A company produces three products, and is currently facing a labor shortage; only 4,300 hours are available this month. The sellingprices, costs, labor requirements, and demand for the three products are as follows:Sales priceVariable cost per unitDirect labor hours perunitDemand (units)Product A$ 70.00$ 51.001.71,700Product B$40.00$ 19.002.81,500Required:a. In what order should the company prioritize production of the products?Product C$49.00$ 45.002.11,700 Complete this question by entering your answers in the tabs below.Required A Required B Required CIn what order should the company prioritize production of the products?Required

The contribution margin per scarce resource is determined to find the optimal mix of production. The…

Answered: Sales price Variable cost per unit…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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If fixed costs are $1,239,000, the unit selling price is $236, and the unit variable costs are $106, the amount of sales (units) required to realize an operating income of $195,000 is Oa. 5,250 units Ob. 11,689 units Oc. 1,840 units Od. 11,031 units
Question Content Area Reynold's Company has a product with fixed costs of $350,000, a unit selling price of $29, and unit variable costs of $20. The break-even sales (units) if the variable costs are decreased by $4 is a.26,923 units b.12,069 units c.21,875 units d.38,889 units
* 00 5 LL Pedregon Coporation has provided the following information: Cost per Cost per Unit $6.70 $3.80 $1.50 Period Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $15,200 Sales commissions Variable administrative expense Fixed selling and administrative expense $0.75 If the selling price is $20.80 per unit, the contribution margin per unit sold is closest to: Multiple Cholce O $3.55 $5.00 O $7.35 $10.30 pe here to search |直。 F4 F5 F7 81 F11 てい %23 % 24 8.
3
Selling price per unit $ 100Variable expenses per unit $ 40Fixed expenses per month $ 60,000 The contribution margin ratio is: a. 40% b. 60% c. 62.5% d. 70%
Please show work Quickly question 7 and 8 I humble request sir please without plagiarism please
Kirby Fasteners supplies the electronics industry with accessories for cases, disc enclosures, and so on. Below are the costs and volumes for the past six months at its Plant number 6: Kirby Fasteners Plant Number 6 January to June Results Volume (Units) 11,100 10,040 13,370 13,900 11,900 11,680 Required: a. Use the high-low method to estimate the monthly fixed cost of production and the variable cost of production per unit. b. Kirby analysts forecast a production level of 12,100 units in July. Based on the results from requirement (a), what would be the estimated production costs in July? Total Cost $ 196,900 187,795 222,400 235,080 214,555 211, 212 Complete this question by entering your answers in the tabs below. Required A Variable cost Fixed cost Required B Use the high-low method to estimate the monthly fixed cost of production and the variable cost of production per unit. (Round "Variable cost" answer to 2 decimal places.)
If fixed costs are $1,429,000, the unit selling price is $238, and the unit variable costs are $100, what is the amount of sales required to realize an operating income of $244,000? Oa. 14,290 units Ob. 2,440 units Oc. 6,004 units Od. 12,123 units
Determine the missing amounts. Unit Selling Price $640 $300 (e) Unit Variable Costs $352 (c) (f) Unit Contribution Margin (a) $93 $325 Contribution Margin Ratio (b) (d) 25%
A 1 Original Data: 2 3 4 5 6 7 8 9 10 11 12 Part 1 13 14 15 16 Estimated MOH Estimated DLHS 28 29 B Selling price per unit Direct materials per unit Direct labour per unit Direct labour-hours per unit Estimated annual productio POR: 17 18 Sales 19 Less product costs 20 21 22 23 Total product costs 24 Product margin Direct materials Direct labour Manufacturing overhead 25 Units produced and sold: 26 Product margin per unit 27 $1,350,000 112,500 High Grade $212.50 $83.50 $30.00 1.00 75,000 High Grade D Professional $387.00 $212.00 $45.00 1.50 25,000 per DLHs Professional Total
Contribution Margin by Segment The following information is for La Planche Industries Inc.: East West Sales volume (units): Product XX 45,000 38,000 Product YY 60,000 50,000 Sales price: Product XX $700 $660 Product YY $728 $720 Variable cost per unit: Product XX $336 $336 Product YY $360 $360 a. Determine the contribution margin for the Product YY. b. Determine the contribution margin for the West Region.
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Sales price Variable cost per unit Direct labor hours per unit Demand (units) Required: Product A $ 70.00 $ 51.00 1.7 1,700 Product B $ 40.00 $19.00 2.8 1,500 Product C $49.00 $ 45.00 2.1 1,700