Homework Answers
Contribution Margin % of Product Q = 40%
Sales of Product Q = $133,000
Contribution Margin Absolutes of Product Q = Sales x Contribution Margin %
Contribution Margin of Product Q = $133,000 x 40% = $53,200
Segment Margin = Contribution Margin - Fixed Cost traceable to Product
$40,000 = $53,400 - Fixed Costs for Product Q
Fixed Costs for Product Q = $53,200 - $40,000 = $13,200
Total Fixed Costs = $48,000
Fixed Costs for Product P = $48,000 - $13,200 = $34,800
Segment Margin of Product P = Contribution Margin of Product P - Fixed Costs for Product P
Segment Margin of Product P = $38,000 - $34,800
Segment Margin of Product P = $3,200
Add Answer to:
TB MC Qu. 7.80 Carroll Corporation has two products, Q and P. During Carroll Corporation has...
Carroll Corporation has two products, Q and P. During June, the company's net operating income was...
Carroll Corporation has two products, Q and P. During June, the company's net operating income was $27,000, and the common fixed expenses were $58,000. The contribution margin ratio for Product Q was 40%. Its sales were $143.000, and its segment margin was $50,000. If the contribution margin for Product P was $48,000, the segment margin for Product P was: Multiple Choice $35,000 O $50,000 O O "ounle Corporation has two divisions: the South Division and the West Division. The corporation's...
TB MC Qu. 12-63 Fabri Corporation is considering eliminating ... Fabri Corporation is considering eliminating a...
TB MC Qu. 12-63 Fabri Corporation is considering eliminating ... Fabri Corporation is considering eliminating a department that has an annual contribution margin of $27,000 and $73,000 in annual fixed costs. Of the fixed costs, $16,500 cannot be avoided. The annual financial advantage (disadvantage) for the company of eliminating this department would be: 3.12 points (8 01:08:51 Multiple Choice ($46,000) $46,000 ($29,500) $29,500 Chapter 12 Quiz i Help Save & Exit Submit TB MC Qu. 12-64 The management of Furrow...
TB Problem Qu. 6-283 Spiess Corporation has two major ... Spiess Corporation has two major business...
TB Problem Qu. 6-283 Spiess Corporation has two major ... Spiess Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December appear below: Sales revenues, Apparel Variable expenses, Apparel Traceable fixed expenses, Apparel Sales revenues, Accessories Variable expenses, Accessories Traceable fixed expenses, Accessories $751,000 $388,000 $140,000 $828,000 $449,000 $117,000 Common fixed expenses totaled $322,000 and were allocated as follows: $137,000 to the Apparel business segment and $185,000 to the Accessories business segment. Required: Prepare a segmented...
TB MC Qu. 5-125 Mcdale Inc. produces and sells two ... Mcdale Inc. produces and sells...
TB MC Qu. 5-125 Mcdale Inc. produces and sells two ... Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below. Sales Variable expenses Product 149V $51,000 $13,900 Product 250U $56,000 $26,760 The fixed expenses of the entire company were $39,050. The break-even point for the entire company is closest to:
TB MC Qu. 12-110 The management of Bonga Corporation ... The management of Bonga Corporation is...
TB MC Qu. 12-110 The management of Bonga Corporation ... The management of Bonga Corporation is considering dropping product D74F. Data from the company's accounting system for this product for last year appear below: Sales $ 940,000 Variable expenses $ 419,000 Fixed manufacturing expenses $ 354,000 Fixed selling and administrative expenses $ 261,000 All fixed expenses of the company are fully allocated to products in the company's accounting system. Further investigation has revealed that $221,000 of the fixed manufacturing expenses...
TB MC Qu. 12A-96 Chruch Corporation manufactures numerous ... Chruch Corporation manufactures numerous products, one of...
TB MC Qu. 12A-96 Chruch Corporation manufactures numerous ... Chruch Corporation manufactures numerous products, one of which is called Tau-42. The company has provided the following data about this product: Unit sales (a) Selling price per unit Variable cost per unit Traceable fixed expense 63,000 $ 51.00 $ 34.00 $1,030,000 Management is considering decreasing the price of Tau-42 by 8%, from $51.00 to $46.92. The company's marketing managers estimate that this price reduction would increase unit sales by 10%, from...
