Answer the question using the information provided below: Number of Custom Variable Cost Per Total Cost Per Custom Carburetors Produced Custom Carburetors Carburetor (1) (2) (3) 1 $50 $50 500 50 1000 50 The manager at the Carburetor Factory buys a custom carburetor at $50.00 each for each of its custom vehicles. Compute the total cost per custom carburetor if 500 and 1,000 custom carburetors are produced. O a. $25,000; $50,000 O b. $45,000; $90,000 O c. $40,000; $45,000 O d. $35,000; $70,000 e. $30.000: $60.000

Answer the question using the information provided below: Number of Custom Variable Cost Per Total Cost Per Custom Carburetors Produced Custom Carburetors Carburetor (1) (2) (3) 1 $50 $50 500 50 1000 50 The manager at the Carburetor Factory buys a custom carburetor at $50.00 each for each of its custom vehicles. Compute the total cost per custom carburetor if 500 and 1,000 custom carburetors are produced. O a. $25,000; $50,000 O b. $45,000; $90,000 O c. $40,000; $45,000 O d. $35,000; $70,000 e. $30.000: $60.000

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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The Westfall Company has a contract to produce 10,000 garden hoses for a large discount chain. Westfall has four different machines that can produce this kind of hose. Because these machines are from different manufacturers and use different technologies, their specifications are not the same. Machine 1 2 3 4 Fixed Cost to Set Up $750 $500 $1000 $300 Variable Cost Per Hose $1.25 $1.50 $1.00 $2.00 Capacity (units) 6000 7500 4000 5000 If machine 2 is used, machine 3 must be used also. However, if machine 3 is used, machine 2 need NOT be used. The company wants to minimize the total cost of fulfill the contract. Please formulate a mixed integer linear programming problem to decide which machine(s) to use and how many garden hoses to produce on each machine if the machine is used. The correct set of decision variables is:
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Number 4 for this is all I need please: Contribution Margin, Break-Even Units, Contribution Margin Income Statement, Margin of Safety Zebra Company manufactures custom-designed skins (covers) for iPods® and other portable MP3 devices. Variable costs are $5.50 per custom skin, the price is $10, and fixed costs are $114,300. Required: 1. What is the contribution margin for one custom skin? Round your answer to the nearest cent.$fill in the blank 1 per custom skin 2. How many custom skins must Zebra Company sell to break even? fill in the blank 2 custom skins 3. If Zebra Company sells 26,000 custom skins, what is the operating income?$fill in the blank 3 4. Calculate the margin of safety in units and in sales revenue if 26,000 custom skins are sold. Margin of safety in units fill in the blank 4 units Margin of safety in sales revenue
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Sandy Bank, Incorporated, makes one model of wooden canoe. And, the information for it follows: Number of canoes produced and sold Total costs Variable costs Fixed costs Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit Sandy Bank sells its canoes for $375 each. 450 Required 1 Required 2 $ 69,750 $ 468,000 $ 537,750 Required 3 $ 155.00 1,040.00 $ 1,195.00 650 $ 100,750 $ 468,000 $ 568,750 $ 155.00 720.00 $ 875.00 Complete this question by entering your answers in the tabs below. 800 Required: 1. Suppose that Sandy Bank raises its selling price to $500 per canoe. Calculate its new break-even point in units and in sales 2. If Sandy Bank sells 1,500 canoes, compute its margin of safety in dollars and as a percentage of sales. (Use the new sales pr $500) 3. Calculate the number of canoes that Sandy Bank must sell at $500 each to generate $110,000 profit. $ 124,000 $ 468,000 $ 592,000 $ 155.00 585.00 $ 740.00 Suppose that Sandy Bank raises its selling…
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