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21-22 (similar to) son steal Company sells two products. Beta and Sigma, with a sales mix...
Kamili Company sells two different products. Please give the steps of the question'product mix' and 'breakeven...
Kamili Company sells two different products. Please give the
steps of the question'product mix' and 'breakeven sales
revenue'.
No explanation is required for all journal entries. Show all supporting calculations. Problem 2 (14 points) Kamili Company sells two different products. Following are the monthly revenues and costs, Product A Sales Quantity........... ..... 30,000 units Price per Unit.. ........ $10 Contribution Margin Percentage...............70% Product B Sales Quantity.... 20,000 Units Price per Unit..... ..... ....... $5 Contribution Margin Percentage......... ....40% Total fixed...
Question 10 7.5 pts Sales Mix Decision A company produces two products, A & B. A...
Question 10 7.5 pts Sales Mix Decision A company produces two products, A & B. A sells for $5.00 per unit and B sells for $6.25 per unit. Variable costs for product A are $3.5 per unit. Variable costs for product B are $4 per unit. The company has a capacity of 2500 machine hours per month. Product A uses 0.5 machine hours per unit and Product B uses 1.5 machine hours per unit. 1. The contribution margin per machine...
Westburne Company produces three products: Alpha, Omega, and Beta. Data (per unit) concerning the three products...
Westburne Company produces three products: Alpha, Omega, and
Beta. Data (per unit) concerning the three products follow:
Alpha
Omega
Beta
Selling price
$160
$112
$140
Less variable expenses:
Direct materials
48
30
18
Labour and overhead
48
54
80
Total variable expenses
96
84
98
Contribution margin
$ 64
$ 28
$ 42
Contribution margin ratio
40%
25%
30%
Demand for the company’s products is very strong, with far more
orders each month than the company can...
Problem 25-5A Analyzing sales mix strategies LO P3 Edgerron Company is able to produce two products,...
Problem 25-5A Analyzing sales mix strategies LO P3 Edgerron Company is able to produce two products, G and B, with the same machine in its factory. The following information is available. Selling price per unit Variable costs per unit Contribution margin per unit Machine hours to produce 1 unit Maximum unit sales per month Product G $ 120 40 $ 80 Product B $ 160 90 $ 70 1.0 hours 200 units 0.4 hours 600 units The company presently operates...
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...
Cane Company manufactures two products called Alpha and Beta that sell for $165 and $130, respectively....
Cane Company manufactures two products called Alpha and Beta that sell for $165 and $130, respectively. Each product uses only one type of raw material that costs $8 per pound. The company has the capacity to annually produce 113,000 units of each product. Its unit costs for each product at this level of activity are given below: Direct materials Direct labor Variable manufacturing overhead Traceable fixed manufacturing overhead Variable selling expenses Common fixed expenses Alpha Beta $ 40$ 24 25...
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,...
How is the sales mix for a product determined when the company has three products? O Add the sales volumes for three pr...
How is the sales mix for a product determined when the company has three products? O Add the sales volumes for three products together and divide by 3. Divide the total of the sales volumes by the sales volume for the product. O Add the contribution margins of the three products together and divide by 3. O Divide the sales volume for the product by the total of the sales volumes for the 3 products. Nancy O'Connon has recently left...
Cane Company manufactures two products called Alpha and Beta that sell for $165 and $130, respectively....
Cane Company manufactures two products called Alpha and Beta that sell for $165 and $130, respectively. Each product uses only one type of raw material that costs $8 per pound. The company has the capacity to annually produce 113,000 units of each product. Its average cost per unit for each product at this level of activity are given below: Alpha $ 40 Beta $ 24 25 14 15 Direct materials Direct labor Variable manufacturing overhead Traceable fixed manufacturing overhead Variable...
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...
Kamili Company sells two different products. Please give the
steps of the question'product mix' and 'breakeven sales
revenue'.
No explanation is required for all journal entries. Show all supporting calculations. Problem 2 (14 points) Kamili Company sells two different products. Following are the monthly revenues and costs, Product A Sales Quantity........... ..... 30,000 units Price per Unit.. ........ $10 Contribution Margin Percentage...............70% Product B Sales Quantity.... 20,000 Units Price per Unit..... ..... ....... $5 Contribution Margin Percentage......... ....40% Total fixed...
Question 10 7.5 pts Sales Mix Decision A company produces two products, A & B. A sells for $5.00 per unit and B sells for $6.25 per unit. Variable costs for product A are $3.5 per unit. Variable costs for product B are $4 per unit. The company has a capacity of 2500 machine hours per month. Product A uses 0.5 machine hours per unit and Product B uses 1.5 machine hours per unit. 1. The contribution margin per machine...
Westburne Company produces three products: Alpha, Omega, and
Beta. Data (per unit) concerning the three products follow:
Alpha
Omega
Beta
Selling price
$160
$112
$140
Less variable expenses:
Direct materials
48
30
18
Labour and overhead
48
54
80
Total variable expenses
96
84
98
Contribution margin
$ 64
$ 28
$ 42
Contribution margin ratio
40%
25%
30%
Demand for the company’s products is very strong, with far more
orders each month than the company can...
Problem 25-5A Analyzing sales mix strategies LO P3 Edgerron Company is able to produce two products, G and B, with the same machine in its factory. The following information is available. Selling price per unit Variable costs per unit Contribution margin per unit Machine hours to produce 1 unit Maximum unit sales per month Product G $ 120 40 $ 80 Product B $ 160 90 $ 70 1.0 hours 200 units 0.4 hours 600 units The company presently operates...
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...
Cane Company manufactures two products called Alpha and Beta that sell for $165 and $130, respectively. Each product uses only one type of raw material that costs $8 per pound. The company has the capacity to annually produce 113,000 units of each product. Its unit costs for each product at this level of activity are given below: Direct materials Direct labor Variable manufacturing overhead Traceable fixed manufacturing overhead Variable selling expenses Common fixed expenses Alpha Beta $ 40$ 24 25...
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,...
How is the sales mix for a product determined when the company has three products? O Add the sales volumes for three products together and divide by 3. Divide the total of the sales volumes by the sales volume for the product. O Add the contribution margins of the three products together and divide by 3. O Divide the sales volume for the product by the total of the sales volumes for the 3 products. Nancy O'Connon has recently left...
Cane Company manufactures two products called Alpha and Beta that sell for $165 and $130, respectively. Each product uses only one type of raw material that costs $8 per pound. The company has the capacity to annually produce 113,000 units of each product. Its average cost per unit for each product at this level of activity are given below: Alpha $ 40 Beta $ 24 25 14 15 Direct materials Direct labor Variable manufacturing overhead Traceable fixed manufacturing overhead Variable...
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...
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