Homework Answers
Since Contribution per unit is calculate by selling price per unit less variable cost per unit, So if the contribution per unit is $62.5 and contribution margin is 25% then selling Price will be $250 (as calculated above). .
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QUESTION 17 Wolowit Company's product has contribution margin eru of 562.50 and a contribution margin ratio...
Question 15 4 pts A company has a unit contribution margin of $120 and a contribution margin ratio of 40%. What is the...
Question 15 4 pts A company has a unit contribution margin of $120 and a contribution margin ratio of 40%. What is the unit selling price? Cannot be determined $200 $300 $48 Question 16 A division sold 200,000 calculators during 2017: Sales $2,000,000 Variable costs: Materials $380,000 Order processing 150,000 Billing labor 110,000 Selling expenses 60,000 Total variable costs 700,000 Fixed costs 1,000,000 How much is the unit contribution margin? $6.50 $8.50 $3.50 $1.00 Question 17 4 pts At the...
D&R Corp. has annual revenues of $284,000, an average contribution margin ratio of 34%, and fixed...
D&R Corp. has annual revenues of $284,000, an average contribution margin ratio of 34%, and fixed expenses of $113,200. Required: a. Management is considering adding a new product to the company's product line. The new item will have $8.3 of variable costs per unit. Calculate the selling price that will be required if this product is not to affect the average contribution margin ratio. b. If the new product adds an additional $31100 to D&R's fixed expenses, how many units...
MC Qu. 3-30 A product has a contribution margin of... A product has a contribution margin...
MC Qu. 3-30 A product has a contribution margin of... A product has a contribution margin of $9 per unit and a selling price of $20 per unit. Fixed costs are $45,000. Assuming new technology increases the unit contribution margin by 60 percent but increases total fixed costs by $16,920, what is the new breakeven point in units? Multiple Choice 0 5,400 units 0 5,000 units 0 4,300 units C ) 5,940 units
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A product has a sales price of $140 and a per-unit contribution margin of $14. What...
A product has a sales price of $140 and a per-unit contribution margin of $14. What is the contribution margin ratio? Contribution margin ratio %
Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio:...
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A company sells a product with a contribution margin ratio of 20%. The company's monthly fixed...
A company sells a product with a contribution margin ratio of
20%. The company's monthly fixed expense is $400,000 and the
company's monthly target profit is $100,000. The dollar sales
required to attain the target profit are:
A.
$2,500,000
B.
$1,500,000
C.
$625,000
D.
$2,000,000
Sales above the break-even point will result in net profit equal
to _______.
A.
number of units above break-even times fixed cost per unit
B.
number of units above break-even times contribution margin per
unit...
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Can I get help with this problem? Amount Descriptions Amount Descriptions Contribution margin Contribution margin ratio...
Can I get help with this problem?
Amount Descriptions Amount Descriptions Contribution margin Contribution margin ratio Cost of goods sold Fixed expenses Gross profit Manufacturing margin Revenues Variable cost of goods sold Variable selling expenses Instructions Power Train Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs). the Mountain Monster and Desert Dragon, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: Mountain...
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Variable Costs, Contribution Margin, Contribution Margin Ratio Super-Tees Company plans to sell 12,000 T-shirts at $16 each in the coming year. Product costs include: Direct materials per T-shirt $5.75 Direct labor per T-shirt $1.25 Variable overhead per T-shirt $0.60 Total fixed factory overhead $43,000 Variable selling expense is the redemption of a coupon, which averages $0.80 per T-shirt; fixed selling and administrative expenses total $19,000. Required: 1. Calculate the: a. Variable product cost per unit b. Total variable cost per...
Question 15 4 pts A company has a unit contribution margin of $120 and a contribution margin ratio of 40%. What is the unit selling price? Cannot be determined $200 $300 $48 Question 16 A division sold 200,000 calculators during 2017: Sales $2,000,000 Variable costs: Materials $380,000 Order processing 150,000 Billing labor 110,000 Selling expenses 60,000 Total variable costs 700,000 Fixed costs 1,000,000 How much is the unit contribution margin? $6.50 $8.50 $3.50 $1.00 Question 17 4 pts At the...
D&R Corp. has annual revenues of $284,000, an average contribution margin ratio of 34%, and fixed expenses of $113,200. Required: a. Management is considering adding a new product to the company's product line. The new item will have $8.3 of variable costs per unit. Calculate the selling price that will be required if this product is not to affect the average contribution margin ratio. b. If the new product adds an additional $31100 to D&R's fixed expenses, how many units...
MC Qu. 3-30 A product has a contribution margin of... A product has a contribution margin of $9 per unit and a selling price of $20 per unit. Fixed costs are $45,000. Assuming new technology increases the unit contribution margin by 60 percent but increases total fixed costs by $16,920, what is the new breakeven point in units? Multiple Choice 0 5,400 units 0 5,000 units 0 4,300 units C ) 5,940 units
A product has a sales price of $140 and a per-unit contribution margin of $14. What is the contribution margin ratio? Contribution margin ratio %
Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio: (Click the icon to view the table.) i Data Table Number of units - ABC 870 units 33,750 units 3,570 units $ 1,000 $ 10 $ 5,440 600 6 2,720 Sale price per unit Variable costs per unit Calculate: Contribution margin per unit Total contribution margin Contribution margin ratio Print Print Done Done Compute the missing information, starting with scenario A, then for scenarios...
A company sells a product with a contribution margin ratio of
20%. The company's monthly fixed expense is $400,000 and the
company's monthly target profit is $100,000. The dollar sales
required to attain the target profit are:
A.
$2,500,000
B.
$1,500,000
C.
$625,000
D.
$2,000,000
Sales above the break-even point will result in net profit equal
to _______.
A.
number of units above break-even times fixed cost per unit
B.
number of units above break-even times contribution margin per
unit...
Can I get help with this problem?
Amount Descriptions Amount Descriptions Contribution margin Contribution margin ratio Cost of goods sold Fixed expenses Gross profit Manufacturing margin Revenues Variable cost of goods sold Variable selling expenses Instructions Power Train Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs). the Mountain Monster and Desert Dragon, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: Mountain...
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