righ real rubber, synthetic rubber, carbon black, oils pus blend of rubber for making tires (rubber produc or exceed the quality of blend now achieved manua after-tax MARR is 10%.
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- Contribution Margin, Break-Even Units, Contribution Margin Income Statement, Margin of Safety Cheetah Company manufactures custom-designed skins (covers) for iPods® and other portable MP3 devices. Variable costs are $11.20 per custom skin, the price is $16, and fixed costs are $105,600. Required: 1. What is the contribution margin for one custom skin? Round your answer to the nearest cent. 105,588 X per custom skin Accounting numeric field custom skins 2. How mal 3. If Cheetah Company sells 23,000 custom skins, what is the operating income? heetah Company sell to break even? 4. Calculate the margin of safety in units and in sales revenue if 23,000 custom skins are sold. Margin of safety in units Margin of safety in sales revenue Feedback Check My Work units 1. Calculate contribution margin per unit (Price - Variable cost).Question Content Area Carmen Co. can further process Product J to produce Product D. Product J is currently selling for $23.95 per pound and costs $16.00 per pound to produce. Product D would sell for $36.45 per pound and would require an additional cost of $9.00 per pound to produce. The differential cost of producing Product D is?Contribution Margin, Break-Even Units, Contribution Margin Income Statement, Margin of Safety Cheetah Company manufactures custom-designed skins (covers) for iPods® and other portable MP3 devices. Variable costs are $11.70 per custom skin, the price is $18, and fixed costs are $152,460. Required: 1. What is the contribution margin for one custom skin? Round your answer to the nearest cent. per custom skin 2. How many custom skins must Cheetah Company sell to break even? custom skins 3. If Cheetah Company sells 25,000 custom skins, what is the operating income? 4. Calculate the margin of safety in units and in sales revenue if 25,000 custom skins are sold. = Margin of safety in units Margin of safety in sales revenue units
- Seascape Company has two products: Product A has a contribution margin per unit of$20and Product B has a contribution margin of $22 per unit. Required: Calculate the weighted-average unit contribution margin if Seascape has a35%/65% (Product A/Product B) product mix. Note: Round your answer to 2 decimal places.Process or Sell Product J19 is produced for $3.36 per gallon. Product J19 can be sold without additional processing for $4.12 per gallon, or processed further into Product R33 at an additional cost of $0.37 per gallon. Product R33 can be sold for $4.44 per gallon. a. Prepare a differential analysis dated April 30 on whether to sell Product J19 (Alternative 1) or process further into Product R33 (Alternative 2). Round your answers to the nearest cent. If required, use a minus sign to indicate loss. Differential Analysis Sell Product J19 (Alt. 1) or Process Further into Product R33 (Alt. 2) April 30 Process Sell Differential Further into Product J19 Effects Product R33 (Alternative 1) (Alternative 2) (Alternative 2) Revenues, per unit $ Costs, per unit Profit (loss), per unit $ $ b. Should Product J19 be sold (Alternative 1) or processed further into Product R33 (Alternative 2)?PROBLEM 3 Present your answer as 1000 FAVORABLE OR 1000 UNFAVORABLE if applicable. MARINA Bottlers Inc, a leading softdrinks company is producing their bottle requirements. For each case of 24 eight-ounce bottles, the company prescribed the following standard product mix: Material A @ 2.4 lb,P50/lbs;Material B @ 6 lb,P22/lbs and Material C @ 1.6 lbs, P15/lb. During the month of August, 25,000 cases were produced from an input of: Material Pounds Cost/lb A 63,700 49.00 B 125,200 20.50 C 48,100 16.00 1. COMPUTE FOR THE MATERIALS MIX VARIANCE. 2. COMPUTE FOR THE MATERIALS YIELD VARIANCE.
