What is the company's unit contribution margin? A cement manufacturer has supplied the following data:Tons of cement produced and sold317,000Sales revenue$1,102,400Variable manufacturing expense$457,000Fixed manufacturing expense$234,000Variable selling and administrative expense $194,000Fixed selling and administrative expense$224,000Net operating income$104,800What is the company's unit contribution margin?

Explanation of Sales Revenue: Sales revenue represents the total amount of money a company receives…

Answered: A cement manufacturer has supplied the…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter11: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4CDQ: How would each of the following costs be classified if units produced is the activity base? a....

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A cement manufacturer has supplied the following data: Tons of cement produced and sold Sales revenue 240,000 Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income $ 944,000 $ 225,000 $ 292,000 $ 105,400 $ 86,000 $ 235,600 The company's contribution margin ratio is closest to:
A cement manufacturer has supplied the following data: Tons of cement produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income The company's contribution margin ratio is closest to: 230,000 $ 934,000 $285,000 $286,000 $ 135,300 $ 84,000 $ 143,700 ○ 38.9% 15.4% ○ 69.4% ○ 55.0%
A cement manufacturer has supplied the following data: Tons of cement produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income What is the company's unit contribution margin? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $2.00 per unit $0.32 per unit O $4.30 per unit 235,000 $1,010,500 $ 416,000 $ 275,000 $ 54,000 $ 215,000 $ 50,500 $2.30 per unit
A cement manufacturer has supplied the following data: Tons of cement produced and sold $260,000 sales revenue $1,118,000 Variable manufacturing expense $429,000 Fixed manufacturing expense $228,000 Variable selling and administrative expense $82,000 Fixed selling and administrative expense $91,000 Net operating income. $82,000 What is the company's unit contribution margin? What is the company's contribution margin ratio?If the company increases its unit sales volume by 3% without increasing its fixed expenses, what will total net operating income be?
A manufacturer of potting soil has the following financial data: Pounds produced and sold 31,000 Sales $248,000 Less: Variable manufacturing costs 157,500 Fixed manufacturing costs 12,600 Variable selling and administrative costs 37,800 Fixed selling and administrative costs 18,900 Net operating income $21,200 (a) What is the company's per unit contribution margin? (Round answer to 2 decimal places, e.g. 1.64.) Per unit contribution margin $
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8) A cement manufacturer has supplied the following data: Tons of cement produced and sold=220000 sales revenue=$924,000 variable manufacturing exp=$297,000 fixed manufacturing exp=$280,000 variable selling and admin. exp.=$180,000 fixed selling and admin. exp.=$82,000 The company's contribution margin and net income are: Group of answer choices $447,000 and $85,000 $562,000 and $100,000 $347,000 and $85,000 $662,000 and $82,000
How would each of the following costs be classified if units produced is the activity base? a. Salary of factory supervisor ($120,000 per year) b. Straight-line depreciation of plant and equipment c. Property rent of $11,500 per month on plant and equipment
What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials, $17,000; direct labor, $33,000; and manufacturing overhead, $70,000? A. $16,000 B. $50,000 C. $103,000 D. $120000
The following product Costs are available for Haworth Company on the production of chairs: direct materials, $15,500; direct labor, $22.000; manufacturing overhead, $16.500; selling expenses, $6,900; and administrative expenses, $15,200. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 7,750 equivalent units are produced, what is the equivalent material cost per unit? If 22,000 equivalent units are produced, what is the equivalent conversion cost per unit?
Roper Furniture manufactures office furniture and tracks cost data across their process. The following are some of the costs that they incur. Classify these costs as fixed or variable costs, and as product costs or period costs. Wood used to produce desks ($125,00 per desk) Production labor used to produce desks ($15 per hour) Production supervisor salary ($45,000 per year) Depreciation on factory equipment ($60,000 per year) Selling and administrative expenses ($45,000 per year) Rent on corporate office ($44,000 per year) Nails, glue, and other materials required to produce desks (varies per desk) Utilities expenses for production facility Sales staff commission (5% of gross sales)

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