Crane Company manufactures and sells two products. Relevant per unit data concerning each product follow.     Product     Basic   Deluxe Selling price   $42.00   $52.00 Variable costs   $20.40   $24.80 Machine hours   0.60   0.80   A. Compute the contribution margin per machine hour for each product.     Basic   Deluxe Contribution margin per machine hour   $   $   B. Calculate total contribution margin if the additional 1,010 hours are: (1) Divided equally between the products.     Basic   Deluxe   Total Contribution margin   $   $   $ (2) Allocated entirely to the product identified above.     Basic   Deluxe   Total Contribution margin   $   $   $

Q: Molly Company sells 38,000 units at $36 per unit. Variable costs are $27.36 per unit, and fixed…

A: Fixed cost is the cost does not change with the change in the units manufactured, while variable…

Q: on sells products for $43 each that have variab ual fixed cost is $638,000. ontribution margin…

A: Breakeven point is where the fixed cost equals the contribution margin . At breakeven point there is…

Q: Chip Company produces three products, Kin, Ike, and Bix. Each product uses the same direct material.…

A: The contribution margin helps in analyzing the amount left with the company after paying off its…

Q: Steven Company has fixed costs of $394,092. The unit selling price, variable cost per unit, and…

A: First, compute the weighted contribution margin per unit as shown below: weighted contribution…

Q: Bluegill Company sells 12,500 units at $300 per unit. Fixed costs are $187,500, and operating income…

A: MARGINAL COSTING INCOME STATEMENTMarginal Costing Income Statement is One of the Important Cost…

Q: Megan Company has fixed costs of $2,254,000. The unit selling price, variable cost per unit, and…

A: Weighted contribution margin per unit =$280 ×60%+$280×40%=168+112=$280

Q: Blanchard Company manufactures a single product that sells for $175 per unit and whose total…

A: Selling price per unit =$175 Variable cost per unit=$140 Annual fixed cost=$514,500  Contribution…

Q: Bluegill Company sells 16,700 units at $260 per unit. Fixed costs are $217,100, and operating income…

A: Variable costs are those costs which changes directly with change in level of activity. Contribution…

Q: A company reports the following information for the single product it manufactures. Sales price…

A: Calculation: Requirement A:Selling price per unit                    $230Less: Variable cost per…

Q: Chip Company produces three products, Kin, Ike, and Bix. Each product uses the same direct material.…

A: The contribution margin is calculated as the difference between the sales and variable costs. The…

Q: Molly Company sells 30,000 units at $43 per unit. Variable costs are $26.66 per unit, and fixed…

A: CVP analysis is used in decision-making by the management. It helps to make strategies and take wise…

Q: Waite Company sells 250,000 units at 120 per unit. Variable costs are 78 per unit, and fixed costs…

A: a. Contribution margin ratio =  Unit contribution margin / Selling price b. Unit contribution margin…

Q: Consider the following sales and cost data for Van Buren Company. The total sales and cost…

A: Lets understand the basics. Contribution margin is a margin generated from the sales. In other…

Q: Bluegill Company sells 12,600 units at $140 per unit. Fixed costs are $88,200, and operating income…

A: Contribution margin: The difference between the sales and the variable costs is called contribution…

Q: Required: 1. Calculate the contribution margin per pound of the constraining resource for each…

A: Contribution Margin is the difference between the total sales and the total variable cost.Sometimes…

Q: Zeke Company sells 25,900 units at $18 per unit. Variable costs are $8 per unit, and fixed costs are…

A: Contribution margin = Sales - variable cost = $18 - $8 = $10 Contribution margin ratio =…

Q: Sunn Company manufactures a single product that sells for $130 per unit and whose variable costs are…

A: Formula: Contribution margin per unit = Selling price per unit - Variable cost per unit

Q: Sally Company sells 39,000 units at $16 per unit. Variable costs are $11.20 per unit, and fixed…

A: We know that under marginal costing  Operating income = Sales Revenue - Total Variable cost - Total…

Q: Bluegill Company sells 13,600 units at $140 per unit. Fixed costs are $95,200, and operating income…

