Homework Answers
Contribution margin=Sales-Variable cost
=23.15-16.05
which is equal to
=$7.1 per unit
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The Goldfarb Company manufactures and sells toasters. Each toaster sells for $23.15 and the variable cost...
Flannigan Company manufactures and sells a single product that sells for $580 per unit, variable costs...
Flannigan Company manufactures and sells a single product that sells for $580 per unit, variable costs are $319. Annual fixed costs are $958,500. Current sales volume is $4,330,000. Compute the contribution margin per unit. Multiple Choice Ο Ο Ο Ο Ο A company's product sells at $12.22 per unit and has a $5.33 per unit variable cost. The company's total fixed costs are $96,900 The contribution margin per unit is: Multiple Choice Ο $8.06. Ο $5.33. Ο $6.89. Ο $12.22....
MC Qu. 163 Flannigan Company manufactures and sells... Flannigan Company manufactures and sells a single product...
MC Qu. 163 Flannigan Company manufactures and sells... Flannigan Company manufactures and sells a single product that sells for $450 per unit: variable costs are $252. Annual fixed costs are $897,600. Current sale volume is $4,240,000. Flannigan Company management targets an annual pre-tax income of $1,165,000. Compute the unit sales to earn the target pre-tax net income. Multiple Choice 0 0 0 MC Qu. 114 Maroon Company's contribution... Maroon Company's contribution margin ratio is 32%. Total fixed costs are $124,800....
Flannigan Company manufactures and sells a single product that sells for $600 per unit: variable costs...
Flannigan Company manufactures and sells a single product that sells for $600 per unit: variable costs are $324. Annual fixed costs are $984.400. Current sales volume is $4.340,000. Compute the break-even point in units. Multiple Choice Ο Ο 1,641. Ο 3,567. Ο 4,697. Ο Ο 3,038. Ο Ο 528. Forrester Company is considering buying new equipment that would increase monthly fixed costs from $577.500 to $741.000 and would decrease the current variable costs of $75 by $10 per unit. The...
Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs...
Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are $270. Annual fixed costs are $800,000. Current sales volume is $4,200,000. Compute the current margin of safety in dollars for Flannigan Company. Multiple Choice $1,560,000. $2,000,000. $2,200,000. $2,895,652. $2,460,000.
Flannigan Company manufactures and sells a single product that sells for $550 per unit; variable costs...
Flannigan Company manufactures and sells a single product that sells for $550 per unit; variable costs are $297. Annual fixed costs are $966,000. Current sales volume is $4,300,000. Compute the current margin of safety in dollars for Flannigan Company Multiple Choice $1,578,360. $2,.200,000. $2,100,000 $2,988,720 $3.,433.189
Blanchard Company manufactures a single product that sells for $366 per unit and whose total variable...
Blanchard Company manufactures a single product that sells for $366 per unit and whose total variable costs are $275 per unit. The company's annual fixed costs are $640,000. The sales manager predicts that annual sales of the company's product will soon reach 41,000 units and its price will increase to $405 per unit. According to the production manager, variable costs are expected to increase to $289 per unit but fixed costs will remain at $640,000. The income tax rate is...
Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable...
Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $120 per unit. The company's annual fixed costs are $629,000. The sales manager predicts that annual sales of the company's product will soon reach 39,900 units and its price will increase to $199 per unit. According to the production manager, variable costs are expected to increase to $139 per unit, but fixed costs will remain at $629,000. The income tax rate is...
Denton Company manufactures and sells a single product. Cost data for the product are given: Variable...
Denton Company manufactures and sells a single product. Cost data for the product are given: Variable costs per unit: Direct materials $ 6 Direct labor 12 Variable manufacturing overhead 2 Variable selling and administrative 2 Total variable cost per unit $ 22 Fixed costs per month: Fixed manufacturing overhead $ 108,000 Fixed selling and administrative 169,000 Total fixed cost per month $ 277,000 The product sells for $48 per unit. Production and sales data for July and August, the first...
