Homework Answers
Contribution margin =(selling price-variable price)*units
Contribution margin =(14-8)*36000
Contribution margin =216000
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Martin Company currently produces and sells 36,000 units of product at a selling price of $14. The product has vari...
Martin Company currently produces and sells 32,000 units of product at a selling price of $14....
Martin Company currently produces and sells 32,000 units of product at a selling price of $14. The product has variable costs of $6 per unit and fixed costs of $42,000. The company currently earns a total contribution margin of Multiple Choice $252,000 $294.000 $210,000 $250.000
Martin Company currently produces and sells 41,000 units of product at a selling price of $15....
Martin Company currently produces and sells 41,000 units of product at a selling price of $15. The product has variable costs of $8 per unit and fixed costs of $51,000. The company currently earns a total contribution margin of: Multiple Choice $357,000 $459,000 $287,000 $408,000
Martin company currently produces and sells 40000 units of product at a selling price of $12...
Martin company currently produces and sells 40000 units of product at a selling price of $12 the product has a variable cost of $6 per unit and the fixed cost of 150000 the company currently earns a total contribution margin of contribution margin =(sales -variable cost) $12-$6=$6×40,000 units =$240,000
Help Save at Submit Martin Company currently produces and sells 47,000 units of product at a...
Help Save at Submit Martin Company currently produces and sells 47,000 units of product at a selling price of $13. The product has variable costs of $7 per unit and fixed costs of $57,000. The company currently earns a total contribution margin of Multiple Choice o O sasspoo o О зароо o О ѕ282, ooo o ѕ99,роо < Prex of 10 Next >
Newman Company currently produces and sells 7,000 units of a product that has a contribution margin...
Newman Company currently produces and sells 7,000 units of a product that has a contribution margin of $9 per unit. The company sells the product for a sales price of $23 per unit. Fixed costs are $20,000. The company is considering investing in new technology that would decrease the variable cost per unit to $11 per unit and double total fixed costs. The company expects the new technology to increase production and sales to 12,000 units of product. What sales...
Munoz Company currently produces and sells 7,400 units annually of a product that has a variable...
Munoz Company currently produces and sells 7,400 units annually of a product that has a variable cost of $15 per unit and annual fixed costs of $247,200. The company currently earns a $71,000 annual profit. Assume that Munoz has the opportunity to invest in new labor-saving production equipment that will enable the company to reduce variable costs to $13 per unit. The investment would cause fixed costs to increase by $10,900 because of additional depreciation cost. Required Use the equation...
Campbell Company currently produces and sells 8,000 units annually of a product that has a variable...
Campbell Company currently produces and sells 8,000 units annually of a product that has a variable cost of $14 per unit and annual fixed costs of $293,000. The company currently earns a $83,000 annual profit. Assume that Campbell has the opportunity to invest in new labor-saving production equipment that will enable the company to reduce variable costs to $12 per unit. The investment would cause fixed costs to increase by $9,900 because of additional depreciation cost. Required a. Use the...
Bates Company currently produces and sells 5,000 units of a product that has a contribution margin...
Bates Company currently produces and sells 5,000 units of a product that has a contribution margin of $5 per unit. The company sells the product for a sales price of $20 per unit. Fixed costs are $20,000. The company has recently invested in new technology and expects the variable cost per unit to fall to $12 per unit. The investment is expected to increase fixed costs by $15,000. After the new investment is made, how many units must be sold...
Q.5 Franklin Company currently produces and sells 7,700 units annually of a product that has a...
Q.5
Franklin Company currently produces and sells 7,700 units
annually of a product that has a variable cost of $8 per unit and
annual fixed costs of $287,900. The company currently earns a
$74,000 annual profit. Assume that Franklin has the opportunity to
invest in new labor-saving production equipment that will enable
the company to reduce variable costs to $6 per unit. The investment
would cause fixed costs to increase by $9,000 because of additional
depreciation cost.
Required
Use the...
Stuart Company currently produces and sells 7,100 units annually of a product that has a variable...
Stuart Company currently produces and sells 7,100 units annually of a product that has a variable cost of $11 per unit and annual fixed costs of $323,800. The company currently earns a $88,000 annual profit. Assume that Stuart has the opportunity to invest in new labor-saving production equipment that will enable the company to reduce variable costs to $9 per unit. The investment would cause fixed costs to increase by $10,900 because of additional depreciation cost. Required a. Use the...
Martin Company currently produces and sells 32,000 units of product at a selling price of $14. The product has variable costs of $6 per unit and fixed costs of $42,000. The company currently earns a total contribution margin of Multiple Choice $252,000 $294.000 $210,000 $250.000
Help Save at Submit Martin Company currently produces and sells 47,000 units of product at a selling price of $13. The product has variable costs of $7 per unit and fixed costs of $57,000. The company currently earns a total contribution margin of Multiple Choice o O sasspoo o О зароо o О ѕ282, ooo o ѕ99,роо < Prex of 10 Next >
Newman Company currently produces and sells 7,000 units of a product that has a contribution margin of $9 per unit. The company sells the product for a sales price of $23 per unit. Fixed costs are $20,000. The company is considering investing in new technology that would decrease the variable cost per unit to $11 per unit and double total fixed costs. The company expects the new technology to increase production and sales to 12,000 units of product. What sales...
Campbell Company currently produces and sells 8,000 units annually of a product that has a variable cost of $14 per unit and annual fixed costs of $293,000. The company currently earns a $83,000 annual profit. Assume that Campbell has the opportunity to invest in new labor-saving production equipment that will enable the company to reduce variable costs to $12 per unit. The investment would cause fixed costs to increase by $9,900 because of additional depreciation cost. Required a. Use the...
Q.5
Franklin Company currently produces and sells 7,700 units
annually of a product that has a variable cost of $8 per unit and
annual fixed costs of $287,900. The company currently earns a
$74,000 annual profit. Assume that Franklin has the opportunity to
invest in new labor-saving production equipment that will enable
the company to reduce variable costs to $6 per unit. The investment
would cause fixed costs to increase by $9,000 because of additional
depreciation cost.
Required
Use the...
Stuart Company currently produces and sells 7,100 units annually of a product that has a variable cost of $11 per unit and annual fixed costs of $323,800. The company currently earns a $88,000 annual profit. Assume that Stuart has the opportunity to invest in new labor-saving production equipment that will enable the company to reduce variable costs to $9 per unit. The investment would cause fixed costs to increase by $10,900 because of additional depreciation cost. Required a. Use the...
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