Homework Answers
Since the Dark Chocolate Division is already operating at capacity, it would have to charge the Peanut Butter Division its current selling price on the outside market of $60000/150000 pounds i.e. $0.40 per pound to maintain its current profit.
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The Dark Chocolate Division of Yummy Snacks, Inc. had the following operating results last year: Sales...
The Raisin Division of Trail Mix Foods, Incorporated had the following operating results last year: Sales...
The Raisin Division of Trail Mix Foods, Incorporated had the following operating results last year: Sales (156,000 pounds of raisins) $ 71,760 Variable expenses 31,200 Contribution margin 40,560 Fixed expenses 15,000 Profit $ 25,560 Raisin expects identical operating results this year. The Raisin Division has the ability to produce and sell 206,000 pounds of raisins annually. Assume that the Peanut Division of Trail Mix Foods wants to purchase an additional 26,000 pounds of raisins from the Raisin Division. Raisin will...
Division 1 of Hindmarsh’s Engineering Co., expects the following results next year, all from sales to...
Division 1 of Hindmarsh’s Engineering Co., expects the following results next year, all from sales to outsiders: Sales (10,000 units @$50) $500,000 Variable costs $200,000 Contribution margin $300,000 Fixed costs $100,000 Profit $200,000 Division 1 has a 12,000 unit capacity. Division 2 of the company is introducing a new product. The manager of Division 2 expects to sell 3,000 units of the new product at $75 per unit. The product requires a unit of Division 1’s product, which Division 2...
Last year, the company sold 60,000 of these balls, with the following results: Sales (60,000 balls)...
Last year, the company sold 60,000 of these balls, with the following results: Sales (60,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income $ 1,500,000 900,000 600,000 375,000 $ 225,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
Assume the Residential Division of Kindle Faucets had the following results last year: Net sales revenue...
Assume the Residential Division of Kindle Faucets had the following results last year: Net sales revenue Operating income Average total assets Managements target rate of return What is the division's profit margin ratio? $ 10,200,000 1,020,000 5,100,000 13% OA, 200% O B. 1,000% OC, 20% O D. 10%
Last year, the company sold 32,000 of these balls, with the following results: $ Sales (32,000...
Last year, the company sold 32,000 of these balls, with the following results: $ Sales (32,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income 800,000 480,000 320,000 211,000 109,000 $ Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
Ignacio, Inc., had after-tax operating income last year of $1,198,000. Three sources of financing...
Ignacio, Inc., had after-tax operating income last year of $1,198,000. Three sources of financing were used by the company: $2 million of mortgage bonds paying 4 percent interest, $4 million of unsecured bonds paying 6 percent interest, and $11 million in common stock, which was considered to be relatively risky (with a risk premium of 8 percent). The rate on long-term treasuries is 3 percent. Ignacio, Inc., pays a marginal tax rate of 30 percent. Required: 1. Calculate the after-tax...
Last year, the company sold 54,000 of these balls, with the following results: Sales (54,000 balls)...
Last year, the company sold 54,000 of these balls, with the following results: Sales (54,000 balls) $ 1,350,000 Variable expenses 810,000 Contribution margin 540,000 Fixed expenses 372,000 Net operating income $ 168,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year’s sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
gaunlett inc reported the following results from last tears operations margin of 11 Sales are $320,000,...
gaunlett inc reported the following results from last tears
operations
margin of 11 Sales are $320,000, net operating income R e p arating assets are $120,000. What is the company's return on investment ROUP A 25N 119 275 D 2 Gw Corporation produces and sells a single product. Data concerning that product appear below Per Unit Percent of Sales Selling price $220 100% Variable expenses 40% Contribution margin $132 60% 88 Fixed expenses are $511,000 per month. The company is...
13. Muddin' Associates had the following results of operations for the last fiscal year: Sales (12,000...
13. Muddin' Associates had the following results of operations for the last fiscal year: Sales (12,000 units @ $9.00) $ 108,000 Materials and direct labor Overhead (30% variable) (2,800) Selling & Administrative expenses (all fixed) (5,700) Operating Income $ 21,500 (78,000) A foreign company (whose sales will not affect Muddin' Associates' regular sales) offers to purchase 3,500 units at $7.00 per unit. There would be tariff charges of $350 on these units. Prepare an analysis to determine if Muddin' Associates...
Last year, the company sold 46,000 of these balls, with the following results: Sales (46,000 balls)...
Last year, the company sold 46,000 of these balls, with the following results: Sales (46,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income $ 1,150,000 690,000 460,000 318,000 $ 142,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, Jind (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
Last year, the company sold 60,000 of these balls, with the following results: Sales (60,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income $ 1,500,000 900,000 600,000 375,000 $ 225,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
Assume the Residential Division of Kindle Faucets had the following results last year: Net sales revenue Operating income Average total assets Managements target rate of return What is the division's profit margin ratio? $ 10,200,000 1,020,000 5,100,000 13% OA, 200% O B. 1,000% OC, 20% O D. 10%
Last year, the company sold 32,000 of these balls, with the following results: $ Sales (32,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income 800,000 480,000 320,000 211,000 109,000 $ Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
Ignacio, Inc., had after-tax operating income last year of $1,198,000. Three sources of financing were used by the company: $2 million of mortgage bonds paying 4 percent interest, $4 million of unsecured bonds paying 6 percent interest, and $11 million in common stock, which was considered to be relatively risky (with a risk premium of 8 percent). The rate on long-term treasuries is 3 percent. Ignacio, Inc., pays a marginal tax rate of 30 percent. Required: 1. Calculate the after-tax...
gaunlett inc reported the following results from last tears
operations
margin of 11 Sales are $320,000, net operating income R e p arating assets are $120,000. What is the company's return on investment ROUP A 25N 119 275 D 2 Gw Corporation produces and sells a single product. Data concerning that product appear below Per Unit Percent of Sales Selling price $220 100% Variable expenses 40% Contribution margin $132 60% 88 Fixed expenses are $511,000 per month. The company is...
13. Muddin' Associates had the following results of operations for the last fiscal year: Sales (12,000 units @ $9.00) $ 108,000 Materials and direct labor Overhead (30% variable) (2,800) Selling & Administrative expenses (all fixed) (5,700) Operating Income $ 21,500 (78,000) A foreign company (whose sales will not affect Muddin' Associates' regular sales) offers to purchase 3,500 units at $7.00 per unit. There would be tariff charges of $350 on these units. Prepare an analysis to determine if Muddin' Associates...
Last year, the company sold 46,000 of these balls, with the following results: Sales (46,000 balls) Variable expenses Contribution margin Fixed expenses Net operating income $ 1,150,000 690,000 460,000 318,000 $ 142,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, Jind (b) the degree of operating leverage at last year's sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball....
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