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
Am. 307.
Complete the product mix analysis to determine the contribution margin per machine hour. Containers Plus Product Mix Analysis Regular Large Sales price per unit Variable cost per unit Contribution margin per unit Units per machine hour Contribution margin per machine hour Which product should Containers Plus emphasize? Why? Containers Plus should emphasize the production of V because this product has the higher Requirement 2. To maximize profits, how many of each size bin should Containers Plus produce? (Enter a "0" for any zero amounts.) Containers Plus should spend machine hours making regular size bins, and machine hours making large size bins. Requirement 3. Given this product mix, what will the company's operating income be? Number of regular size bins per period Contribution margin per regular size bin Total contribution margin Fixed costs Operating income
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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
MERSİN ÜNIVERSIT.. $250,000 $136,364 O Perry Company's break-even point is 20,000 units. Its product sells for $25 and has a $10 variable cost per unit. What is the company's total fixed cost ?amount $180,000 O Fixed costs cannot be computed with the information provided. O $120,000 O $200,000 O $300,000 إرسال Google A -, Mersin Universitesi Ja-y t Coogle hp HEWLE TT-PAC KARD
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%
Gallery Corporation makes two products, footballs and baseballs. Additional information follows: Footballs Baseballs Units 2,000 2,500 Sales $60,000 $25,000 Variable costs 24,000 13,750 Fixed costs 10,000 5,250 Net income $26,000 $6,000 Yards of leather per unit 1.25 0.30 Profit per unit $13.00 $2.40 Contribution margin per unit $18.00 $4.50 Assume that Gallery is able to order an additional 2,500 yards of leather and wishes to maximize its income. Of the additional units it produces, at least 500 of each product are necessary for sales.How many units of each must be produced?
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