Homework Answers
Add Answer to:
34. (4 points) Perez Co. manufactures auto carburetors. The following is a summary of its basic...
Multiple Choice 49.80%. 34.10%. 36.90%. 35.90%. 90.90%. Staley Co. manufactures computer monitors. The following is a...
Multiple Choice
49.80%.
34.10%.
36.90%.
35.90%.
90.90%.
Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data Sales price Variable costs Unit contribution margin Per Unit $450 232 $218 Percent 100.00 51.56 48.44 Assume that Staley Co. is currently selling 580 computer monitors per month and monthly fixed costs are $79,600. Staley Co.'s margin of safety ratio (MOS%) if 580 units are sold would be (round intermediate calculation up to nearest whole number...
Perez Company manufactures a personal computer designed for use in schools and markets it under its...
Perez Company manufactures a personal computer designed for use in schools and markets it under its own label. Perez has the capacity to produce 25,000 units a year but is currently producing and selling only 16,000 units a year. The computer's normal selling price is $1,770 per unit with no volume discounts. The unit-level costs of the computer's production are $550 for direct materials, $170 for direct labor, and $110 for indirect unit-level manufacturing costs. The total product- and facility-level...
Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing...
Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. The selling price and cost per unit data for 9,170 units of Fluoro2211 are as follows. Per Unit Data Selling Price $ 490 Direct Materials 190 Direct Labor 32 Variable Manufacturing Overhead 29 Fixed Manufacturing Overhead 47 Variable Selling 20 Fixed Selling and Administrative 27 Total Costs 345 Operating Margin $ 145 During the next year, sales of Fluoro2211 are expected to...
Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing...
Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. The selling price and cost per unit data for 9,110 units of Fluoro2211 are as follows. Per Unit Data Selling Price $ 370 Direct Materials 130 Direct Labor 26 Variable Manufacturing Overhead 23 Fixed Manufacturing Overhead 41 Variable Selling 14 Fixed Selling and Administrative 21 Total Costs 255 Operating Margin $ 115 During the next year, sales of Fluoro2211 are expected to...
zor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing...
zor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. The selling price and cost per unit data for 9,110 units of Fluoro2211 are as follows. Per Unit Data Selling Price $ 370 Direct Materials 130 Direct Labor 26 Variable Manufacturing Overhead 23 Fixed Manufacturing Overhead 41 Variable Selling 14 Fixed Selling and Administrative 21 Total Costs 255 Operating Margin $ 115 During the next year, sales of Fluoro2211 are expected to...
value: 10.00 points Gogan Company manufactures and sells two products: Basic and Deluxe. Monthly sales, CM...
value: 10.00 points Gogan Company manufactures and sells two products: Basic and Deluxe. Monthly sales, CM ratios, and the CM per unit for the two products are shown below Product Basic Total Deluxe $600,000 $400,000 $1,000,000 Sales Contribution margin ratio Contribution margin per unit 60% 9.00 11.50 The company's fixed expenses total $400,000 per month. Requirea 1. Prepare a contribution format income statement for the company as a whole. Basic Deluxe Total Amount Amount Amount 2. Compute the overall break-even...
Henna Co. produces and sells two products, T and O. It manufactures these products in separate...
Henna Co. produces and sells two products, T and O. It
manufactures these products in separate factories and markets them
through different channels. They have no shared costs. This year,
the company sold 42,000 units of each product. Sales and costs for
each product follow.
Product T
Product O
Sales
$
747,600
$
747,600
Variable
costs
523,320
149,520
Contribution
margin
224,280
598,080
Fixed costs
108,280
482,080
Income before
taxes
116,000
116,000
Income taxes
(35% rate)
40,600
40,600
Net income
$...
Praveen Co. manufactures and markets a number of rope products. Management is considering the future of...
Praveen Co. manufactures and markets a number of rope products.
Management is considering the future of Product XT, a special rope
for hang gliding, that has not been as profitable as planned. Since
Product XT is manufactured and marketed independently of the other
products, its total costs can be precisely measured. Next year’s
plans call for a $280 selling price per 100 yards of XT rope. Its
fixed costs for the year are expected to be $414,400, up to a...
Gogan Company manufactures and sells two products: Basic and Deluxe. Monthly sales, CM ratios, and the...
Gogan Company manufactures and sells two products: Basic and
Deluxe. Monthly sales, CM ratios, and the CM per unit for the two
products are shown below:
Product
Basic
Deluxe
Total
Sales
$
600,000
$
400,000
$
1,000,000
Contribution margin ratio
60
%
35
%
?
Contribution margin per unit
$
9.00
$
11.50
?
The company’s fixed expenses total $400,000 per month.
Required: 1. Prepare a contribution format income statement for the company as a whole. 1.000.000 Basic Deluxe Total...
