A manufacturer of cedar shingles has supplied the following data: Bundles of cedar shakes produced and sol...................280,000 Sales revenue.. Variable manufacturing expense.. Fixed manufacturing expense.. Variable selling and administrative expense. Fixed selling and administrative expense. Net operating income......... ********** $2,072,000 $1,134,000 $436,000 $238,000 $164,000 $100,000 Use these data to answer the following series of questions. Enter a value without spaces and other punctuation! For example: 1234567 If there is a negativ value, mark it this way: -100 (No space!) The company's break-even in unit sales is: The company's contribution margin ratio is closest to: (Mark the decimals with a dot! Round up to one decimals, like 12.3) The company's degree of operating leverage is: The company's contribution margin is:

A manufacturer of cedar shingles has supplied the following data: Bundles of cedar shakes produced and sol...................280,000 Sales revenue.. Variable manufacturing expense.. Fixed manufacturing expense.. Variable selling and administrative expense. Fixed selling and administrative expense. Net operating income......... ********** $2,072,000 $1,134,000 $436,000 $238,000 $164,000 $100,000 Use these data to answer the following series of questions. Enter a value without spaces and other punctuation! For example: 1234567 If there is a negativ value, mark it this way: -100 (No space!) The company's break-even in unit sales is: The company's contribution margin ratio is closest to: (Mark the decimals with a dot! Round up to one decimals, like 12.3) The company's degree of operating leverage is: The company's contribution margin is:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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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 $ 446,000
Driver Company manufactures two products. Data concern-ing these products are shown below: Direct TotalLabor ManufacturingHours OverheadHighest observed level . . . . . . . 6,000 $17,000Lowest observed level . . . . . . . . 4,000 14,000 Product A Product BTotal monthly demand (in units). . 1,000 200Sales price per unit . . . . . . . . . $400 $500Contribution margin ratio. . . . . 30% 40%Relative sales mix . . . . . . . . . . . 80% 20%If fixed costs are equal to $320,000, what amount of totalsales revenue is needed to break even?a. $914,286. c. $320,000.b. $457,143. d. $1,000,000.
Provide answer this accounting question
A cement manufacturer has supplied the following data:
Tor Problem 2. A manufacturer of cedar shingles has supplied the following data: Bundles of cedar shakes produced and sold... Sales revenue Variable manufacturing expense. Fixed manufacturing expense.... Variable selling and administrative expense.. Fixed selling and administrative expense...... Net operating income... 260,000 $2,106,000 $975,000 $486,000 $260,000 $274,000 $111,000 ldor'! a. The company's break-even in bundles is: b. The company's contribution margin ratio is: c. The company's margin of safety is: 000.00 d. If the company desired Net Operating Income of $250,000, how many bundles would need to be sold? How much sales revenue would need to be generated?
Blossom Company had the following amounts from its income statement: Sales revenue (800 units) $64000 Cost of goods sold - fixed 16000 Cost of goods sold - variable 14800 Selling expenses - fixed 5600 Selling expenses - variable 4800 Administrative expenses - fixed 4000 Administrative expenses - variable 6000 How much is Blossom's contribution margin? O $49200. O $38400. $33200. O $12800.
Royal Lawncare Company produces and sells two packaged products—Weedban and Greengrow. Revenue and cost information relating to the products follow: Product Weedban GreengrowSelling price per unit . . . . . . . . . . . . . . . . . . . . . . . $6.00 $7.50Variable expenses per unit . . . . . . . . . . . . . . . . . . $2.40 $5.25Traceable fixed expenses per year . . . . . . . . . . . . $45,000 $21,000 Common fixed expenses in the company total $33,000 annually. Last year the company produced and sold 15,000 units of Weedban and 28,000 units of Greengrow.Required:Prepare a contribution format income statement segmented by product lines.
Tom Petty Co. produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selling price…………………………………. $260 100.00% Variable Expenses……………………….. $ 94 36.15% Contribution margin……………………. $166 63.85% Fixed expenses are $620,000 per month. The company is currently selling 5,000 units per month. The marketing manager would like to cut the selling price by $20 and increase the advertising budget by $60,000 per month. The marketing manager predicts that these two changes would increase monthly sales by 800 units. What should be the overall effect on the company's monthly net operating income of this change? Should Tom Petty Co implement the marketing manager’s proposal? Show your work.
Oki Products, Ltd., has observed the following processing costs at various levels of activity over the last15 months:Units ProcessingMonth Produced Cost1 ......................................... 4,500 $38,0002 ......................................... 11,000 $52,0003 ......................................... 12,000 $56,0004 ......................................... 5,500 $40,0005 ......................................... 9,000 $47,0006 ......................................... 10,500 $52,0007 ......................................... 7,500 $44,0008 ......................................... 5,000 $41,0009 ......................................... 11,500 $52,00010 ......................................... 6,000 $43,00011 ......................................... 8,500 $48,00012 ......................................... 10,000 $50,00013 ......................................... 6,500 $44,00014 ......................................... 9,500 $48,00015…
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 recent income statement of Company A reported the following data: Units sold 8,000Sales revenue ₱7,200,000Variable costs ₱4,000,000Fixed costs ₱1,600,000 If the company desired to earn a target net profit of ₱480,000, it would have to sell:A. 1,200 units. B. 2,800 units. C. 4,000 units. D. 5,200 units.
Take a look at the following company information: Sales (000s) Direct Materials (000s) Direct Labour (000s) Gross Profit (000s) Selling and Admin Expense (000s) Net profit $ 1566 $554 $ 211 $801 Answer: $ 162.5 $ If we decrease the direct materials cost by 2%, what is the new Net Profit? Show your answer to 2 decimals and include the correct unit.