Bonita Industries has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for...
Bonita Industries has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Bonita incurs $5365000 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. What will sales be for the Sporting Goods Division at the break-even point? $5075000. $8109884. $9425000. $4350000.
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Bonita Industries has two divisions; Sporting Goods and Sports
Gear. The sales mix is 65% for...
Question 1 Oriole Company has two divisions; Sporting Goods and Sports Gear. The sales mix is...
Question 1 Oriole Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Oriole incurs $6752500 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The break-even point in dollars is o $18250000. $2498425. O $16881250 $15703489. Click if you would like to Show Work for this question:
Question 20 4 pts Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40...
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Extreme Sporting Goods is a retailer of sporting equipment. Last year, Extreme Sporting Goods' sales revenues...
Extreme Sporting Goods is a retailer of sporting equipment. Last year, Extreme Sporting Goods' sales revenues totalled $6,500,000. Total expenses were $1,730,000. Of this amount, approximately $1,025,000 were variable, while the remainder were fixed. Since Extreme Sporting Goods offers thousands of different products, its managers prefer to calculate the break-even point in terms of sales dollars rather than units. Assume that Extreme Sporting Goods gathers information on the sales of its products based on two departments: Winter Sports and Summer...
Determine break-even point in dollars for two divisions. E19.10 (LO2) Personal Electronix sells computer tablets an...
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Sanburn Sporting Goods manufactures athletic and recreational equipment. Their unit sales and cost data for the...
Sanburn Sporting Goods manufactures athletic and recreational equipment. Their unit sales and cost data for the year 2020 is shown here: Pool cues Tennis rackets $ 50 40 Baseball bats $ 45 42 Lacrosse sticks $ 65 $ 25 Sales price / unit Variable costs / unit Contribution margin/ unit Sales mix $ 10 $ 3 $ 10 $25 40% 30% 25% 5% Sanburn expects their total fixed costs to be $125,425 in 2020. REQUIRED: 1. Calculate Sanburn's break-even point...
Sanburn Sporting Goods manufactures athletic and recreational equipment. Their unit sales and cost data for the...
Sanburn Sporting Goods manufactures athletic and recreational
equipment. Their unit sales and cost data for the year 2020 is
shown here:
Sanburn expects their total fixed costs to be $125,425 in
2020.
REQUIRED:
1. Calculate Sanburn’s break-even point in units for the whole
company.
2. Calculate Sanburn’s break-even point in units for each of their
products.
3. Demonstrate that the sales quantities you found for each product
in #2 will actually generate an overall net income of zero for
Sanburn....
XSport Sporting Goods Co. operates two divisions—the Winter Sports Division and the Summer Sports Division. The...
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XSport Sporting Goods Co. operates two divisions—the Winter Sports Division and the Summer Sports Division. The...
XSport Sporting Goods Co. operates two divisions—the Winter Sports Division and the Summer Sports Division. The following income and expense accounts were provided from the trial balance as of December 31, 20Y9, the end of the fiscal year, after all adjustments, including those for inventories, were recorded and posted: Sales—Winter Sports Division $31,185,000 Sales—Summer Sports Division 34,452,000 Cost of Goods Sold—Winter Sports Division 18,711,000 Cost of Goods Sold—Summer Sports Division 19,899,000 Sales Expense—Winter Sports Division 5,346,000 Sales Expense—Summer Sports Division...
Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lin...
Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a recent quarter’s activity are presented below. Tablet Division MP3 Player Division Total Sales $854,000 $546,000 $1,400,000 Variable costs 631,960 300,300 932,260 Contribution margin $222,040 $245,700 467,740 Fixed costs 136,981 Net income $330,759 Determine sales mix percentage and contribution margin ratio for each division. Sales Mix Percentage Tablet division % MP3 Player division % Contribution Margin Ratio Tablet...
Sales Mix and Break-Even Sales Dragon Sports Inc. manufactures and sells two products, baseball bats and...
Sales Mix and Break-Even Sales Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $445,000, and the sales mix is 40% bats and 60% gloves. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Bats $50 $70 Gloves 180 a. Compute the break-even sales (units) for both products combined: 14,833 x units 5. How many units of each product,...
Question 1 Oriole Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear. Oriole incurs $6752500 in fixed costs. The contribution margin ratio for Sporting Goods is 30%, while for Sports Gear it is 50%. The break-even point in dollars is o $18250000. $2498425. O $16881250 $15703489. Click if you would like to Show Work for this question:
Question 20 4 pts Cunningham, Inc. sells MP3 players for $60 each. Variable costs are $40 per unit, and fixed costs total $120,000. How many MP3 players must Cunningham sell to earn net income of $280,000? 20,000 5,000. 6,000. 7,000. Question 23 4 pts Mercantile Corporation has sales of $2,000,000, variable costs of $800,000, and fixed costs of $900,000. Mercantile's degree of operating leverage is 1.33 4.00 1.50 1.67. Question 28 4 pts Swanson Company has two divisions; Sporting Goods...
Extreme Sporting Goods is a retailer of sporting equipment. Last year, Extreme Sporting Goods' sales revenues totalled $6,500,000. Total expenses were $1,730,000. Of this amount, approximately $1,025,000 were variable, while the remainder were fixed. Since Extreme Sporting Goods offers thousands of different products, its managers prefer to calculate the break-even point in terms of sales dollars rather than units. Assume that Extreme Sporting Goods gathers information on the sales of its products based on two departments: Winter Sports and Summer...
Determine break-even point in dollars for two divisions. E19.10 (LO2) Personal Electronix sells computer tablets and MP3 players. The business is divided into two divisions along product lines. CVP income statements for a recent quarter's activity are presented below Tablet Division MP3 Player Division Total Sales $600,000 $400,000 S1.000.000 Variable costs 420,000 260,000 680,000 Contribution margin S180,000 $140,000 320,000 Fixed costs 120,000 Net income $ 200,000 Instructions a. Determine the sales mix percentage based on sales revenue and contribution margin...
Sanburn Sporting Goods manufactures athletic and recreational equipment. Their unit sales and cost data for the year 2020 is shown here: Pool cues Tennis rackets $ 50 40 Baseball bats $ 45 42 Lacrosse sticks $ 65 $ 25 Sales price / unit Variable costs / unit Contribution margin/ unit Sales mix $ 10 $ 3 $ 10 $25 40% 30% 25% 5% Sanburn expects their total fixed costs to be $125,425 in 2020. REQUIRED: 1. Calculate Sanburn's break-even point...
Sanburn Sporting Goods manufactures athletic and recreational
equipment. Their unit sales and cost data for the year 2020 is
shown here:
Sanburn expects their total fixed costs to be $125,425 in
2020.
REQUIRED:
1. Calculate Sanburn’s break-even point in units for the whole
company.
2. Calculate Sanburn’s break-even point in units for each of their
products.
3. Demonstrate that the sales quantities you found for each product
in #2 will actually generate an overall net income of zero for
Sanburn....
Sales Mix and Break-Even Sales Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $445,000, and the sales mix is 40% bats and 60% gloves. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Bats $50 $70 Gloves 180 a. Compute the break-even sales (units) for both products combined: 14,833 x units 5. How many units of each product,...
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