Selling price per unit -variable cost per unit =contribution per unit
variable expenses= direct material+manufacturing overhead+direct manufacturing labour+selling oberheads
Anwer is $28.5-$(5.25+0.35+2+2)=$18.90
Question 11 Bell Company sells several products. Information of average revenue and costs is as follows:...
6. Bovous Stores, Inc., sells several products. Information of average revenue and costs is as follows: Selling price per unit $20.00 Variable costs per unit: Direct material $4.00 Direct manufacturing labor $1.60 Manufacturing overhead $0.40 Selling costs $2.00 Annual fixed costs $96,000 The revenues that the company must earn annually to make a profit of $144,000 are: A) $378,000 B) $425,000 C) $400,000 D) $450,000
QUESTION 5 Northenscold Company sells several products. Information of average revenue and costs is as follows: $150 per unit Selling price Variable costs $90 per unit $300,000 Total fixed costs If targeted operating income is $120,000, then targeted sales revenue is: $1,050,000 $700,000 $500,000 $750,000
QUESTION 5 Northenscold Company sells several products. Information of average revenue and costs is as follows: Selling price $150 per unit Variable costs I $90 per unit Total fixed costs $300,000 The number of units that the Company must sell to reach the targeted operating income of $90,000 5,000 units 6,500 units 3,334 units 4,334 units
QUESTIONS Northenscold Company sells several products. Information of average revenue and costs is as follows: $150 per unit Selling price $90 per unit Variable costs $300,000 Total fixed costs If targeted operating income is $120,000, then targeted sales revenue is: $1,050,000 $700,000 $500,000 $750,000
Bell Company manufactures and sells a single product. Cost data for the product follow Variable costs per unit: Direct materials Direct labor Variable factory overhead Variable selling and administrative 10.0 40 10.0 10.0 Total variable costs per unit 70.0 Fixed costs per month Fixed manufacturing overhead Fixed selling and administrative $864,000 564,000 Total fixed cost per month $ 1,428,000 The product sells for $160 per unit. Production and sales data for May and June, the first two months of operations,...
Fresh Air Products manufactures and sells a variety of camping products. Recently the company opened a new plant to manufacture a deluxe portable cooking unit. Cost and sales data for the first month of operations are shown below: Beginning inventory 0 units Units produced 10,000 Units sold 8,700 Manufacturing costs Fixed overhead $110,000 Variable overhead $4 per unit Direct labour $10 per unit Direct material $29 per unit Selling and administrative costs Fixed $208,400 ...
Baxtell Company manufactures and sells a single product. The following costs were incurred during the company’s first year of operations: Variable costs per unit: Manufacturing: Direct materials $ 25 Direct labour 12 Variable manufacturing overhead 3 Variable selling and administrative 5 Fixed costs per year: Fixed manufacturing overhead 200,000 Fixed selling and administrative expense 110,000 During the year, the company produced 25,000 units and sold 21,000 units. The...
Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 9.00 $ 37.00 $ 2.20 $ 14.00 $ 129,000 $ 38,000 Common fixed expenses in the company total $105,000 annually. Last year the company produced and sold 36,000 units of Weedban and 22,500 units of Greengrow. Required: Prepare a contribution format income statement...
The East Company manufactures several different products. Unit costs associated with Product ORD105 are as follows: Direct materials $92 Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead 32 Sales commissions (2% of sales) 26 Administrative salaries Total $200 What is the percentage of the total variable costs per unit associated with Product ORD105 with respect to total cost? 81% 6896 84% 7196
Royal Lawncare Company produces and sells two packaged products—Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban Greengrow Selling price per unit $ 6.00 $ 7.50 Variable expenses per unit $ 2.40 $ 5.25 Traceable fixed expenses per year $ 45,000 $ 21,000 Common fixed expenses in the company total $33,000 annually. Last year the company produced and sold 15,000 units of Weedban and 28,000 units of Greengrow.