Orchid Corp. has a selling price of $20, variable costs of S16 per unit, and fixed...

Question

Question

Answer 1

Answer #1

Ans. Option 1st $58,000

*Working Notes:

*Calculation for contribution margin per unit:

Contribution margin per unit = Selling price per unit - Variable cost per unit

= $20 - $16

= $4 per unit

*Calculation of total contribution margin:

Contribution margin = Contribution margin per unit * Sales units

= $4 * 14,500

= $58,000

Answer 2

Similar Homework Help Questions

Knox Corp has a selling price of $14, variable costs of $11.34 per unit, and fixed...

Knox Corp has a selling price of $14, variable costs of $11.34 per unit, and fixed costs of $25,500. If Knox sells 9,500 units, the contribution margin ratio will equal: Multiple Choice 19.00% 11.12% 7.88% 252.70%
Rose Corp, has contribution margin of $78,100, variable costs of $11.00 per unit, and fixed costs...

Rose Corp, has contribution margin of $78,100, variable costs of $11.00 per unit, and fixed costs of $38,000. If Rose sells 11,000 units, what was the selling price per unit? Multiple Choice o o o o
Maple Corp. has a selling price of $29, variable costs of $15 per unit, and fixed...

Maple Corp. has a selling price of $29, variable costs of $15 per unit, and fixed costs of $26,500. Maple expects profit of $317,000 at its anticipated level of production. What is Maple's unit contribution margin? Multiple Choice o o 514 50 o o o

Mapie Corp. has a selling price of $28, variable costs of $16 per unit, and fixed...

Mapie Corp. has a selling price of $28, variable costs of $16 per unit, and fixed costs of $28,500. Maple expects profit of $319,000 at its anticipated level of production. What is Maple's unit contribution margin? Multiple Choice ο $12.00 ο $28.00 ο $14.00 ο $36.00
Sugar Corp has a selling price of $22, variable costs of $10 per unit, and fixed...

Sugar Corp has a selling price of $22, variable costs of $10 per unit, and fixed costs of $25,500. Maple expects profit of $316,000 at its anticipated level of production. If Sugar sells 4,400 units more than expected, how much higher will its profits be? Multiple Choice $263,200 $52,800 $316,000 $96,800
Sugar Corp has a selling price of $22, variable costs of $10 per unit, and fixed...

Sugar Corp has a selling price of $22, variable costs of $10 per unit, and fixed costs of $25,500. Maple expects profit of $316,000 at its anticipated level of production. If Sugar sells 4.400 units more than expected, how much higher will its profits be? Multiple Choice o $52,800 o О 5316,000 o $96,800 o $263 200

Maple Corp. has a selling price of $22. variable costs of $10 per unit, and feed...

Maple Corp. has a selling price of $22. variable costs of $10 per unit, and feed costs of $25,500. Maple expects profit of $316,000 at its anticipated level of production. What is Maple's unit contribution margin? Multiple Choice $12.00 O $22.00 $1100 O $2700
Megan Company has fixed costs of $1,675,000. The unit selling price, variable cost per unit, and...

Megan Company has fixed costs of $1,675,000. The unit selling price, variable cost per unit, and contribution margin per unit for the two company's follow: Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,675,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $880 $440 $440 Zoro 620 480 The sales mix for products...
Fontaine Corp. has a selling price of $5 and variable costs of $3,40 per unit. When...

Fontaine Corp. has a selling price of $5 and variable costs of $3,40 per unit. When 18.000 units are sold, profits equaled $26,240. What is the margin of safety? Multiple Choice Ο Ο 55120 Ο Ο $82.000 Ο Ο S121240 Ο $26. 240

Steven Company has fixed costs of $185,484. The unit selling price, variable cost per unit, and...

Steven Company has fixed costs of $185,484. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price per Unit Variable Cost per Unit Contribution Margin per Unit X $768 $288 $480 Y 323 173 150 The sales mix for Products X and Y is 60% and 40%, respectively. Determine the break-even point in units of X and Y. Round answers to the nearest whole number. units...