Homework Answers
| a | ||
| CAREY COMPANY | ||
| CVP Income Statement | ||
| For the Year Ended December 31, 2020 | ||
| Total | Per unit | |
| Sales | 1586000 | 26.00 |
| Variable costs | 854000 | 14.00 |
| Contribution margin | 732000 | 12.00 |
| Fixed costs | 450000 | |
| Net income/(loss) | 282000 | |
| b | ||
| CAREY COMPANY | ||
| CVP Income Statement | ||
| For the Year Ended December 31, 2020 | ||
| Total | Per unit | |
| Sales | 1575630 | 24.60 |
| Variable costs | 717360 | 11.20 |
| Contribution margin | 858270 | 13.40 |
| Fixed costs | 540000 | |
| Net income/(loss) | 318270 | |
| Workings: | ||
| Revised sales units | 64050 | =61000*1.05 |
| Selling price | 24.60 | =26-(2.8*50%) |
| Fixed costs | 540000 | =450000+90000 |
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காவை பகை பலகாடியாகாடிகடி போயா மரையாயமானாயாசமாக போப்பானைகளைக்கையான Carey Company had sales in 2019...
Carey Company had sales in 2019 of $1,703,700 on 63,100 units. Variable costs totaled 1883,400, and...
Carey Company had sales in 2019 of $1,703,700 on 63,100 units. Variable costs totaled 1883,400, and fixed costs totaled $549,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $90,000 Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The...
Carey Company had sales in 2019 of $1,703,700 on 63,100 units. Variable costs totaled $883,400, and...
Carey Company had sales in 2019 of $1,703,700 on 63,100 units. Variable costs totaled $883,400, and fixed costs totaled $549,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $90,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The...
Exercise 19-05 Carey Company had sales in 2019 of $1,792,200 on 61,800 units. Variable costs totaled...
Exercise 19-05 Carey Company had sales in 2019 of $1,792,200 on 61,800 units. Variable costs totaled $855,200, and fixed costs totaled $487,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $107,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price...
Carey Company had sales in 2019 of $1,727,600
Carey Company had sales in 2019 of $1,727,600 on 61,700 units. Variable costs totaled $987,200, and fixed costs totaled $456,000.A new raw material is available that will decrease the variable costs per unit by 20% (or $3.20). However, to process the new raw material, fixed operating costs will increase by $101,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The marketing department expects that this...
Carey Company had sales in 2019 of $1,923,000 on 64,100 units. Variable costs totaled $897,400, and...
Carey Company had sales in 2019 of $1,923,000 on 64,100 units. Variable costs totaled $897,400, and fixed costs totaled $502,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $98,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The...
EAS (UOL,AD Carey Company had sales in 2019 of $1.56000 am 60,00 umis Variabhe E6.5 (LO...
EAS (UOL,AD Carey Company had sales in 2019 of $1.56000 am 60,00 umis Variabhe E6.5 (LO 1),AP Carey Company had sales in 2019 of $1,560,000 on 60,000 units. Variable costs totaled $900,000, and fixed costs totaled $500,000. A new raw material is available that will decrease the variable costs per unit by 20% (or S3). How- ever, to process the new raw material, fixed operating costs will increase by $100,000. Management feels that one-half of the decline in the variable...
Carey Company had sales in 2016 of $1,768,500 on 65,500 units. Variable costs totaled $1,048,000, and...
Carey Company had sales in 2016 of $1,768,500 on 65,500 units. Variable costs totaled $1,048,000, and fixed costs totaled $513,000. w raw material is available that will decrease the variable costs per unit by 20% (or S 3.20). However, to process the new raw material, fixed operating costs will increase by $91,000. Management feels that one-ha decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The marketing department...
Carey Company had sales in 2016 of $1,658,800 on 63,800 units. Variable costs totaled $1,148,400, and...
Carey Company had sales in 2016 of $1,658,800 on 63,800 units. Variable costs totaled $1,148,400, and fixed costs totaled $467,000 A new raw material is available that will decrease the variable costs per unit by 20% (or $3.60). However, to process the new raw material, fixed operating costs will increase by $94,000. Management feels that one half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction....
Carey Company had sales in 2016 of $1,792,000 on 64,000 units. Variable costs totaled $1.152.000, and...
Carey Company had sales in 2016 of $1,792,000 on 64,000 units. Variable costs totaled $1.152.000, and fixed costs totaled $479,000 A new raw material is available that will decrease the variable costs per unit by 20% (or $3.60). However, to process the new raw material, fixed operating costs will increase by $98,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers In the form of a sales price reduction. The...
Vaughn Company had sales in 2019 of $1,679,400 on 62,200 units. Variable costs totaled $870,800, and...
Vaughn Company had sales in 2019 of $1,679,400 on 62,200 units. Variable costs totaled $870,800, and fixed costs totaled $547,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $97,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The...
Carey Company had sales in 2019 of $1,703,700 on 63,100 units. Variable costs totaled 1883,400, and fixed costs totaled $549,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $90,000 Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The...
Carey Company had sales in 2019 of $1,703,700 on 63,100 units. Variable costs totaled $883,400, and fixed costs totaled $549,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $90,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The...
Exercise 19-05 Carey Company had sales in 2019 of $1,792,200 on 61,800 units. Variable costs totaled $855,200, and fixed costs totaled $487,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $107,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price...
Carey Company had sales in 2019 of $1,923,000 on 64,100 units. Variable costs totaled $897,400, and fixed costs totaled $502,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $98,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The...
EAS (UOL,AD Carey Company had sales in 2019 of $1.56000 am 60,00 umis Variabhe E6.5 (LO 1),AP Carey Company had sales in 2019 of $1,560,000 on 60,000 units. Variable costs totaled $900,000, and fixed costs totaled $500,000. A new raw material is available that will decrease the variable costs per unit by 20% (or S3). How- ever, to process the new raw material, fixed operating costs will increase by $100,000. Management feels that one-half of the decline in the variable...
Carey Company had sales in 2016 of $1,768,500 on 65,500 units. Variable costs totaled $1,048,000, and fixed costs totaled $513,000. w raw material is available that will decrease the variable costs per unit by 20% (or S 3.20). However, to process the new raw material, fixed operating costs will increase by $91,000. Management feels that one-ha decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The marketing department...
Carey Company had sales in 2016 of $1,658,800 on 63,800 units. Variable costs totaled $1,148,400, and fixed costs totaled $467,000 A new raw material is available that will decrease the variable costs per unit by 20% (or $3.60). However, to process the new raw material, fixed operating costs will increase by $94,000. Management feels that one half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction....
Carey Company had sales in 2016 of $1,792,000 on 64,000 units. Variable costs totaled $1.152.000, and fixed costs totaled $479,000 A new raw material is available that will decrease the variable costs per unit by 20% (or $3.60). However, to process the new raw material, fixed operating costs will increase by $98,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers In the form of a sales price reduction. The...
Vaughn Company had sales in 2019 of $1,679,400 on 62,200 units. Variable costs totaled $870,800, and fixed costs totaled $547,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $2.80). However, to process the new raw material, fixed operating costs will increase by $97,000. Management feels that one-half of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The...
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