(e) Product Blue Product Red £ £ Selling £12.00 £24.00 Variable cost £ 4.00 £ 8.00 Contribution margin £ 8.00 £16.00 Fixed costs apportioned £200,000 £400,000 Budgeted Sales Units 140,000 60,000 Required: Calculate the breakeven points, for each product and the company as a whole and comment on your findings

(e) Product Blue Product Red £ £ Selling £12.00 £24.00 Variable cost £ 4.00 £ 8.00 Contribution margin £ 8.00 £16.00 Fixed costs apportioned £200,000 £400,000 Budgeted Sales Units 140,000 60,000 Required: Calculate the breakeven points, for each product and the company as a whole and comment on your findings

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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Total Cost Concept of Product Pricing Smart Stream Inc. uses the total cost concept of applying the cost-plus approach to product pricing. The costs of producing and selling 8,500 cellular phones are as follows: Variable costs: Fixed costs: Direct materials $ 71 Factory overhead $301,900 Direct labor 33 Selling and administrative expenses 106,100 Factory overhead 21 Selling and administrative expenses 17 Total $142 Smart Stream wants a profit equal to a 16% rate of return on invested assets of $767,130. a. Determine the total costs and the total cost amount per unit for the production and sale of 8,500 units of cellular phones. Total costs $fill in the blank Cost amount per unit $fill in the blank b. Determine the total cost markup percentage for cellular phones. Rounded to two decimal places.fill in the blank % c. Determine the selling price of cellular phones. Round to the nearest cent.$fill in the…
The Consumer Products Division of Goich Corporation had average operating assets of $500,000 and net operating income of $41,500 in May. The minimum required rate of return for performance evaluation purposes is 12%. What was the Consumer Products Division's minimum required return in May? Multiple Cholce $4,980 $41,500 $64,980 $60.000 65°F Cloudy pe here to search DELL
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Кееp-or-Drop Decision Petoskey Company produces three products: Alanson, Boyne, and Conway. A segmented income statement, with amounts given in thousands, follows: Alanson Вoyne Conway Total Sales revenue $1,280 $185 $345 $1,810 Less: Variable expenses 1,115 45 276 1,436 Contribution margin $165 $140 $69 $374 Less direct fixed expenses: Depreciation 50 15 10 75 Salaries 95 85 88 268 Segment margin $20 $40 $(29) $31 Direct fixed expenses consist of depreciation and plant supervisory salaries. All depreciation on the equipment is dedicated to the product lines. None of the equipment can be sold. Assume that each of the three products has a different supervisor whose position would remain if the associated product were dropped. Required: CONCEPTUAL CONNECTION: Estimate the impact on profit that would result from dropping Conway. Enter amount in full, rather than in thousands. For example, "15000" rather than "15". Decrease Should Petoskey keep or drop Conway? Keep Feedback Check My Work…
What are the expected average quarterly costs of running a consulting practice if fixed costs are expected to be $4,000 a month and variable costs are expected to be $100 per client for each quarter? Expected number of clients for the year are: Jan - March April - June July - Sep Oct - Dec 110 140 150 100 A. $12,500 B. $24, 500 C. $16, 500 D. $19,500
I don't understand how to compete the production cost per unit
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* CengageNOWv2 | Online teachin x now.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress3false Contribution Margin, Break-Even Sales, Cost-Volume-Profit Chart, Margin of Safety, and Operating Leverage Belmain Co. expects to maintain the same inventories at the end of 20Y7 as at the beginning of the year. The total of all production costs for the year is therefore assumed to be equal to the cost of goods sold. With this in mind, the various department heads were asked to submit estimates of the costs for their departments during the year. A summary report of these estimates is as follows: Estimated Estimated Variable Cost Fixed Cost (per unit sold) Production costs: Direct materials $19 Direct labor 13 Factory overhead $182,500 10 Selling expenses: Sales salaries and commissions 37,900 4 Advertising 12,800 Travel 2,900 Miscellaneous selling expense 3,100 4 Administrative expenses: Office and officers' salaries 37,100 Supplies 4,600 2…
Accounting BUY Chapte... Managerial Accounting 15th Edition ISBN: 9781337912020 Author: Carl Warren, Ph.d. Cma William B. Tayler Publisher: South-Western College Pub Problem 5BE Section... Question Sales Mix and Break-Even Analysis Megan Company has fixed costs of $299,700. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $210 $120 $90 Zoro 150 100 50 The sales mix for products Yankee and Zoro is 10% and 90%, respectively. Determine the break-even point in units of Yankee and Zoro. a. Product Model Yankee 3,330 X units b. Product Model Zoro < Feedback See similar textbooks units ▼ Check My Work Subtract the combined unit variable cost from the combined unit selling price. Divide the fixed costs by the combined unit contribution margin to find break-even point in units. Units for Yankee and Zoro will be break-even point in units…