Module 1 Test Notes

what is the total costs of the 9,000 trucks?

The data relates to product P: Selling price $25 per unit Variable cost $20 per unit Fixed costs are $50,000 The number of units that must be made and sold in order to breakeven is:   10000 units 11000 units 18000 units 150000 units 25000 units

A manager must decide which type of machine to buy, A, B, or C. Machine costs (per individual machine) are as follows: Cost $50,000 $40,000 $70,000 Machine A BU C Product forecasts and processing times on the machines are as follows: Annual Product Demand 1 2 3 4 27,000 13,000 28,000 29,000 PROCCESSING TIME PER UNIT (minutes) AL63 m А 1 3 BL323 1 Click here for the Exool Doto Filo CH3N6 с 1 2

4. If the price of the material is RO 15 per unit and the annual consumption is 4000 units, the interest and store keeping charges are 20% of the value and the cost of placing of an order and receiving the goods is RO 60, how much material should be ordered at one time?

A division sold 260000 calculators during 2020: Sales     $2600000 Variable costs:              Materials   $494000          Order processing   195000          Billing labor   143000          Selling expenses   78000          Total variable costs   910000   Fixed costs     1000000 How much is the unit contribution margin? $1.00 $3.50 $7.35 $6.50

SM4

Calculate the number of units that must be sold in order to realize an operating income of $150,000 when fixed costs are $480,000 and the unit contribution margin is $25. a. 25,200 units b. 26,400 units c. 27,000 units d. 25,600 units.

The variable cost was 5.40 fixed cost was 1500

Total cost per unit?

1.

Vaughn Manufacturing's contribution margin is $20 per unit for Product A and $35 for Product B. Product A requires 2 machine hours and Product B requires4 machine hours. How much is the contribution margin per unit of limited resource for each product? A B $6.67 $10.00 $8.75 $30.00 $6.67 $30.00 $8.75 $10.00

KGM Inc. has fixed costs of $500,000. When 50,000 units are produced, the total costs (both fixed and variable) amount to $650,000. What would be the total costs at a production level of 75,000 units? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) Group of answer choices $725,000 $500,000 $750,000 $225,000

Fixed Cost: $1,000  Variable Cost: $5 per item  Selling Price: $10 per item Question 1: Label the x-axis and y-axis Write the scale for the x-axis and name the x-axis Write the scale for the y-axis and name the y-axis  Draw a line parallel to the x-axis that identifies the fixed cost.  Find the Cost Line based upon 400 items being produced. Label the Cost Line.

A product sells for $200 per unit and its variable costs per unit are $130. Total fixed costs are $420,000. If the firm wants to earn a $35,000 target pretax income, how many units must be sold? Select one: 6,500 units. O b. 5,000 units. O c. 6,000 units. O d. 500 units. O e. 5,500 units. O a.

Consider the following production and cost data for two products, H and C: Product H $120 10 minutes Product C $112 8 minutes Contribution margin per unit Machine minutes needed per unit A total of 60,000 machine minutes are available each period and there is unlimited demand for each product. What is the largest possible total contribution margin that can be realized each period? Multiple Choice O $780,000 $1,560,000 $840,000 $720,000

ames Jim Inc. produces the following three products: T-Shirts Hats Sweatshirts Selling price per unit $40 $16 $50 Less: Variable costs per unit - 28 - 12 - 30 Contribution per unit $12 $ 4 $20 Fixed costs are $77,000 per year. All sales: 50% of all sales in units are T-Shirts, 30% are Hats, and 20% are Sweatshirts. Required: Calculate the following values: SHOW ALL CALCULATIONS. ROUND EACH NUMBER TO TWO (2) DECIMAL PLACES. A. Break-even point in total units B. Number of T-shirts that will be sold at break-even C. Total sales in units to obtain a before-tax profit of $22,400