A jeans maker is designing a new line of jeans called Slims
A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $355 per pair and cost $262 70 per pair in variable costs to make. (Round your answers to 2 decimal places.)
Homework Answers
| 1) | Determine the contribution margin ratio | ||||||||
| per unit | |||||||||
| Selling price per unit | 355.00 | ||||||||
| less: | Variable cost per unit | 262.70 | |||||||
| contribution margin | 92.30 | ||||||||
| 2) | Contribution margin ratio | ||||||||
| Choose Numerator / | Choose Denominator | = | Contribution margin ratio | ||||||
| Contribution margin / | selling price per unit | = | contribution margin ratio | ||||||
| 92.3 | / | 355 | = | 26.00% | |||||
A jeans maker is designing a new line of jeans called Slims.
A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $305 per pair and cost $201.30 per pair in variable costs to make. (Round your answers to 2 decimal places.) (1) Compute the contribution margin per pair. (2) Compute the contribution margin ratio. Choose Numerator:
A jeans maker is designing a new line of jeans called Slims. The jeans will sell...
A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $300 per pair and cost $195.00 per pair in variable costs to make. (Round your answers to 2 decimal places.) (1) Compute the contribution margin per pair. Contribution margin (2) Compute the contribution margin ratio. Choose Numerator: Choose Denominator: Contribution Margin Ratio Contribution margin ratio
Aleans maker is designing a new line of jeans called Slims. The jeans will sell for...
Aleans maker is designing a new line of jeans called Slims. The jeans will sell for $305 per pair and cost $201.30 per pair in variable costs to make. (Round your answers to 2 decimal places.) (1) Compute the contribution margin per pair Contribution margin (2) Compute the contribution margin ratio. Choose Numerator: Choose Denominator: = Contribution Margin Ratio Contribution margin ratio < Prev 7 of 11 !! Next >
Exercise 18-8 Contribution margin A1 A jeans maker is designing a new line of jeans called...
Exercise 18-8 Contribution margin A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $205 per pair and cost $164 per pair in variable costs to make. 1. Compute the contribution margin per pair. 2. Compute the contribution margin ratio. 3. Describe what the contribution margin ratio reveals about this new jeans line.
I need help with the explanation and solution with the whole question. Chapter 18 Homework, Part...
I need help with the explanation and solution with the whole
question.
Chapter 18 Homework, Part 1 0 Help Save & Exit Submit Check my work A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $375 per pair and cost $262.50 per pair in variable costs to make. (Round your answers to 2 decimal places.) points (1) Compute the contribution margin per pair. eBook Contribution margin Hint (2) Compute the contribution margin...
Zhao Co. has fixed costs of $275,600. Its single product sells for $161 per unit, and...
Zhao Co. has fixed costs of $275,600. Its single product sells
for $161 per unit, and variable costs are $109 per unit. The
company expects sales of 10,000 units. Prepare a contribution
margin income statement for the year ended December 31, 2019.
Exercise 21-8 Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $330 per pair and cost $260.70 per pair in variable costs to make. (Round your...
McGilla Golf has decided to sell a new line of golf clubs. The company would like...
McGilla Golf has decided to sell a new line of golf clubs. The company would like to know the sensitivity of NPV to changes in the price of the new clubs and the quantity of new clubs sold. The clubs will sell for $795 per set and have a variable cost of $355 per set. The company has spent $200,000 for a marketing study that determined the company will sell 65,000 sets per year for seven years. The marketing study...
McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell...
McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $870 per set and have a variable cost of $430 per set. The company has spent $350,000 for a marketing study that determined the company will sell 70,900 sets per year for seven years. The marketing study also determined that the company will lose sales of 14,000 sets of its high-priced clubs. The high-priced clubs sell at $1,240 and have variable costs of...
McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell...
McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $845 per set and have a variable cost of $405 per set. The company has spent $300,000 for a marketing study that determined the company will sell 69,400 sets per year for seven years. The marketing study also determined that the company will lose sales of 13,000 sets of its high-priced clubs. The high-priced clubs sell at $1,215 and have variable costs of...
McGilla Golf is evaluating a new line of golf clubs. The clubs will sell for $920...
McGilla Golf is evaluating a new line of golf clubs. The clubs will sell for $920 per set and have a variable cost of $410 per set. The company has spent $137,500 for a marketing study that determined the company will sell 46,500 sets per year for seven years. The marketing study also determined that the company will lose sales of 8,700 sets of its high-priced clubs. The high-priced clubs sell at $1,420 and have variable costs of $550. The...
A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $300 per pair and cost $195.00 per pair in variable costs to make. (Round your answers to 2 decimal places.) (1) Compute the contribution margin per pair. Contribution margin (2) Compute the contribution margin ratio. Choose Numerator: Choose Denominator: Contribution Margin Ratio Contribution margin ratio
Aleans maker is designing a new line of jeans called Slims. The jeans will sell for $305 per pair and cost $201.30 per pair in variable costs to make. (Round your answers to 2 decimal places.) (1) Compute the contribution margin per pair Contribution margin (2) Compute the contribution margin ratio. Choose Numerator: Choose Denominator: = Contribution Margin Ratio Contribution margin ratio < Prev 7 of 11 !! Next >
Exercise 18-8 Contribution margin A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $205 per pair and cost $164 per pair in variable costs to make. 1. Compute the contribution margin per pair. 2. Compute the contribution margin ratio. 3. Describe what the contribution margin ratio reveals about this new jeans line.
I need help with the explanation and solution with the whole
question.
Chapter 18 Homework, Part 1 0 Help Save & Exit Submit Check my work A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $375 per pair and cost $262.50 per pair in variable costs to make. (Round your answers to 2 decimal places.) points (1) Compute the contribution margin per pair. eBook Contribution margin Hint (2) Compute the contribution margin...
Zhao Co. has fixed costs of $275,600. Its single product sells
for $161 per unit, and variable costs are $109 per unit. The
company expects sales of 10,000 units. Prepare a contribution
margin income statement for the year ended December 31, 2019.
Exercise 21-8 Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $330 per pair and cost $260.70 per pair in variable costs to make. (Round your...
McGilla Golf has decided to sell a new line of golf clubs. The company would like to know the sensitivity of NPV to changes in the price of the new clubs and the quantity of new clubs sold. The clubs will sell for $795 per set and have a variable cost of $355 per set. The company has spent $200,000 for a marketing study that determined the company will sell 65,000 sets per year for seven years. The marketing study...
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