Cullumber Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Pairs of Pairs of Range- Shoes Gloves Finder Unit selling price $104 $29 $245 Unit variable costs 60 10 204 Unit contribution margin $44 $19 $41 Sales mix 36 % 45 % 19 % Fixed costs are $659,690. (a1) Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin $

Cullumber Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Pairs of Pairs of Range- Shoes Gloves Finder Unit selling price $104 $29 $245 Unit variable costs 60 10 204 Unit contribution margin $44 $19 $41 Sales mix 36 % 45 % 19 % Fixed costs are $659,690. (a1) Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin $

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 58P: Polaris Inc. manufactures two types of metal stampings for the automobile industry: door handles and...

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Carla Vista Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Pairs of Shoes Pairs of Range- Gloves Finder Unit selling price $105 $33 $244 Unit variable costs 58 13 203 Unit contribution margin $47 $20 $41 Sales mix 36 % 41 % 23 % Fixed costs are $735,915. (a1) Your answer is correct. Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin $ 34.55 eTextbook and Media (a2) Your answer is correct. Compute the break-even point in units for the company. Break-even point eTextbook and Media 21300 units Attempts: 1 of 3 used Attempts: 1 of 3 used (b) Determine the number of units to be sold at the break-even point for each product line. Shoes Break-even point in units Gloves Range Finders pairs of shoes pairs of gloves range-finders
Carla Vista Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Pairs ofShoes Pairs ofGloves Range-Finder Unit selling price $105 $33 $244 Unit variable costs 58 13 203 Unit contribution margin $47 $20 $41 Sales mix 36 % 41 % 23 % Fixed costs are $735,915. (a1) Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin $enter the weighted-average unit contribution margin in dollars rounded to 2 decimal places
Waterway Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Pairs ofShoes Pairs ofGloves Range-Finder Unit sales price $105 $32 $245 Unit variable costs 59 10 205 Unit contribution margin $46 $22 $40 Sales mix 31 % 41% 28% Fixed costs are $658,568. A. Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin $ B. Compute the break-even point in units for the company. Break-even point units C. Determine the number of units to be sold at the break-even point for each product line. Shoes pairs of shoes Gloves pairs of gloves Range Finders range-finders D. Verify that the mix of units to be sold at the break-even point for…
Blossom Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Sales mix is determined based upon total units sold. Pairs of Pairs of Range- Shoes Gloves Finder Unit selling price $102 $28 $240 Unit variable costs 58 10 200 Unit contribution margin $44 $18 $40 Sales mix 30 % 40 % 30 % Fixed costs are $583,200. Verify that the mix of sales units to be sold at the break-even point for each product line will generate a zero net income. BlossomGolf Accessories CVP Income Statament > > > > $
Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Pairs ofShoes Pairs ofGloves Range-Finder Unit sales price $104 $34 $244 Unit variable costs 61 10 202 Unit contribution margin $43 $24 $42 Sales mix 40 % 43 % 17 % Fixed costs are $634,278. Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin $ Compute the break-even point in units for the company. Break-even point units Determine the number of units to be sold at the break-even point for each product line. Shoes Gloves Range Finders
Waterway Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Pairs ofShoes Pairs ofGloves Range-Finder Unit sales price $105 $32 $245 Unit variable costs 59 10 205 Unit contribution margin $46 $22 $40 Sales mix 31% 41% 28% Fixed costs are $658,568. Weighted-average unit contribution margin: $34.48 Break-even point: 19,100 units Please answer this: Verify that the mix of units to be sold at the break-even point for each product line will generate a zero net income by computing the total contribution margin for each product line.
Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Pairs ofShoes Pairs ofGloves Range-Finder Unit sales price $100 $30 $260 Unit variable costs 60 10 200 Unit contribution margin $40 $20 $60 Sales mix 35 % 55 % 10 % Fixed costs are $620,000. (a) Calculate weighted-average unit contribution margin. (Round answer to 2 decimal places e.g. 10.25.) Weighted-average unit contribution margin $
SBD Phone Company sells its waterproof phone case for $122 per unit. Fixed costs total $262,000, and variable costs are $52 per unit. Compute the units of product that must be sold to earn pretax income of $228,000. Units to be sold to achieve targeted income Choose Numerator: Choose Denominator: Units to Achieve Target Units to achieve target II
Cullumber Company makes three models of tasers. Information on the three products is given below. Sales Variable expenses Contribution margin Fixed expenses Net income (a) Net income $ (b) Shocker Net Income Tingler $300,000 $500,000 Tingler Net Income $ Total Net Income (c) Why or why not? Compute current net income for Cullumber Company. ta Net income would 151,400 148,600 $ 119,400 S $29,200 Fixed expenses consist of $298,000 of common costs allocated to the three products based on relative sales, as well as direct fixed expenses unique to each model of $30,000 (Tingler), $80,800 (Shocker), and $34,300 (Stunner). The common costs will be incurred regardless of how many models are produced. The direct fixed expenses would be eliminated if that model is phased out. James Watt, an executive with the company, feels the Stunner line should be discontinued to increase the company's net income. Shocker 197,000 303,000 229,800 $73,200 Compute net income by product line and in total for…
Polaris Inc. manufactures two types of metal stampings for the automobile industry: door handles and trim kits. Fixed cost equals 146,000. Each door handle sells for 12 and has variable cost of 9; each trim kit sells for 8 and has variable cost of 5. Required: 1. What are the contribution margin per unit and the contribution margin ratio for door handles and for trim kits? 2. If Polaris sells 20,000 door handles and 40,000 trim kits, what is the operating income? 3. How many door handles and how many trim kits must be sold for Polaris to break even? 4. CONCEPTUAL CONNECTION Assume that Polaris has the opportunity to rearrange its plant to produce only trim kits. If this is done, fixed costs will decrease by 35,000, and 70,000 trim kits can be produced and sold. Is this a good idea? Explain.
MultiproductGreen Rider makes three types of electric scooters. The company’s total fixed cost is $2,376,000,000. Selling prices, variable cost, and sales percentages for each type of scooter follow: Selling Price Variable Cost Percent of Total Unit Sales Mod $2,200 $1,900 30 Rad 3,700 3,000 50 X-treme 6,000 5,000 20 a. What is Green Rider’s break-even point in units and sales dollars? Units Dollars Mod Answer Answer Rad Answer Answer X-treme Answer Answer Total Answer Answer b. If the company has an after-tax income goal of $2 billion and the tax rate is 50 percent, how many units of each type of scooter must be sold for the goal to be reached at the current sales mix? Units Dollars Mod Answer Answer Rad Answer Answer X-treme Answer Answer Total Answer Answer c. Assume the sales mix shifts to 50 percent Mod, 40 percent Rad, and 10 percent X-treme. How does this change affect your…
Update takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Show Me How E Print Item еВook Sales Mix and Break-Even Sales Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $306,000, and the sales mix is 40% bats and 60% gloves. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Bats $50 $40 Gloves 130 80 a. Compute the break-even sales (units) for the overall enterprise product, E. units b. How many units of each product, baseball bats and baseball gloves, would be sold at the break-even point? Baseball bats units Baseball gloves units Check My Work 4 more Check My Work uses remaining. Previous Next All work saved.