PLEASE SOLVE ON THE PAPERHomework Answers
As per the requirement solved on paper
answer to the quetions
a) Weighted revenue per unit of composite average product=$25.5
Weighted average variable cost of composite average product=$17
Weighted contribution margin per unit of composite average product=$18.5
b) Break even Mens Shirts=1,765 Shirts
Break even Boys Shirts=3,529 Shirts
c)Opearing Income=$31,500
These are the answers.The detailed solution is attached in the images .
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PLEASE SOLVE ON THE PAPER
4. Bob's Textile Company sells shirts for men and boys. The...
Bell Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $7...
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6
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Crane sells T-shirts imprinted with high school names and logos. Last year the shirts sold for...
Crane sells T-shirts imprinted with high school names and logos.
Last year the shirts sold for $26 each, and variable costs were
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45,000 shirts. However, the company actually earned $21,600 in net
income.
This year, the company is increasing its price to $28 per shirt.
Variable costs per shirt will increase by Unresolved%, and fixed
expenses will increase by $1,107,240. The tax rate will remain at
40%.
Your answer...
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Gibson Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $9 each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $22 per shirt. Required a. What are the total cost of shirts and cost per shirt if sales amount to 3,000, 3,500, 4,000, 4,500, or 5,000? 3.000 3.500 4,000 4,500 5,000 Number of shirts sold Total cost of shirts Cost per shirt
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Gibson Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $15 each. Any e...
Gibson Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $15 each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $29 per shirt. Required . What are the total cost of shirts and cost per shirt if sales amount 00, 4,000, 4,500, or 5,000? 3,000 3,500 & 5.000 Number of shirts sold Total cost of shirts Cost per shirt
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Solomon Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $6 each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $26 per shirt Required a. What are the total cost of shirts and cost per shirt if sales amount to 6,000, 6,500, 7000, 7500, or 8,000? Answer is complete but not entirely correct. 7,000 $ 36,000 39,000 42,000 45,00048,000 6,000 6,500 7,500...
Jordan Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $15 each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $18 per shirt. Required a. What are the total cost of shirts and cost per shirt if sales amount to 10,000, 10,500, 11,000, 11,500, or 12,000? b. Is the cost of T-shirts a fixed or a variable cost? Complete this question by...
6
Perez Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $12 each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $23 per shirt. Required a. What are the total cost of shirts and cost per shirt if sales amount to 10,000, 10,500, 11,000, 11,500, or 12,000? b. Is the cost of T-shirts a fixed or a variable cost? Complete this question...
The Jacksonville Shirt Company makes two types of T-shirts: basic and custom. Basic shirts are plain shirts without any screen using the basic shirts and then adding a custom screen printing design The company buys cloth in various colors and then makes the basic shirts in two departments, Cutting and Sewing. The company uses a process costing system (weighted-average method) to determine the production cost of the basic shirts. In the Cutting Department, direct materials (cloth) are added at the...
Crane sells T-shirts imprinted with high school names and logos.
Last year the shirts sold for $26 each, and variable costs were
$14.00 per shirt. At this cost structure, the breakeven point was
45,000 shirts. However, the company actually earned $21,600 in net
income.
This year, the company is increasing its price to $28 per shirt.
Variable costs per shirt will increase by Unresolved%, and fixed
expenses will increase by $1,107,240. The tax rate will remain at
40%.
Your answer...
Gibson Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $9 each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $22 per shirt. Required a. What are the total cost of shirts and cost per shirt if sales amount to 3,000, 3,500, 4,000, 4,500, or 5,000? 3.000 3.500 4,000 4,500 5,000 Number of shirts sold Total cost of shirts Cost per shirt
Rooney Entertainment sells souvenir T-shirts at each rock concert that it sponsors. The shirts cost $14 each. Any excess shirts can be returned to the manufacturer for a full refund of the purchase price. The sales price is $20 per shirt. Required a. What are the total cost of shirts and cost per shirt if sales amount to 10,000, 10,500, 11,000, 11,500, or 12,000? Number of shirts sold 10,000 10,500 11,000 11,500 12,000 Total cost of shirts Cost per shirt
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