Please need answer the general accounting question not use chatgpt A steel manufacturer has supplied the following data:DescriptionTons of steel produced and soldSales revenueVariable manufacturing expenseAmount300,000$1,500,000$600,000$250,000$120,000$230,000$300,000Fixed manufacturing expenseVariable selling and administrative expenseFixed selling and administrative expenseNet operating incomeWhat is the company's unit contribution margin?A. $2.60 per unitB. $2.00 per unitC. $1.60 per unitD. $3.00 per unit

Step 1: Define Contribution MarginContribution Margin is the difference between a company's sales…

Answered: A steel 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 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
Dobosh Corporation has provided the following information: Cost per Unit $ 7.65 $ 4.25 $ 2.20 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling andadministrative expense $ 2.10 $ 1.15 Cost per Period $ 132,600 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 9,240 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 9,240 units? c. If 10,000 units are sold, what is the variable cost per unit sold? Note: Round "Per unit" answer to 2 decimal places. d. If 10,240 units are sold, what is the total amount of variable costs related to the units sold? a. Total product cost b. Total period cost c. Variable cost per unit sold d. Total variable costs $ 51,450 e. If 10,240 units are produced, what is the total amount of manufacturing overhead cost incurred? f. If the selling price is…
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What is the company's unit contributing margin
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Units of concrete panels produced and sold Sellling price Direct Materials (volume of concrete) Direct Materials cost / each volume of concrete Manufacturing processing capcaity (volume of concrete) Conversion cost (all manufacturing cost except direct materials) Conversion cost per unit of capacity R&D employees R&D costs R&D cost per employee Market growth 2020 20,000 2,400 2,500,000 11.50 400,000 18,000,000 45.00 5 200,000 40,000 What was the change in revenue from growth component? 4,800,000 F O 4,800,000 U 2,400,000 F 480,000 F 480,000 U 2021 22,000 2,200. 2,300,000 12.00 300,000 16,000,000 53.33 4 160,000 40,000 10%

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