reciners. The following data are avalable Fudons Reciners Sales price Variable costs $500.00 $390 00 $710.00 $385 00 The company can manufachure either 3 utons per machine hour or 2 recinerfs) per machine hour. The company's production capacity is 3.900 machine OA 7,800 futons and 6 recliners O B 7800 recliners OC 11.700 futons OD. 11.700 futons and 7.800 reciners Click to select your ansawer Previous Next 8 0 B....
Buzz Appliances manufactures two products: Food Processors and Espresso Makers. The following data are available: Sales price Variable costs Food Processors Espresso Makers $165.00 $235.00 $80.00 $200.00 The company can manufacture either two food processors per machine hour or three espresso machines per machine hour. The company's production capacity is 1,200 machine hours per month. What is the contribution margin ratio for food processors? O A. 51.52% OB. 5.15% O C. 14.89% OD. 30% Companies that are considered price-takers usually...
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