Homework Answers
Requirement 1
| Economy | Standard | Deluxe | |
| Contribution margin per unit | $ 15.00 | $ 31.00 | $ 54.00 |
Requirement 2
Ignoring machine hours which product should be produced= Deluxe
Requirement 3
| Economy | Standard | Deluxe | |
| Contribution margin per limited resource | $ 30.00 | $ 38.75 | $ 33.75 |
Requirement 4
The additional time should be used to produce = Standard.
Working
| Statement of ranking indicating which product to produced first, second and third | |||
| Product | |||
| Economy | Standard | Deluxe | |
| Sales price per unit | $ 31.00 | $ 51.00 | $ 102.00 |
| Variable cost per unit | $ 16.00 | $ 20.00 | $ 48.00 |
| Contribution margin per unit | $ 15.00 | $ 31.00 | $ 54.00 |
| Divided by: Machine hours per unit | 0.50 | 0.80 | 1.60 |
| Contribution margin per machine hour | $ 30.00 | $ 38.75 | $ 33.75 |
| Ranking | Third | First | Second |
| Produce | Third | First | Second |
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Question 1 of 2 < > - 71 View Policies Current Attempt in Progress Tanek Industries...
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop...
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Product Standard $68 $27 Economy $41 $22 0.5 Selling price Variable costs and expenses Machine hours required Deluxe $136 $54 1.6 0.8 Calculate contribution margin per unit. Product Standard Economy Deluxe Contribution...
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop...
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Product Economy Standard Deluxe $72 $144 $23 $29 $66 0.8 1.6 Selling price Variable costs and expenses Machine hours required $43 0.5 Calculate contribution margin per unit. Product Standard Economy Deluxe Contribution...
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop...
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Selling price Variable costs and expenses Machine hours required Economy $36 $19 0.5 Product Standard $60 $24 0.8 Deluxe $120 $56 1.6 Calculate contribution margin per unit. Product Standard Economy Deluxe Contribution...
Problem 19-4A Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although...
Problem 19-4A
Tanek Industries manufactures and sells three different models
of wet-dry shop vacuum cleaners. Although the shop vacs vary in
terms of quality and features, all are good sellers. Tanek is
currently operating at full capacity with limited machine
time.
Sales and production information relevant to each model
follows.
Problem 19-4A Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers....
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop...
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Product Economy Standard Deluxe Selling price $35 $58 $115 Variable costs and expenses $18 $23 $53 Machine hours required 0.5 0.8 1.6 Calculate contribution margin per unit. Product Economy Standard Deluxe Contribution...
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs...
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Product Standard Deluxe Economy $38 Selling price Variable costs and expenses Machine hours required $63 $25 0.8 $125 $58 $20 0.5 1.6 Calculate contribution margin per unit. Product Standard Economy Deluxe Contribution...
Determine sales mix with limited resources. P6.4A (LO 3), AN Tanek Industries manufactures and sells three different mo...
Determine sales mix with limited resources. P6.4A (LO 3), AN Tanek Industries manufactures and sells three different models of wet-dry shop vac- uum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Economy $30 Product Standard $50 Selling price Variable costs and expenses Machine hours required Deluxe $100 $46 1.6 $16 $20 0.5...
6.6 (LO 2), AP Yard Tools lawnmowers unit contribution margin are as follows. s manufactures lawnmowers,...
6.6 (LO 2), AP Yard Tools lawnmowers unit contribution margin are as follows. s manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and pute break-even point n unts for acompany with more than one produt Sales Mix Unit Contribution Lawnmowers Weed-trimmers Chainsaws 20% 50% 30% $30 $20 $40 Yard Tools has fixed costs of $4,200,000 Instructions Compute the number of units of each product that Yard Tools must sell in order to break even under this product mix. Tanek Industries...
Question 1 of 1 < > - 71 View Policies Current Attempt in Progress Ivanhoe Company...
Question 1 of 1 < > - 71 View Policies Current Attempt in Progress Ivanhoe Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2020, management estimates the following revenues and costs. Sales $1,650,000 460,000 330,000 350,000 180,000 Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $76.500 51,000 21,000 99,000...
Question 3 --/1 View Policies Current Attempt in Progress Determine the missing amounts. Unit Selling Price...
Question 3 --/1 View Policies Current Attempt in Progress Determine the missing amounts. Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio $900 $522 $ $184 $400 $ (e) $ $300 20 e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Product Standard $68 $27 Economy $41 $22 0.5 Selling price Variable costs and expenses Machine hours required Deluxe $136 $54 1.6 0.8 Calculate contribution margin per unit. Product Standard Economy Deluxe Contribution...
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Product Economy Standard Deluxe $72 $144 $23 $29 $66 0.8 1.6 Selling price Variable costs and expenses Machine hours required $43 0.5 Calculate contribution margin per unit. Product Standard Economy Deluxe Contribution...
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Selling price Variable costs and expenses Machine hours required Economy $36 $19 0.5 Product Standard $60 $24 0.8 Deluxe $120 $56 1.6 Calculate contribution margin per unit. Product Standard Economy Deluxe Contribution...
Problem 19-4A
Tanek Industries manufactures and sells three different models
of wet-dry shop vacuum cleaners. Although the shop vacs vary in
terms of quality and features, all are good sellers. Tanek is
currently operating at full capacity with limited machine
time.
Sales and production information relevant to each model
follows.
Problem 19-4A Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers....
Tanek Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Product Standard Deluxe Economy $38 Selling price Variable costs and expenses Machine hours required $63 $25 0.8 $125 $58 $20 0.5 1.6 Calculate contribution margin per unit. Product Standard Economy Deluxe Contribution...
Determine sales mix with limited resources. P6.4A (LO 3), AN Tanek Industries manufactures and sells three different models of wet-dry shop vac- uum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Tanek is currently operating at full capacity with limited machine time. Sales and production information relevant to each model follows. Economy $30 Product Standard $50 Selling price Variable costs and expenses Machine hours required Deluxe $100 $46 1.6 $16 $20 0.5...
6.6 (LO 2), AP Yard Tools lawnmowers unit contribution margin are as follows. s manufactures lawnmowers, weed-trimmers, and chainsaws. Its sales mix and pute break-even point n unts for acompany with more than one produt Sales Mix Unit Contribution Lawnmowers Weed-trimmers Chainsaws 20% 50% 30% $30 $20 $40 Yard Tools has fixed costs of $4,200,000 Instructions Compute the number of units of each product that Yard Tools must sell in order to break even under this product mix. Tanek Industries...
Question 1 of 1 < > - 71 View Policies Current Attempt in Progress Ivanhoe Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2020, management estimates the following revenues and costs. Sales $1,650,000 460,000 330,000 350,000 180,000 Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed Selling expenses-variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $76.500 51,000 21,000 99,000...
Question 3 --/1 View Policies Current Attempt in Progress Determine the missing amounts. Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio $900 $522 $ $184 $400 $ (e) $ $300 20 e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer
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