The following data are available for product no. CK7, manufactured and sold by Rose Corporation: Total fixed c...
The following data are available for product no. CK7, manufactured and sold by Rose Corporation:
| Total fixed cost (per period) | $ | 508,950 | ||
| Variable cost per unit | $ | 151.00 | ||
| Sales price per unit | $ | 190.00 | ||
The contribution margin per unit for product no. CK7 is:
Multiple Choice
-
$171.00.
-
$86.00.
-
$209.00.
-
$39.00.
Homework Answers
Contribution Margin per unit
= Sales price per unit - Variable cost per unit
= 190 - 151
= 39
Option D is the answer
Add Answer to:
The following data are available for product no. CK7, manufactured and sold by Rose Corporation: Total fixed c...
The following data are available for product no. CK7, manufactured and sold by Rose Corporation: Total...
The following data are available for product no. CK7, manufactured and sold by Rose Corporation: Total fixed cost (per period) $ 508,950 Variable cost per unit $ 151.00 Sales price per unit $ 190.00 The number of units of CK7 that Rose must sell to break- even is: Multiple Choice 2,679. 13,050. 3,358. 3,371.
The following data are available for product no. CK74, manufactured and sold by Ruby Corporation: Maximum...
The following data are available for product no. CK74, manufactured and sold by Ruby Corporation: Maximum capacity with present facilities 6,500 units Total fixed cost (per period) $ 736,300 Variable cost per unit $ 117.00 Sales price per unit $ 191.00 31) The contribution margin per unit for product no. CK74 is: Multiple Choice $74.00. $56.00. $154.00. $34.00. 32) The number of units of CK74 that Ruby must sell to break- even is: Multiple Choice 3,855. 4,111. 6,293. 9,950. 33)...
Reliance Corporation sold 5,200 units of its product at a price of $26 per unit. Total...
Reliance Corporation sold 5,200 units of its product at a price of $26 per unit. Total variable cost per unit is $18.00, consisting of $17.20 in variable production cost and $0.80 in variable selling and administrative cost. Compute the contribution margin for the company. Multiple Choice $41,600 $93,600 $135,200 $89,440 $97,760
Keyser Corporation, which has only one product, has provided the following data concerning its most recent...
Keyser Corporation, which has only one product, has provided the following data concerning its most recent month of operations Selling price $ 157 Units in beginning inventory Units produced Units sold Units in ending inventory 1,250 9,150 9,250 1,150 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ 73,200 $166,000 The company produces the same number of units every month, although the...
Rose Corp, has contribution margin of $78,100, variable costs of $11.00 per unit, and fixed costs...
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Krepps Corporation produces a single product. Last year, Krepps manufactured 20,000 units and sold 15,000 units. Production costs for the year were as follows: Direct materials $ 170,000 Direct labor $ 110,000 Variable manufacturing overhead $ 200,000 Fixed manufacturing overhead $ 240,000 Sales totaled $825,000 for the year, variable selling and administrative expenses totaled $108,000, and fixed selling and administrative expenses totaled $165,000. There was no beginning inventory. Assume that direct labor is a variable cost. The contribution margin per...
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Krepps Corporation produces a single product. Last year, Krepps manufactured 33,910 units and sold 28,100 units. Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $247,543 $176,332 $284,844 474,740 Sales totaled $1,405,000 for the year, variable selling and administrative expenses totaled $148,930, and fixed selling and administrative expenses totaled $247,543. There was no beginning inventory. Assume that direct labor is a variable cost. The contribution margin per unit was:
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Krepps Corporation produces a single product. Last year, Krepps manufactured 35,250 units and sold 29,700 units. Production costs for the year were as follows: Direct materials $ 257,325 Direct labor $ 179,775 Variable manufacturing overhead $ 267,900 Fixed manufacturing overhead $ 634,500 Sales totaled $1,351,350 for the year, variable selling and administrative expenses totaled $151,470, and fixed selling and administrative expenses totaled $257,325. There was no beginning inventory. Assume that direct labor is a variable cost. The contribution margin per...
Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The...
Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $366,000 and the variable expenses are 45% of sales. Given this information, the actual profit is: Multiple Choice Ο Ο 697600 Ο $67100 Ο $18,300 Ο $50,325 Kuzio Corporation produces and sells a single product. Data concerning that product appear below Selling price Variable expenses Contribution margin Per Unit $140 56 $ 84 Percent of Sales 100% 40% 60% The company...
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$4512000
$3609600
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Keyser Corporation, which has only one product, has provided the following data concerning its most recent month of operations Selling price $ 157 Units in beginning inventory Units produced Units sold Units in ending inventory 1,250 9,150 9,250 1,150 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ 73,200 $166,000 The company produces the same number of units every month, although the...
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