During its first year. Concord, Inc., showed a $21 per unit profit under absorption costing but would have reported a total profit of $16,800 less under variable costing. If production exceeded sales by 700 units and an average contribution margin of 60% was maintained, what is apparent: a. Fixed cost per unit? b. Sales price per unit? c. Variable cost per unit? d. Unit sales volume if total profit under absorption costing was $189,000?

During its first year. Concord, Inc., showed a $21 per unit profit under absorption costing but would have reported a total profit of $16,800 less under variable costing. If production exceeded sales by 700 units and an average contribution margin of 60% was maintained, what is apparent: a. Fixed cost per unit? b. Sales price per unit? c. Variable cost per unit? d. Unit sales volume if total profit under absorption costing was $189,000?

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 36P: Faldo Company produces a single product. The projected income statement for the coming year, based...

See similar textbooks

Similar questions

Please Need Correct
During its first year, Maple Corp. showed a $20 per-unit profit under absorption costing but would have reported a total profit of $18,000 less under variable costing. Suppose production exceeded sales by 600 units and an average contribution margin of 60% was maintained. a. What is the fixed cost per unit? b. What is the sales price per unit? c. What is the variable cost per unit? d. What is the unit sales volume if total profit under absorption costing was $220,000?
During its first year, Pine Co. reported a $12 per-unit profit under absorption costing, but the total profit would have been $9,000 less under variable costing. Production exceeded sales by 300 units, and the average contribution margin was 60%. a. What is the fixed cost per unit? b. What is the sales price per unit? c. What is the variable cost per unit? d. What is the unit sales volume if total profit under absorption costing was $96,000?
During its first year, Maple Ltd. reported a $25 per-unit profit under absorption costing but would have reported $12,000 less profit under variable costing. Suppose production exceeded sales by 400 units, and an average contribution margin of 60% was maintained. a) What is the fixed cost per unit? b) What is the sales price per unit? c) What is the variable cost per unit? d) What is the unit sales volume if total profit under absorption costing was $250,000?
During its first year, Pine Corp. reported a $22 per-unit profit under absorption costing but would have reported $20,000 less profit under variable costing. Suppose production exceeded sales by 600 units, and an average contribution margin of 65% was maintained. a) What is the fixed cost per unit? b) What is the sales price per unit? c) What is the variable cost per unit? d) What is the unit sales volume if total profit under absorption costing was $220,000?
chose correct answer please
During its first year. Concord, Inc., showed a $33 per unit profit under absorption costing but would have reported a total profit of $19,300 less under variable costing. If production exceeded sales by 825 units and an average contribution margin of 77% was maintained, what is apparent: a. Fixed cost per unit? b. Sales price per unit?
A & B?? answer this problem
Don't give me incorrect solution
Compute the contribution margin.
managerial account
Please do not reject as incomplete I will submit the other portion as another question.Please answer all parts with explanations. Thx