View PoliciesCurrent Attempt in ProgressCullumber Cap Springs produces and sells water filtration systems for homeowners. Information regarding its three models is shownbelow.BasicBasic PlusPremiumTotalUnits sold7203001801,200Unit selling price$249$402$804Unit variable cost$190$288$411The company's total fixed costs to produce the filtration systems are $184,275.(a)Determine the sales mix as a function of units sold for the three products.The sales mix asa function ofunits soldeTextbook and MediaSave for LaterBasic%Basic PlusPremium%Attempts: 0 of 3 usedSubmit Answer

Sales mix means when more than one product is being sold by the company. Sales mix is ratio of…

Answered: Current Attempt in Progress Cullumber…

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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Jov Co sells three products: A, B and C. It can either make the products itself or purchase them from a subcontractor. The following information is available: Machine hours to manufacture Product A B C O 0 O 2,500 5 3 2 O 4,500 Variable cost ($) 30 20 15 For the coming period, Jov Co has received orders from its customers for 5,000 units of each product but it only has 20,000 machine hours available. What is the optimum number of units of product B which Jov Co should purchase from the subcontractor? O 5,000 Purchase cost from subcontractor ($) 40 35 20
Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboards are sold in two regions, East Coast and West Coast. Information about the two surfboards is as follows: Atlantic Wave Pacific Pounder Sales price $450 $400 Variable cost of goods sold per unit (167) (192) Manufacturing margin per unit $283 $208 Variable selling expense per unit (202) (112) Contribution margin per unit $81 $96 The sales unit volume for the territories and products for the period is as follows: East Coast West Coast Atlantic Wave 2,440 1,220 Pacific Pounder 0 1,220 Question Content Area a . Prepare a contribution margin by sales territory report. Compute the contribution margin ratio for each territory as a whole percent, rounded to two decimal places, if required.
Solve the following: A company recently established a branch to sell its most popular fan. The company purchases these fans and stores them in a warehouse. The fans are then shipped from the warehouse to both the home office and the new branch, FOB destination. Home office management is responsible for setting the transfer price of the fans charged to the branch in a manner that will measure the long-run incremental cost of supplying the fans to the branch on a continuing basis. Per unit costs for the fans are P50.00 purchase price P2.50 shipping cost to warehouse P3.00 handling cost including P1.00 of allocated administrative overhead P3.50 shipping cost to branch paid by home office P1.25 shipping cost to home office The minimum transfer price that home office should charge the branch to meet its measurement objective is?
Barkov Bakeries produces deluxe muffins in its manufacturing facility in Florida. Data concerning these products appear below. Cornbread Blueberry Plain Normal annual sales volume 200,000 300,000 500,000 Unit selling price $ 2.50 $ 3.00 $ 2.00 Variable cost per unit $ 1.80 $ 2.00 $ 1.40 Total fixed expenses for the entire company are $2,500,000 per year. All three products are sold in highly competitive markets, so the company is unable to raise its prices without losing unacceptable numbers of customers. The company has no work in process or finished goods inventories due to an extremely effective just-in-time manufacturing system.…
Subject: acounting
Q4: Company XYZ has a choice of two machines to purchase. They both make the same product which sells for 20$. Machine A has FC of 8000$ and per unit cost of 6$. Machine B has FC of 20000$ and per .unit cost of 2$. Under what conditions would you select machine A
Sandhill Cap Springs produces and sells water filtration systems for homeowners. Information regarding its three models is shown below. Units sold Basic 1,098 Unit selling price $245 Unit variable cost $197 Basic Plus 414 $395 $283 Premium Total 288 1.800 $800 $414 The company's total fixed costs to produce the filtration systems are $163,520.
PowerTrain Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Mountain Monster and Desert Dragon, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: 1 Mountain Monster Desert Dragon 2 Sales price $5,400.00 $5,300.00 3 Variable cost of goods sold 3,255.00 3,400.00 4 Manufacturing margin $2,145.00 $1,900.00 5 Variable selling expenses 1,065.00 946.00 6 Contribution margin $1,080.00 $954.00 7 Fixed expenses 485.00 305.00 8 Income from operations $595.00 $649.00 In addition, the following sales unit volume information for the period is as follows: Mountain Monster Desert Dragon Sales unit volume 5,300 5,150 Required: a. Prepare a contribution margin by product report. Calculate the contribution margin ratio for each.…
A company has two divisions, Division A and Division B. Division A has provided the following information regarding the one product that it manufactures and sells on the outside market: Selling price per unit (on the outside market) Variable cost per unit Fixed costs per unit (based on capacity) Capacity in units Multiple Choice $ $ Profits would decrease by $77,000 $ Division B could use Division A's product as a component part in the manufacture of 4,000 units of its own newly-designed product. Division B has received a quote of $63 from an outside supplier for a component part that is comparable to the one that Division A makes. Profits would decrease by $69,000 60 41 8 Also assume that the company's divisional managers are evaluated based on their division's profits and that Division A is currently selling 17,000 units on the outside market. If the managers of the two divisions do not agree on a transfer price and Division B purchases 4,000 component parts from an outside supplier,…
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Arctic Air Inc. manufactures cooling units for commercial buildings. Activity-base usage and unit volume information for the three customers is as follows: Gough Industries Breen Inc. The Martin Group Total Number of service requests 65 47 202 314 Number of bids 34 20 45 99 Number of customer design changes 41 27 156 224 Unit volume 21 15 6 42

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