A: Fixed costs are those costs that do not change with the output level. Total variable costs changes…

Q: Concord Corporation’s contribution margin is $22.50 per unit for Product A and $35 for Product B.…

A: When resources like labour hour or machine hours are limited, then contribution margin per that…

Q: Molly Company sells 29,000 units at $48 per unit. Variable costs are $27.36 per unit, and fixed…

A: Contribution Margin Ratio: Contribution Margin is the residual value which is computed by deducting…

Q: Steven Company has fixed costs of $428,856. The unit selling price, variable cost per unit, and…

A: Break even sales is the dollar amount of revenue at which a business earns a profit of zero. This…

Q: Bluegill Company sells 15,500 units at $220 per unit. Fixed costs are $170,500, and operating income…

A: Total sales revenue - Variable cost = Contribution margin And Contribution margin - Fixed cost =…

Q: Ferrante Company sells 26,000 units at $12 per unit. Variable costs are $10.08 per unit, and fixed…

A: Unit contribution margin = Selling price - Unit variable cost Contribution margin ratio = Unit…

Q: Molly Company sells 23,000 units at $28 per unit. Variable costs are $21.56 per unit, and fixed…

A: The objective of the question is to calculate the contribution margin ratio, the unit contribution…

Q: Oslo Company prepared the following contribution format income statement based on a sales volume of…

A: Contribution margin ratio is the difference between company's sales and variable cost, expressed as…

Q: Rooney Corporation sells products for $28 each that have variable costs of $15 per unit. Rooney's…

A: 1) breakeven point in units = fixed cost / contribution per unit   2) break even point in…

Q: .  Contribution margin ratio (Enter as a whole number.) fill in the blank 1 % b.  Unit contribution…

A: Answer to the fallowing above three parts a)Contribution Margin Ratio: 32% b)Unit Contribution…

Q: Sunn Company manufactures a single product that sells for $120 per unit and whose variable costs are…

A: The profit that a company's managers want to generate for a certain accounting period is referred to…

Q: Oslo Company prepared the following contribution format income statement based on a sales volume of…

A: Contribution Margin Ratio: When a company's revenues exceed its variable expenses, the difference is…

Q: Rooney Corporation sells products for $38 each that have variable costs of $17 per unit. Rooney's…

A: Contribution means the difference between the selling price and variable cost. Break even point…

Q: Willie Company sells 39,000 units at $21 per unit. Variable costs are $14.70 per unit, and fixed…

A: a. Compute contribution margin ratio.

Q: Harry Company sells 37,000 units at $44 per unit. Variable costs are $36.52 per unit, and fixed…

A: Contribution margin can be defined as the cost-accounting technique that determines that whether a…

Q: Bluegill Company sells 10,000 units at $400 per unit. Fixed costs are $200,000, and operating income…

A: Contribution margin = Fixed cost + Income from operations Fixed cost is $200000 Income from…

Q: Sunn Company manufactures asingle product that sels for $130 per unt and whose variable costs are…

A: Formula: Contribution margin per unit = Selling price per unit -Variable cost per unit

Q: Steven Company has fixed costs of $365,640. The unit selling price, variable cost per unit, and…

A: Total breakeven point = Total fixed costs / Weighted average contribution margin per unit where,…

Q: Menk Corporation has provided the following information: Cost per Unit Cost per Period Direct…

A: Variable cost per unit sold = Direct materials + Direct labor + Variable manufacturing overhead +…

Q: The company has a desired net income of $53,991 per service outlet. What is the dollar amount of…

A: Given that the desired net income per service outlet is $53,991:x * Quantity of Oil changes + y *…

Q: 65.24 87.00 se $104.00 $25 82.00 r pound of material for ea and meet demand. Product Contribution.

A: Answer :Contribution margin per unit :   Kin Ike Bix Selling price per unit $165.24 $104…

Q: Steven Company has fixed costs of $431,844. The unit selling price, variable cost per unit, and…

A: Weighted average contribution margin per unit = (contribution margin for X * Sales mix) +…