TB MC Qu. 7-114 Deemer Corporation has an activity-based ... Deemer Corporation has an activity-based costing...
TB MC Qu. 7-114 Deemer Corporation has an activity-based ... Deemer Corporation has an activity-based costing system with three activity cost pools-Processing. Supervising, and Other in the first stage allocations costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption Data used in the first stage allocations follow Overhead costs: Equipment expense Indirect labor $73,000 $ 6,900 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost...
You skipped the queution in TB Problem Qu. 6-283 Spless Corporation has two major - appear...
You skipped the queution in TB Problem Qu. 6-283 Spless Corporation has two major - appear below. Splece Corporation hno two major business segments-Apparel and Accessories. Data concerning those segments for December Sales revenues Apparel Variable expenses, Apparel Traceable fixed expenses, Apparel Sales revenues, Accessories R Variable expenses, Accessories Traceable fixed expenses, Accessories FELL 3717.000 $397,eee $125.000 $771, eee 3510, eee $176,000 Common fixed expenses totaled $181.000 and were allocated as follows: $74,000 to the Apparel business segment and $107,000...
Chapter 12 Quiz 0 Seved Help Save & Exit Submit TB MC Qu. 12-59 Lusk Corporation...
Chapter 12 Quiz 0 Seved Help Save & Exit Submit TB MC Qu. 12-59 Lusk Corporation produces and sells ... Lusk Corporation produces and sells 15,300 units of Product X each month. The selling price of Product X is $23 per unit, and variable expenses are $17 per unit. A study has been made concerning whether Product X should be discontinued. The study shows that $74,000 of the $103.000 in monthly fixed expenses charged to Product X would not be...
TB MC Qu. 7-67 Feldpausch Corporation has provided the following... Feldpausch Corporation has provided the following...
TB MC Qu. 7-67 Feldpausch Corporation has provided the following... Feldpausch Corporation has provided the following data from its activity-based costing system Activity Cost Pool Assembly Processing orders Total Cost Total Activity $1,137,360 84,000 machine-hours $ 28,479 1,100 orders inspection- $ 97,155 1,270 hours Inspection The company makes 470 units of product W268 a year, requiring a total of 660 machine-hours, 50 orders, and 40 inspection-hours per year. The product's direct materials cost is $40.30 per unit and its direct...
Carroll Corporation has two products, Q and P. During June, the company's net operating income was $27,000, and the common fixed expenses were $58,000. The contribution margin ratio for Product Q was 40%. Its sales were $143.000, and its segment margin was $50,000. If the contribution margin for Product P was $48,000, the segment margin for Product P was: Multiple Choice $35,000 O $50,000 O O "ounle Corporation has two divisions: the South Division and the West Division. The corporation's...
TB MC Qu. 12-63 Fabri Corporation is considering eliminating ... Fabri Corporation is considering eliminating a department that has an annual contribution margin of $27,000 and $73,000 in annual fixed costs. Of the fixed costs, $16,500 cannot be avoided. The annual financial advantage (disadvantage) for the company of eliminating this department would be: 3.12 points (8 01:08:51 Multiple Choice ($46,000) $46,000 ($29,500) $29,500 Chapter 12 Quiz i Help Save & Exit Submit TB MC Qu. 12-64 The management of Furrow...
TB Problem Qu. 6-283 Spiess Corporation has two major ... Spiess Corporation has two major business segments--Apparel and Accessories. Data concerning those segments for December appear below: Sales revenues, Apparel Variable expenses, Apparel Traceable fixed expenses, Apparel Sales revenues, Accessories Variable expenses, Accessories Traceable fixed expenses, Accessories $751,000 $388,000 $140,000 $828,000 $449,000 $117,000 Common fixed expenses totaled $322,000 and were allocated as follows: $137,000 to the Apparel business segment and $185,000 to the Accessories business segment. Required: Prepare a segmented...
