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Exercise 3.27 Stellar produces one...
Please solve the incorrect answers! Idk what I did wrong Exercise 3.27 Stellar produces one single...
Please solve the incorrect answers! Idk what I did wrong
Exercise 3.27 Stellar produces one single product, a small reading tablet, and sells it at $130 per unit. Its current annual sales are $312,000. Its annual fixed costs include factory rent, 562,400; depreciation expense; equipment, $15,600; utilities, $31,200; insurance, $12,480. Its variable costs include materials, $39 per unit, and direct labour, $52 per unit. Stellar's income tax rate is 20%. Your answer is correct. What is the contribution margin per...
Exercise 3.27 Stellar produces one single product, a small reading tablet, and sells it at $130...
Exercise 3.27 Stellar produces one single product, a small reading tablet, and sells it at $130 per unit. Its current annual sales are $312,000. Its annual fixed costs include factory rent, 562,400; depreciation expense: equipment, $15,600; utilities, $31,200; insurance, $12,480. Its variable costs include materials, $39 per unit, and direct labour, $52 per unit. Stellar's income tax rate is 20%. What is the contribution margin per unit? Contribution margin per unit LINK TO TEXT LINK TO TEXT LINK TO TEXT...
Exercise 3.27 Novak produces one single product, a small reading tablet, and sells it at $90...
Exercise 3.27 Novak produces one single product, a small reading tablet, and sells it at $90 per unit. Its current annual sales are $162,000. Its annual fixed costs include factory rent, $30,780; depreciation expense; equipment, $8,100; utilities, $16,200; insurance, $6,480. Its variable costs include materials, $27 per unit, and direct labour, $36 per unit. Novak's income tax rate is 20%. What is the contribution margin per unit? Contribution margin per unit s LINK TO TEXT LINK TO TEXT LINK TO...
Please solve the contribution margin ratio. Exercise 3.37 Cheyenne manufactures and sells swimsuits for $40.00 each....
Please solve the contribution margin ratio.
Exercise 3.37 Cheyenne manufactures and sells swimsuits for $40.00 each. The estimated income statement for 2017 is as follows: Sales Variable costs Contribution margin Fixed costs Pretax earnings $2,000,000 1,050,000 950,000 785,000 $165,000 Your answer is correct. Compute the contribution margin per swimsuit and the number of swimsuits that must be sold to break even. (Round contribution margin per swimsuit to 2 decimal places, e.g. 15.25 and break even swimsuits to o decimal places,...
Exercise 19-17 Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016....
Exercise 19-17 Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016. Sales Sales price Variable costs Fixed costs 2,500 units $40 per unit $26 per unit $19,600 What is the contribution margin ratio? (Round answer to o decimal places, e.g. 5,275.) Contribution margin ratio LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS What is the break-even point in dollars? (Round intermediate calculation and final answers to 0 decimal places, e.g. 5,275.)...
got the first part right but don’t know why i keep getting the last two parts wrong CALCULATOR PRINTER VERSION BACK...
got the first part right but don’t know why i keep getting the
last two parts wrong
CALCULATOR PRINTER VERSION BACK NEXT Do It Review 5-5 Sandhill Company makes radios that sell for $30 each. For the coming year, management expects foxed costs to total $248,040 and variable costs to be $18 per unit. Your answer is correct. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point 620100 LINK TO TEXT LINK TO TEXT Your...
Problem 3.55 Culver, Inc. manufactures souvenirs and sells the products to souvenir shops across Canada. Lisa...
Problem 3.55 Culver, Inc. manufactures souvenirs and sells the products to souvenir shops across Canada. Lisa McKay is the new owner, and is concerned about the low margins. She would like to find a way to improve the company's profitability. The accountant provides her the following financial information: sales are $246,000, of which 50% is cost of goods sold. Cost of goods sold consists of direct materials (20%), direct labour (30%), and fixed manufacturing overhead (50%). Operating expenses consist of...
The section of Waterways that produces controllers for the company provided the following information. Sales in...
The section of Waterways that produces controllers for the company provided the following information. Sales in units for month of February 4,100 Variable manufacturing cost per unit $9.00 Sales price per unit $42.00 Fixed manufacturing overhead cost (per month for controllers) $80,000 Variable selling and administrative expenses per unit $3.60 Fixed selling and administrative expenses (per month for controllers) $12,400 Using this information for the controllers, determine the contribution margin ratio, the degree of operating leverage, the break-even point in...
Exercise 12.29 Stellar Unlimited expects to capture 54% of the flavoured water market. In a typical...
Exercise 12.29 Stellar Unlimited expects to capture 54% of the flavoured water market. In a typical year, this market averages 2,000,000 units. This year sales reached an all-time high of 2,260,000 units. Stellar Unlimited sold 1,514,200 units. The standard contribution margin per unit for flavoured water is $1.34. Calculate the market share variance. (Enter all amounts as positive.) Market share variance $ < > LINK TO TEXT Calculate the market size variance. (Enter all amounts as positive.) Market size variance...
