Instructions Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gasgrill,...
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill, a larger stationary gas grill, and the specialty smoker. In the coming year, Texas-Q expects to sell 14,100 portable grills, 47,000 stationary grills, and 4,700 smokers. Information on the three models is as follows: Portable Stationary Smokers Price $86 $195 $245 Variable cost per unit 42 126 144 Total fixed cost is $1,947,530. Required: 1. What is the sales mix of portable grills to...
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill, a larger stationary gas grill, and the specialty smoker. In the coming year, Texas-Q expects to sell 19,600 portable grills, 44,100 stationary grills, and 4,900 smokers. Information on the three models is as follows: Stationary Portable $86 Smokers $245 Price $198 Variable cost per unit - 43 126 144 Total fixed cost is $2,026,200. Required: 1. What is the sales mix of portable grills...
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill, a larger stationary gas grill, and the specialty smoker. In the coming year, Texas-Q expects to sell 15,900 portable grills, 47,700 stationary grills, and 5,300 smokers. Information on the three models is as follows: Portable Stationary Smokers Price $92 $199 $246 Variable cost per unit 50 127 136 Total fixed cost is $1.918,280 Required: 1. What is the sales mix of portable grills to...
Hello! Can someone explain how to solve this problem? I could not solve it and need to in order to move forward with the assignment. Thanks! Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill, a larger stationary gas grill, and the specialty smoker. In the coming year, Texas-Q expects to sell 20,800 portable grills, 52,000 stationary grills, and 5,200 smokers. Information on the three models is as follows: Portable Stationary Smokers Price...
Hello! Can someone give me a step by step on how to do this? I don't have it in my textbook and im confused. Thanks! Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill, a larger stationary gas grill, and the specialty smoker. In the coming year, Texas-Q expects to sell 15,000 portable grills, 55,000 stationary grills, and 5,000 smokers. Information on the three models is as follows: Portable Stationary $203 Smokers $247...
Hello! Can someone please help me solve this problem in a step by step solution? THanks so much! Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill, a larger stationary gas grill, and the specialty smoker. In the coming year, Texas-Q expects to sell 15,600 portable grills, 52,000 stationary grills, and 5,200 smokers. Information on the three models is as follows: Portable $93 Stationary $203 Smokers $249 Price Variable cost per unit R...
4-34 Texas-Q products produces three products: Portable grill $90 Stationary Grill Smo $250 $200 Price Variable cost per unit Est. number sold 45 20 130 50,000 5,000 The total fixed cost is $2,128,500. 1. Form a package based on the sales mix expected for the coming year: Step 2 Step 1 Price- Unit variable Unit contribution Sales Mix- Package unit Product contribution margn Portable grill Stationary Grill Smoker Package total Step 3: calculate break-even packages: Step 4: calculate break-even units...
Instructions Multiple-Product Break-even, Break-Even Sales Revenue Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDS and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,500 DVDS and 4,500 equipment sets. Information on the two products is as follows: Equipment Sets DVDS Price $8 $25 Variable cost per unit 15 Total fixed cost is $98,550. Suppose that in the coming year, the company plans to produce an extra-thick yoga mat for sale...
Amount Descriptions Calculations Contribution Margin Income Statement Instructions Suppose that Larimer Company sells a product for $20. Unit costs are as follows: Direct materials $1.70 Direct labor 1.60 Variable factory overhead Variable selling and administrative expense 2.00 1.50 Total fixed factory overhead is $55,240 per year, and total fixed selling and administrative expense is $38,480. Required: 1. Calculate the variable cost per unit and the contribution margin per unit. 2. Calculate the contribution margin ratio and the variable cost ratio....
Multiple-Product Break-even, Break-Even Sales Revenue Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,500 DVDs and 4,500 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $8 $25 Variable cost per unit 4 15 Total fixed cost is $99,750. Suppose that in the coming year, the company plans to produce an extra-thick yoga mat for sale...