Product per Unit per Unit Snowboards $330 $180 Skis $400 $210 Poles $40 $20
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- Oriental Furnitures makes three types of quality wooden furniture. Information for these three products are shown below: A1 A2 A3 Total Selling price per unit $200 $500 $1 000 Variable cost per unit $60 $250 $600 Expected unit sales (annual) 15,000 7,000 2,000 24,000 Sales mix 60 percent 30 percent 10 percent 100 percent Total annual fixed costs are $4,000,000. Assume the sales mix remains the same at all levels of sales. Required: SHOW YOUR WORKINGS FOR ALL SECTIONS Suggest two ways Oriental Furnitures can improve its margin of safety?Question 7 EDP Enterprises sells mobile accessories for $120 per unit. It is noted that the firm's variable cost per unit is $35 for direct materials, $25 per unit for direct labor, and $13 per unit for overhead. The fixed production overhead per year is $35,200 and the fixed selling & administrative overhead is $43,299. If the owner wants to earn an income before tax of $65,722-h how many units must be sold to achieve such target? Assume that income tax rate is at 30%.Sh2
- Assignment Get Homework He Saved Lincoln, Inc, which uses a volume-based cost system, produces cat condos that sell for $170 each, Direct materials cost $21 per unit, and direcd labor costs $17 per unit. Manufacturing overhead is applled at a rate of 200% of direct labor cost. Nonmanufacturing costs are $28 per unt What is the gross profit margln for the cat condos? (Round your Intermedlate calculatlons to nearest whole dollar.) Multiple Cholce 58.8% 57.6% 41.3% 41.2%HelpHelp
- Homework i 5 A Radar Company sells bikes for $540 each. The company currently sells 4,400 bikes per year and could make as many as 4,750 bikes per year. The bikes cost $250 each to make: $160 in variable costs per bike and $90 of fixed costs per bike. Radar receives an offer from a potential customer who wants to buy 350 bikes for $510 each. Incremental fixed costs to make this order are $90 per bike. No other costs will change if this order is accepted. (a) Compute the income for the special offer. (b) Should Radar accept this offer? (a) Special offer analysis O Contribution margin Income (b) The company should :: FI @ 2 W S F2 # 3 E Per Unit 80 F3 MAR 29 $ 4 R Total a F4 % 5 Autoch U 8 DII FB 1 1 alı ( DD 9 F9 ) O A F10 H J K LSmoky Mountain Corporation makes two types of hiking boots—the Xtreme and the Pathfinder. Data concerning these two product lines appear below: Xtreme Pathfinder Selling price per unit $ 132.00 $ 94.00 Direct materials per unit $ 64.60 $ 53.00 Direct labor per unit $ 9.60 $ 8.00 Direct labor-hours per unit 1.2 DLHs 1.0 DLHs Estimated annual production and sales 24,000 units 70,000 units The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below: Estimated total manufacturing overhead $ 2,470,000 Estimated total direct labor-hours 98,800 DLHs Required: 1. Compute the product margins for the Xtreme and the Pathfinder products under the company’s traditional costing system. 2. The company is considering replacing its traditional costing system with an…Oriental Furnitures makes three types of quality wooden furniture. Information for these three products are shown below: A1 A2 A3 Total Selling price per unit $200 $500 $1 000 Variable cost per unit $60 $250 $600 Expected unit sales (annual) 15,000 7,000 2,000 24,000 Sales mix 60 percent 30 percent 10 percent 100 percent Total annual fixed costs are $4,000,000. Assume the sales mix remains the same at all levels of sales. Required: SHOW YOUR WORKINGS FOR ALL SECTIONS How many units of each furniture type must be sold to break even?
- Required _ what is the average cost per tractor.....Selling price per unit Variable cost per unit Board feet per unit Monthly demand Chairs $80 $30 2 600 Tables $400 $200 a. 500 chairs and 100 tables b. 600 chairs and 80 tables c. 500 chairs and 80 tables d. 600 chairs and 100 tables 10 100 The company's supplier of hardwood will only be able to supply 2,000 board feet this month. What plan would maximize profits?im.8