Waterways has a sales mix of sprinklers, valves, and controllers as follows. Annual expected sales Sale of sprinklers Sale of valves Sale of controllers 493,920 units at $26.00 1.522.920 units at $11.00 41,160 units at $42.00 Unit variable manufacturing costs Sprinklers Valves Controllers Fixed manufacturing overhead cost (total) Valves $14.00 18.00 $30.00 Unit variable selling and administrative expense for Sprinklers Controllers Fixed selling and administrative expenses (total) $713,000 $1.00 $1.00 $3.00 $1.584,920
Waterways has a sales mix of sprinklers, valves, and controllers as follows. Annual expected sales Sale of sprinklers Sale of valves Sale of controllers 493,920 units at $26.00 1.522.920 units at $11.00 41,160 units at $42.00 Unit variable manufacturing costs Sprinklers Valves Controllers Fixed manufacturing overhead cost (total) Valves $14.00 18.00 $30.00 Unit variable selling and administrative expense for Sprinklers Controllers Fixed selling and administrative expenses (total) $713,000 $1.00 $1.00 $3.00 $1.584,920
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Please do not give solution in image format thanku
Transcribed Image Text:B
Waterways has a sales mix of sprinklers, valves, and controllers as follows
Annual expected sales
Sale of sprinklers
Sale of valves
Sale of controllers
Unit variable manufacturing costs:
Sprinklers
493,920 units at $26.00
1.522.920 units at $11.00
41.160 units at $42.00
Valves
Controllers
Fixed manufacturing overhead cost (total)
$14.00
$8.00
$30.00
Unit variable selling and administrative expense for
Sprinklers
Valves
Controllers
Fixed selling and administrative expenses (total)
$713,000
$1.00
$1.00
$3.00
$1.584,920
Transcribed Image Text:(b)
Using the annual expected sales for these products, determine the weighted average unit contribution margin for these three
products (Round answer to 2 decimal places 5.25)
Weighted Average Unit Contribution Margin $
Save for Later
Attempts: unlimited Submit Answer
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education