Territory and Product Profitability AnalysisCoast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboards are sold in two regions, East Coastand West Coast. Information about the two surfboards is as follows:Atlantic WavePacific PounderSales priceVariable cost of goods sold per unitManufacturing margin per unitVariable selling expense per unitContribution margin per unitThe sales unit volume for the territories and products for the period is as follows:East Coast West Coast3,10001,5501,550Atlantic WaveEast Coast$350(130)$220(157)$63Pacific Pounder$300(147)$153a. Prepare a contribution margin by sales territory report. Compute the contribution margin ratio for each territory as a whole percent, rounded to two decimalplaces, if required.Coast to Coast Surfboards Inc.Contribution Margin by TerritoryWest Coast(87)$66 Pacific Pounder0Contribution margin ratio1,550a. Prepare a contribution margin by sales territory report. Compute the contribution margin ratio for each territory as a whole percent, rounded to two decimalplaces, if required.Coast to Coast Surfboards Inc.Contribution Margin by TerritoryEast CoastWest Coastdatgooodá%b. What advice would you give to the management of Coast to Coast Surfboards regarding the relative profitability of the two territories?The total contribution margin isfor the East Coast, while the contribution margin ratio iscontribution margin ratio but aEast Coast sells only Atlantic Wave, which have aattempting to improve the company's profitability, it isthe variable selling expenses per unit for thefor West Coast. This is becausecontribution margin per unit. Inthat changing the mix of products to the two territories will have much effect. In addition,may be too high.

Cost to cost Surfboards Inc. Contribution Margin By Territory East Coast West Coast A. Sales…

Territory and Product Profitability Analysis Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboards are sold in two regions, East Coas and West Coast. Information about the two surfboards is as follows: Atlantic Wave Pacific Pounder Sales price Variable cost of goods sold per unit Manufacturing margin per unit Variable selling expense per unit Contribution margin per unit The sales unit volume for the territories and products for the period is as follows: East Coast West Coast 3,100 0 Atlantic Wave 1,550 1,550 Pacific Pounder $300 (147) $153 (87) $66 $350 (130) $220 (157) $63 a. Prepare a contribution margin by sales territory report. Compute the contribution margin ratio for each territory as a whole percent, rounded to two decimal places, if required.

