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Company Amakes train cars. It currently makes three car types: Metro, MetroLux, and...
19. Everest, Inc, currently produces and sells three products (Cars, Trucks, and Vans). Data concerning those...
19. Everest, Inc, currently produces and sells three products (Cars, Trucks, and Vans). Data concerning those products for the most recent month appear below: Trucks Vans Sales $2,000,000 $3,000,000 $5,000,000 Variable costs $1,400,000 $1,500,000 $4,600,000 Cars Monthly fixed expenses for the company are $1,750,000. Assuming the sales mix stays consistent, how many sales (dollars) are needed in order to reach a desired profit of $4,000,000? 20. Using the information in #19 above, Everest's senior management team recognizes that margins vary...
Multiple Choice Questions 1. A company makes and sells product A and B. Twice as many...
Multiple Choice Questions 1. A company makes and sells product A and B. Twice as many units of product B are made and sold as that of product A. Each unit of product A makes a contribution of $10 and each unit of product B makes a contribution of $4. Fixed costs are $90,000. What is the total number of units which must be made and sold to make a profit of $45,000? A B C D 7500 22,500 15,000...
Multiple Choice Questions A company makes and sells product A and B. Twice as many units...
Multiple Choice Questions A company makes and sells product A and B. Twice as many units of product B are made and sold as that of product A. Each unit of product A makes a contribution of $10 and each unit of product B makes a contribution of $4. Fixed costs are $90,000. What is the total number of units which must be made and sold to make a profit of $45,000? A 7500 B 22,500 C 15,000 D 16875...
Stuart Corporation is a manufacturing company that makes small electric motors it sells for $53 per...
Stuart Corporation is a manufacturing company that makes small electric motors it sells for $53 per unit. The variable costs of production are $35 per motor, and annual fixed costs of production are $396,000. Required a. How many units of product must Stuart make and sell to break even? b. How many units of product must Stuart make and sell to earn a $72,000 profit? c. The marketing manager believes that sales would increase dramatically if the price were reduced...
Stone Corporation is a manufacturing company that makes small electric motors it sells for $45 per...
Stone Corporation is a manufacturing company that makes small electric motors it sells for $45 per unit. The variable costs of production are $25 per motor, and annual fixed costs of production are $800,000 Required a. How many units of product must Stone make and sell to break even? b. How many units of product must Stone make and sell to earn a $120,000 profit? c. The marketing manager believes that sales would increase dramatically if the price were reduced...
Husky Coffee makes three single cup coffee brewing machines for home and office that use specially...
Husky Coffee makes three single cup coffee brewing machines for home and office that use specially packaged portions of coffee, tea, and hot chocolate that can be purchased on-line from Husky Coffee or through specialty coffee shops. Data for the three models for the last fiscal year are as follows: Homeowner OfficeBasic OfficeDeluxe 30,000 $ 200 140 $ 60 Sales Volume (units) Unit Selling Price Variable Cost per unit | Contribution Margin per unit 12,000 $ 150 120 $ 30...
cab uou help me answer 1-5 and how to eneter on excel Project 1: CVP Income...
cab
uou help me answer 1-5 and how to eneter on excel
Project 1: CVP Income Statement (10 points) Instructions: Prepare your solutions in Excel, and upload your Excel file to Moodle by the deadline specified by your instructor. Do NOT email your file! The following information pertains to Fun in the Sun, Inc., a jet ski manufacturer: Buayered production costs for the coming year: Caterials per ski $ 575 Direct labor per ski Variable overhead per ski Total fixed...
please help me answer this by 10pm tonight. thank you!! Hometown Bakery sells three types of...
please help me answer this by 10pm tonight. thank you!!
Hometown Bakery sells three types of doughnuts: glazed, jelly, and cake. The following table shows the sales price and variable costs for each type. The bakery incurs $343,000 a year in fixed expenses. Assume that it sells 4 glazed doughnuts for every 1 jelly doughnut and every 1 cake doughnut. DOUGHNUT TYPE SALES PRICE VARIABLE COST Glazed $0.35 $0.26 Jelly $0.57 $0.49 Cake $0.43 $0.27 (a) Your answer is incorrect....
Karmin manufacturing inc., (KMI), makes cars and has just decided to start manufacturing a new model,...
