Problem: 6-17 Forest Creek Dairy produces three milk grades. If Grade A costs 30% more than Grade B, and Grade B costs 25% more than Grade C, which is $2.40 per liter, what is the cost of Grade A per liter?
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- 7)Carmen Co. can further process Product J to produce Product D. Product J is currently selling for $20 per pound and costs $15.75 per pound to produce. Product D would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. What is the differential revenue of producing Product D? a. $18.00 per pound b. $6.25 per pound c. $22.25 per pound d. $6.75 per pound 8)Falcon Co. produces a single product. Its normal selling price is $30 per unit. The variable costs are $19 per unit. Fixed costs are $25,000 for a normal production run of 5,000 units per month. Falcon received a request for a special order that would not interfere with normal sales. The order was for 1,500 units with a special price of $20 per unit. Falcon has the capacity to handle the special order, and for this order, a variable selling cost of $1 per unit would be eliminated. Should the special order be accepted? a. yes b. There would be no difference in accepting or rejecting the…Al Ameen Company sells television sets for RO 200. The variable cost is RO 100 per unit. The fixed costs are RO 350,000. The company wants to have a profit of RO 150,000. How many units must be sold to achieve this goal? a. 6,000 units b. 2,000 units c. 5,000 units d. 3,000 units2. Compute for the selling price for the product Banana Loaf whose total cost is $625.00 which can produce 10 banana loaves given the markup of 60%. (5 Points) 3. Assuming the ingredients and cost below, you are able to make 80 small munchkins and you decide to markup 50% to your product. Calculate for the selling price of the product Munchkins. (10 Points) Ingredients Total Cost 1 Can of Condense Milk P 35.00 2 Packs of Graham Crackers P108.00 1/4 Pack Desiccated ℗ 15.00 Coconut 1 Pack Japanese Paper P5.00
- 9. Economic Lot Size SM (Soriano-Manuel) Bookstore publishes a book about RFBT. SM prints 5,000 copies of the book evenly throughout the year. The set-up cost is P 10 while the optimal production run (economic lot size) is 200. REQUIRED: How much is the unit carrying cost of the book per year?bed Cruse Cleaning offers residential and small office cleaning services. An average cleaning service has the following price and costs. Sales price Variable costs Fixed costs $127.00 per service 89.00 per service 119,548 per year Cruse Cleaning is subject to an income tax rate of 22 percent. Required: a. How many cleaning services must Cruse Cleaning sell in a year to break even? ook b. How many cleaning services must Cruse Cleaning sell in a year to earn an annual operating profit of $32,604 after taxes? a Required sales in a year to break even int rences b. Required sales in a year to earn an annual operating profit of $32,604 after taxes: cleaning services cleaning servicesWhat is Dairy Day's contribution margin ratio? On accounting question
- DogMunabhaiHomeward Hardware buys cat litter for $6 less 20% per baq. The store's overhead is 45% of cost and the owner requires profit of 20% of cost. 1. For how much should the bags be sold? 2. What is the amount of markup included in the selling price? 3. What is the rate of markup based on selling price? 4. What is the rate of markup based on cost? 5. What is the break-even price? 6. What operating profit or loss is made if a bag is sold for $6?
- Grace Co. can further process Product B to produce Product C. Product B is currently selling for $24 per pound and costs $16 per pound to produce. Product C would sell for $39 per pound and would require an additional cost of $9 per pound to produce. What is the differential revenue of producing and selling Product C? a.$23 per pound b.$39 per pound c.$30 per pound d.$15 per poundCurrently, Sweet Treats Bakery sells 1,200 cupcakes per month. The owners would like to increase net income above what is currently earned. Fixed costs are $1,500 per month and their contribution margin is $3 per cupcake. What would be a reasonable net income goal? O $1,800 O $2,600 O $2,100 O $5,600A yogurt company sells its product for S4 per cup. The variable costs to produce each cup add up to $1.50. The company's fixed costs each month are $300,000. What is the unit contribution? S 300, 005.50 $2.50 $5.50 $120,000
