Selling price Variable cost per unit Total units produced Machine-hours required to produce one unit Total machine hour available 55 Coffee machine $ $ 8,000.00 $ 5,600.00 $ 180 What is the contribution margin for total machine hours? Coffee machine $1,008,000.00 ;Coffee bean grinder $1,224,000.00 Coffee machine $1,440,000.00 ;Coffee bean grinder $1,620,000.00 Coffee machine $432,000.00 ;Coffee bean grinder $1,224,000.00 Coffee bean grinder 9,000.00 6,800.00 2 1000

Selling price Variable cost per unit Total units produced Machine-hours required to produce one unit Total machine hour available 55 Coffee machine $ $ 8,000.00 $ 5,600.00 $ 180 What is the contribution margin for total machine hours? Coffee machine $1,008,000.00 ;Coffee bean grinder $1,224,000.00 Coffee machine $1,440,000.00 ;Coffee bean grinder $1,620,000.00 Coffee machine $432,000.00 ;Coffee bean grinder $1,224,000.00 Coffee bean grinder 9,000.00 6,800.00 2 1000

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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7 Pepper Corp. produces three products, and currently has a shortage of machine hours since one of its two machines is down. The seling o m and mechine time requirements of the three products are as follows: Selling price Variable cost per unit Product A PIoduct B Product C $5.00 $3.00 $5.00 Machine hours per unit $3.50 $2.00 $2.00 0.75 0.25 1. in whet order should Pepper Corp. prioritize production of its products to maximize profit while the machine is down? Multiple Choice A, B, C CAB Next> BCA
K A.C. Tech Manufacturing Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product information is provided below. Small Medium Large Unit selling price $440 $630 $1,240 Unit costs: Variable manufacturing (270) (290) (540) Fixed manufacturing (40) (140) (240) Fixed selling and administrative (90) (105) (140) Unit profit $40 $95 $320 Demand in units 110 130 110 Machine-hours per unit 40 40 110 O A. small appliance OB. medium appliance OC. large appliance OD. both medium and large appliance
Aurum Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product information is provided below. Unit selling price Unit costs: Small Medium Demand in units Machine-hours per unit $400 $600 Variable manufacturing Fixed manufacturing Fixed selling and administrative (60) (75) Unit profit $ 40 $ 115 (220) (280) (80) (130) 100 120 20 40 Large $1,200 (500) (240) (120) $340 100 100 The maximum machine-hours available are 6,000 per week. What is the contribution margin per machine-hour for a medium appliance? Select one: a. $6.13 b. $1.15 c. $2.34 d. $4.90
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Unit-level costs Fixed costs Total cost (a) Markup (a x 0.25) $276,000 60,000 336,000 84,000 Total sales (b) $420,000 Sales price per unit (b +12,000) $ 35 Required a. Gibson has excess capacity and receives a special order for 7,000 clocks for $28 each. Calculate the contribution margin per unit. Based on this, should Gibson accept the special order? b. Prepare a contribution margin income statement for the special order. Complete this question by entering your answers in the tabs below. Required A Required B Gibson has excess capacity and receives a special order for 7,000 clocks for $28 each. Calculate the contribution margin per unit. Based on this, should Gibson accept the special order? Contribution margin per unit Should Gibson accept the special order? 13
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%
Please do not give solution in image format thanku
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1. Motor Division makes a motor that it sells to customers outside of the company. Data concerning this motor appear below: Selling Price to Outside Customers Variable Cost per Unit Total Fixed Costs Capacity in Units $ 250 180 $10,000 30,000 $ Consumer Division of the same company would like to use the motor manufactured by Motor Division in one of its products. Consumer Division currently purchases the part made by an outside company for $225 per unit. Consumer Division requires 3,000 units of the motor each period. Motor Division is currently selling 30,000 units to outside customers. If Motor Division sells to Consumer Division rather than to outside customers, the variable cost per unit would be $5 lower. What should be the lowest acceptable transfer price from the perspective of the Motor Division? A) B) C) D) E) $250. $175 $245. $180. $225
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