Exercise 5-12 In 2019, Ivanhoe Company had a break-even point of $310,000 based on a selling price of $8 per unit and f...
Exercise 5-12 In 2019, Ivanhoe Company had a break-even point of $310,000 based on a selling price of $8 per unit and fixed costs of $93,000. In 2020, the selling price and the variable costs per unit did not change, but the break-even point increased to $429,000 Your answer is correct. Compute the variable costs per unit and the contribution margin ratio for 2019. (Round Variable cost per unit to 2 decimal places, e.g. 2.25 and Contribution margin ratio to...
Please solve the incorrect answers! Idk what I did wrong
Exercise 3.27 Stellar produces one single product, a small reading tablet, and sells it at $130 per unit. Its current annual sales are $312,000. Its annual fixed costs include factory rent, 562,400; depreciation expense; equipment, $15,600; utilities, $31,200; insurance, $12,480. Its variable costs include materials, $39 per unit, and direct labour, $52 per unit. Stellar's income tax rate is 20%. Your answer is correct. What is the contribution margin per...
Exercise 3.27 Stellar produces one single product, a small reading tablet, and sells it at $130 per unit. Its current annual sales are $312,000. Its annual fixed costs include factory rent, 562,400; depreciation expense: equipment, $15,600; utilities, $31,200; insurance, $12,480. Its variable costs include materials, $39 per unit, and direct labour, $52 per unit. Stellar's income tax rate is 20%. What is the contribution margin per unit? Contribution margin per unit LINK TO TEXT LINK TO TEXT LINK TO TEXT...
Exercise 3.27 Novak produces one single product, a small reading tablet, and sells it at $90 per unit. Its current annual sales are $162,000. Its annual fixed costs include factory rent, $30,780; depreciation expense; equipment, $8,100; utilities, $16,200; insurance, $6,480. Its variable costs include materials, $27 per unit, and direct labour, $36 per unit. Novak's income tax rate is 20%. What is the contribution margin per unit? Contribution margin per unit s LINK TO TEXT LINK TO TEXT LINK TO...
Please solve the contribution margin ratio.
Exercise 3.37 Cheyenne manufactures and sells swimsuits for $40.00 each. The estimated income statement for 2017 is as follows: Sales Variable costs Contribution margin Fixed costs Pretax earnings $2,000,000 1,050,000 950,000 785,000 $165,000 Your answer is correct. Compute the contribution margin per swimsuit and the number of swimsuits that must be sold to break even. (Round contribution margin per swimsuit to 2 decimal places, e.g. 15.25 and break even swimsuits to o decimal places,...
Exercise 19-17 Felde Bucket Co., a manufacturer of rain barrels, had the following data for 2016. Sales Sales price Variable costs Fixed costs 2,500 units $40 per unit $26 per unit $19,600 What is the contribution margin ratio? (Round answer to o decimal places, e.g. 5,275.) Contribution margin ratio LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS What is the break-even point in dollars? (Round intermediate calculation and final answers to 0 decimal places, e.g. 5,275.)...
got the first part right but don’t know why i keep getting the
last two parts wrong
CALCULATOR PRINTER VERSION BACK NEXT Do It Review 5-5 Sandhill Company makes radios that sell for $30 each. For the coming year, management expects foxed costs to total $248,040 and variable costs to be $18 per unit. Your answer is correct. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point 620100 LINK TO TEXT LINK TO TEXT Your...
Problem 3.55 Culver, Inc. manufactures souvenirs and sells the products to souvenir shops across Canada. Lisa McKay is the new owner, and is concerned about the low margins. She would like to find a way to improve the company's profitability. The accountant provides her the following financial information: sales are $246,000, of which 50% is cost of goods sold. Cost of goods sold consists of direct materials (20%), direct labour (30%), and fixed manufacturing overhead (50%). Operating expenses consist of...
Exercise 12.29 Stellar Unlimited expects to capture 54% of the flavoured water market. In a typical year, this market averages 2,000,000 units. This year sales reached an all-time high of 2,260,000 units. Stellar Unlimited sold 1,514,200 units. The standard contribution margin per unit for flavoured water is $1.34. Calculate the market share variance. (Enter all amounts as positive.) Market share variance $ < > LINK TO TEXT Calculate the market size variance. (Enter all amounts as positive.) Market size variance...
Exercise 5-12 In 2019, Ivanhoe Company had a break-even point of $310,000 based on a selling price of $8 per unit and fixed costs of $93,000. In 2020, the selling price and the variable costs per unit did not change, but the break-even point increased to $429,000 Your answer is correct. Compute the variable costs per unit and the contribution margin ratio for 2019. (Round Variable cost per unit to 2 decimal places, e.g. 2.25 and Contribution margin ratio to...
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