#5. The Windy Wind Chime Company has been producing and selling wind chimes for a number of years. The following information was gathered for 2016. Selling price per unit $12.50 Variable Cost per Unit: Direct Materials $3.00 Direct Labor $2.50 Overhead $1.20 Selling & Admin $2.35 Fixed Costs (Total) Overhead $50,000 Selling & Admin $45,000

#5. The Windy Wind Chime Company has been producing and selling wind chimes for a number of years. The following information was gathered for 2016. Selling price per unit $12.50 Variable Cost per Unit: Direct Materials $3.00 Direct Labor $2.50 Overhead $1.20 Selling & Admin $2.35 Fixed Costs (Total) Overhead $50,000 Selling & Admin $45,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Using the cost function C(x)=-0.00000001x^3+0.000556x^2+2.9403x+19715.6363 find the average cost of the first 500 units sold where x=units sold
If you could possibly include the steps into how to get the final percentage for each company I would appreciate it greatly thank you!!
Wildhorse Company is considering two alternatives. Alternative A will have revenues of $149,900 and costs of $103,900. Alternative B will have revenues of $184,300 and costs of $123,800. Compare Alternative A to Alternative B showing incremental revenues, costs, and net income. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Revenues Costs Net Income Alternative B Alternative A $ tA $ Alternative A is better than $ LA LA $ Alternative B LA LA $ Net Income Increase (Decrease)
Carla Vista Company is considering two alternatives. Alternative A will have revenues of $148.000 and costs of $104,200. Alternative Bwill have revenues of $188.000 and costs of $123.800. Compare Alternative A to Alternative B showing incremental revenues. costs, and net income. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es (45)) Alternative Alternative B Net Income Increase (Decrease) Revenues Costs Net Income is better than 5 S
Help please
Complete this question by entering your answers in the tabs below. Required A Assume that only one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.) Case 1 Case 2 Case 3 Case 4 Units sold 8,700 19,200 5,100 Sales $261,000 $300,000 $173,400 Variable expenses 174,000 211,200 Fixed expenses 91,000 174,000 75,000 Net operating income (loss) $6,000 $145,400 $1,500 Contribution margin per unit $12 $12
s
Company XYZ produces and sells 40,000 units.at this levelthe company is making a profit of $37,000 . Assuming total fixed expenses of $3,000 and variable expenses per unit of $2, how much was the selling price per unit ? a. 1 b. 4 c. 8 d. 3 e. 6
The following revenue-based profit functions are for X Company's only two products, A and B, last year: Product A: PA 0.26RA- $32,000 Product B: P0.43R- $63,000 Revenue from sales of A was $220,000, and revenue from sales of of B was $150,000. Assuming there is no change in the product mix, what must total revenue be next year in order for X Company to break even [round the weighted average contribution margin rate to two decimal places? OA: $287,879 OB: $336,818 C: $394,077 OD: $461,070 OE: $539,452 OF: $631,159
Please answer in text form , without image)
Safari Co. sells two products: Orks and Zins. Last year, Safari sold 21,000 units of Orks and 14,000 units of Zins. Related data are as follows: Product Unit SellingPrice Unit VariableCost Unit ContributionMargin Orks $120 $80 $40 Zins 80 60 20 Note: "E" represents composite unit. Determine the following: a. Safari Co.'s sales mix Orks: fill in the blank 1 % Zins: fill in the blank 2 % b. Safari Co.'s unit selling price of E $fill in the blank 3 c. Safari Co.'s unit contribution margin of E $fill in the blank 4 d. Safari Co.'s break-even sales in units of E assuming that last year's fixed costs were $160,000 fill in the blank 5 units of E
Answer it as early as possiblee?