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?
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- Profitability Analysis Razerian makes production for audio. A total of 500 hours in January 2021 is available per month in this operation beause they face COVID 19, so they must decrease their productive hours. Data concerning the company’s four products appear below: Headphone Earbuds Speaker Bluetooth Home theather Monthly demand in units 80 120 100 140 Hours required in operation per unit 0.6 1.8 0.4 2.5 Unit contribution margin $12 $36 $8 $50 Variable Expenses $8 $20 $5 $30 No fixed costs could be avoided by modifying how many units are produced of any product or even by dropping any one of the products. Question: Within this month, calculate the contribution margin and what should Razerian do if they want to get optimum margin?FRANCORP sells two products. Products M N Selling price per unit $80 $60 Less variable expenses per unit $46 $40 Contribution margin per unit $34 $20 Current demand per week (units) 2,100 2,400 Processing time required on machine XYZ per unit 2 min. 1 min. Machine XYZ is a constrained resource and is being used at 100% capacity. Machine XYZ has a capacity of 3,000 minutes per week. Assuming FRANCORP wants to maximize its total contribution margin, how much of each product should it produce? a. 2400 units of N and 300 units of M b. 300 units of N and 2100 units of M c. 1200 units of N and 1050 units of M d. 2400 units of N and 0 units of Mi need the answer quickly
- Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar Pharmaceuticals, Inc., plans to sell 105,000 units of antibiotic at an average price of $24 each in the coming year. Total variable costs equal $856,800. Total fixed costs equal $8,100,000 Required: 1. What is the contribution margin per unit? Round your answer to the nearest cent. $ What is the contribution margin ratio? Round your answer to two decimal places. (Express as a decimal-based answer rather than a whole percent amount.) 2. Calculate the sales revenue needed to break even. Round your answer to the nearest dollar. 3. Calculate the sales revenue needed to achieve a target profit of $240,000. Round your answer to the nearest dollar.Sopot Swim Co. manufactures and sells swimming suits. The foxed costs of operating the company we $100.000 per month and variable costs are $10 per swimming suit. The swimming suits are sold for $20 per unit. The production city is 120.000 caps per month. What is the break-even point in sales dollars? $10. $120,000 $200,000 O $500,000 O $10.000The management of Caribbean Juices has provided you with the following data on its Creamy Brand juice mix. Sales revenue $600,000 Unit selling price $10 Contribution margin ratio 40% Fixed cost $200,000What is the unit variable cost? a. $0.40 b. $4 c. $0.60 d. $6
- Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar Pharmaceuticals, Inc., plans to sell 100,000 units of antibiotic at an average price of $15 each in the coming year. Total variable costs equal $480,000. Total fixed costs equal $8,400,000. 4. What if the average price per unit increased to $16.50? Recalculate the following: a. Contribution margin per unit. Round your answer to the nearest cent. b. Contribution margin ratio. Enter your answer as a decimal value (not a percentage), rounded to four decimal places.fill in the blank 6 c. Sales revenue needed to break even. In your computations, use your rounded answer from part (4-b) above for the contribution margin ratio, and round your final answer to the nearest dollar. d. Sales revenue needed to achieve a target profit of $260,000. In your computations, use your rounded answer from part (4-b) above for the contribution margin ratio, and round your final answer to the nearest dollar.Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar Pharmaceuticals, Inc., plans to sell 135,000 units of antibiotic at an average price of $23 each in the coming year. Total variable costs equal $1,055,700. Total fixed costs equal $7,900,000. Required: 1. What is the contribution margin per unit? Round the answer to the nearest cent.$fill in the blank 1 What is the contribution margin ratio? Round the answer to two decimal places. (Express as a decimal-based answer rather than a whole percent amount.)fill in the blank 2 2. Calculate the sales revenue needed to break even. Round the answer to the nearest dollar.$fill in the blank 3 3. Calculate the sales revenue needed to achieve a target profit of $215,000. Round the answer to the nearest dollar.$fill in the blank 4 4. What if the average price per unit increased to $24.50? Recalculate the following: a. Contribution margin per unit. Round the answer to the nearest cent.$fill in the blank 5 b.…Variable Costs, Contribution Margin, Contribution Margin Ratio Super-Tees Company plans to sell 20,000 T-shirts at $19 each in the coming year. Product costs include: Direct materials per T-shirt $6.65 $1.33 Direct labor per T-shirt Variable overhead per T-shirt $0.57 Total fixed factory overhead $43,000 Variable selling expense is the redemption of a coupon, which averages $0.95 per T-shirt; fixed selling and administrative expenses total $13,000.
- Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for Target Profit Schylar Pharmaceuticals, Inc., plans to sell 145,000 units of antibiotic at an average price of $19 each in the coming year. Total variable costs equal $826,500. Total fixed costs equal $7,900,000. Required: 1. What is the contribution margin per unit? Round your answer to the nearest cent.$______ What is the contribution margin ratio? Round your answer to two decimal places. (Express as a decimal-based answer rather than a whole percent amount.) ________ 2. Calculate the sales revenue needed to break even. Round your answer to the nearest dollar.$_______ 3. Calculate the sales revenue needed to achieve a target profit of $230,000. Round your answer to the nearest dollar. $______ 4. What if the average price per unit increased to $20.50? Recalculate the following: a. Contribution margin per unit. Round your answer to the nearest cent. $______ b. Contribution margin ratio. Enter your answer as a…Naumann Corporation produces and sells a single product. Data concerning that product appear below: Percent of Sales 100% 18% 82% Selling price Variable expenses Contribution margin Per Unit $ 200 36 $164 Fixed expenses are $130,000 per month. The company is currently selling 1,200 units per month. Required: Management is considering using a new component that would increase the unit variable cost by $46. Since the new component would improve the company's product, the marketing manager predicts that monthly sales would increase by 400 units. What should be the overall effect on the company's monthly net operating income of this change if fixed expenses are unaffected? Note: Negative amounts should be indicated by a minus sign. Change in net operating incomeA company that produces and sells a single product has the following characteristics: Selling price Variable expenses Contribution margin Per Unit $220 44 $176 Multiple Choice Percent of Sales 100% 20% 80% The company is currently selling 8,000 units per month. Fixed expenses are $901,000 per month. Management is considering using a new component that would increase the unit variable cost by $10. Since the new component would increase the features of the company's product, the marketing manager predicts that monthly sales would increase by 500 units. What should be the overall effect or the company's monthly net operating income of this change?