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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Mason Corporation began operations at the beginning of the current year. One of the company’s products, a refrigeration element, sells for $185 per unit. Information related to the current year’s activities follows. Net income: $168,000 Variable costs per unit:Direct material............................................................................................$ 20Direct labor......................................................................................................37Manufacturing overhead.......................................................................... 48Annual fixed costs:Manufacturing overhead............................................................................................................$600,000Selling and administrative........................................................................... 860,000Production and Sales activity:Production…
Cleary Company manufactures and sells a single product. The company's sales and expenses for last year follow: Total Per Unit % Sales. . . . . . . . . . . . . . . . . . . $100,000 $20 ? Variable expenses. . . . . . . ? ? ? Contribution margin. . . . . . ? ? ? Fixed expenses. . . . . . . . . . 12,000 Operating income. . . . . . . . $28,000 1. Fill in the missing numbers in the table. Use the following questions to help fill in the missing numbers in the table: a. What is the total contribution margin? b. What is the total variable expense? c. How many units were sold? d. What is the per-unit variable expense? e. What is the per-unit contribution margin? 2. Answer the following questions about breakeven analysis: a. What is the breakeven point in units? b. What is the breakeven point in sales dollars? 3. Answer the following questions about target profit analysis and…
Marissa Corporation produces and sells a single product. Data concerning that product appear below: Selling price per unit……………….. $125.00 Variable expense per unit………… $72.50 Fixed expense per month………… $272,448 Required: Assume the company's monthly target profit is $200,000. Determine the units that must be sold to attain that target profit.
The Bedou - Kwaku Company produces and sells only one product Product J-99. Bedou - Kwaku Company's data for the current year are Sales revenue (25,000 units )......$225,000 Costs Variable costs..........$117,000 Fixed costs .........$38,400 Total costs.........$155,400 Net income.........$ 69,600 What is Bedou - Kwaku Company's break -even point in sales dollars ? (ignore income taxes ) $ 8,889 $117,000 $ 155,400 $ 80,000 $69,600
Maple manufacturing has provided its contribution solve this accounting questions
Based on the following information, complete the problems listed below on the Osprey Helicopters Company. Baseline Financial Results [In $ Dollars 000] Sales…………………..…………………………….$75,000 Basic Manufacturing Costs……………………$30,000 General & Administrative Expense………..$12,000 # Units shipped…………………………………...15 Your task is to create a set of pro-forma forecasts based on the following baseline assumptions on key business drivers and specific assumptions for each of the two scenarios. For the Baseline results shown above, the assumptions are (1) Basic Mfr. Costs and General & Administrative Expenses arising from the summary financial data above are treated as Fixed Costs, and (2) Contribution Margin Percentage is 60%. Helpful hint when doing scenario analysis: start by calculating the operating profit [and its underlying cost structure] arising from the information provided above. After doing this, then solve Scenarios 1 and 2. Scenario 1: Assume Osprey ships 20 helicopters…
Sensabaugh inc, a company that produces and sells a single product, has provided its Contribution format income statement for january: sales (1,800 units).........$91,800 Variable expenses..........54,400 Contribution margin........ 32,400 27,000 Fixed expenses... Net operating income.….…........... 5,400 If the company sells 1,600 units, its total contribution margin should be closest to: 22,200 28,800 4,800 32,400
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Provide answer this accounting question
Menlo Company distributes a single product. The company’s sales and expenses for last month follow: Total Per UnitSales. . . . . . . . . . . . . . . . . . . . . . . . $450,000 $30Variable expenses . . . . . . . . . . . . . 180,000 12Contribution margin . . . . . . . . . . . . 270,000 $18Fixed expenses. . . . . . . . . . . . . . . . 216,000Net operating income . . . . . . . . . . . $ 54,000 Required: 1. What is the monthly break-even point in units sold and in sales dollars? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3. How many units would have to be sold each month to earn a target profi t of $90,000? Use the formula method. Verify your answer by preparing a contribution format income statement at the target sales level.4. Refer to the original data. Compute the company’s margin of safety in both dollar and percentage terms. 5. What is the company’s CM ratio? If sales increase by $50,000 per month and there is no change in fi…
A cement manufacturer has supplied the following data:
Clifford Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year. Sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,327,040 Variable Cost of Goods Sold. . . . . . . . . . . . . $93,280 Variable Operating Expenses. . . . . . . . . . . . $133,760 Direct Fixed Manufacturing Overhead. . . . . $94,600 Direct Fixed Operating Expenses. . . . . . . . . $15,150 Common Fixed Expenses. . . . . . . . . . . . . . . $16,640 Budgeted data for the same time period for the pharmaceutical segment are as follows (all data are in millions): Budgeted sales in units. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,800 Budgeted average selling price per unit. . . . . . . . . . . . . . . . . . . . . . $130 Variable Cost of Goods Sold per unit. . . . . . . . . . . . . . . . . . . . . . . . . . . . $10…