Lindstrom Company produces two fountain pen models. Information about its products follows: Product A Product B...
Lindstrom Company produces two fountain pen models. Information about its products follows:
| Product A | Product B | ||||
| Sales revenue | $ | 125,000 | $ | 200,000 | |
| Less: Variable costs | 52,000 | 50,000 | |||
| Contribution margin | $ | 73,000 | $ | 150,000 | |
| Total units sold | 5,000 | 5,000 | |||
Lindstrom’s fixed costs total $83,500.
1. Determine Lindstrom’s weighted-average unit contribution margin and weighted-average contribution margin ratio. (Round your weighted-average CM to 2 decimal places and Weighted-Average CM Ratio to 1 decimal place (i.e. .123 should be entered as 12.3%)).
2.Calculate Lindstrom’s break-even point in units and in sales revenue. (Round your intermediate values to one decimal places. Round your "Sales Revenue" answer to 2 decimal places and "Sales Units" answer to the nearest whole number.)
3.Calculate the number of units that Lindstrom must sell to earn a $110,000 profit. (Round your answer to the nearest whole number.)
4.Calculate Lindstrom’s margin of safety and margin of safety as a percentage of sales if it sells 9,000 total pens. (Round your margin of safety in units to the nearest whole number and your percentage of sales answer to 2 decimal places (i.e. .1234 should be entered as 12.34%))
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Lindstrom Company produces two fountain pen models. Information
about its products follows:
Product A
Product B...
Lindstrom Company produces two fountain pen models. Information about its products follows: Product A Product B...
Lindstrom Company produces two fountain pen models. Information about its products follows: Product A Product B Sales revenue $ 100,000 $ 150,000 Less: Variable costs 39,000 52,500 Contribution margin $ 61,000 $ 97,500 Total units sold 5,000 5,000 Lindstrom’s fixed costs total $81,000. Required: 1. Determine Lindstrom’s weighted-average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Lindstrom’s break-even point in units and in sales revenue. 3. Calculate the number of units that Lindstrom must sell to earn a...
Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less: Variable...
Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less: Variable costs Contribution margin Total units sold Product A $ 165,000 72,600 $ 92,400 5,000 Product B $215,000 60,200 $154,800 5,000 Lindstrom’s fixed costs total $87,500. Required: 1. Determine Lindstrom's weighted-average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Lindstrom's break-even point in units and in sales revenue. 3. Calculate the number of units that Lindstrom must sell to earn a $130,000 profit....
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Presidio, Inc. produces one model of mountain bike. Partial
information for the company follows:
Required:
1.
Complete Presidio’s cost data table.(Round
your Cost per Unit answers to 2 decimal
places.)
2.
Calculate Presidio’s contribution margin ratio and its total
contribution margin at each sales level indicated in the cost data
table assuming the company sells each bike for $640.
(Round your Margin Ratio percentage answers to 2 decimal places
(i.e. .1234 should be entered as 12.34%.))
3.
Calculate net operating...
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Presidio, Inc. produces one model of mountain bike. Partial information for the company follows: Required: 1....
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Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1....
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $620. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. Complete this question by entering your answers in the tabs below. Required...
Lindstrom Company produces two fountain pen models. Information about its products follows: Sales revenue Less: Variable costs Contribution margin Total units sold Product A $ 165,000 72,600 $ 92,400 5,000 Product B $215,000 60,200 $154,800 5,000 Lindstrom’s fixed costs total $87,500. Required: 1. Determine Lindstrom's weighted-average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Lindstrom's break-even point in units and in sales revenue. 3. Calculate the number of units that Lindstrom must sell to earn a $130,000 profit....
Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion's products is given below: Sales revenue Less: Variable costs Contribution margin Total units sold Product $35,880 : 14,280 $20,800 920 Product B $58,888 22,688 $27,408 1.960 Pin Cushion's fixed costs total $37,300. Required: 1. Determine Pin Cushion's weighted average unit contribution margin and weighted average contribution margin ratio. 2. Calculate Pin Cushion's break-even units and break-even sales revenue. 3. Calculate the number of units of each product...
Pin Cushion Company produces two models of sewing basket. Information about Pin Cushion's products is given below: Sales revenue Less: Variable costs Contribution margin Total units sold Product A $29,000 11,800 $17,200 800 Product B $44,000 20,200 $23,800 1,840 Pin Cushion's fixed costs total $35,500. Required: 1. Determine Pin Cushion's weighted average unit contribution margin and weighted-average contribution margin ratio. 2. Calculate Pin Cushion's break-even units and break-even sales revenue. 3. Calculate the number of units of each product that...
Last month, Laredo Company sold 600 units for $80 each. During the month, fixed costs were $3,570 and variable costs were $12 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Required 1 Required 2 Required 3 Determine the unit contribution margin and contribution margin ratio. (Round your contribution Margin Ratio to...
Dana's Ribbon World makes award rosettes. Following is information about the company: Variable cost per rosette Sales price per rosette Total fixed costs per month $1.60 4.00 200.00 Required 1. Suppose Dana's would like to generate a profit of $920. Determine how many rosettes it must sell to achieve this target profit. (Round your intermediate calculations to 2 decimal places and final answer to the nearest whole number.) et Units 2. If Dana's sells 870 rosettes, compute its margin of...
Presidio, Inc. produces one model of mountain bike. Partial
information for the company follows:
Required:
1.
Complete Presidio’s cost data table.(Round
your Cost per Unit answers to 2 decimal
places.)
2.
Calculate Presidio’s contribution margin ratio and its total
contribution margin at each sales level indicated in the cost data
table assuming the company sells each bike for $640.
(Round your Margin Ratio percentage answers to 2 decimal places
(i.e. .1234 should be entered as 12.34%.))
3.
Calculate net operating...
Problem 4-14 Culver Tennis Racquet Co. produces and sells three models: Units sold Sales Less variable costs Contribution margin Less common fixed costs Profit Smasher 2,000 $160,300 73,800 $86,500 Basher 3,200 $168,100 69,600 $98,500 Dinker 3 ,200 $117,400 35,600 $81,800 Total 8,400 $445,800 179,000 266,800 141,900 $124,900 What is the weighted average contribution margin per unit? (Round answer to 2 decimal places, e.g. 15.25.) Weighted average contribution margins per unit LINK TO TEXT Calculate the break-even point in units assuming...
Presidio, Inc. produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidio's cost data table. (Round your Cost per Unit answers to 2 decimal places.) Bikes Produced and Sold 510 Units 890 Units 1862 Units Total costs Variable costs $ 147,900 Fixed costs per year Total costs Cost per unit $ 147,900 $ 0 $ Variable cost per unit Fixed cost per unit Total cost per unit $ 0.00 $ 553.00 $ 0.00 2....
Presidio, Inc., produces one model of mountain bike. Partial information for the company follows: Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $620. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $620. Complete this question by entering your answers in the tabs below. Required...
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