Jim manufactures sunglasses and reported sales revenues of $210,000 and total costs of $56,000 this year....
- Jim manufactures sunglasses and reported sales revenues of
$210,000 and total costs of $56,000 this year. Jim incurs variable
cost that is 10% of sales. What would the total costs be if sales
were $168,000?
- $16,800
- $32,000
- $41,400
- $51,800
- Some other amount
- Emma Corp. has only variable costs and fixed costs. A review of
the company’s records disclosed that when 200,000 units were
produced, fixed manufacturing costs amounted to $800,000 and the
cost per unit manufactured totaled $11. On the basis of this
information, how much cost would the firm anticipate at an activity
level of 205,000 units?
- $2,235,000
- $2,222,000
- $2,214,000
- $2,200,000
- Some other amount
Homework Answers
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Jim manufactures sunglasses and reported sales revenues of
$210,000 and total costs of $56,000 this year....
Bargain Town reported sales revenues of $773,500, a total contribution margin of $246,500, and fixed costs...
Bargain Town reported sales revenues of $773,500, a total contribution margin of $246,500, and fixed costs of $230,000. If sales volume amounted to 8,500 units, the company's variable cost per unit must have been:
Bargain Town reported sales revenues of $793,000, a total contribution margin of $247,000, and fixed costs...
Bargain Town reported sales revenues of $793,000, a total contribution margin of $247,000, and fixed costs of $300,000. If sales volume amounted to 13,000 units, the company's variable cost per unit must have been: Multiple Choice
Problem 11-1 Calculating Costs and Break-Even [LO3] Night Shades Inc. (NSI) manufactures biotech sunglasses. The variable...
Problem 11-1 Calculating Costs and Break-Even [LO3] Night Shades Inc. (NSI) manufactures biotech sunglasses. The variable materials cost is $10.80 per unit, and the variable labor cost is $6.70 per unit. a. What is the variable cost per unit? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. Suppose the company incurs fixed costs of $740,000 during a year in which total production is 320,000 units. What are the total costs for...
Exercise 23-5 Make or buy LO A1 Gelb Company currently manufactures 56,000 units per year of...
Exercise 23-5 Make or buy LO A1 Gelb Company currently manufactures 56,000 units per year of a key component for its manufacturing process. Variable costs are $6.25 per unit, fixed costs related to making this component are $73,000 per year, and allocated fixed costs are $81,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.70 per unit. points Calculate the total...
Please do all requirements! Requirements and data table listed Hoover Rouse Sunglasses sell for about $125 per pair. Suppose the company incurs the following average costs per pair: Data Table...
Please do all requirements! Requirements and data table
listed
Hoover Rouse Sunglasses sell for about $125 per pair. Suppose
the company incurs the following average costs per pair:
Data Table
Direct materials
$38
Direct labor
12
Variable manufacturing overhead
10
Variable marketing expenses
3
Fixed manufacturing overhead
16
*
Total cost
$79
*
$2,300,000 total fixed manufacturing overhead / 143,750 pairs of
sunglasses
Rouse has enough idle capacity to accept a one-time-only
special order from Colorado Glasses for 17,000 pairs...
Opal Kyler Sunglasses sell for about $145 per pair. Suppose the company incurs the following average...
Opal Kyler Sunglasses sell for about $145 per pair. Suppose the company incurs the following average costs per pair 囲(Click the icon to view the oost information.) Opal Kyler has encugh idle capacity to accept a one-time-only special order from Alaska Glasses for 18,000 pairs of sunglasses at $93 per pair. Opal Kyler will not incur any variable marketing expenses for the order Read the requirements. Requirement 1. How would accepting the order affect Opal Kyler's operating income? In adcition...
The following information is available for year 1 for Pepper Products: Sales revenue (210,000 units)...
The following information is available for year 1 for Pepper
Products:
Sales revenue (210,000 units)
$
3,150,000
Manufacturing costs
Materials
$
168,000
Variable cash costs
142,400
Fixed cash costs
327,600
Depreciation (fixed)
989,000
Marketing and administrative costs
Marketing (variable, cash)
422,400
Marketing depreciation
159,600
Administrative (fixed, cash)
509,200
Administrative depreciation
84,800
Total costs
$
2,803,000
Operating profits
$
347,000
All depreciation charges are fixed and are expected to remain the
same for year 2. Sales volume is expected...
Moscot manufactures high-end sunglasses that it sells in retail shops and online for $310, on average....
