A cement manufacturer has supplied the following data: Tons of cement produced and sold 317,000 Sales revenue $1,102,400 Variable manufacturing expense $457,000 Fixed manufacturing expense $234,000 Variable selling and administrative expense $194,000 Fixed selling and administrative expense $224,000 Net operating income $104,800 What is the company's unit contribution margin?
Q: Hi expert please give me answer general accounting question
A: Step 1: Definition of Profit MarginProfit margin is a financial ratio that shows the percentage of…
Q: Answer this accounting problem
A: To calculate the Profit Margin, we use the formula: Profit Margin = (Net Income / Sales) × 100…
Q: Overhead at the end of the year was
A: Compute the predetermined overhead rate.Predetermined overhead rate = Estimated overhead / Estimated…
Q: Cost accounting
A: Explanation of Activity-Based Overhead Rate (ABOR):The Activity-Based Overhead Rate (ABOR) is the…
Q: Hello tutor please help me with accounting questions
A: The question requires the determination of the cost of equity capital.The cost of equity is the…
Q: An asset's book value is $18,200 on December 31, Year 5. The asset has been depreciated at an annual…
A: Step 1: Understand Key DetailsFrom the problem:Book Value of Asset (December 31, Year 5): $18,200The…
Q: Financial accounting problem
A: Explanation of Sales Revenue:Sales revenue is the total income generated from selling goods or…
Q: I want to correct answer general accounting question
A: Step 1: Definition of Taxable IncomeTaxable income is the total income of a business after…
Q: The formula AH * (SR-AR) is the: a. direct labor spending variance. b. direct labor volume variance.…
A: Step 1:The given formula is:AH * (SR - AR) Where,AH = Actual hoursSR = Standard rateAR = Actual rate…
Q: Solve this account problem
A: Explanation of Manufacturing Cycle Efficiency (MCE): Manufacturing Cycle Efficiency is a metric that…
Q: subject - general account
A: To determine the standard hours allowed for December's production, we use the formula for the labor…
Q: Right answer
A: To determine the number of pounds of direct materials used, we use the formula for direct materials…
Q: I want answer this question
A: Explanation of Depreciation:Depreciation is the systematic allocation of the cost of a tangible…
Q: Please expert provide the answer
A: The problem requires the determination of the cost of goods manufactured and the cost of goods sold.…
Q: ??!!
A: Steps and explanations are as follows:In case of any doubt, please let me know. Thank you.
Q: Photo Framing's cost formula for its supplies cost is $1,975 per month plus $24 per frame. For the…
A: Explanation of Flexible Budget Supplies Cost:The flexible budget supplies cost represents the…
Q: Erie Co. manufactures a mobile fitness device called the Jogging Mate. The company uses standards to…
A: Step 1: Understanding the ProblemWe are tasked with calculating the standard labor cost allowed…
Q: given correct answer of this General accounting question
A: Step 1: Definition of Operating Leverage FactorThe Operating Leverage Factor measures how sensitive…
Q: None
A: The after-tax salvage value can be calculated by considering the tax implications of selling the…
Q: Quick answer of this accounting questions
A: Equity Premium=Stock Market Return−Risk-Free RateIn this case:The stock market return is 12.5%.The…
Q: What is this company's manufacturing cycle efficiency
A: For this question, we are tasked to compute for the manufacturing cycle efficiency. Manufacturing…
Q: Hi expert please give me answer general accounting question
A: Explanation: The formula to calculate return on common stockholders' equity is = [(Net income -…
Q: What is John wick companies ROE?
A: Let me calculate this step by step to determine the Return on Equity (ROE).ROE can be computed using…
Q: Job Costing
A: Explanation of Manufacturing Cycle Efficiency (MCE):Manufacturing Cycle Efficiency (MCE) is a key…
Q: provide general accounting solutions
A: 1. Direct Materials CostEach unit requires:Usable materials: 4.20 poundsWaste and spoilage: 0.80…
Q: Ans
A: The question pertains to Degree of Operating Leverage. The degree of operating leverage (DOL) is a…
Q: General accounting
A: To calculate the overhead rate for each activity in activity-based costing (ABC), divide the total…
Q: The standard materials cost to produce 1 unit of Product R is 9 pounds of material at a standard…
A: To calculate the total direct materials cost variance, we use the formula: Total Direct Materials…
Q: Calculate cost of goods sold?