- Edgewater Enterprises manufactures two products. Information follows: Product A Product B Sales price $ 12.00 $ 15.25 Variable cost per unit $ 6.20 $ 6.90 Product mix 30% 70% M6-17 [LO 6-6] es Required: Calculate Edgewater's weighted-average contribution margin per unit. Note: Round your intermediate calculations and final answer to 2 decimal places. Weighted average CM per unitExercise 11-41 (Algo) Net Realizable Value Method: Multiple Choice (LO 11-7) Oak View Chemicals produces two main products, M-10 and M-20, and one by-product, B-60, from a single input, Chem-X. Products M-10 and M-20 can either be sold at split-off or processed further and sold. A given batch begins with 1,140 gallons of Chem-X with a cost of $102,600. Additional information regarding a batch follows. If Processed Further Product Units Produced Unit Sales Value at Split-off Additional Costs (Per Unit) Sales Value (Per Unit) M-10 25,080 $ 5.00 $ 2.00 $ 6.00 M-20 15,960 $ 10.00 $ 4.00 $ 16.00 B-60 5,700 $ 0.50 NA NA Oak View Chemicals uses the net realizable at split-off approach to allocate joint costs and treats the sales value of the by-product B-60 as other income. Required: The joint cost allocated to product M-10 at Oak View Chemicals for a given batch is Multiple Choice $62,700 $45,144 $43,890…4. Anticipated sales for Safety Grip Company were 42,000 passenger car tires and 19,000 truck tires. Rubber and steel belts are used in producing passenger car and truck tires as follows: Material Rubber Steel Passenger Car 36 lbs. per unit 4 lbs. per unit Truck 77 lbs. per unit 8 lbs. per unit The purchase prices of rubber and steel are $1.30 and $0.95 per pound, respectively. The de- sired ending inventories of rubber and steel belts are 40,000 and 10,000 pounds, respectively. The estimated beginning inventories for rubber and steel belts are 46,000 and 8,000 pounds, respectively. Prepare a direct materials purchases budget for Safety Grip Company for the year ended December 31, 2020.
- Al Maha Co. produces 1,200 units of petroleum with direct materials costs of RO 32,000, Direct Labor costs of RO 12,000, Variable Overhead costs of RO 25,000 and Fixed Overhead costs of RO 22,000. Omanoil Co. offers to produce the units of petroleum at RO 72 per unit. (Make or Buy Decision) The cost to buy the petroleum is: Select one: O a. 12,0000 O b. 69,000 O . 80,000 O d. None of the answers are correct O e. 86,400Comprehensive; multiproductNature’s Own makes three types of wood flooring: Oak, Hickory, and Cherry. The company’s tax rate is 40 percent. The following costs are expected for the year: Oak Hickory Cherry Variable cost (on a per-square-yard basis) Direct material $10.40 $6.50 $17.60 Direct labor 3.60 0.80 12.80 Production overhead 2.00 0.30 3.50 Selling expense 1.00 0.50 4.00 Administrative expense 0.40 0.20 0.60 Fixed overhead $912,000 Fixed selling expense 288,000 Fixed administrative expense 240,000 Per-square-yard expected selling prices are as follows: Oak, $32.80; Hickory, $16.00; and Cherry, $50.00. The expected sales mix is as follows: Oak Hickory Cherry Square yards 10,800 86,400 7,200 d. If the company wants to earn an after-tax profit of $816,000, determine the revenue needed using the contribution margin percentage approach.Note: Round CM% to the nearest tenth of a percent and your final…Homework, Chapter 25 Process or Sell Product J19 is produced for $3.42 per gallon. Product J19 can be sold without additional processing for $4.10 per gallon, or processed further into Product R33 at an additional cost of $0.48 per gallon. Product R33 can be sold for $4.54 per gallon. a. Prepare a differential analysis dated April 30 on whether to sellI Product J19 (Alternative 1) or process further into Product R33 (Alternative 2). Round your answers to the nearest cent. If required, use a minus sign to indicate a loss. Differential Analysis Sell Product J19 (Alt. 1) or Process Further into Product R33 (Alt. 2) April 30 Process Sell Differential Further into Product J19 Effects Product R33 (Alternative 1) (Alternative 2) (Alternative 2) Revenues, per unit $ Costs, per unit Profit (loss), per unit b. Should Product J19 be sold (Alternative 1) or processed further into Product R33 (Alternative 2)?