Homework Answers
| Answer | ||||
|
Company A |
Company B | |||
| Number of units sold | 5,100 | 2,450 | ||
| [ 525300 /103 ] | ||||
| Total | Per unit | Total | Per unit | |
| Sales | $ 525,300 | $ 103 | $ 335,650 | $ 137 |
| [ 142100+193550 ] | [ 335650/2450 ] | |||
| Variable costs | $ 336,600 | $ 66 | $ 142,100 | $ 58 |
| [ 336600 /5100 ] | [ 142100/2450 ] | |||
| Contribution margin | $ 188,700 | $ 37 | $ 193,550 | $ 79 |
| [ 525300-336600 ] | [ 188700/5100 ] | [ 193550/2450 ] | ||
| Fixed costs | $ 66,300 | $ 13 | $ 71,050 | $ 29 |
| [ 188700-122400 ] | [66300 /5100 ] | [ 71050/2450 ] | ||
| Net income | $ 122,400 | $ 24 | $ 122,500 | $ 50 |
| [ 122400 /5100 ] | [ 193550-71050 ] | [ 193550/2450 ] | ||
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Exercise 18-27 Contribution margin income statement LO A1 Compute the missing amounts in the contribution margin...
Exercise 21-27 Contribution margin income statement LO A1 Compute the missing amounts in the contribution margin...
Exercise 21-27 Contribution margin income statement LO A1 Compute the missing amounts in the contribution margin income statement shown below. (Round "Per Unit" answers to 2 decimal places.) Company A Company B $ 2,200 Number of units sold Total Per unit Total Per unit 340,300 $ Sales 83.00 Variable costs 83,600 229,600 Contribution margin 107,800 Fixed costs 41,800 $ 77,900 Net income
Ch 18 Homework 1 Problem 18-1A Contribution margin income statement and contribution margin ratio LO A1...
Ch 18 Homework 1 Problem 18-1A Contribution margin income statement and contribution margin ratio LO A1 The following costs result from the production and sale of 1,000 drum sets manufactured by Tight Drums Company for the year ended December 31, 2017. The drum sets sell for $500 each. The company has a 25 % Income tax rate. 166 points Variable production costs Plastic for casing Wages of assenbly workers Drun stands $ 17,000 82,000 26,000 eBook Variable selling costs Sales...
Compute the missing amounts in the contribution margin income statement shown below. (Round "Per Unit" answers...
Compute the missing amounts in the contribution margin income statement shown below. (Round "Per Unit" answers to 2 decimal places.) Company A Company B Number of units sold 2,425 Total Per unit Total Per unit Sales $505,000 $101.00 Variable costs 325,000 135,800 Contribution margin 184,300 Fixed costs 67,900 Net income $117,500
Compute the missing amounts in the contribution margin income statement shown below. (Round "Per Unit" answers...
Compute the missing amounts in the contribution margin income statement shown below. (Round "Per Unit" answers to 2 decimal places.) Company A Number of units sold Company B 2,325 Total Per unit Total Per unit $427,800 $ 93.00 280,600 Sales Variable costs Contribution margin Fixed costs Net income 111,600 148,800 55,800 $ 98.900
Compute the missing amounts in the contribution margin income statement shown below. places.) Company A Number...
Compute the missing amounts in the contribution margin income statement shown below. places.) Company A Number of units sold Company B 2,350 Total Per unit Total $ 446,500 291,400 Per unit $ 95.00 Sales Variable costs Contribution margin Foxed costs 117,500 157,450 58,750 Net income $ 103,400 < Prev 10 of 10 !! Next > Q Search or enter address
Problem 18-1A Contribution margin income statement and contribution margin ratio LO A1 The following costs result...
Problem 18-1A Contribution margin income statement and contribution margin ratio LO A1 The following costs result from the production and sale of 4.850 drum sets manufactured by Tight Drums Company for the year ended December 31, 2017. The drum sets sell for $335 each. The company has a 30% income tax rate. $164,900 480,150 288,550 oncos 155,200 Variable production costs Plastic for Casing Wages of assembly workers Drum stands Variable selling costs Sales commissions Fixed manufacturing costs Taxes on factory...
Problem 18-1A Contribution margin income statement and contribution margin ratio LO A1 The following costs result...
Problem 18-1A Contribution margin income statement and contribution margin ratio LO A1 The following costs result from the production and sale of 4,650 drum sets manufactured by Tight Drums Company for the year ended December 31, 2019. The drum sets sell for $315 each. The company has a 30% income tax rate. $ 139,500 101.750 181,350 130,200 Variable production costs Plastic for casing Wages of assembly workers Drum Stands Variable selling costs Sales Comissions Fixed manufacturing costs Taxes on factory...
1 Problem 18-1A Contribution margin income statement and contribution margin ratio LO A1 20 points The...
1 Problem 18-1A Contribution margin income statement and contribution margin ratio LO A1 20 points The following costs result from the production and sale of 1,000 drum sets manufactured by Tight Drums Company for the year ended December 31, 2017. The drum sets sell for $500 each. The company has a 25% Income tax rate. eBook Print $ 17,000 82,000 26,000 References 15,000 Variable production costs Plastic for casing Wages of assembly workers Drum stands Variable selling costs Sales commissions...