TB MC Qu. 5-125 Mcdale Inc. produces and sells two ... Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below. Sales Variable expenses Product 149V $51,000 $13,900 Product 250U $56,000 $26,760 The fixed expenses of the entire company were $39,050. The break-even point for the entire company is closest to:
TB MC Qu. 12A-96 Chruch Corporation manufactures numerous ... Chruch Corporation manufactures numerous products, one of which is called Tau-42. The company has provided the following data about this product: Unit sales (a) Selling price per unit Variable cost per unit Traceable fixed expense 63,000 $ 51.00 $ 34.00 $1,030,000 Management is considering decreasing the price of Tau-42 by 8%, from $51.00 to $46.92. The company's marketing managers estimate that this price reduction would increase unit sales by 10%, from...
TB MC Qu. 7-114 Deemer Corporation has an activity-based ... Deemer Corporation has an activity-based costing system with three activity cost pools-Processing. Supervising, and Other in the first stage allocations costs in the two overhead accounts, equipment expense and indirect labor, are allocated to the three activity cost pools based on resource consumption Data used in the first stage allocations follow Overhead costs: Equipment expense Indirect labor $73,000 $ 6,900 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost...
You skipped the queution in TB Problem Qu. 6-283 Spless Corporation has two major - appear below. Splece Corporation hno two major business segments-Apparel and Accessories. Data concerning those segments for December Sales revenues Apparel Variable expenses, Apparel Traceable fixed expenses, Apparel Sales revenues, Accessories R Variable expenses, Accessories Traceable fixed expenses, Accessories FELL 3717.000 $397,eee $125.000 $771, eee 3510, eee $176,000 Common fixed expenses totaled $181.000 and were allocated as follows: $74,000 to the Apparel business segment and $107,000...
Chapter 12 Quiz 0 Seved Help Save & Exit Submit TB MC Qu. 12-59 Lusk Corporation produces and sells ... Lusk Corporation produces and sells 15,300 units of Product X each month. The selling price of Product X is $23 per unit, and variable expenses are $17 per unit. A study has been made concerning whether Product X should be discontinued. The study shows that $74,000 of the $103.000 in monthly fixed expenses charged to Product X would not be...
TB MC Qu. 7-67 Feldpausch Corporation has provided the following... Feldpausch Corporation has provided the following data from its activity-based costing system Activity Cost Pool Assembly Processing orders Total Cost Total Activity $1,137,360 84,000 machine-hours $ 28,479 1,100 orders inspection- $ 97,155 1,270 hours Inspection The company makes 470 units of product W268 a year, requiring a total of 660 machine-hours, 50 orders, and 40 inspection-hours per year. The product's direct materials cost is $40.30 per unit and its direct...
Most questions answered within 3 hours.
-
Explain how taking an SGLT-2 inhibitor, along with taking
insulin leads to ketoacidosis in people who...
asked 23 seconds from now -
Show the truth table of the
gates needed to control the PISO internal FF, has a...
asked 2 minutes ago -
If X ~ N(50; 100); Determine the value of '' k '' for both
situation:
a)...
asked 21 minutes ago -
In paired t-test, what's the difference between using pooled
variance and using the standard deviation of...
asked 22 minutes ago -
What are the major ethical theories, and how do they apply to
the role of a...
asked 22 minutes ago -
''Driving the call for multilateralism in trade at the summit
was Chinese President Xi Jinping, whose...
asked 15 minutes ago -
Present one method for changing health behavior that you think is
particularly effective.
Describe how one...
asked 24 minutes ago -
Is Goldicks negligent conduct committed within the
scope of his employment for Lapp Roofing liable
asked 37 minutes ago -
What are the effects of IMC-based PID controller and
Zeigler-Nicholas parameters on the specifications of a...
asked 41 minutes ago -
1. Explain the tem (10) Key Success Factors in Contemporary
Selling
asked 55 minutes ago -
It's absolutely linked, the effectiveness of the CP Coordinator
and the success of the business impact...
asked 1 hour ago -
where does leadership reside in belief theory
asked 1 hour ago