Homework Answers
1. Contribution margin ratio = (12-11)/12 = 8.33%
Breakeven sales = Fixed cost/Contribution margin ratio
= 900/8.33%
= 10,800
Option A
2.
Budgeted production
= Budgeted sales + Desired ending inventory - Beginning inventory
= 27,000+9,000-10,000
= 26000 units
Option D
Add Answer to:
The Muffin House produces and sells a variety of muffins. The selling price per dozen is...
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 Variable costs Couches $540 $400 Beds $720 $425 The company can manufacture either 4 couches per machine hour or 1 bed(s) per machine hour. The company's production capacity is 9,600 machine hours per month. What is the contribution margin per machine hour for beds? O A. $1,145 O B. $295 O C. $1,475 OD. $1,180 The Muffin House produces and sells a variety of...
Stella Company sells only two products, Product A and Product B. Total Selling price Variable cost...
Stella Company sells only two products, Product A and Product B. Total Selling price Variable cost per unit Total fixed costs Product A $70.00 $46.00 Product B $20.00 $14.00 $1,142,000 Stella sells two units of Product A for each unit it sells of Product B. Stella faces a tax rate of 30%. Stella desires a net after - tax income of $70,000. The breakeven point in units would be O A. 38,592 units of Product A and 19,296 units of...
Martin Company currently produces and sells 36,000 units of product at a selling price of $14. The product has vari...
Martin Company currently produces and sells 36,000 units of product at a selling price of $14. The product has variable costs of $8 per unit and fixed costs of $46,000. The company currently earns a total contribution margin of Multiple Choice 000 00000 0 000'9 oo0890
Birch Company normally produces and sells 48,000 units of RG-6 each month. The selling price is...
Birch Company normally produces and sells 48,000 units of RG-6 each month. The selling price is $25 per unit, variable costs are $17 per unit, fixed manufacturing overhead costs total $175,000 per month, and fixed selling costs total $36,000 per month. Employment-contract strikes in the companies that purchase the bulk of the RG-6 units have caused Birch Company’s sales to temporarily drop to only 9,000 units per month. Birch Company estimates that the strikes will last for two months, after...
If selling price per unit is $45, variable costs per unit are $30, total fixed costs...
If selling price per unit is $45, variable costs per unit are $30, total fixed costs are $21,000, the tax rate is 30%, and the company sells 6,000 units, net income is O A $69,000 OB. $63,000 OC. $9,000 OD. 548,300
Birch Company normally produces and sells 40,000 units of RG-6 each month. The selling price is $20 per unit, variable c...
Birch Company normally produces and sells 40,000 units of RG-6 each month. The selling price is $20 per unit, variable costs are $10 per unit, fixed manufacturing overhead costs total $155,000 per month, and fixed selling costs total $46,000 per month. Employment-contract strikes in the companies that purchase the bulk of the RG-6 units have caused Birch Company’s sales to temporarily drop to only 11,000 units per month. Birch Company estimates that the strikes will last for two months, after...
Craylon Manufacturing produces a single product that sells for $110. Variable costs per unit equal $30....
Craylon Manufacturing produces a single product that sells for $110. Variable costs per unit equal $30. The company expects total fixed costs to be $65,000 for the next month at the projected sales level of 1,300 units. In an attempt to improve performance, management is considering a number of alternative actions. Each situation is to be evaluated separately. One alternative is to increase advertsing expenses by $10,000. What is the effect on operating income with the increase of advertising expenses?...
Flannigan Company manufactures and sells a single product that sells for $580 per unit, variable costs...
Flannigan Company manufactures and sells a single product that sells for $580 per unit, variable costs are $319. Annual fixed costs are $958,500. Current sales volume is $4,330,000. Compute the contribution margin per unit. Multiple Choice Ο Ο Ο Ο Ο A company's product sells at $12.22 per unit and has a $5.33 per unit variable cost. The company's total fixed costs are $96,900 The contribution margin per unit is: Multiple Choice Ο $8.06. Ο $5.33. Ο $6.89. Ο $12.22....
View Policies Current Attempt in Progress Kokomo produces stereo speakers. The selling price per pair of...
View Policies Current Attempt in Progress Kokomo produces stereo speakers. The selling price per pair of speakers is $1,840. There is no beginning inventory. $147 Costs involved in production are: Direct material Direct labor Variable manufacturing overhead Total variable manufacturing costs per unit 204 100 $451 Fixed manufacturing overhead per year $665,760 In addition, the company has fixed selling and administrative costs: Fixed selling costs per year $196,100 Fixed administrative costs per year $ 101,400 During the year, Kokomo produces...
Birch Company normally produces and sells 41,000 units of RG-6 each month. The selling price is...