Problem 21-1A Contribution margin income statement and contribution margin ratio LO A1 The following costs result...
Problem 21-1A Contribution margin income statement and contribution margin ratio LO A1 The following costs result from the production and sale of 4,000 drum sets manufactured by Tight Drums Company for the year ended December 31, 2017. The drum sets sell for $250 each. The company has a 25% income tax rate. $ 68,000 328,000 104,000 60,000 Variable production costs Plastic for casing Wages of assembly workers Drum stands Variable selling costs Sales commissions Fixed manufacturing costs Taxes on factory...
Hudson Co. reports the contribution margin income statement for 2019 below. Using this information, compute Hudson...
Hudson Co. reports the contribution margin income statement for 2019 below. Using this information, compute Hudson Co.'s (1) break-even point in units and (2) break-even point in sales dollars. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (9,600 units at $225 each) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs Pretax income $2,160,000 1,728,000 432,000 324,000 $ 108,000 Use the amounts shown on the contribution margin income statements below to compute the missing amounts...
Exercise 21-27 Contribution margin income statement LO A1 Compute the missing amounts in the contribution margin income statement shown below. (Round "Per Unit" answers to 2 decimal places.) Company A Company B $ 2,200 Number of units sold Total Per unit Total Per unit 340,300 $ Sales 83.00 Variable costs 83,600 229,600 Contribution margin 107,800 Fixed costs 41,800 $ 77,900 Net income
Ch 18 Homework 1 Problem 18-1A Contribution margin income statement and contribution margin ratio LO A1 The following costs result from the production and sale of 1,000 drum sets manufactured by Tight Drums Company for the year ended December 31, 2017. The drum sets sell for $500 each. The company has a 25 % Income tax rate. 166 points Variable production costs Plastic for casing Wages of assenbly workers Drun stands $ 17,000 82,000 26,000 eBook Variable selling costs Sales...
Compute the missing amounts in the contribution margin income statement shown below. (Round "Per Unit" answers to 2 decimal places.) Company A Number of units sold Company B 2,325 Total Per unit Total Per unit $427,800 $ 93.00 280,600 Sales Variable costs Contribution margin Fixed costs Net income 111,600 148,800 55,800 $ 98.900
Compute the missing amounts in the contribution margin income statement shown below. places.) Company A Number of units sold Company B 2,350 Total Per unit Total $ 446,500 291,400 Per unit $ 95.00 Sales Variable costs Contribution margin Foxed costs 117,500 157,450 58,750 Net income $ 103,400 < Prev 10 of 10 !! Next > Q Search or enter address
Problem 18-1A Contribution margin income statement and contribution margin ratio LO A1 The following costs result from the production and sale of 4.850 drum sets manufactured by Tight Drums Company for the year ended December 31, 2017. The drum sets sell for $335 each. The company has a 30% income tax rate. $164,900 480,150 288,550 oncos 155,200 Variable production costs Plastic for Casing Wages of assembly workers Drum stands Variable selling costs Sales commissions Fixed manufacturing costs Taxes on factory...
Problem 18-1A Contribution margin income statement and contribution margin ratio LO A1 The following costs result from the production and sale of 4,650 drum sets manufactured by Tight Drums Company for the year ended December 31, 2019. The drum sets sell for $315 each. The company has a 30% income tax rate. $ 139,500 101.750 181,350 130,200 Variable production costs Plastic for casing Wages of assembly workers Drum Stands Variable selling costs Sales Comissions Fixed manufacturing costs Taxes on factory...
1 Problem 18-1A Contribution margin income statement and contribution margin ratio LO A1 20 points The following costs result from the production and sale of 1,000 drum sets manufactured by Tight Drums Company for the year ended December 31, 2017. The drum sets sell for $500 each. The company has a 25% Income tax rate. eBook Print $ 17,000 82,000 26,000 References 15,000 Variable production costs Plastic for casing Wages of assembly workers Drum stands Variable selling costs Sales commissions...
Problem 21-1A Contribution margin income statement and contribution margin ratio LO A1 The following costs result from the production and sale of 4,000 drum sets manufactured by Tight Drums Company for the year ended December 31, 2017. The drum sets sell for $250 each. The company has a 25% income tax rate. $ 68,000 328,000 104,000 60,000 Variable production costs Plastic for casing Wages of assembly workers Drum stands Variable selling costs Sales commissions Fixed manufacturing costs Taxes on factory...
Hudson Co. reports the contribution margin income statement for 2019 below. Using this information, compute Hudson Co.'s (1) break-even point in units and (2) break-even point in sales dollars. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (9,600 units at $225 each) Variable costs (9,600 units at $180 each) Contribution margin Fixed costs Pretax income $2,160,000 1,728,000 432,000 324,000 $ 108,000 Use the amounts shown on the contribution margin income statements below to compute the missing amounts...
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