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L return total last year for $180 each. variable [ll. vauan the sold 29,000...
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...
Vaughn, Inc. sold 17,000 units last year for $190 each. Variable costs per unit were $48...
Vaughn, Inc. sold 17,000 units last year for $190 each. Variable costs per unit were $48 for direct materials, $38 for direct labor, and $10 for variable overhead. Fixed costs were $35,000 in manufacturing overhead and $37.000 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 % ho d. If sales increase by 6,000 units, by...
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...
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...
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 1. Acme company sold 1,050 units for $115 cach. variable costs were $70 per...
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1. Acme company sold 1,050 units for $115 cach. variable costs were $70 per unit, and total fixed expenses were $123,300 Prepare a contribution margin income statement. contrittlin margin income stamat + prop down list -cost of goods # # # # # # sold I fixed costs Gross norain In trest Exper wet income after taxes incorre contributin marting # Net orratry sales reron variable costs
Krepps Corporation produces a single product. Last year, Krepps manufactured 20,000 units and sold 15,000 units....
Krepps Corporation produces a single product. Last year, Krepps manufactured 20,000 units and sold 15,000 units. Production costs for the year were as follows: Direct materials $ 170,000 Direct labor $ 110,000 Variable manufacturing overhead $ 200,000 Fixed manufacturing overhead $ 240,000 Sales totaled $825,000 for the year, variable selling and administrative expenses totaled $108,000, and fixed selling and administrative expenses totaled $165,000. There was no beginning inventory. Assume that direct labor is a variable cost. The contribution margin per...
Krepps Corporation produces a single product. Last year, Krepps manufactured 33,910 units and sold 28,100 units....
Krepps Corporation produces a single product. Last year, Krepps manufactured 33,910 units and sold 28,100 units. Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $247,543 $176,332 $284,844 474,740 Sales totaled $1,405,000 for the year, variable selling and administrative expenses totaled $148,930, and fixed selling and administrative expenses totaled $247,543. There was no beginning inventory. Assume that direct labor is a variable cost. The contribution margin per unit was:
Krepps Corporation produces a single product. Last year, Krepps manufactured 35,250 units and sold 29,700 units....
Krepps Corporation produces a single product. Last year, Krepps manufactured 35,250 units and sold 29,700 units. Production costs for the year were as follows: Direct materials $ 257,325 Direct labor $ 179,775 Variable manufacturing overhead $ 267,900 Fixed manufacturing overhead $ 634,500 Sales totaled $1,351,350 for the year, variable selling and administrative expenses totaled $151,470, and fixed selling and administrative expenses totaled $257,325. There was no beginning inventory. Assume that direct labor is a variable cost. The contribution margin per...
help asap -cost of goods reen Lic + 1. Acme company sold 1,050 units for $...
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-cost of goods reen Lic + 1. Acme company sold 1,050 units for $ 115 cach. variable costs were $170 per unit, and total fixed expenses were $123,300. Prepare a contribution margin income starenent. contrittlin margin income stamat # Dropdown tist # # # soid fixed costs Gross nargin Intrest Expere wet income after tates incone contributin marting H Net borratry sales reren variable costs
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...
Vaughn, Inc. sold 17,000 units last year for $190 each. Variable costs per unit were $48 for direct materials, $38 for direct labor, and $10 for variable overhead. Fixed costs were $35,000 in manufacturing overhead and $37.000 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 % ho d. If sales increase by 6,000 units, by...
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?...
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1. Acme company sold 1,050 units for $115 cach. variable costs were $70 per unit, and total fixed expenses were $123,300 Prepare a contribution margin income statement. contrittlin margin income stamat + prop down list -cost of goods # # # # # # sold I fixed costs Gross norain In trest Exper wet income after taxes incorre contributin marting # Net orratry sales reron variable costs
Krepps Corporation produces a single product. Last year, Krepps manufactured 33,910 units and sold 28,100 units. Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $247,543 $176,332 $284,844 474,740 Sales totaled $1,405,000 for the year, variable selling and administrative expenses totaled $148,930, and fixed selling and administrative expenses totaled $247,543. There was no beginning inventory. Assume that direct labor is a variable cost. The contribution margin per unit was:
help asap
-cost of goods reen Lic + 1. Acme company sold 1,050 units for $ 115 cach. variable costs were $170 per unit, and total fixed expenses were $123,300. Prepare a contribution margin income starenent. contrittlin margin income stamat # Dropdown tist # # # soid fixed costs Gross nargin Intrest Expere wet income after tates incone contributin marting H Net borratry sales reren variable costs
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