Denton Company manufactures and sells a single product. Cost data for the product are given: Variable...
Denton Company manufactures and sells a single product. Cost
data for the product are given:
Variable costs per unit:
Direct materials
$
4
Direct labor
10
Variable manufacturing overhead
3
Variable selling and administrative
2
Total variable cost per unit
$
19
Fixed costs per month:
Fixed manufacturing overhead
$
54,000
Fixed selling and administrative
175,000
Total fixed cost per month
$
229,000
The product sells for $54 per unit. Production and sales data
for July and August, the first...
Harris Company manufactures and sells a single product. 1. A partially completed schedule of the company’s...
Harris Company manufactures and sells a single product. 1. A partially completed schedule of the company’s total and per unit costs over the relevant range of 53,000 to 93,000 units produced and sold annually is given below: Complete the schedule of the company’s total and unit costs. (Round the variable cost and fixed cost to 2 decimal places.) Units Produced & Sold 53000 73000 93000 Total Costs Variable Costs $180,200 ? ? Fixed Costs 390,000 ? ? Total Costs $570,200...
Flannigan Company manufactures and sells a single product that sells for $580 per unit, variable costs are $319. Annual fixed costs are $958,500. Current sales volume is $4,330,000. Compute the contribution margin per unit. Multiple Choice Ο Ο Ο Ο Ο A company's product sells at $12.22 per unit and has a $5.33 per unit variable cost. The company's total fixed costs are $96,900 The contribution margin per unit is: Multiple Choice Ο $8.06. Ο $5.33. Ο $6.89. Ο $12.22....
MC Qu. 163 Flannigan Company manufactures and sells... Flannigan Company manufactures and sells a single product that sells for $450 per unit: variable costs are $252. Annual fixed costs are $897,600. Current sale volume is $4,240,000. Flannigan Company management targets an annual pre-tax income of $1,165,000. Compute the unit sales to earn the target pre-tax net income. Multiple Choice 0 0 0 MC Qu. 114 Maroon Company's contribution... Maroon Company's contribution margin ratio is 32%. Total fixed costs are $124,800....
Flannigan Company manufactures and sells a single product that sells for $600 per unit: variable costs are $324. Annual fixed costs are $984.400. Current sales volume is $4.340,000. Compute the break-even point in units. Multiple Choice Ο Ο 1,641. Ο 3,567. Ο 4,697. Ο Ο 3,038. Ο Ο 528. Forrester Company is considering buying new equipment that would increase monthly fixed costs from $577.500 to $741.000 and would decrease the current variable costs of $75 by $10 per unit. The...
Flannigan Company manufactures and sells a single product that sells for $550 per unit; variable costs are $297. Annual fixed costs are $966,000. Current sales volume is $4,300,000. Compute the current margin of safety in dollars for Flannigan Company Multiple Choice $1,578,360. $2,.200,000. $2,100,000 $2,988,720 $3.,433.189
Blanchard Company manufactures a single product that sells for $366 per unit and whose total variable costs are $275 per unit. The company's annual fixed costs are $640,000. The sales manager predicts that annual sales of the company's product will soon reach 41,000 units and its price will increase to $405 per unit. According to the production manager, variable costs are expected to increase to $289 per unit but fixed costs will remain at $640,000. The income tax rate is...
Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $120 per unit. The company's annual fixed costs are $629,000. The sales manager predicts that annual sales of the company's product will soon reach 39,900 units and its price will increase to $199 per unit. According to the production manager, variable costs are expected to increase to $139 per unit, but fixed costs will remain at $629,000. The income tax rate is...
Denton Company manufactures and sells a single product. Cost
data for the product are given:
Variable costs per unit:
Direct materials
$
4
Direct labor
10
Variable manufacturing overhead
3
Variable selling and administrative
2
Total variable cost per unit
$
19
Fixed costs per month:
Fixed manufacturing overhead
$
54,000
Fixed selling and administrative
175,000
Total fixed cost per month
$
229,000
The product sells for $54 per unit. Production and sales data
for July and August, the first...
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