The following data are for Trendy Fashion Apparel: North South Sales volume (units): Blouses 5,135 4,684 Skirts 3,513 7,682 Sales price per unit: Blouses $24 $15 Skirts $18 $17 Variable cost per unit Blouses $7 $7
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A: Contribution margin percentage = Contribution / Sales * 100 Contribution = Sales - variable expenses
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Q: Contribution Margin by Segment The following data are for Elm Leaf Apparel: East West Sales volume…
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Q: The following data are for Trendy Fashion Apparel: North South Sales volume (units):…
A: Solution a: North South Total Selling price per unit $17.00 $16.00 Variable cost per unit…
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A: The contribution margin is the portion of a company's revenue that exceeds the variable cost of…
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A: Contribution margin=Total sales-Variable costs
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Q: The following data are for Trendy Fashion Apparel: North South Sales volume (units):…
A: Contribution margin per unit = Sales price per unit - Variable cost per unit Total Contribution…
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A: MARGINAL COSTING INCOME STATEMENTMarginal Costing Income Statement is One of the Important Cost…
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A: Contribution margin: The difference between the sales and the variable costs is called contribution…
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A: Contribution margin ratio = Contribution/ total sales Contribution= Sales - Variable cost
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A: The contribution margin is computed as the selling price per unit, minus the variable cost per unit.
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- Blossom Decor sells home decor items through three distribution channels-retail stores, the Internet, and catalog sales. Each distribution channel is evaluated as an investment center. Selected results from the latest year are as follows: Sales revenue Variable expenses Direct fixed expenses Average assets Required rate of return (a) Retail Online Catalog $ $ Retail Stores Internet $ $10,120,000 4,070,000 4,570,000 8,070,000 12% $4,070,000 Residual Income. 1,620,000 1,120,000 4,070,000 12% Calculate the current residual income for each distribution channel. (If the residual income is a loss then enter with a negative sign preceding the number, e.g. -5,125 or parenthesis, e.g. (5,125).) Catalog Sales $3,400,000 1,920,000 1,320,000 1,610,000 12%Salespersons' Report and Analysis Walthman Industries Inc. employs seven salespersons to sell and distribute its product throughout the state. Data taken from reports received from the salespersons during the year ended December 31 are as follows: Salesperson Total Sales Variable Cost of Goods Sold Variable Selling Expenses Case $514,000 $246,720 $92,520 Dix 380,000 148,200 68,400 Johnson 455,000 209,300 86,450 LaFave 531,000 297,360 106,200 226,800 88,200 Orcas 630,000 219,520 89,600 Sussman 448,000 355,000 198,800 006 Willbond Required:Contribution Margin by Segment The following data are for Cabin Craft Apparel: East West Sales volume (units): Product XX 9,300 10,000 Product YY 6,100 12,900 Sales price: Product XX $18 $20 Product YY $23 $22 Variable cost per unit: Product XX $11 $11 Product YY $14 $14 a. Determine the contribution margin for Product YY.$fill in the blank 1 b. Determine the contribution margin for the West Region.$fill in the blank 2
- Calculate the Return on Investment from the following responsibility report data using total revenue as the base: Account Revenues Clothing revenue Clothing accessories revenue Expenses Associates wages Managers wages Cost of clothing sold Cost of accessories sold Equipment/foxture repairs Responsibility report data Actual $419,769 17,492 $48,641 29,410 262,242 6,372 786 1,575 Utilities Be sure to enter the answer as a percentage but do not include the % sign. Round to two decimal places.According to the producer price index database maintained by the Bureau of Labor Statistics, the average cost of computer equipment fell 3.8 percent between January and December 2018. Let's see whether these changes are reflected in the income statement of Wizard Computers for the year ended December 31, 2018. 