Alpine Audio manufactures and sells wireless earbuds. Each earbud set sells for $65.75, and the variable cost per unit is $42.25. Alpine's total fixed costs are $45,000, and budgeted sales are 12,000 units. What is the contribution margin per unit?
Q: How many weeks of supply does summit logistics Inc. Hold ? Accounting question
A: Step 1: Definition of Weeks of SupplyWeeks of Supply is a key inventory metric that measures how…
Q: Compute the predetermined overhead rate for the year
A: Step 1:Predetermined Overhead Rate can be calculated by dividing the Estimated manufacturing…
Q: Compute the predetermined overhead rate
A: Explanation of Predetermined Overhead Rate:The predetermined overhead rate is a cost allocation…
Q: Glendale Manufact has a profit margin
A: The Sustainable Growth Rate (SGR) is calculated using the formula:SGR=ROE×(1−Dividend Payout Ratio)…
Q: Accounting sum 6 pts
A: Concept of Predetermined Overhead Rate (POHR)The Predetermined Overhead Rate (POHR) is an estimated…
Q: help me to solve this question
A: Step 1: Definition of Net IncomeNet income is the amount of profit a company earns after deducting…
Q: General accounting
A: Step 1: Analysis of information givenFinal Value of deposit = $579.64Annual interest rate (r) = 6%…
Q: Accurate answer
A: Explanation of Differential Cost:Differential cost refers to the additional cost incurred when…
Q: Get correct solution this financial accounting question
A: Step 1: Define Interest RevenueInterest revenue is the income earned by a company or individual from…
Q: Compute the net income
A: Explanation of Net Sales: Net sales represents the total revenue from sales after deducting sales…
Q: What is the dollar amount of interest accounting question
A: Step 1: Definition of Interest EarnedInterest Earned is the amount of money a lender or investor…
Q: Calculate Airbnb inventory turnover for the year 2024. ( (COGS) was $1.829 billion for the previous…
A: Airbnb Inventory Turnover (2024) COGS (Cost of Goods Sold) = $1.829 billionAverage Inventory = $491…
Q: answers in whole dollars.
A: Step 1: Definition of GoodwillGoodwill is an intangible asset that arises when a company acquires…
Q: Firms cash conversion cycle?
A: Step 1: Given Value for Calculation Inventory Conversion Period = icp = 55 daysReceivables…
Q: Hi expert please give me answer general accounting question
A: Step 1:First, understand the formula to calculate the initial deposit: A = P (1+r)^n Therefore, P =…
Q: The Tom Corporation forecasts that total overhead for the current year will be $1,500,000 and that…
A: Explanation of Predetermined Overhead Rate:The Predetermined Overhead Rate is an estimated rate used…
Q: What was your total rate of return on these financial accounting question?
A: Step 1: Definition of Total Rate of ReturnThe Total Rate of Return (TRR) measures the overall return…
Q: Can you help me with accounting questions
A: Step 1: Definition of Overhead Application RateOverhead application rate is the predetermined rate…
Q: Can you help me with accounting questions
A: Step 1: Definition of Adjusted Basis in Partnership InterestThe adjusted basis in a partnership…
Q: Answer
A: Included in long-term investment:1. Debt investments - held to maturity beyond one year2. Land (held…
Q: ABD's Breads produces loaves of bread, which sell for $6.00 each. During the current month, ABD…
A: Explanation of Absorption Costing:Absorption costing is a method of accounting that allocates both…
Q: Solve this financial accounting problem
A: Explanation of Net Income: Net income represents the company's total profits after deducting all…
Q: financial account
A: Step 1: Definition of Debt-Equity RatioThe ratio of the total debt relative to the total equity is…
Q: Calculate the gross profit?
