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Willcrest Furniture Company began as a specialist manufacturer of...
A furniture manufacturer specializes in wood tables. The tables sell for $100 per unit and incur...
A furniture manufacturer specializes in wood tables. The tables sell for $100 per unit and incur $40 per unit in variable costs. The company has $6,000 in fixed costs per month. Expected sales are 200 tables per month. 17. 18. 19. Calculate the margin of safety in units. Determine the degree of operating leverage. Use expected sales. The company begins manufacturing wood chairs to match the tables. Chairs sell for $50 each and have variable costs of $30. The new...
HOW DO I CALCULATE? Smythe Co. makes furniture. The following data are taken from its production...
HOW DO I CALCULATE?
Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $5,750,000 620,000 Hazardous waste disposal costs Chairs Tables 21,000 units 16,200 DLH 600 pounds 211,000 units 262,000 DLH 200 pounds Expected production Direct labor hours required Hazardous waste disposed Required: 1. Determine the hazardous waste disposal cost per unit for chairs and for tables if costs are assigned using a single plantwide overhead rate based on direct...
QUESTION 2 Fitzgerid kimited produces and sello a single product. Budgeted results for that product, for...
QUESTION 2 Fitzgerid kimited produces and sello a single product. Budgeted results for that product, for the year ended 31 December 2012, are shown belsus: Budgeted sales 10,000 units f f 2,000,000 800,000 Sales Direct Materials Direct Labour Fixed overheads Total Costs Total profit 400, ooo 50,000 1 700.20 300,00 Required: a) Produce a profit statement for the year endring 31 December 2012, assumving actual sales are 12,000 Eunits. b) Calculate the break-even point for the year ending 31 December...
how do i do these ? ailings Review View Help CASE PRESENTATION 4: CVP and Analysis...
how do i do these ?
ailings Review View Help CASE PRESENTATION 4: CVP and Analysis of Changes Townsend Footwear Ltd is a Hamilton company that manufactures sports shoes designed specifically with sportspeople in mind. The company gold 15,000 pairs of shoes last year at a price of $120 per pair. Last year's total costs of manufacture amounted to: Direct Costs: Direct Labour Direct Material 450,000 645,000 Indirect Costs: Variable Overhead Fixed Overhead Total Cost 75,000 225.000 $1,395.000 In an...
Question 3 - Show calculations clearly: [10 marks] A factory manufacturing industrial machine parts has been...
Question 3 - Show calculations clearly: [10 marks] A factory manufacturing industrial machine parts has been established with the capacity to produce 500 machine parts per annum. The variable costs of each machine part is as follows: direct materials Dhs.100, direct labour Dhs.50 and direct overheads is 100% of direct labour. Each machine is sold for Dhs. 250. Fixed overheads are Dhs.12,000 per annum. a) Calculate: Break-even point in units Break-even point in sales revenue P/V ratio b) If the...
Question 3 - Show calculations clearly: [10 marks A factory manufacturing industrial machine parts has been...
Question 3 - Show calculations clearly: [10 marks A factory manufacturing industrial machine parts has been established with the capacity to produce 500 machine parts per annum. The variable costs of each machine part is as follows: direct materials Dhs.100. direct labour Dhs.50 and direct overheads is 100% of direct labour. Each machine is sold for Dhs. 250. Fixed overheads are Dhs.12,000 per annum. a) Calculate: Break-even point in units Break-even point in sales revenue P/V ratio b) If the...
e in the following table. Basic CVP relationships: manufacturer Vine Pty Ltd produces and sells bottles...
e in the following table. Basic CVP relationships: manufacturer Vine Pty Ltd produces and sells bottles of wine. Price and cost data are in the following P18.33 LO18.1 18.3 18.4 18.5 Selling price per bottle Variable costs per bottle: Direct material Direct labour Manufacturing overhead Selling costs Total variable costs per bottle Annual fixed costs: Manufacturing overhead Selling and administrative Total fixed costs Forecast annual sales (140000 units) $ 29,70 $ 432000 621000 $1053000 $5250000 (In the following requirements, ignore...
A) Further analysis of McCartney Manufacturing’s fixed costs revealed that the company actually faces annual fixed...
A) Further analysis of McCartney Manufacturing’s fixed costs revealed that the company actually faces annual fixed overhead costs of $9,800 and annual fixed selling and administrative costs of $4,200. Variable cost estimates are correct: direct materials cost, $2.40 per unit; direct labor costs, $3.00 per unit; and variable overhead costs, $0.60 per unit. At this time, the selling price of $20 will not change. Complete the following formulas for the revised fixed costs. Enter the ratio as a percentage. Contribution...