2018 2017 Sales Revenue $ 118,000 $ 147,000 Cost of Goods Sold 69,000 78,700 Gross Profit 49,000 68,300 Selling, General, and Administrative Expenses 37,800 40,600 Interest Expense 680 565 Income before Income Tax Expense 10,520 27,135 Income Tax Expense 2,500 6,800 Net Income $ 8,020 $ 20,335 Required: Compute the times interest earned ratios for 2018 and 2017. Does Wizard generate sufficient net income in both years (before taxes and interest) to cover the cost of debt financing? yes or noSalespersons' Report and Analysis Walthman Industries Inc. employs seven salespersons to sell and distribute its product throughout the state. Data taken from reports received from the salespersons during the year ended December 31 are as follows: Salesperson Total Sales Variable Cost of Goods Sold Variable Selling Expenses Case $612,000 $336,600 $85,680 Dix 384,000 215,040 84,480 Johnson 461,000 225,890 101,420 LaFave 460,000 147,200 101,200 Orcas 399,000 131,670 51,870 Sussman 427,000 217,770 59,780 Willbond 439,000 184,380 70,240 Required: 1. Prepare a table indicating contribution margin, variable cost of goods sold as a percent of sales, variable selling expenses as a percent of sales, and contribution margin ratio by salesperson. Round percents to the nearest whole number. Enter all amounts as positive numbers. Waltham Industries Inc.Salespersons' AnalysisFor the Year Ended December…
- Salespersons' Report and Analysis Walthman Industries Inc. employs seven salespersons to sell and distribute its product throughout the state. Data taken from reports received from the salespersons during the year ended December 31 are as follows: Salesperson Total Sales Variable Cost of Goods Sold Variable Selling Expenses Case $432,000 $211,680 $86,400 Dix 347,000 166,560 72,870 Johnson 564,000 293,280 101,520 LaFave 611,000 293,280 85,540 Orcas 588,000 199,920 76,440 Sussman 437,000 214,130 74,290 Willbond 525,000 252,000 73,500 Required: 1. Prepare a table indicating contribution margin, variable cost of goods sold as a percent of sales, variable selling expenses as a percent of sales, and contribution margin ratio by salesperson. Round percents to the nearest whole number. Enter all amounts as positive numbers. Waltham Industries Inc. Salespersons' Analysis For the Year Ended…Dress Designers, Inc., a clothing retailer, had the following total costs categorized by the value chain concept: Research and development Design Purchases Marketing Distribution Customer service What were the company's period costs? OA. $207,500 B. $101,000 C. $136,700 D. $279,700 $53,000 $17,800 $72,200 $42,300 $58,700 $35,700 ...Diff Analysis & Product Pricing:
- Consider the following information: Retail price per unit: Wholesale price per unit: Manufacturer's price per unit: Manufacturer's variable cost: Retailer's fixed costs per quarter: Wholesaler's fixed costs per quarter: Manufacturer's fixed costs per quarter: Retailer's unit sales this quarter: Wholesaler's unit sales this quarter: Manufacturer's unit sales this quarter: $150 O $90.91 O $111.12 O $72.50 O $145.46 $80 $50 $35 $75,000 $1,750,000 $2,500,000 1,800 80,000 160,000 If the wholesaler wants his margin to be 45%, but doesn't believe he can convince the manufacturer to lower her price below $50, what price does the wholesaler need to charge the retailer? O SearchSalespersons' Report and Analysis Walthman Industries Inc. employs seven salespersons to sell and distribute its product throughout the state. Data taken from reports received from the salespersons during the year ended December 31 are as follows: Salesperson Total Sales Variable Cost of Goods Sold Variable Selling Expenses $115,940 135,000 279,790 236,340 283,040 282,150 264,150 Case Dix Johnson LaFave Orcas Sussman Willbond Required: 1. Prepare a table indicating contribution margin, variable cost of goods sold as a percent of sales, variable selling expenses as a percent of sales, and contribution margin ratio by salesperson. Round percents to the nearest whole number. Enter all amounts as positive numbers. Salesperson Contribution Margin Case Dix Johnson LaFave Orcas $341,000 375,000 571,000 606,000 488,000 627,000 587,000 Sussman Willbond $ $51,150 75,000 108,490 84,840 78,080 112,860 105,660 Waltham Industries Inc. Salespersons' Analysis For the Year Ended December 31 Variable…