Homework Answers
Computation of Contribution:
| Snowboards | Skis | Poles | |
| Selling Price | 310 | 410 | 60 |
| - variable costs | 190 | 230 | 10 |
| Contribution (A) | 120 | 180 | 50 |
| Sales mix % (B) | 8/(8+3+20 * 100 = 61.54% | 3/(13)*100 = 23.08% | 2/13*100 = 15.38% |
| Weighted contribuion (A*B) | 73.85 $ | 41.54 $ | 7.69 $ |
So, Overall Unit Contribution => 73.85 + 41.54 + 7.69 = 123.08 $
Please comment in case of any query regarding the solution.
Add Answer to:
Salvadores Manufacturing builds and sells snowboards, skis and poles. The sales price and variable cost for...
Please help with all 3 parts! Salvadores Manufacturing builds and sells snowboards, skis and poles. The...
Please help with all 3 parts! Salvadores Manufacturing builds and sells snowboards, skis and poles. The sales price and variable cost for each follows: Product Selling Price per Unit Variable Cost per Unit Snowboards $340 $160 Skis $380 $210 Poles $50 $30 a. Their sales mix is reflected in the ratio 7:3:2. What is the overall unit contribution margin for Salvadores with their current product mix? Product Selling Price per Unit Variable Cost per Unit Snowboards $340 $190 Skis $390 ...
and poles. The sales price and variable cost for each follows: Product per Unit Snowboards $190...
and poles. The sales price and variable cost for each follows: Product per Unit Snowboards $190 per Unit $330 $390 $60 Skis $240 Poles $30 costs shared by the three products are $249,200, how many units of each product will need to be sold in order for Salvadores to break even? Break-even per composite unit Number of Units per product Product Ratio (mix) Snowboards Skis Poles
Sales Mix and Break-Even Analysis Megan Company has fixed costs of $592,000. The unit selling price, variable cost per...
Sales Mix and Break-Even Analysis Megan Company has fixed costs of $592,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Selling Price Variable Cost per Unit Contribution Margin per Unit QQ $210 $110 210 $100 100 zz 310 The sales mix for Products QQ and ZZ is 40% and 60%, respectively. Determine the break-even point in units of QQ and ZZ. If required, round your answers to the...
Sales Mix and Break-Even Analysis Jordan Company has fixed costs of $635,200. The unit selling price,...
Sales Mix and Break-Even Analysis Jordan Company has fixed costs of $635,200. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price Variable Cost per Unit Contribution Margin per Unit Model 94 $140 $60 $80 Model 81 230 150 80 The sales mix for products Model 94 and Model 81 is 60% and 40%, respectively. Determine the break-even point in units of Model 94 and Model...
Problem 11-4 NYM Manufacturing Company makes a product. Selling Price per unit Variable manufacturing cost per unit Variable selling expense per unit (sales commissions) Annual Fixed Manufacturing Co...
Problem 11-4 NYM Manufacturing Company makes a product. Selling Price per unit Variable manufacturing cost per unit Variable selling expense per unit (sales commissions) Annual Fixed Manufacturing Costs Annual Fixed Selling and Admin Costs 150 80 25 40,000 s 60,000 REQUIRED Determine the break-even point in units and dollars using the following approaches. 1 Equation method 2 Contribution margin per unit. 3 Contribution margin ratio. 4 Confirm your results by preparing a contribution margin income statement for the breakeven sales...
Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,614,000. The unit selling price, variable cost per...
Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,614,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price Variable Cost per Unit Contribution Margin per Unit Q $640 $320 $320 Z 340 220 120 The sales mix for products Q and Z is 40% and 60%, respectively. Determine the break-even point in units of Q and Z. If required, round your answers...
Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative...
Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases ievietes Amount 860,000 430 48 18 135,000 125,000 65,000 110,000 310,000 Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution margin...
Spring Company has provided the following data: Sales per period Selling price Variable manufacturing cost Selling...
Spring Company has provided the following data: Sales per period Selling price Variable manufacturing cost Selling expenses Administrative expenses 6,000 units $80 per unit $15 per unit $5,000 plus 5% of selling price $4,000 plus 10% of selling price The contribution margin ratio is: 66.25% 2596 60% 7096
Steven Company has fixed costs of $345,268. The unit selling price, variable cost per unit, and contribution margin per...