Moscot manufactures high-end sunglasses that it sells in retail shops and online for $310, on average. P17-33 Applications of Differential Analysis Assume the following represent manufacturing and other costs. Variable costs per Unit Direct materials. Direct labor. Factory overhead. Distribution .. Total Fixed Costs per Month $ 80 Factory overhead..... 50 Selling and administrative. 35 Total. $450,000 375,000 $825,000 10 $175 The variable distribution costs are for transportation to retail partners. Assume the current monthly production and sales volume is...
The following information is available for year 1 for Pepper Products: Sales revenue (210,000 units)...
The following information is available for year 1 for Pepper Products: Sales revenue (210,000 units) $ 3,150,000 Manufacturing costs Materials $ 168,000 Variable cash costs 142,400 Fixed cash costs 337,600 Depreciation (fixed) 1,009,000 Marketing and administrative costs Marketing (variable, cash) 412,400 Marketing depreciation 159,600 Administrative (fixed, cash) 509,200 Administrative depreciation 84,800 Total costs $ 2,823,000 Operating profits $ 327,000 All depreciation charges are fixed and are expected to remain the same for year 2. Sales volume is expected...
Adams Manufacturing Company reported the following data regarding a product it manufactures and sells. The sales...
Adams Manufacturing Company reported the following data regarding a product it manufactures and sells. The sales price is $50. 11 per unit 4 per unit Variable costs Manufacturing Selling Fixed costs Manufacturing Selling and administrative $168,000 per year $273,000 per year Required a. Use the per-unit contribution margin approach to determine the break-even point in units and dollars. b. Use the per-unit contribution margin approach to determine the level of sales in units and dollars required to obtain a profit...
Bargain Town reported sales revenues of $793,000, a total contribution margin of $247,000, and fixed costs of $300,000. If sales volume amounted to 13,000 units, the company's variable cost per unit must have been: Multiple Choice
Exercise 23-5 Make or buy LO A1 Gelb Company currently manufactures 56,000 units per year of a key component for its manufacturing process. Variable costs are $6.25 per unit, fixed costs related to making this component are $73,000 per year, and allocated fixed costs are $81,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.70 per unit. points Calculate the total...
Please do all requirements! Requirements and data table
listed
Hoover Rouse Sunglasses sell for about $125 per pair. Suppose
the company incurs the following average costs per pair:
Data Table
Direct materials
$38
Direct labor
12
Variable manufacturing overhead
10
Variable marketing expenses
3
Fixed manufacturing overhead
16
*
Total cost
$79
*
$2,300,000 total fixed manufacturing overhead / 143,750 pairs of
sunglasses
Rouse has enough idle capacity to accept a one-time-only
special order from Colorado Glasses for 17,000 pairs...
Opal Kyler Sunglasses sell for about $145 per pair. Suppose the company incurs the following average costs per pair 囲(Click the icon to view the oost information.) Opal Kyler has encugh idle capacity to accept a one-time-only special order from Alaska Glasses for 18,000 pairs of sunglasses at $93 per pair. Opal Kyler will not incur any variable marketing expenses for the order Read the requirements. Requirement 1. How would accepting the order affect Opal Kyler's operating income? In adcition...
The following information is available for year 1 for Pepper
Products:
Sales revenue (210,000 units)
$
3,150,000
Manufacturing costs
Materials
$
168,000
Variable cash costs
142,400
Fixed cash costs
327,600
Depreciation (fixed)
989,000
Marketing and administrative costs
Marketing (variable, cash)
422,400
Marketing depreciation
159,600
Administrative (fixed, cash)
509,200
Administrative depreciation
84,800
Total costs
$
2,803,000
Operating profits
$
347,000
All depreciation charges are fixed and are expected to remain the
same for year 2. Sales volume is expected...
Moscot manufactures high-end sunglasses that it sells in retail shops and online for $310, on average. P17-33 Applications of Differential Analysis Assume the following represent manufacturing and other costs. Variable costs per Unit Direct materials. Direct labor. Factory overhead. Distribution .. Total Fixed Costs per Month $ 80 Factory overhead..... 50 Selling and administrative. 35 Total. $450,000 375,000 $825,000 10 $175 The variable distribution costs are for transportation to retail partners. Assume the current monthly production and sales volume is...
Adams Manufacturing Company reported the following data regarding a product it manufactures and sells. The sales price is $50. 11 per unit 4 per unit Variable costs Manufacturing Selling Fixed costs Manufacturing Selling and administrative $168,000 per year $273,000 per year Required a. Use the per-unit contribution margin approach to determine the break-even point in units and dollars. b. Use the per-unit contribution margin approach to determine the level of sales in units and dollars required to obtain a profit...
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