Territory and Product Profitability Analysis Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboards are sold in two regions, East Coas and West Coast. Information about the two surfboards is as follows: Atlantic Wave Pacific Pounder Sales price Variable cost of goods sold per unit Manufacturing margin per unit Variable selling expense per unit Contribution margin per unit The sales unit volume for the territories and products for the period is as follows: East Coast West Coast 3,100 0 Atlantic Wave 1,550 1,550 Pacific Pounder $300 (147) $153 (87) $66 $350 (130) $220 (157) $63 a. Prepare a contribution margin by sales territory report. Compute the contribution margin ratio for each territory as a whole percent, rounded to two decimal places, if required.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Required information [The following information applies to the questions displayed below.] Henna Company produces and sells two products, Carvings and Mementos. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 53,000 units of each product. Income statements for each product follow. Sales Variable costs Contribution margin Fixed costs Income 3. Assume that the company expects sales of each product to increase to 67,000 units next year with no change in unit selling price. Prepare a contribution margin income statement for the next year (as shown above with columns for each of the two products). (Round "per unit" answers to 2 decimal places.) Sales Variable cost Contribution margin Fixed costs Income (loss) Mementos $ 863,900 Carvings $ 863,900 604,730 259, 170 116,170 86,390 777,510 634,510 $ 143,000 $ 143,000 HENNA COMPANY Contribution Margin Income Statement Carvings Units 67,000…
HW Interperiod Measurement of Productivity, Profit-Linked Measurement Print Item Helena Company needs to increase its profits and so has embarked on a program to increase its overall productivity. After one year of operation, Kent Olson, manager of the Columbus plant, reported the following results for the base period and its most recent year of operations: Output Power (quantity used) Materials (quantity used) 20x1 20x2 185,700 217,800 18,570 11,100 37,140 47,100 Suppose the following input prices are provided for each year: Unit price (power) Unit price (materials) 20x1 20x2 $4 16 $5 15 6 8 Unit selling price Required: 1. Compute the profit-linked productivity measure. By how much did profits increase due to productivity? If required, round your intermediate calculations and final answers to the nearest dollar amount. 2. Calculate the price-recovery component for 20x2. If required, round your intermediate calculations and final answers to the nearest dollar amount.
Do not give image format
Please help me
Please do not give solution in image format thanku
The Long Term Care Plus Company has two service departments — actuarial and premium rating, and two operations departments — marketing and sales. The distribution of each service department's efforts to the other departments is shown below: FROM TO Actuarial Rating Marketing Sales Actuarial 0 % 10 % 20 % 70 % Rating 20 % 0 % 40.0 % 40.0 % The direct operating costs of the departments (including both variable and fixed costs) were as follows: Actuarial $ 70,000 Premium Rating $ 130,000 Marketing $ 56,000 Sales $ 65,000 The total cost accumulated in the marketing department using the reciprocal method is (calculate all ratios and percentages to 4 decimal places, for example 33.3333%, and round all dollar amounts to the nearest whole dollar): Multiple Choice $131,510. $151,690. $130,714. $171,759. $179,338.
Current Attempt in Progress Some financial information for each of three companies is reflected below in columns A, B, and C. Use your knowledge of CVP relationships to fill in the missing pieces numbered (1) through (9). Consider each company (i.e., column) separately. (Round variable cost per unit and contribution margin ratio to 2 decimal places, e.g. 0.24.) Selling price Total fixed costs Sales volume (units) Variable cost/unit Operating income Tax rate After-tax profit Contribution margin ratio A $6 $13,100 29,000 $40,840 (1) % (2) $28,588 (3) B $800 2,500 $384 25% $684,375 (4) (5) (6) с $389,000 $30.24 $229,240 40% 0.64
Severo S.A. of Sao Paulo, Brazil, is organized into two divisions. The company's contribution format segmented income statement (in terms of the Brazilian currency, the real, R) for last month is given below: Sales Variable expenses Contribution margin Traceable fixed expenses: Advertising Selling and administrative Depreciation Total traceable fixed expenses Divisional segment margin Common fixed expenses Operating income Sales Traceable fixed expenses: Total Company R 3,675,000 1,745,500 1,929,500 Traceable fixed expenses: R Advertising Selling and administrative Depreciation Variable expenses as a percentage of sales Total traceable fixed expenses 634,000 449,000 233,000 1,316,000 Common fixed expenses: Top management can't understand why the Leather Division has such a low segment margin when its sales are only 25% less than sales in the Cloth Division. As one step in isolating the problem, management has directed that the Leather Division be further segmented into product lines.…
s
Activity Base Costing (ABC) Gulf Mining LLC produces three diferent products and sells them in bulk to smaller retailers. It's managers are concerned that the company's profit is not as high as its competitors. They believe they fall in profits could be caused due to the company's uncompetitive selling price(s), for one or more product, and losses on other products. Details of the company's costs and selling prices are as follows; Products Selling Price Direct Costs Labour Direct Material - Aqua (Water) Total Direct Cost Units produced Activities associated with the overheads are: Financial Management Financial Management-1/Aut Face-Pack OMR 90 10 Hand-gel OMR 120 Details Depreciation Purchasing Expenses Direct Material - Aqua (Water) delivery inspection costs Labour hours Currently the company uses the traditional method of allocating indirect overheads but is considering using the ABC method for increasing the accuracy. The company's indirect overheads are as follows: 24 28 200 3000…
Classify costsSeymour Clothing Co. manufactures a variety of clothing types fordistribution to several major retail chains. The following costs areincurred in the production and sale of blue jeans: a. Shipping boxes used to ship ordersb. Consulting fee of $200,000 paid to industry specialist for marketingadvicec. Straight-line depreciation on sewing machines d. Salesperson's salary, $10,000 plus 2% of the total salese. Fabricf. Dye g. Threadh. Salary of designersi. Brass buttons j. Legal fees paid to attorneys in defense of the company in a patentinfringement suit.$50,000 plus 587 per hour k. Insurance premiums on property, plant, and equipment, $70,000 peryear plus $5 per 530,000 of insured value over $8,000,0001. Rental costs of warehouse, $5,000 per month plus $4 per square foot ostorage used m. Suppliesn. Leather for patches identifying the brand on individual pieces ofapparelo. Rent on plant equipment, $50,000 per year p. Salary of production vice presidentq. Janitorial services,…
Please do not give solution in image format thanku à