Homework Answers
First we will calculate the contribution margin of each product by the following formulia:
Contribution margin = Selling price - Variable cost.
For A12:
Contribution margin = $58 - $44 = $14 per unit
For B22:
Contribution margin = $107 - $81 = $26 per unit
For C124:
Contribution margin = $415 - $309 = $106 per unit
Now, we will calculate the weighted contribution margin, which is the weighted average of contribution margin per unit for the three models given:
Weighted contribution margin = (59%* $14) + (30% * $26) + (11% * $106)
Weighted contribution margin = $8.26 + $7.8 + $11.66 = $27.72
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MANAGERIAL ACCOUNTING (ACCT 212 Weygandt, Managerial Accounting, Se Assignment Gradebook ORION Downloadable eTextbook • ent ATOR...
Brief Exercise 6-7 NoFly Corporation sells three different models of a mosquito “zapper.” Model A12 sells for $55 and ha...
Brief Exercise 6-7
NoFly Corporation sells three different models of a mosquito
“zapper.” Model A12 sells for $55 and has variable costs of $40.
Model B22 sells for $107 and has variable costs of $79. Model C124
sells for $414 and has variable costs of $307. The sales mix of the
three models is A12, 55%; B22, 29%; and C124, 16%.
What is the weighted-average unit contribution margin?
(Round answer to 2 decimal places, e.g.
15.50.)
Weighted-Average Unit Contribution Margin...
Question 3 Coronado Corporation sells three different models of a mosquito "zapper." Model A12 sells for...
Question 3 Coronado Corporation sells three different models of a mosquito "zapper." Model A12 sells for $54 and has variable costs of $39. Model B22 sells for $105 and has variable costs of $73. Model C124 sells for $411 and has variable costs of $309. The sales mix of the three models is A12, 59%; B22, 30%; and C124, 11%. What is the weighted average unit contribution margin? (Round answer to 2 decimal places, e.g. 15.50.) Weighted-Average Unit Contribution Margin...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 6-7 NoFly Corporation sells three different models...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 6-7 NoFly Corporation sells three different models of a mosquito "zapper. Model A12 sells for $57 and has variable costs of $43. Model B22 sells for $109 and has variable costs of $72. Model C124 sells for $407 and has variable costs of $303. The sales mix of the three models is A12, 55%; B22, 30%, and C124, 15%. What is the weighted average unit contribution margin? (Round answer to 2...
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Weygandt, Managerial Accounting, 7e WilayPLUSS Introductory Managerial Accounting tice Assignment Gradebook ORION Downloadable eTextbook Bent CALCULATOR...
Weygandt, Managerial Accounting, 7e WilayPLUSS Introductory Managerial Accounting tice Assignment Gradebook ORION Downloadable eTextbook Bent CALCULATOR HEVAGE HY INSTRUCTOR Brief Exercise 11-1 Lopez Company uses both standards and budgets. For the year estimated production of Product is 527,000 units. Total estimated cost for materials and labor are $1,264,800 and $1,686,400 Compute the estimates for (a) a standard cost and (b) a budgeted cost. (Round standard costs to 2 decimal places, .. 1.25.) Materials Labor (a) Standard cost $ (b) Budgeted...
NoFly Corporation sells three different models of a mosquito “zapper.” Model A12 sells for $60 and...
NoFly Corporation sells three different models of a mosquito “zapper.” Model A12 sells for $60 and has variable costs of $41. Model B22 sells for $108 and has variable costs of $76. Model C124 sells for $405 and has variable costs of $313. The sales mix of the three models is A12, 58%; B22, 30%; and C124, 12%. If the company has fixed costs of $234,284, how many units of each model must the company sell in order to break...
NoFly Corporation sells three different models of a mosquito “zapper.” Model A12 sells for $61 and...
NoFly Corporation sells three different models of a mosquito “zapper.” Model A12 sells for $61 and has variable costs of $37. Model B22 sells for $110 and has variable costs of $78. Model C124 sells for $421 and has variable costs of $319. The sales mix of the three models is A12, 56%; B22, 29%; and C124, 15%. If the company has fixed costs of $274,504, how many units of each model must the company sell in order to break...
MANAGERIAL ACCO Weygandt, Managerial Accounting, Se tice Assignment Gradebook ORION Downloadable eTextbook ment LCULATOR FULL SCREEN...
MANAGERIAL ACCO Weygandt, Managerial Accounting, Se tice Assignment Gradebook ORION Downloadable eTextbook ment LCULATOR FULL SCREEN PRINTER VERSI Exercise 9-13 (Part Level Submission) (Video) Fultz Company has accumulated the following budget data for the year 2020. 1. Sales: 31,360 units, unit selling price $87. 2. Cost of one unit of finished goods: direct materials 1 pound at $5 per pound, direct labor 3 hours at $10 per hour, and manufacturing overhead $8 per direct labor hour. 3. Inventories (raw materials...