A: Explanation of Sales Revenue: Sales revenue represents the total amount of money generated from…
Q: Total unit product cost
A: Step 1: Definition of Absorption CostingAbsorption Costing is a costing method that assigns all…
Q: Hello teacher please solve questions
A: Step 1: Definition of Total LiabilitiesTotal liabilities represent a company's financial…
Q: The future earnings, dividends, and common stock price of Square Technologies Inc. are expected to…
A: Solution for Square Technologies Inc.(a) Cost of Common Equity using the Dividend Discount Model…
Q: Need help with this question solution general accounting
A: Step 1: Definition of Allowance for Doubtful AccountsAllowance for Doubtful Accounts is a contra…
Q: I need answer of this accounting questions
A: Step 1: Calculation of Beginning EquityBeginning Equity = Beginning Assets - Beginning…
Q: need help this question
A: Step 1:The net income is calculated by deducting the expenses from the revenue; when the revenue is…
Q: Need help me
A: Given:Sales = $920,000Profit margin = 5%Market price per share = $18.25Shares outstanding = 8,000…
Q: Suppose in its 2022 annual report that Burger Haven Corporation reports beginning total assets of…
A: All amounts in billions Average assets = (32.80 + $35.40) / 2 = $34.10 a)…
Q: Solve this Accounting problem
A: Explanation of Market Price per Share:The market price per share is the current trading value of a…
Q: General accounting
A: Step 1: Definition of Return on Common Stockholders' Equity (ROCE)Return on Common Stockholders'…
Q: need help this questions
A: Step 1: Definition of Standard Overhead RateThe standard overhead rate is the predetermined overhead…
Q: Plant-wide predetermined overhead rate
A: Explanation of Predetermined Overhead Rate:The Predetermined Overhead Rate is an estimated cost…
Q: Give me correct answer financial accounting question
A: Step 1: Define Bond ValuationBond valuation involves determining the present value (PV) of future…
Q: Need answer
A: Explanation of Predetermined Overhead Rate:The Predetermined Overhead Rate is a cost estimation…
Q: Subject financial accounting
A: Explanation of Profit Margin:Profit margin is a financial metric that indicates how much net income…
Q: Want Answer
A: Concept of Total Manufacturing CostTotal Manufacturing Cost is the total expense incurred in…
Q: Brighton Electronics sold 4,200 units in December at a sales price of $50 per unit. The variable…
A: Concept of Contribution Margin per Unit:Contribution margin per unit is the amount remaining from…
Q: Can you help me with accounting questions
A: Step 1: Definition of Horizontal AnalysisHorizontal analysis is a financial analysis technique that…
Q: Calculate summit's net income for the year on these financial accounting question
A: Step 1: Define Net IncomeNet income is the total profit of a business after deducting all expenses…
Q: 5 PTS
A: Explanation of Common Stock: Common stock represents the basic ownership shares in a company and is…
Q: A company produces a single product. Variable production costs are $15.5 per unit, and variable…
A: Concept of Variable CostingVariable costing is a method where only variable production costs are…
Q: Financial Accounting
A: Concept of Cash Flow to ShareholdersThe Cash Flow to Shareholders (CFS) refers to the net amount of…
Q: What is the total manufacturing cost assigned to job 106?
A: Explanation of Direct Materials Cost: Direct materials cost refers to the cost of raw materials that…
Q: Don't use ai given answer accounting questions
A: Divide the direct labor costs by the overhead costs and multiply the result by 100% to get the…
Q: Accounting question
A: As per Dividend Discount Model- Current Share Price = Dividend in year 1/(Required rate-Growth rate)…
Q: What is the unit product cost
A: Explanation of Absorption Costing:Absorption costing is a method of product costing that allocates…
I don't need ai answer general accounting


Step by step
Solved in 2 steps

- What is the contribution margin per unit?The Haskins Company manufactures and sells radios. Each radio sells for $23.75 and the variable cost per unit is $16.25. Haskin's total fixed costs are $25,000, and budgeted sales are 8,000 units. What is the contribution margin per unit?Zebra company manufactures custom-designed skins(covers) for ipods and other portable MP3devices. Variable costs are $10.80 per custom skin, the price is $16, and fixed cost are $66,560. Required: 1. What is the contribution margin for one custom skin? 2. How many custom skins must Zebra company sell to break even? 3. If Zebra company sells 13,000 custom skins, what is the operating income? 4. Calculate the margin of safety in units and in sales revenue if 13,000custom skins are sold.