82. Dundas Inc. manufactures a single product. The product sells for $10. The variable manufacturing cost...
82. Dundas Inc. manufactures a single product. The product sells for $10. The variable manufacturing cost per unit is $2 and the variable selling cost is $2 per unit. Dundas incurs monthly fixed costs of $100,000 for manufacturing and $140,000 for administration and selling If Dundas raises its selling price by 10% in response to a 10% increase in variable costs, and income taxes are 40%, its new breakeven point in sales dollars (relative to that of the original data...
Multiple Choice
49.80%.
34.10%.
36.90%.
35.90%.
90.90%.
Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data Sales price Variable costs Unit contribution margin Per Unit $450 232 $218 Percent 100.00 51.56 48.44 Assume that Staley Co. is currently selling 580 computer monitors per month and monthly fixed costs are $79,600. Staley Co.'s margin of safety ratio (MOS%) if 580 units are sold would be (round intermediate calculation up to nearest whole number...
Perez Company manufactures a personal computer designed for use in schools and markets it under its own label. Perez has the capacity to produce 25,000 units a year but is currently producing and selling only 16,000 units a year. The computer's normal selling price is $1,770 per unit with no volume discounts. The unit-level costs of the computer's production are $550 for direct materials, $170 for direct labor, and $110 for indirect unit-level manufacturing costs. The total product- and facility-level...
value: 10.00 points Gogan Company manufactures and sells two products: Basic and Deluxe. Monthly sales, CM ratios, and the CM per unit for the two products are shown below Product Basic Total Deluxe $600,000 $400,000 $1,000,000 Sales Contribution margin ratio Contribution margin per unit 60% 9.00 11.50 The company's fixed expenses total $400,000 per month. Requirea 1. Prepare a contribution format income statement for the company as a whole. Basic Deluxe Total Amount Amount Amount 2. Compute the overall break-even...
Henna Co. produces and sells two products, T and O. It
manufactures these products in separate factories and markets them
through different channels. They have no shared costs. This year,
the company sold 42,000 units of each product. Sales and costs for
each product follow.
Product T
Product O
Sales
$
747,600
$
747,600
Variable
costs
523,320
149,520
Contribution
margin
224,280
598,080
Fixed costs
108,280
482,080
Income before
taxes
116,000
116,000
Income taxes
(35% rate)
40,600
40,600
Net income
$...
Praveen Co. manufactures and markets a number of rope products.
Management is considering the future of Product XT, a special rope
for hang gliding, that has not been as profitable as planned. Since
Product XT is manufactured and marketed independently of the other
products, its total costs can be precisely measured. Next year’s
plans call for a $280 selling price per 100 yards of XT rope. Its
fixed costs for the year are expected to be $414,400, up to a...
Gogan Company manufactures and sells two products: Basic and
Deluxe. Monthly sales, CM ratios, and the CM per unit for the two
products are shown below:
Product
Basic
Deluxe
Total
Sales
$
600,000
$
400,000
$
1,000,000
Contribution margin ratio
60
%
35
%
?
Contribution margin per unit
$
9.00
$
11.50
?
The company’s fixed expenses total $400,000 per month.
Required: 1. Prepare a contribution format income statement for the company as a whole. 1.000.000 Basic Deluxe Total...
82. Dundas Inc. manufactures a single product. The product sells for $10. The variable manufacturing cost per unit is $2 and the variable selling cost is $2 per unit. Dundas incurs monthly fixed costs of $100,000 for manufacturing and $140,000 for administration and selling If Dundas raises its selling price by 10% in response to a 10% increase in variable costs, and income taxes are 40%, its new breakeven point in sales dollars (relative to that of the original data...
Most questions answered within 3 hours.
-
why it is important and how it integrates within ERP? And what
the core challenges of...
asked 15 seconds from now -
A strawberry farmer determines that the average weight of
individual strawberries produced by plants in his...
asked 19 minutes ago -
Chargaff's results yielded a molar ratio of 0.400 for A to G in
avian tubercle bacillus...
asked 2 hours ago -
Which of the following binds ATP/ADP?
a. microfilaments
b. microtubules
c. intermediate filaments
d. microfilaments and...
asked 2 hours ago -
Assume that the situation can be expressed as a linear cost
function. Find the cost function....
asked 4 hours ago -
(Sort ArrayList) Write the following method that sorts an
ArrayList: public static > void sort(ArrayList list)...
asked 5 hours ago -
2) A 9 volt battery is connected to a parallel plate capacitor
with an initial capacitance...
asked 4 hours ago -
Prince Equipment has to decide whether to obtain $1,000,000 of
financing by: (1) selling common stock...
asked 5 hours ago -
The terms electrical and electronic have similar but
different meanings which of the following statement is...
asked 5 hours ago -
You wish to test the claim that the mean GPA of night students
is than 2.5...
asked 6 hours ago -
A soft drink machine outputs a mean of 25 ounces per cup. The
machine's output is...
asked 7 hours ago -
Ross Co., Westerfield, Inc., and Jordan Company announced a new
agreement to market their respective products...
asked 6 hours ago