Hi could you show me how to solve for these. my book doesn't show an applicable method. thank you!
hi could you show me how to solve for these. my book
doesn't show an applicable method. thank you!
9-10. A firm manufactures two products, X and Y. The fixed costs are $80,000 and the sales mix is 40% X and 60% Y. The unit selling price and the unit variable cost for each product are as follows: it Selling Price $20 15 Unit Variable Cost $12 12 9. 9. The break-even sales (dollars) for the above sales mix................. 10....
A) Further analysis of McCartney Manufacturing’s fixed costs revealed that the company actually faces annual fixed overh...
A) Further analysis of McCartney Manufacturing’s fixed costs revealed that the company actually faces annual fixed overhead costs of $9,800 and annual fixed selling and administrative costs of $4,200. Variable cost estimates are correct: direct materials cost, $2.40 per unit; direct labor costs, $3.00 per unit; and variable overhead costs, $0.60 per unit. At this time, the selling price of $20 will not change. Complete the following formulas for the revised fixed costs. Enter the ratio as a percentage. Contribution...
A furniture manufacturer specializes in wood tables. The tables sell for $100 per unit and incur $40 per unit in variable costs. The company has $6,000 in fixed costs per month. Expected sales are 200 tables per month. 17. 18. 19. Calculate the margin of safety in units. Determine the degree of operating leverage. Use expected sales. The company begins manufacturing wood chairs to match the tables. Chairs sell for $50 each and have variable costs of $30. The new...
HOW DO I CALCULATE?
Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $5,750,000 620,000 Hazardous waste disposal costs Chairs Tables 21,000 units 16,200 DLH 600 pounds 211,000 units 262,000 DLH 200 pounds Expected production Direct labor hours required Hazardous waste disposed Required: 1. Determine the hazardous waste disposal cost per unit for chairs and for tables if costs are assigned using a single plantwide overhead rate based on direct...
QUESTION 2 Fitzgerid kimited produces and sello a single product. Budgeted results for that product, for the year ended 31 December 2012, are shown belsus: Budgeted sales 10,000 units f f 2,000,000 800,000 Sales Direct Materials Direct Labour Fixed overheads Total Costs Total profit 400, ooo 50,000 1 700.20 300,00 Required: a) Produce a profit statement for the year endring 31 December 2012, assumving actual sales are 12,000 Eunits. b) Calculate the break-even point for the year ending 31 December...
how do i do these ?
ailings Review View Help CASE PRESENTATION 4: CVP and Analysis of Changes Townsend Footwear Ltd is a Hamilton company that manufactures sports shoes designed specifically with sportspeople in mind. The company gold 15,000 pairs of shoes last year at a price of $120 per pair. Last year's total costs of manufacture amounted to: Direct Costs: Direct Labour Direct Material 450,000 645,000 Indirect Costs: Variable Overhead Fixed Overhead Total Cost 75,000 225.000 $1,395.000 In an...
Question 3 - Show calculations clearly: [10 marks] A factory manufacturing industrial machine parts has been established with the capacity to produce 500 machine parts per annum. The variable costs of each machine part is as follows: direct materials Dhs.100, direct labour Dhs.50 and direct overheads is 100% of direct labour. Each machine is sold for Dhs. 250. Fixed overheads are Dhs.12,000 per annum. a) Calculate: Break-even point in units Break-even point in sales revenue P/V ratio b) If the...
Question 3 - Show calculations clearly: [10 marks A factory manufacturing industrial machine parts has been established with the capacity to produce 500 machine parts per annum. The variable costs of each machine part is as follows: direct materials Dhs.100. direct labour Dhs.50 and direct overheads is 100% of direct labour. Each machine is sold for Dhs. 250. Fixed overheads are Dhs.12,000 per annum. a) Calculate: Break-even point in units Break-even point in sales revenue P/V ratio b) If the...
e in the following table. Basic CVP relationships: manufacturer Vine Pty Ltd produces and sells bottles of wine. Price and cost data are in the following P18.33 LO18.1 18.3 18.4 18.5 Selling price per bottle Variable costs per bottle: Direct material Direct labour Manufacturing overhead Selling costs Total variable costs per bottle Annual fixed costs: Manufacturing overhead Selling and administrative Total fixed costs Forecast annual sales (140000 units) $ 29,70 $ 432000 621000 $1053000 $5250000 (In the following requirements, ignore...
hi could you show me how to solve for these. my book
doesn't show an applicable method. thank you!
9-10. A firm manufactures two products, X and Y. The fixed costs are $80,000 and the sales mix is 40% X and 60% Y. The unit selling price and the unit variable cost for each product are as follows: it Selling Price $20 15 Unit Variable Cost $12 12 9. 9. The break-even sales (dollars) for the above sales mix................. 10....
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