Question 7 NoFly Corporation sells three different models of a mosquito "zapper." Model A12 sells for...
Question 7 NoFly Corporation sells three different models of a mosquito "zapper." Model A12 sells for $51 and has variable costs of $42. Model B22 sells for $109 and has variable costs of $74. Model C124 sells for $413 and has variable costs of $308. The sales mix of the three models is A12, 60%; B22, 27%; and C124 , 13%. If the company has fixed costs of $195,795, how many units of each model must the company sell in...
gewys. WileyPLUS: MYWEYPLUS | Help Contact Us | Lo Weygandt, Managerial Accounting, Se Assignment Gradebook ORION...
gewys. WileyPLUS: MYWEYPLUS | Help Contact Us | Lo Weygandt, Managerial Accounting, Se Assignment Gradebook ORION Downloadable eTextbook MANAGERIAL ACCOUNTING (ACCT 2 FULL SCREEN PRINTER VERSION BACK NEX Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,700 units quarter 1; 22,700 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense...
Brief Exercise 6-7
NoFly Corporation sells three different models of a mosquito
“zapper.” Model A12 sells for $55 and has variable costs of $40.
Model B22 sells for $107 and has variable costs of $79. Model C124
sells for $414 and has variable costs of $307. The sales mix of the
three models is A12, 55%; B22, 29%; and C124, 16%.
What is the weighted-average unit contribution margin?
(Round answer to 2 decimal places, e.g.
15.50.)
Weighted-Average Unit Contribution Margin...
Question 3 Coronado Corporation sells three different models of a mosquito "zapper." Model A12 sells for $54 and has variable costs of $39. Model B22 sells for $105 and has variable costs of $73. Model C124 sells for $411 and has variable costs of $309. The sales mix of the three models is A12, 59%; B22, 30%; and C124, 11%. What is the weighted average unit contribution margin? (Round answer to 2 decimal places, e.g. 15.50.) Weighted-Average Unit Contribution Margin...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 6-7 NoFly Corporation sells three different models of a mosquito "zapper. Model A12 sells for $57 and has variable costs of $43. Model B22 sells for $109 and has variable costs of $72. Model C124 sells for $407 and has variable costs of $303. The sales mix of the three models is A12, 55%; B22, 30%, and C124, 15%. What is the weighted average unit contribution margin? (Round answer to 2...
Weygandt, Financial and Managerial, 3e Assignment Gradebook ORION INTRODUCTION TO ACCOUNTING (ACCT 2001/2 Downloadable eTextbook nt CALCULATOR FULL SCREEN BACK Brief Exercise 15-10 At December 31, balances in Manufacturing Overhead are Waterway Company-debit $1,490, Crane Company-credit $1,020 Prepare the adjusting entry for each company at December 31, assuming the adjustment is made to cost of goods sold. (Credit account titles are automatically indented when amount i entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Waterway Company...
Weygandt, Managerial Accounting, 7e WilayPLUSS Introductory Managerial Accounting tice Assignment Gradebook ORION Downloadable eTextbook Bent CALCULATOR HEVAGE HY INSTRUCTOR Brief Exercise 11-1 Lopez Company uses both standards and budgets. For the year estimated production of Product is 527,000 units. Total estimated cost for materials and labor are $1,264,800 and $1,686,400 Compute the estimates for (a) a standard cost and (b) a budgeted cost. (Round standard costs to 2 decimal places, .. 1.25.) Materials Labor (a) Standard cost $ (b) Budgeted...
MANAGERIAL ACCO Weygandt, Managerial Accounting, Se tice Assignment Gradebook ORION Downloadable eTextbook ment LCULATOR FULL SCREEN PRINTER VERSI Exercise 9-13 (Part Level Submission) (Video) Fultz Company has accumulated the following budget data for the year 2020. 1. Sales: 31,360 units, unit selling price $87. 2. Cost of one unit of finished goods: direct materials 1 pound at $5 per pound, direct labor 3 hours at $10 per hour, and manufacturing overhead $8 per direct labor hour. 3. Inventories (raw materials...
Question 7 NoFly Corporation sells three different models of a mosquito "zapper." Model A12 sells for $51 and has variable costs of $42. Model B22 sells for $109 and has variable costs of $74. Model C124 sells for $413 and has variable costs of $308. The sales mix of the three models is A12, 60%; B22, 27%; and C124 , 13%. If the company has fixed costs of $195,795, how many units of each model must the company sell in...
gewys. WileyPLUS: MYWEYPLUS | Help Contact Us | Lo Weygandt, Managerial Accounting, Se Assignment Gradebook ORION Downloadable eTextbook MANAGERIAL ACCOUNTING (ACCT 2 FULL SCREEN PRINTER VERSION BACK NEX Exercise 9-12 Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2020, the following data are available. 1. Sales: 20,700 units quarter 1; 22,700 units quarter 2. 2. Variable costs per dollar of sales: sales commissions 5%, delivery expense...
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