Monique Inque. manufactures Unique, a patented rainbow coat of many colours.Monique has a patent pending for the rain-repellant exterior shell. They anticipate its approval inthe near future. Last year variable costs were $50 per coat and customers paid $250 per coat.Last year, Monique sold 5,500 coats. Complete the table below.SalesVariable costsContribution marginFixed costsNet operating incomeTotalCVP and BEP200,0001. Determine the CONTRIBUTION MARGIN / UNIT.2. Determine the CONTRIBUTION MARGIN RATIO.

MARGINAL COSTING INCOME STATEMENT Marginal Costing Income Statement is one of the Important Cost…

Answered: Monique Inque. manufactures Unique, a…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 10EB: Keleher Industries manufactures pet doors and sells them directly to the consumer via their web...

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Garage Doors manufactures a premium garage door. Currently, the price and cost data associated with the premium garage door are as follows: screenshot attache thnaks
FlashCo. Manufactures 1 GB flash drives (jump drives). Price and cost data for a relevant range extending to 200,000 units per month are as follows: (Click the icon to view the data.) Requirements Ignore requirements 2, 3, 9 & 10 Requirement 1. What is the company's contribution margin per unit? The contribution margin per unit is $3. What is the company's contribution margin ratio? The contribution margin ratio is 15%. What is the company's total contribution margin? The total contribution margin is $. Requirement 4. What is the breakeven point in units? The company's breakeven point is units. What is the breakeven point in sales dollars? The breakeven point in dollars is $ Requirement 5. How many units would the company have to sell to earn a target monthly profit of $260,100? In order to earn a monthly profit of $260,100, the company must sell units. C Requirement 7. Return to the original data for this question and the rest of the questions. What is the company's current operating…
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Cost BehaviorSmokeCity, Inc., manufactures barbeque smokers. Based on past experience, SmokeCity has found that its total annual overhead costs can be represented by the following formula: Over-head cost = $543,000 + $1.34X, where X equals number of smokers. Last year, SmokeCity pro-duced 20,000 smokers. Actual overhead costs for the year were as expected. Required:1. What is the driver for the overhead activity?2. What is the total overhead cost incurred by SmokeCity last year?3. What is the total fixed overhead cost incurred by SmokeCity last year?4. What is the total variable overhead cost incurred by SmokeCity last year?5. What is the overhead cost per unit produced?6. What is the fixed overhead cost per unit?7. What is the variable overhead cost per unit?8. Recalculate Requirements 5, 6, and 7 for the following levels of production: (a) 19,500 unitsand (b) 21,600 units. (Round your answers to the nearest cent.) Explain this outcome.
ost Behavior\\n\\nFresh Powder, Inc., manufactures snowboards. Based on past experience, Fresh Powder has found that its total annual overhead costs can be represented by the following formula: Overhead cost = $503,230 + $1.33X, where X equals number of snowboards. Last year, Fresh Powder produced 18,200 snowboards. Actual overhead costs for the year were as expected.\\n\\nRequired:\\n\\n1. What is the driver for the overhead activity?\\n\\nNumber of snowboards\\n\\nFor questions 2-4, Enter the final answers rounded to the nearest dollar.\\n\\n2. What is the total overhead cost incurred by Fresh Powder last year?\\n\\n$fill in the blank 2\\n527,436\\n3. What is the total fixed overhead cost incurred by Fresh Powder last year?\\n\\n$fill in the blank 3\\n503,230\\n4. What is the total variable overhead cost incurred by Fresh Powder last year?\\n\\n$fill in the blank 4\\n1\\nFor questions 5-7, round your answers to the nearest cent. Use those rounded figures in subsequent computations,…
Best Windows is a small company that installs windows. Its cost structure is as follows: Selling price from each window installation Variable cost of each window installation Annual fixed costs $ $ $ 160,000 Use (a) the equation method and (b) the contribution method to calculate operating income if Best installs 4,000 windows. Use (a) the Equation method to calculate operating income if Best installs 4,000 windows. Begin by determining the formula to calculate the operating income using the equation method. Then, calculate the operating income. (Abbreviation used: FC = Fixed costs, SP = Selling price, VCU = Variable cost per unit, Q = Quantity of units sold.) X X )-( )-( X X 700 600 X = Operating income = Next, use (b) the contribution method to calculate operating income if Best installs 4,000 windows. Begin by determining the formula to calculate the operating income using the contribution method. Then, calculate the operating income. = Operating income
For National’s new product, total conversion costs per unit amounted to?
Solve this problem is solution
Sailmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one model, the Windy 2000. Units sold Sale price each Total labor hours Wage rate Total materials Total energy 1,231 $ 1,715 46,452 $ 12 $61,150 $ 4,009 Productivity per hour Calculate the productivity in sales revenue/labor expense. Note: Round your answer to 2 decimal places.
Vandenberg, Inc., produces and sells two products: a ceiling fan and a table fan. Vandenberg plans to sell 40,000 ceiling fans and 70,000 table fans in the coming year. Product price and cost information includes: Ceiling Fan Table Fan Price $56 $17 Unit variable cost $13 $8 Direct fixed cost $21,200 $43,000 Common fixed selling and administrative expenses total $98,000. Required: Question Content Area 1. What is the sales mix estimated for next year (calculated to the lowest whole number for each product)?Sales mix of ceiling fans to table fans = ___________ : ______________ 2. Using the sales mix from Requirement 1, form a package of ceiling fans and table fans. How many ceiling fans and table fans are sold at break-even? Round your intermediate calculations and final answers to the nearest whole number. Break-even ceiling fans _______ Break-even table fans ______ 3. Prepare a contribution-margin-based income…
produces sports socks. The company has fixed expenses of screenshot attached athnhksgnrwohirnhw roihnw

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