27) Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for $300 and has a unit contribution margin of $105; the Adult model sells for $850 and has a unit contribution margin of $450; and the Recreational model sells for $1,000 and has a unit contribution margin of $500. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,500,000, calculate the firm's contribution margin per composite unit.
A) $1,055.
B) $1,950.
C) $1,255.
D) $7,575.
E) $1,500.
27) Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for...
Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $300 and has a unit contribution margin of $105; the Adult model sells for $850 and has a unit contribution margin of $450; and the Recreational model sells for $1,000 and has a unit contribution margin of $500. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,500,000, calculate the firm's contribution...
Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for $350 and has a unit contribution margin of $130, the Adult model sells for $900 and has a unit contribution margin of $475, and the Recreational model sells for $1,050 and has a unit contribution margin of $525. The company's sales mix includes: 5 Youth models: 9 Adult models, and 6 Recreational models. If the firm's annual fixed costs total $6,550,000, calculate the firm's selling...
Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $320 and has a unit contribution margin of $110; the Adult model sells for $860 and has a unit contribution margin of $455; and the Recreational model sells for $1,030 and has a unit contribution margin of $505. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,510,000, calculate the firm's contribution...
Question 3 Coronado Corporation sells three different models of a mosquito "zapper." Model A12 sells for $54 and has variable costs of $39. Model B22 sells for $105 and has variable costs of $73. Model C124 sells for $411 and has variable costs of $309. The sales mix of the three models is A12, 59%; B22, 30%; and C124, 11%. What is the weighted average unit contribution margin? (Round answer to 2 decimal places, e.g. 15.50.) Weighted-Average Unit Contribution Margin...
Multiple Product Break-Even Analysis Assume Dick's Sporting Goods sells three styles of youth hockey sticks: Bauer, Warrior and CCM. Presented is information for Dick's three products. BauerWarriorCCMUnit selling price$180$120$100Unit variable costs1207560Unit contribution margin$60$45$40With monthly fixed costs of $150,000, the company sells two Bauer sticks for each Warrior, and three Warrior for each CCM. Determine the number of Warrior sticks sold at the monthly break-even point. Round UP answer to the nearest unit.
Brief Exercise 6-7 NoFly Corporation sells three different models of a mosquito “zapper.” Model A12 sells for $55 and has variable costs of $40. Model B22 sells for $107 and has variable costs of $79. Model C124 sells for $414 and has variable costs of $307. The sales mix of the three models is A12, 55%; B22, 29%; and C124, 16%. What is the weighted-average unit contribution margin? (Round answer to 2 decimal places, e.g. 15.50.) Weighted-Average Unit Contribution Margin...
Tim’s Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows: Product Type Sales Price Invoice Cost Sales Commission High-quality $ 1,400 $ 750 $ 90 Medium-quality 800 470 70 Three-quarters of the shop’s sales are medium-quality bikes. The shop’s annual fixed expenses are $147,400. (In the following requirements, ignore income taxes.) Required: Compute the unit contribution margin for each product type. What is the shop’s sales mix?...
Tim’s Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows: Product Type Sales Price Invoice Cost Sales Commission High-quality $ 1,300 $ 700 $ 80 Medium-quality 750 420 60 Three-quarters of the shop’s sales are medium-quality bikes. The shop’s annual fixed expenses are $159,600. (In the following requirements, ignore income taxes.) Required: Compute the unit contribution margin for each product type. What is the shop’s sales mix?...
Tim’s Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows: Product Type Sales Price Invoice Cost Sales Commission High-quality $ 1,800 $ 950 $ 40 Medium-quality 1,000 670 20 Three-quarters of the shop’s sales are medium-quality bikes. The shop’s annual fixed expenses are $234,900. (In the following requirements, ignore income taxes.) Required: 1. Compute the unit contribution margin for each product type. 2. What is the shop’s...
Tim’s Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows: Product Type Sales Price Invoice Cost Sales Commission High-quality $ 1,750 $ 790 $ 90 Medium-quality 870 570 30 Three-quarters of the shop’s sales are medium-quality bikes. The shop’s annual fixed expenses are $277,200. (In the following requirements, ignore income taxes.) Required: Compute the unit contribution margin for each product type. What is the shop’s sales mix?...