Birch Company normally produces and sells 41,000 units of RG-6 each month. The selling price is $30 per unit, variable costs are $10 per unit, fixed manufacturing overhead costs total $175,000 per month, and fixed selling costs total $46,000 per month Employment contract strikes in the companies that purchase the bulk of the RG-6 units have caused Birch Company's sales to temporarily drop to only 8,000 units per month. Birch Company estimates that the strikes will last for two months...
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: Sales price Variable costs Couches $540 $400 Beds $720 $425 The company can manufacture either 4 couches per machine hour or 1 bed(s) per machine hour. The company's production capacity is 9,600 machine hours per month. What is the contribution margin per machine hour for beds? O A. $1,145 O B. $295 O C. $1,475 OD. $1,180 The Muffin House produces and sells a variety of...
Stella Company sells only two products, Product A and Product B. Total Selling price Variable cost per unit Total fixed costs Product A $70.00 $46.00 Product B $20.00 $14.00 $1,142,000 Stella sells two units of Product A for each unit it sells of Product B. Stella faces a tax rate of 30%. Stella desires a net after - tax income of $70,000. The breakeven point in units would be O A. 38,592 units of Product A and 19,296 units of...
Martin Company currently produces and sells 36,000 units of product at a selling price of $14. The product has variable costs of $8 per unit and fixed costs of $46,000. The company currently earns a total contribution margin of Multiple Choice 000 00000 0 000'9 oo0890
If selling price per unit is $45, variable costs per unit are $30, total fixed costs are $21,000, the tax rate is 30%, and the company sells 6,000 units, net income is O A $69,000 OB. $63,000 OC. $9,000 OD. 548,300
Craylon Manufacturing produces a single product that sells for $110. Variable costs per unit equal $30. The company expects total fixed costs to be $65,000 for the next month at the projected sales level of 1,300 units. In an attempt to improve performance, management is considering a number of alternative actions. Each situation is to be evaluated separately. One alternative is to increase advertsing expenses by $10,000. What is the effect on operating income with the increase of advertising expenses?...
Flannigan Company manufactures and sells a single product that sells for $580 per unit, variable costs are $319. Annual fixed costs are $958,500. Current sales volume is $4,330,000. Compute the contribution margin per unit. Multiple Choice Ο Ο Ο Ο Ο A company's product sells at $12.22 per unit and has a $5.33 per unit variable cost. The company's total fixed costs are $96,900 The contribution margin per unit is: Multiple Choice Ο $8.06. Ο $5.33. Ο $6.89. Ο $12.22....
View Policies Current Attempt in Progress Kokomo produces stereo speakers. The selling price per pair of speakers is $1,840. There is no beginning inventory. $147 Costs involved in production are: Direct material Direct labor Variable manufacturing overhead Total variable manufacturing costs per unit 204 100 $451 Fixed manufacturing overhead per year $665,760 In addition, the company has fixed selling and administrative costs: Fixed selling costs per year $196,100 Fixed administrative costs per year $ 101,400 During the year, Kokomo produces...
Birch Company normally produces and sells 41,000 units of RG-6 each month. The selling price is $30 per unit, variable costs are $10 per unit, fixed manufacturing overhead costs total $175,000 per month, and fixed selling costs total $46,000 per month Employment contract strikes in the companies that purchase the bulk of the RG-6 units have caused Birch Company's sales to temporarily drop to only 8,000 units per month. Birch Company estimates that the strikes will last for two months...
Most questions answered within 3 hours.
-
Teams with high levels of ______ and ______ deal with task
conflict better than those without...
asked 11 seconds from now -
Create a C++ project called lab3b and add the following source
code init_struct.cpp to the project....
asked 10 minutes ago -
12.
A budget that can be easily adjusted to show budgeted revenues,
costs, and cash flows...
asked 18 minutes ago -
________ unemployment changes slowly and depends on
________.
Select one:
a. Frictional; the rate at which...
asked 46 minutes ago -
These surveys collect information in low- and
middle-income countries regarding the total fertility rate and the...
asked 1 hour ago -
I need to determine the concentration of hydrogen peroxide in a
solution using titrimetric analysis
25...
asked 1 hour ago -
Your are the Vice-President of operations for a New Orleans food
chain. In the aftermath of...
asked 1 hour ago -
Create a flowchart and a program; test the program. Program
Requirements.
- There are 10 members...
asked 1 hour ago -
Which of the following is not a sensory receptor?
a. a hair cell
b. a rod
c. a...
asked 1 hour ago -
Does the launch speed depend significantly upon the launching
angle? Is it reasonable?
asked 1 hour ago -
A disc of moment of inertia 3.00 kgm2 is rotating with angular
velocity 2.00 rad/s about...
asked 1 hour ago -
Hi, can somone help me with this question?
Omega Company reported the following information for the...
asked 1 hour ago