Homework Help is Here – Start Your Trial Now!
Business
Accounting
Production and sales volume Sales revenue Variable costs Direct materials Direct labor Variable manufacturing overhead Total variable manufacturing costs Contribution margin Fixed manufacturing costs Net operating income Current (no automation) Proposed (automation) 81,000 units 121,000 units Per Per Unit Total Unit Total $ 93 $ ? $ 93 $ ? $ 18 $ 18 20 ? 11 11 49 ? $ 44 ? $ 48 $ 1,140,000 ? ? $ 2,170,000 ? Required: 1-a. Complete the following table showing the totals. (Enter your answers in whole dollars, not in millions.) Answer is complete and correct. Current (no automation) Proposed (automation) 81,000 units 121,000 units Production and Sales Volume Per Unit Total Per Unit Total Sales revenue $ 93 $ 7,533,000 $ 93 $11,253,000 Variable costs Direct materials $ 18 Direct labor 20 Variable manufacturing overhead 11 Total variable manufacturing costs 49 $ 18 16 11 45

Production and sales volume Sales revenue Variable costs Direct materials Direct labor Variable manufacturing overhead Total variable manufacturing costs Contribution margin Fixed manufacturing costs Net operating income Current (no automation) Proposed (automation) 81,000 units 121,000 units Per Per Unit Total Unit Total $ 93 $ ? $ 93 $ ? $ 18 $ 18 20 ? 11 11 49 ? $ 44 ? $ 48 $ 1,140,000 ? ? $ 2,170,000 ? Required: 1-a. Complete the following table showing the totals. (Enter your answers in whole dollars, not in millions.) Answer is complete and correct. Current (no automation) Proposed (automation) 81,000 units 121,000 units Production and Sales Volume Per Unit Total Per Unit Total Sales revenue $ 93 $ 7,533,000 $ 93 $11,253,000 Variable costs Direct materials $ 18 Direct labor 20 Variable manufacturing overhead 11 Total variable manufacturing costs 49 $ 18 16 11 45

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question
Don't use ai to answer I will report your answer Solve it Asap with explanation and calculation
Production and sales volume Sales revenue Variable costs Direct materials Direct labor Variable manufacturing overhead Total variable manufacturing costs Contribution margin Fixed manufacturing costs Net operating income Current (no automation) Proposed (automation) 81,000 units 121,000 units Per Per Unit Total Unit Total $ 93 $ ? $ 93 $ ? $ 18 $ 18 20 ? 11 11 49 ? $ 44 ? $ 48 $ 1,140,000 ? ? $ 2,170,000 ? Required: 1-a. Complete the following table showing the totals. (Enter your answers in whole dollars, not in millions.) Answer is complete and correct. Current (no automation) Proposed (automation) 81,000 units 121,000 units Production and Sales Volume Per Unit Total Per Unit Total Sales revenue $ 93 $ 7,533,000 $ 93 $11,253,000 Variable costs Direct materials $ 18 Direct labor 20 Variable manufacturing overhead 11 Total variable manufacturing costs 49 $ 18 16 11 45
Transcribed Image Text:Production and sales volume Sales revenue Variable costs Direct materials Direct labor Variable manufacturing overhead Total variable manufacturing costs Contribution margin Fixed manufacturing costs Net operating income Current (no automation) Proposed (automation) 81,000 units 121,000 units Per Per Unit Total Unit Total $ 93 $ ? $ 93 $ ? $ 18 $ 18 20 ? 11 11 49 ? $ 44 ? $ 48 $ 1,140,000 ? ? $ 2,170,000 ? Required: 1-a. Complete the following table showing the totals. (Enter your answers in whole dollars, not in millions.) Answer is complete and correct. Current (no automation) Proposed (automation) 81,000 units 121,000 units Production and Sales Volume Per Unit Total Per Unit Total Sales revenue $ 93 $ 7,533,000 $ 93 $11,253,000 Variable costs Direct materials $ 18 Direct labor 20 Variable manufacturing overhead 11 Total variable manufacturing costs 49 $ 18 16 11 45
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS