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Current Attempt in Progress The salespeople at Kingbird, a notebook manufacturer, commonly pressured operations managers to keep costs down so the company could give bigger discounts to large customers. Donald, the operations supervisor, leaked the $0.90 total unit cost to salespeople, who were thence that was slightly lower than the previous year's unit cost. Budgets were not yet finalized for the upcoming year, so it was und at the target unit cost would be. Donald knew the current year's operating capacity was two million notebooks, and Kingbirded and sold just that many. The detailed breakdown of the $0.90 total unit cost is as follows. (4) Direct material Direct labor Variable overhead Fixed overhead Total cost per unit Total fixed costs Gross margin ✓ Your answer is correct. What w ngbird's total fixed costs? If the average selling price was $1.75, how much gross margin did the company generate? Fixed.com Total costrunit Gross margin eTextbook and Media Save for Later $0.10 $ 0.25 $ xed cos 0.15 Total cost per unit Gross margin 0.40 $0.90 If Kingbird incurs exactly the same total fixed costs but produces and sells only 1,600,000 notebooks this coming year, what happens to the fixed cost per unit? In turn, what would the total cost per unit be? If the average selling price stays at $1.75, how much gross margin would be earned? (Round per unit answers to 2 decimal places, e.g. 15.25) eTextbook and Media 800,000 1,700,000 Increased by $ $ $ If Kingbird reworks its equipment layout and processes to increase the top end of its relevant range of activity to 2,500,000 notebooks without incurring more fixed costs, what happens to the fixed cost per unit if it is able to make and sell that larger Quantity of units? (Round per unit answers to 2 decimal places, eg. 15.25.) by $ $ per unit $ per unit Attempts: 2 of 2 used per unit per unit Attempts: 1 of 2 used Submit Answer

Current Attempt in Progress The salespeople at Kingbird, a notebook manufacturer, commonly pressured operations managers to keep costs down so the company could give bigger discounts to large customers. Donald, the operations supervisor, leaked the $0.90 total unit cost to salespeople, who were thence that was slightly lower than the previous year's unit cost. Budgets were not yet finalized for the upcoming year, so it was und at the target unit cost would be. Donald knew the current year's operating capacity was two million notebooks, and Kingbirded and sold just that many. The detailed breakdown of the $0.90 total unit cost is as follows. (4) Direct material Direct labor Variable overhead Fixed overhead Total cost per unit Total fixed costs Gross margin ✓ Your answer is correct. What w ngbird's total fixed costs? If the average selling price was $1.75, how much gross margin did the company generate? Fixed.com Total costrunit Gross margin eTextbook and Media Save for Later $0.10 $ 0.25 $ xed cos 0.15 Total cost per unit Gross margin 0.40 $0.90 If Kingbird incurs exactly the same total fixed costs but produces and sells only 1,600,000 notebooks this coming year, what happens to the fixed cost per unit? In turn, what would the total cost per unit be? If the average selling price stays at $1.75, how much gross margin would be earned? (Round per unit answers to 2 decimal places, e.g. 15.25) eTextbook and Media 800,000 1,700,000 Increased by $ $ $ If Kingbird reworks its equipment layout and processes to increase the top end of its relevant range of activity to 2,500,000 notebooks without incurring more fixed costs, what happens to the fixed cost per unit if it is able to make and sell that larger Quantity of units? (Round per unit answers to 2 decimal places, eg. 15.25.) by $ $ per unit $ per unit Attempts: 2 of 2 used per unit per unit Attempts: 1 of 2 used Submit Answer

FINANCIAL ACCOUNTING
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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Current Attempt in Progress The salespeople at Kingbird, a notebook manufacturer, commonly pressured operations managers to keep costs down so the company could give bigger discounts to large customers. Donald, the operations supervisor, leaked the $0.90 total unit cost to salespeople, who were thoedince that was slightly lower than the previous year's unit cost. Budgets were not yet finalized for the upcoming year, so it was unhat the target unit cost would be. Donald knew the current year's operating capacity was two million notebooks, and Kingbirded and sold just that many. The detailed breakdown of the $0.90 total unit cost is as follows. (4) Direct material Direct labor Variable overhead Fixed overhead Total cost per unit Total fixed costs Gross margin ✓ Your answer is correct. What w ngbird's total fixed costs? If the average selling price was $1.75, how much gross margin did the company generate? Fixed.com Total costerunit Gross margin eTextbook and Media Save for Later $0.10 0.25 $ 0.15 $ xed cos Total cost per unit 0.40 $0.90 If Kingbird incurs exactly the same total fixed costs but produces and sells only 1,600,000 notebooks this coming year, what happens to the fixed cost per unit? In turn, what would the total cost per unit be? If the average selling price stays at $1.75, how much gross margin would be earned? (Round per unit answers to 2 decimal places, e.g. 15.25) Gross margin eTextbook and Media 800,000 1,700,000 Increased by $ eTextbook and Media $ $ If Kingbird reworks its equipment layout and processes to increase the top end of its relevant range of activity to 2,500,000 notebooks without incurring more fixed costs, what happens to the fixed cost per unit if it is able to make and sell that larger Quantity of units? (Round per unit answers to 2 decimal places, eg. 15.25.) by $ $ per unit $ per unit Attempts: 2 of 2 used per unit per unit Attempts: 1 of 2 used Submit Answer
Transcribed Image Text:Current Attempt in Progress The salespeople at Kingbird, a notebook manufacturer, commonly pressured operations managers to keep costs down so the company could give bigger discounts to large customers. Donald, the operations supervisor, leaked the $0.90 total unit cost to salespeople, who were thoedince that was slightly lower than the previous year's unit cost. Budgets were not yet finalized for the upcoming year, so it was unhat the target unit cost would be. Donald knew the current year's operating capacity was two million notebooks, and Kingbirded and sold just that many. The detailed breakdown of the $0.90 total unit cost is as follows. (4) Direct material Direct labor Variable overhead Fixed overhead Total cost per unit Total fixed costs Gross margin ✓ Your answer is correct. What w ngbird's total fixed costs? If the average selling price was $1.75, how much gross margin did the company generate? Fixed.com Total costerunit Gross margin eTextbook and Media Save for Later $0.10 0.25 $ 0.15 $ xed cos Total cost per unit 0.40 $0.90 If Kingbird incurs exactly the same total fixed costs but produces and sells only 1,600,000 notebooks this coming year, what happens to the fixed cost per unit? In turn, what would the total cost per unit be? If the average selling price stays at $1.75, how much gross margin would be earned? (Round per unit answers to 2 decimal places, e.g. 15.25) Gross margin eTextbook and Media 800,000 1,700,000 Increased by $ eTextbook and Media $ $ If Kingbird reworks its equipment layout and processes to increase the top end of its relevant range of activity to 2,500,000 notebooks without incurring more fixed costs, what happens to the fixed cost per unit if it is able to make and sell that larger Quantity of units? (Round per unit answers to 2 decimal places, eg. 15.25.) by $ $ per unit $ per unit Attempts: 2 of 2 used per unit per unit Attempts: 1 of 2 used Submit Answer
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