Steven Company has fixed costs of $345,268. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per unit Variable Cost per unit Contribution Margin per unit X $1,216 $456 $760 Y 409 219 190 The sales mix for products X and Y is 60% and 40% respectively. Determine the break-even point in units of X and Y combined. Round answer to nearest whole number. (?)units
82. Dundas Inc. manufactures a single product. The product sells for $10. The variable manufacturing cost...
82. Dundas Inc. manufactures a single product. The product sells for $10. The variable manufacturing cost per unit is $2 and the variable selling cost is $2 per unit. Dundas incurs monthly fixed costs of $100,000 for manufacturing and $140,000 for administration and selling If Dundas raises its selling price by 10% in response to a 10% increase in variable costs, and income taxes are 40%, its new breakeven point in sales dollars (relative to that of the original data...
and poles. The sales price and variable cost for each follows: Product per Unit Snowboards $190 per Unit $330 $390 $60 Skis $240 Poles $30 costs shared by the three products are $249,200, how many units of each product will need to be sold in order for Salvadores to break even? Break-even per composite unit Number of Units per product Product Ratio (mix) Snowboards Skis Poles
Sales Mix and Break-Even Analysis Megan Company has fixed costs of $592,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Selling Price Variable Cost per Unit Contribution Margin per Unit QQ $210 $110 210 $100 100 zz 310 The sales mix for Products QQ and ZZ is 40% and 60%, respectively. Determine the break-even point in units of QQ and ZZ. If required, round your answers to the...
Sales Mix and Break-Even Analysis Jordan Company has fixed costs of $635,200. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price Variable Cost per Unit Contribution Margin per Unit Model 94 $140 $60 $80 Model 81 230 150 80 The sales mix for products Model 94 and Model 81 is 60% and 40%, respectively. Determine the break-even point in units of Model 94 and Model...
Problem 11-4 NYM Manufacturing Company makes a product. Selling Price per unit Variable manufacturing cost per unit Variable selling expense per unit (sales commissions) Annual Fixed Manufacturing Costs Annual Fixed Selling and Admin Costs 150 80 25 40,000 s 60,000 REQUIRED Determine the break-even point in units and dollars using the following approaches. 1 Equation method 2 Contribution margin per unit. 3 Contribution margin ratio. 4 Confirm your results by preparing a contribution margin income statement for the breakeven sales...
Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases ievietes Amount 860,000 430 48 18 135,000 125,000 65,000 110,000 310,000 Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution margin...
Spring Company has provided the following data: Sales per period Selling price Variable manufacturing cost Selling expenses Administrative expenses 6,000 units $80 per unit $15 per unit $5,000 plus 5% of selling price $4,000 plus 10% of selling price The contribution margin ratio is: 66.25% 2596 60% 7096
82. Dundas Inc. manufactures a single product. The product sells for $10. The variable manufacturing cost per unit is $2 and the variable selling cost is $2 per unit. Dundas incurs monthly fixed costs of $100,000 for manufacturing and $140,000 for administration and selling If Dundas raises its selling price by 10% in response to a 10% increase in variable costs, and income taxes are 40%, its new breakeven point in sales dollars (relative to that of the original data...
Most questions answered within 3 hours.
-
Computer Programming II CS141(Java)
Mention the appropriate relationship between following
classes:
HOD–StaffMember
Car–Ferrari
Student-Address
BankAccount–FixedAccount
House-Building...
asked 1 hour ago -
Assume one of your finals has 50 questions on it, and
lucky for you, it's all...
asked 3 hours ago -
Rice Products in Bangladesh
Business behavior is derived in large part from the basic cultural
environment...
asked 4 hours ago -
The following base sequence is found for a mRNA fragment from
wild-type E. coli: 5'- UAUCAGUAGAUAAUGUAACC-3'...
asked 5 hours ago -
For this exercise, round all regression parameters to three
decimal places.
One of the two tables...
asked 5 hours ago -
What is the 5% level of significance for mean = 3.60, standard
deviation = 0.94, and...
asked 5 hours ago -
Prior to beginning work on this discussion, please read the
article by Hayley Peterson, 15 Companies...
asked 5 hours ago -
Which pair of aqueous solutions, when mixed, will form a
precipitate?
A) NaNO3 and AgC2H3O2
B)...
asked 6 hours ago -
1-Write an algorithm to get two numbers from the user (as
inputs) and calculate the sum...
asked 9 hours ago -
Define white-collar crime. What is the difference between
offender and offense-based definitions of white-collar crime? What...
asked 10 hours ago -
Consider a reaction which is 1st order with respect to A and 1st
order with respect...
asked 10 hours ago -
c++
The length of the hypotenuse of a right-angled triangle is the
square root of the...
asked 10 hours ago