Need help A company can produce and sell only one of the following twoproducts.ProductMachineRequired132Hours Contribution Margin PerUnit$30$252If the company has a machine capacity of 4,000 hours, what isthe total contribution margin of the product it should produce tomaximize net income?a $50,000b. $32,000c. $48,000d. $40,000

Step 1: Define Contribution MarginThe contribution margin per unit for a product is computed by…

Answered: A company can produce and sell only one…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6MC: If a company has fixed costs of $6.000 per month and their product that sells for $200 has a...

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If the contribution margin on the firm's single product is $2.00 per unit and fixed costs are $60.000, what will the firm's net income be at sales of 30.000 units? Mutiple Choice O O $90.000 $30,000 $15.000 9
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A company’s only product sells for $150 per unit. Its variable costs per unit are $100, and its fixed costs total $75,000. What is its contribution margin per unit? a. $50 c. $100 e. $25 b. $250 d. $150
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Consider the following information available for Barium Company: Total fixed costs $1,440,000 Contribution margin ratio 0.30 Based on the given information, calculate the sales revenue needed to achieve a target profit of $360,000. a.$6,250,000 b.$5,750,000 c.$5,000,000 d.$6,000,000
please solve the sub-parts to be solved. thanks Ziggy Creations makes and sells a single product. Individual product details are as follows: Selling price $ 45 Direct materials $20 Direct labour $10 Fixed Costs $480 000 Estimated sales 36 000 units Production capacity 40 000 units d) If Ziggy’s required a profit of $90 000, what level of sales dollars would be required? e) Variable costs are to increase by $5 per unit. If Ziggy’s wants to maintain a profit of $90,000, what will be the required sales volume? Can Ziggy’s achieve this new estimated sales volume?
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A company produces and sells a product with the following details: • Selling Price per Unit: $80 • Variable Cost per Unit: $50 • Fixed Costs: $150,000 ⚫ Units Sold: 5,000 What is the contribution margin per unit and total contribution margin for the company? Options: A. $30 per unit; $150,000 total B. $25 per unit; $125,000 total C. $35 per unit; $175,000 total D. $30 per unit; $100,000 total
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Sales are $1,000,000 for a product with a variable cost per unit of $6 and a sales price of $20. If fixed costs are $250,000, what is the contribution margin? A. $200,000 B. $700,000 C. $500,000 D. $400,000 HELP

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