Karmin manufacturing inc., (KMI), makes cars and has just decided to start manufacturing a new model, to be called Queen Herbie (QH), based on the Karman Ghia and VW bug, and is setting up a new division to make the new model. The budget for the first year for the new division follows. The two main parts of the new division will be the office administration run by Amy, and the factory plant run by Renee. Amy will have a...
Part B & C please Cawley Company makes three models of tasers. Information on the three...
Part B & C please
Cawley Company makes three models of tasers. Information on the three products is given below. Sales Variable expenses Contribution margin Fixed expenses Net income Tingler Shocker Stunner $302.000 $498,000 $200,000 150,900 193,100 137,700 151.100 304.900 62,300 121.412 232,988 96.200 $29,688 571,912 S[33.900) Fixed expenses consist of $306,000 of common costs allocated to the three products based on relative sales, as well as direct fixed expenses unique to each model of $29.000 (Tingler). $80,600 Shocker), and...
19. Everest, Inc, currently produces and sells three products (Cars, Trucks, and Vans). Data concerning those products for the most recent month appear below: Trucks Vans Sales $2,000,000 $3,000,000 $5,000,000 Variable costs $1,400,000 $1,500,000 $4,600,000 Cars Monthly fixed expenses for the company are $1,750,000. Assuming the sales mix stays consistent, how many sales (dollars) are needed in order to reach a desired profit of $4,000,000? 20. Using the information in #19 above, Everest's senior management team recognizes that margins vary...
Multiple Choice Questions 1. A company makes and sells product A and B. Twice as many units of product B are made and sold as that of product A. Each unit of product A makes a contribution of $10 and each unit of product B makes a contribution of $4. Fixed costs are $90,000. What is the total number of units which must be made and sold to make a profit of $45,000? A B C D 7500 22,500 15,000...
Stuart Corporation is a manufacturing company that makes small electric motors it sells for $53 per unit. The variable costs of production are $35 per motor, and annual fixed costs of production are $396,000. Required a. How many units of product must Stuart make and sell to break even? b. How many units of product must Stuart make and sell to earn a $72,000 profit? c. The marketing manager believes that sales would increase dramatically if the price were reduced...
Stone Corporation is a manufacturing company that makes small electric motors it sells for $45 per unit. The variable costs of production are $25 per motor, and annual fixed costs of production are $800,000 Required a. How many units of product must Stone make and sell to break even? b. How many units of product must Stone make and sell to earn a $120,000 profit? c. The marketing manager believes that sales would increase dramatically if the price were reduced...
Husky Coffee makes three single cup coffee brewing machines for home and office that use specially packaged portions of coffee, tea, and hot chocolate that can be purchased on-line from Husky Coffee or through specialty coffee shops. Data for the three models for the last fiscal year are as follows: Homeowner OfficeBasic OfficeDeluxe 30,000 $ 200 140 $ 60 Sales Volume (units) Unit Selling Price Variable Cost per unit | Contribution Margin per unit 12,000 $ 150 120 $ 30...
cab
uou help me answer 1-5 and how to eneter on excel
Project 1: CVP Income Statement (10 points) Instructions: Prepare your solutions in Excel, and upload your Excel file to Moodle by the deadline specified by your instructor. Do NOT email your file! The following information pertains to Fun in the Sun, Inc., a jet ski manufacturer: Buayered production costs for the coming year: Caterials per ski $ 575 Direct labor per ski Variable overhead per ski Total fixed...
please help me answer this by 10pm tonight. thank you!!
Hometown Bakery sells three types of doughnuts: glazed, jelly, and cake. The following table shows the sales price and variable costs for each type. The bakery incurs $343,000 a year in fixed expenses. Assume that it sells 4 glazed doughnuts for every 1 jelly doughnut and every 1 cake doughnut. DOUGHNUT TYPE SALES PRICE VARIABLE COST Glazed $0.35 $0.26 Jelly $0.57 $0.49 Cake $0.43 $0.27 (a) Your answer is incorrect....
Part B & C please
Cawley Company makes three models of tasers. Information on the three products is given below. Sales Variable expenses Contribution margin Fixed expenses Net income Tingler Shocker Stunner $302.000 $498,000 $200,000 150,900 193,100 137,700 151.100 304.900 62,300 121.412 232,988 96.200 $29,688 571,912 S[33.900) Fixed expenses consist of $306,000 of common costs allocated to the three products based on relative sales, as well as direct fixed expenses unique to each model of $29.000 (Tingler). $80,600 Shocker), and...
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