- Zebra Company manufactures custom-designed skins (covers) for iPods® and other portable MP3devices. Variable costs are $10.80 per custom skin, the price is $16, and fixed costs are $66,560.Required:1. What is the contribution margin for one custom skin?2. How many custom skins must Zebra Company sell to break even?3. If Zebra Company sells 13,000 custom skins, what is the operating income?4. Calculate the margin of safety in units and in sales revenue if 13,000 custom skins are sold.Cheetah Company manufactures custom-designed skins (covers) for iPods® and other portable electronic devices. Variable costs are $9.20 per custom skin, the price is $19, and fixed costs are $104,860. 1. What is the contribution margin for one custom skin? 2. How many custom skins must Cheetah Company sell to break even? 3. If Cheetah Company sells 13,000 custom skins, what is the operating income? Calculate the margin of safety in units and in sales revenue if 13,000 custom skins are sold.Berhannan's Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10%. Fixed manufacturing cost total $1,250 per month, while fixed selling and administrative costs total $2,510. What is the contribution margin per phone? What is the breakeven point in phones ?
- Perry, Inc. manufactures metal stampings for automobiles: stick shifts and trim kits. Fixed costs are $146,000. Each stick shift sells for $10 and has variable costs of $8; each trim kit sells for $9 and has variable costs of $5. What are the contribution margins per unit and contribution ratios for door handles and trim kits? If Perry sells 30,000 stick shifts and 45,000 trim kits, what is operating income? How many stick shifts and trim kits must be sold for Perry to break even?Muskoka Tools Depot is selling snow blowers for $720.00 each. The same model blowers are being offered by Dixie Appliances for $504.00 each. What rate of discount should Muskoka Tools Depot offer to match the lower price? The variable costs to manufacture a digital appliance are $260 per appliance and the selling price is $850 per appliance. The fixed costs are $46,520 per month. a. Calculate the contribution margin per appliance. Round to the nearest cent b. Calculate the number of appliances that need to be sold per month to break even.Zebra Company manufactures custom-designed skins (covers) for iPods® and other portable MP3 devices. Variable costs are $14.00 per custom skin, the price is $20, and fixed costs are $120,600. Required: 1. What is the contribution margin for one custom skin? Round your answer to the nearest cent. 2. How many custom skins must Zebra Company sell to break even? 3. If Zebra Company sells 21,000 custom skins, what is the operating income? 4. Calculate the margin of safety in units and in sales revenue if 21,000 custom skins are sold. Margin of safety in units units Margin of safety in sales revenue $
- Atlantic Manufacturing produces and sells children’s bikes at an average price of $80. Its costs are as follows: direct materials = $15; direct labour = $7; variable overhead = $3; sales commission is 5% of price. Its fixed monthly costs are $50,000. Required: 1. Using the above cost data, set up a monthly cost equation. Y=___+___x 2. What is the company’s contribution margin percentage? (Round your answer to 2 decimal places.) Contribution Margin %Gotcha Covered manufactures and sells leather cases for cell phones. Each case sells for $80. Variable manufacturing costs are $30 per case. We pay a sales commission of 10% of the selling price to our salespeople. Fixed manufacturing costs are $200,000 and fixed operating costs are $35,000. Calculate the following amounts: a. b. C. ii. iii. iv. V. Target quantity if we want to generate Operating Income = $100,000 Neatly draw a CVP Chart. Be sure to label everything relevant. We currently produce and sell 10,000 cases. i. What is our expected Operating Income? How much is our Margin of Safety in units and dollars? Prepare an Income Statement (through Oper Inc) using the GM format. Prepare an Income Statement (through Oper Inc) using the CM format. Our plant manager suggested we purchase a new machine which will lower our labor costs. This change will increase Fixed Costs by $30,000 and reduce Variable Cost per Unit by $5. Calculate the new Breakeven Quantity and new expected Operating…Nadeen Company manufactures nylon arm - band carriers for use with popular portable MP3 devices. Variable costs are $12 per arm - band carrier, the price is $20, and fixed costs are $80,000. How many arm - band carriers must Nadeen Company sell to break even?



