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Vaughn, Inc. sold 17,000 units last year for $190 each. Variable costs per unit were $48...
Vaughn, Inc. sold 13,000 units last year for $180 each. Variable costs per unit were $36...
Vaughn, Inc. sold 13,000 units last year for $180 each. Variable costs per unit were $36 for direct materials, $63 for direct labor, and $9 for variable overhead. Fixed costs were $22,000 in manufacturing overhead and $25,000 in nonmanufacturing costs. a. What is the total contribution margin? Total Contribution Margin b. What is the unit contribution margin? Unit Contribution Margin c. What is the contribution margin ratio? Contribution Margin Ratio % d. If sales increase by 3,000 units, by how...
Chilton, Inc. sold 12.900 units last year for $20 each. Variable costs per unit were $2.00...
Chilton, Inc. sold 12.900 units last year for $20 each. Variable costs per unit were $2.00 for direct materials, $2.10 for direct labor, and $3.20 for variable overhead. Fixed costs were $60,000 in manufacturing overhead and $40,300 in nonmanufacturing costs. a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.) Total Contribution Margin b. What is the unit contribution margin? (Round your answer to 2 decimal places.) Unit Contribution Margin c. What is the contribution...
Chilton, Inc. sold 11,700 units last year for $21 each. Variable costs per unit were $2.00...
Chilton, Inc. sold 11,700 units last year for $21 each. Variable costs per unit were $2.00 for direct materials, $2.10 for direct labor, and $3.40 for variable overhead. Fixed costs were $61,800 in manufacturing overhead and $41,100 in nonmanufacturing costs. a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.) b. What is the unit contribution margin? (Round your answer to 2 decimal places.) c. What is the contribution margin ratio? (Round your intermediate calculations...
Problem 5-121 [LO 5-5) Chilton, Inc. sold 11,700 units last year for $21 each. Variable costs...
Problem 5-121 [LO 5-5) Chilton, Inc. sold 11,700 units last year for $21 each. Variable costs per unit were $2.00 for direct $60,600 in manufacturing overhead and $40,200 in nonmanufacturing costs. materials, $3.00 for direct labor, and $3.10 for variable overhead. Fixed costs were a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.) b. What is the unit contribution margin? (Round your answer to 2 decimal places.) c. What is the contribution margin ratio?...
help asap L return total last year for $180 each. variable [ll. vauan the sold 29,000...
help asap
L return total last year for $180 each. variable [ll. vauan the sold 29,000 units erelo uni 2. Sift + loo 1,40 costs per unit were 5445 for direct materials, $143 for direct labor and $19 for variable overhead. Fixed costs were $23,000 in manufacturing overhead and $139,000 in non manufacturing costs. A. what is total contribution margin Total P. It sales increase condroun # by 5,000 units margin by how muen B. what is the unit will...
23. Information for a company is shown below. Variable costs per unit: $10.00 direct materials $9.00...
23. Information for a company is shown below. Variable costs per unit: $10.00 direct materials $9.00 for direct labor $6.00 for variable overhead. Total fixed costs: $100,000 in manufacturing overhead and $80,000 in nonmanufacturing costs Assume the company sold75,000 units for $35,00 cach. a. What is the Unit contribution margin? b. Contribution margin ratio? c. Break-even point in units? Dollars? d. If I told you the unit contribution was $12, what is the amount of contribution margin in dollars if...
This year Burchard Company sold 35,000 units of its only product for $16.00 per unit. Manufacturing...
This year Burchard Company sold 35,000 units of its only product for $16.00 per unit. Manufacturing and selling the product required $120,000 of fixed manufacturing costs and $180,000 of fixed selling and administrative costs. Its per unit variable costs follow. Material Direct labor (paid on the basis of completed units) Variable overhead costs Variable selling and administrative costs $ 4.00 3.00 0.40 0.20 Next year the company will use new material, which will reduce material costs by 60% and direct...
This year Burchard Company sold 28.000 units of its only product for $19.40 per unit. Manufacturing...
This year Burchard Company sold 28.000 units of its only product for $19.40 per unit. Manufacturing and selling the product required $113.000 of fixed manufacturing costs and $173.000 of fixed selling and administrative costs. Its per unit variable costs follow. $ 3.30 2.30 Material Direct labor (paid on the basis of completed units) Variable overhead costs Variable selling and administrative costs 0.33 0.13 Next year the company will use a new material, which will reduce material costs by 50% and...
Zoom Company produces widgets. The widgets are sold for $3.00 per unit to wholesalers. Unit variable...
