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Southern Instruments makes calculators for business spplications. The budgeted selling price is $120 per call opera...
question 15 Stz Cempany makes chairs. The budgeled selng price is $55 per chair, the varabile...
question 15
Stz Cempany makes chairs. The budgeled selng price is $55 per chair, the varabile rate is $25 per chair and budgeted fixed costs are $20,000 per month What is the budgeted operating income for 3,100 chairs sold in a manth OA. $00.000 OB. $170,500 Oc. $73.000 OD. $97,500
Variable versus absorption costing Colorado Business Tools manufactures calculators. Costs incurred in making 9,500 calc...
Variable versus absorption costing Colorado Business Tools manufactures calculators. Costs incurred in making 9,500 calculators in February included $29,450 of fixed manufacturing overhead. The total absorption cost per calculator was $10.25. A. Calculate the variable cost per calculator. B. The ending inventory of pocket calculators was 750 units higher at the end of the month than at the beginning of the month. By how much and in what direction (higher or lower) would operating income for the month of February...
QUESTION 5 Stone Company plans to sell 200,000 calculators. The fixed costs are $600,000, and the...
QUESTION 5 Stone Company plans to sell 200,000 calculators. The fixed costs are $600,000, and the variable costs are 60% of the selling price. If the company wants to realize a profit of $120,000, the selling price of each calculator must be: $5.00 $7.50 $9.00 $10.00 QUESTION 6 Brower Company manufacturers and sells one product for $100 per unit. The variable costs per unit are $70, and the monthly total fixed costs are $3,750. Last month Brower sold 100 units...
If the selling price per unit is $71, variable expenses per unit are $49, target operating...
If the selling price per unit is $71, variable expenses per unit are $49, target operating income is $36,000, and total fixed expenses are $24,000, how many units must be sold to reach the target operating income? (Round the final answer up to the nearest unit.) OA SOS OB 1,637 Oc1091 OD. 2,728
nmentSessionLocator-assignment-take&inprogress=false Calculator A business operated at 100% of capacity during its first month, with the following...
nmentSessionLocator-assignment-take&inprogress=false Calculator A business operated at 100% of capacity during its first month, with the following results: Sales (96 units) $480,000 $60,000 15,000 Production costs (120 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead Operating expenses: Variable operating expenses 27,000 24,000 126,000 $5,150 3,240 Fixed operating expenses 8,390 The amount of operating income that would be reported on the variable costing income statement is Oa. $366,010 Ob. $479,880 Oc. $471,610 Od. $393,250
Dent Company incurred the following costs while producing 480 units direct materials. $14 per unit direct...
Dent Company incurred the following costs while producing 480 units direct materials. $14 per unit direct labor $25 per unit variable manufacturing overhead $13 per un total fed manufacturing overhead costs $7680 variable Selling and administrative costs $11 per un total fixed selling and administrative st. 54320. There are no beginning inventories What is the operating income using variable costing W 420 units are sold for 5120 each? OA $12.480 OB. 516.140 OC. 511520 OD. 523 520
Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs...
Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) Meer Company's contribution format income statement for the most recent month is shown below. Per Unit $10.00 Sales (33.000 nits) Variable expenses Contribution margin Fixed expenses perating con Required: (Consider each case independently 1 What is the revised net operating income funit sales increase by 10%? 2 What is the revised net operating income of the selling price decreases by $150 per...
1) 2) 3) 4) 5) If variable costs per unit decreased because of a decrease in...
1)
2)
3)
4)
5)
If variable costs per unit decreased because of a decrease in utility rates, the break-even point would Oa. decrease Ob. increase Oc. remain the same Od. increase or decrease, depending upon the percentage increase in utility rates If sales are $400,000, variable costs are 80% of sales, and operating income is $40,000, what is the operating leverage? Oa. 0.0 Ob. 1.3 Oc. 7.5 Od. 2.0 If fixed costs are $561,000 and the unit contribution margin...
The ace company sells a single product at a budgeted price per unit of $45. Budgeted...
The ace company sells a single product at a budgeted price per unit of $45. Budgeted fixed manufactoring costs for the coming perood are $15,000, while budgeted fixed marketing expenses for the period are $26,500. Budgeted variable costs per unit include $7 of selling expenses (commision) and $9 of manufactoring costs. what is the budgeted operating income if the anticipatec sales volume for the period is: 1. 10,500 units 2. 15,500 units
Spice Inc.'s unit selling price is $46, unit variable costs are $39, fixed costs are $117,000,...
Spice Inc.'s unit selling price is $46, unit variable costs are $39, fixed costs are $117,000, and current sales are 10,200 units. How much will operating income change if sales increase by 5,900 units? Oa. $112,700 increase Ob. $41,300 increase Oc. $71,400 decrease Od. $71,400 increase
question 15
Stz Cempany makes chairs. The budgeled selng price is $55 per chair, the varabile rate is $25 per chair and budgeted fixed costs are $20,000 per month What is the budgeted operating income for 3,100 chairs sold in a manth OA. $00.000 OB. $170,500 Oc. $73.000 OD. $97,500
If the selling price per unit is $71, variable expenses per unit are $49, target operating income is $36,000, and total fixed expenses are $24,000, how many units must be sold to reach the target operating income? (Round the final answer up to the nearest unit.) OA SOS OB 1,637 Oc1091 OD. 2,728
nmentSessionLocator-assignment-take&inprogress=false Calculator A business operated at 100% of capacity during its first month, with the following results: Sales (96 units) $480,000 $60,000 15,000 Production costs (120 units): Direct materials Direct labor Variable factory overhead Fixed factory overhead Operating expenses: Variable operating expenses 27,000 24,000 126,000 $5,150 3,240 Fixed operating expenses 8,390 The amount of operating income that would be reported on the variable costing income statement is Oa. $366,010 Ob. $479,880 Oc. $471,610 Od. $393,250
Dent Company incurred the following costs while producing 480 units direct materials. $14 per unit direct labor $25 per unit variable manufacturing overhead $13 per un total fed manufacturing overhead costs $7680 variable Selling and administrative costs $11 per un total fixed selling and administrative st. 54320. There are no beginning inventories What is the operating income using variable costing W 420 units are sold for 5120 each? OA $12.480 OB. 516.140 OC. 511520 OD. 523 520
Exercise 5-13 Changes in Selling Price, Sales Volume, Variable Cost per Unit, and Total Fixed Costs (LO5-1, LO5-4) Meer Company's contribution format income statement for the most recent month is shown below. Per Unit $10.00 Sales (33.000 nits) Variable expenses Contribution margin Fixed expenses perating con Required: (Consider each case independently 1 What is the revised net operating income funit sales increase by 10%? 2 What is the revised net operating income of the selling price decreases by $150 per...
1)
2)
3)
4)
5)
If variable costs per unit decreased because of a decrease in utility rates, the break-even point would Oa. decrease Ob. increase Oc. remain the same Od. increase or decrease, depending upon the percentage increase in utility rates If sales are $400,000, variable costs are 80% of sales, and operating income is $40,000, what is the operating leverage? Oa. 0.0 Ob. 1.3 Oc. 7.5 Od. 2.0 If fixed costs are $561,000 and the unit contribution margin...
Spice Inc.'s unit selling price is $46, unit variable costs are $39, fixed costs are $117,000, and current sales are 10,200 units. How much will operating income change if sales increase by 5,900 units? Oa. $112,700 increase Ob. $41,300 increase Oc. $71,400 decrease Od. $71,400 increase
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