A: Explanation of Direct Materials Used: Direct materials used represents the actual raw materials that…
Q: At the beginning of the year
A: Explanation of Overapplied Overhead:Overapplied overhead occurs when the overhead costs applied to…
Q: What is the effective cost of trade credit under the credit terms of 2/15, net 40? Assume 365 days…
A: Determine the discount and periods:Discount offered: 2% (0.02)Discount period: 15 daysFull payment…
Q: 5/1/25 Lease Receivable 5/1/25 12/31/25 Cost of Goods Sold Sales Revenue Inventory (To record the…
A: Step 1: Record the Lease (May 1, 2025)Lease Receivable: $98,000.20 (Fair value of the asset)Cost of…
Q: A new machine with a purchase price of $90,000, transportation costs of $8,000, installation costs…
A: The cost basis of the machine includes all costs necessary to acquire the machine and prepare it for…
Q: Answer this financial accounting question
A: Explanation: The formula for calculating coefficient of variation is = Standard deviation/Expected…
Q: provide. General Account. Answer
A: To calculate the standard cost for metal that should have been incurred to make 5,000 bats and…
Q: i need this question answer General accounting question
A: Step 1: Definition of Net Income/Net LossNet income (or net loss) is the result of a company's total…
Q: Provide correct answer general accounting
A: Step 1: Definition of Degree of Operating LeverageThe degree of operating leverage (DOL) is a ratio…
Q: Find out
A: Concept of Lease Liability:Lease liability refers to the financial obligation a lessee records on…
Q: What is his recognize gain ?? General accounting
A: 1. Calculate the total cost basis for each purchase:1994 purchase: 30 shares * $20/share = $6001999…
Q: Provide Answer
A: Concept of Cost-Volume-Profit (CVP) Analysis: CVP analysis is a managerial accounting method used to…
Q: (16) Financial Accounting: Product Y has fixed costs of 3,460,000 and variable costs per unit of 250…
A: Explanation of Fixed Costs: Fixed costs are expenses that remain constant regardless of the…
Q: What is the net income solution this accounting questions
A: Step 1: Definition of Net IncomeNet Income is the total earnings of a company after all expenses,…
Q: The profit margin would be
A: Net Sales:Net Sales = Sales Revenue - Sales Returns and Allowances - Sales Discounts= $226,000 -…
Q: Harris Fabrics computes its predetermined overhead rate annually on the basis of direct labor hours.…
A: Understanding the Predetermined Overhead RateThe predetermined overhead rate (POHR) is calculated at…
Q: Discuss the accounting treatment for derivatives. How are derivatives recognized and measured on the…
A: 2. Measurement of DerivativesThe measurement of derivatives involves two key aspects: initial…
Q: Solve general accounting
A: Correct Answer:c. Shipping materials to the plant by air freight rather than by truck Explanation:A…
Q: Financial accounting
A: Step 1: Definition of Standard Cost per UnitThe standard cost per unit is the total predetermined…
Q: General accounting
A: Step 1: Define Receivables TurnoverThe receivables turnover is an efficiency ratio that measures how…
Q: Correct answer please
A:
Q: Financial Accounting
A: Step 1: Determine the book value and loss on the sale• Loss on sale = Book value - Selling priceStep…
What is the company's unit contributing margin
Step by step
Solved in 2 steps
- What is the company's unit contribution margin?Provide answer this accounting questionA 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 unitA 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: NOTE: The answer is in percentage form, write in this format: 25 NOT 25%. 220,000 $924,000 $297,000 $280,000 $165,000 $82,000 $100,000
- 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 $Please help me
- A tile manufacturer has supplied the following data: Boxes of tiles produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income a. b. $ $ What is the company's unit contribution margin? $0.86 per unit $2.35 per unit $4.10 per unit $1.75 per unit C. d. 520,000 2,132,000 650,000 $ 464,000 $ 260,000 $ 312,000 $ 446,0008) 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 $82,000How 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