Zoom Company produces widgets. The widgets are sold for $3.00 per unit to wholesalers. Unit variable cost are 60%. For the year 2019, management estimates the following revenues and costs. $ Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed Selling expenses - variable Selling expenses - fixed SGA expenses - Variable SGA expenses- fixed 2,500,000 630,000 560,000 350,000 480,000 80,000 85,000 40,000 100,000 5 Instructions: 6 (a) Compute the contribution margin ratio. (Round to the nearest full percent.) Instructions:...
In 2016, Vaughn Manufacturing sold 3000 units at $1000 each. Variable expenses were $560 per unit,...
In 2016, Vaughn Manufacturing sold 3000 units at $1000 each. Variable expenses were $560 per unit, and fixed expenses were $780000. The same variable expenses per unit and fixed expenses are expected for 2017. If Vaughn cuts selling price by 4%, what is Vaughn’s break-even point in units for 2017? a. 1773. b. 1875. c. 1950. d. 1847.
Vaughn, Inc. sold 13,000 units last year for $180 each. Variable costs per unit were $36 for direct materials, $63 for direct labor, and $9 for variable overhead. Fixed costs were $22,000 in manufacturing overhead and $25,000 in nonmanufacturing costs. a. What is the total contribution margin? Total Contribution Margin b. What is the unit contribution margin? Unit Contribution Margin c. What is the contribution margin ratio? Contribution Margin Ratio % d. If sales increase by 3,000 units, by how...
Chilton, Inc. sold 12.900 units last year for $20 each. Variable costs per unit were $2.00 for direct materials, $2.10 for direct labor, and $3.20 for variable overhead. Fixed costs were $60,000 in manufacturing overhead and $40,300 in nonmanufacturing costs. a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.) Total Contribution Margin b. What is the unit contribution margin? (Round your answer to 2 decimal places.) Unit Contribution Margin c. What is the contribution...
Problem 5-121 [LO 5-5) Chilton, Inc. sold 11,700 units last year for $21 each. Variable costs per unit were $2.00 for direct $60,600 in manufacturing overhead and $40,200 in nonmanufacturing costs. materials, $3.00 for direct labor, and $3.10 for variable overhead. Fixed costs were a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.) b. What is the unit contribution margin? (Round your answer to 2 decimal places.) c. What is the contribution margin ratio?...
help asap
L return total last year for $180 each. variable [ll. vauan the sold 29,000 units erelo uni 2. Sift + loo 1,40 costs per unit were 5445 for direct materials, $143 for direct labor and $19 for variable overhead. Fixed costs were $23,000 in manufacturing overhead and $139,000 in non manufacturing costs. A. what is total contribution margin Total P. It sales increase condroun # by 5,000 units margin by how muen B. what is the unit will...
23. Information for a company is shown below. Variable costs per unit: $10.00 direct materials $9.00 for direct labor $6.00 for variable overhead. Total fixed costs: $100,000 in manufacturing overhead and $80,000 in nonmanufacturing costs Assume the company sold75,000 units for $35,00 cach. a. What is the Unit contribution margin? b. Contribution margin ratio? c. Break-even point in units? Dollars? d. If I told you the unit contribution was $12, what is the amount of contribution margin in dollars if...
This year Burchard Company sold 35,000 units of its only product for $16.00 per unit. Manufacturing and selling the product required $120,000 of fixed manufacturing costs and $180,000 of fixed selling and administrative costs. Its per unit variable costs follow. Material Direct labor (paid on the basis of completed units) Variable overhead costs Variable selling and administrative costs $ 4.00 3.00 0.40 0.20 Next year the company will use new material, which will reduce material costs by 60% and direct...
This year Burchard Company sold 28.000 units of its only product for $19.40 per unit. Manufacturing and selling the product required $113.000 of fixed manufacturing costs and $173.000 of fixed selling and administrative costs. Its per unit variable costs follow. $ 3.30 2.30 Material Direct labor (paid on the basis of completed units) Variable overhead costs Variable selling and administrative costs 0.33 0.13 Next year the company will use a new material, which will reduce material costs by 50% and...
Zoom Company produces widgets. The widgets are sold for $3.00 per unit to wholesalers. Unit variable cost are 60%. For the year 2019, management estimates the following revenues and costs. $ Sales Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed Selling expenses - variable Selling expenses - fixed SGA expenses - Variable SGA expenses- fixed 2,500,000 630,000 560,000 350,000 480,000 80,000 85,000 40,000 100,000 5 Instructions: 6 (a) Compute the contribution margin ratio. (Round to the nearest full percent.) Instructions:...
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