Weighted Average contribution margin: The weighted average contribution margin is calculated for two or more products sharing a common fixed cost. The formula to calculate the Weighted Average contribution margin per unit is as follows: Weighted average contribution margin per unit= ( Contribution Margin of individual &#x00A0;weight of individual ) + ( Contribution Margin of Family &#x00A0;weight of family ) Breakeven Point for two products: The Breakeven point is the level of sales at which the net profit is nil. It can be explained as a situation where the business is generating a sale that is equal to the expenses incurred and hence no profits no loss. Breakeven point for two or more products in units is calculated with the help of following formula: Breakeven point ( units ) = Total Fixed Costs Weighted Average Contribution Margin Per Unit 1. Weighted average contribution margin per unit: To determine: The Weighted average contribution margin per unit

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Answer 1

Question

Chapter 21, Problem S21.17SE

To determine

Weighted Average contribution margin:

The weighted average contribution margin is calculated for two or more products sharing a common fixed cost. The formula to calculate the Weighted Average contribution margin per unit is as follows:

$\begin{array}{l} Weighted average contribution margin per unit= (Contribution Margin of individual  weight of individual) + \\ (Contribution Margin of Family  weight of family) \end{array}$

Breakeven Point for two products:

The Breakeven point is the level of sales at which the net profit is nil. It can be explained as a situation where the business is generating a sale that is equal to the expenses incurred and hence no profits no loss. Breakeven point for two or more products in units is calculated with the help of following formula:

$Breakeven point (units) = \frac{Total Fixed Costs}{Weighted Average Contribution Margin Per Unit}$

1. Weighted average contribution margin per unit:

To determine:

The Weighted average contribution margin per unit

To determine

2. Breakeven units:

To determine:

The total number of units of sales to breakeven

To determine

3. Breakeven units for each product:

To determine:

The total number of units of sales for each product separately

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Chapter 15 Homework 13 Saved Help Save & Exit Submit Part 1 of 2 0.83 points eBook Ask Required information Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,800 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 49,000 24,400 73,400 9,420 $ 82,820 c. Time tickets show the following labor used for the month. Print References Job 201 $ 40,000 Job 202 13,400 Total direct labor 53,400 25,000 $ 78,400 Indirect labor Total labor used d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. Sold Job 201 for $166,160 on credit. g. Incurred the following actual other…

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Answer 2

Question

Chapter 21, Problem S21.17SE

To determine

Weighted Average contribution margin:

The weighted average contribution margin is calculated for two or more products sharing a common fixed cost. The formula to calculate the Weighted Average contribution margin per unit is as follows:

$\begin{array}{l} Weighted average contribution margin per unit= (Contribution Margin of individual  weight of individual) + \\ (Contribution Margin of Family  weight of family) \end{array}$

Breakeven Point for two products:

The Breakeven point is the level of sales at which the net profit is nil. It can be explained as a situation where the business is generating a sale that is equal to the expenses incurred and hence no profits no loss. Breakeven point for two or more products in units is calculated with the help of following formula:

$Breakeven point (units) = \frac{Total Fixed Costs}{Weighted Average Contribution Margin Per Unit}$

1. Weighted average contribution margin per unit:

To determine:

The Weighted average contribution margin per unit

To determine

2. Breakeven units:

To determine:

The total number of units of sales to breakeven

To determine

3. Breakeven units for each product:

To determine:

The total number of units of sales for each product separately

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 21, Problem S21.17SE

To determine

Weighted Average contribution margin:

The weighted average contribution margin is calculated for two or more products sharing a common fixed cost. The formula to calculate the Weighted Average contribution margin per unit is as follows:

$\begin{array}{l} Weighted average contribution margin per unit= (Contribution Margin of individual  weight of individual) + \\ (Contribution Margin of Family  weight of family) \end{array}$

Breakeven Point for two products:

The Breakeven point is the level of sales at which the net profit is nil. It can be explained as a situation where the business is generating a sale that is equal to the expenses incurred and hence no profits no loss. Breakeven point for two or more products in units is calculated with the help of following formula:

$Breakeven point (units) = \frac{Total Fixed Costs}{Weighted Average Contribution Margin Per Unit}$

1. Weighted average contribution margin per unit:

To determine:

The Weighted average contribution margin per unit

To determine

2. Breakeven units:

To determine:

The total number of units of sales to breakeven

To determine

3. Breakeven units for each product:

To determine:

The total number of units of sales for each product separately

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 21, Problem S21.17SE

To determine

Weighted Average contribution margin:

The weighted average contribution margin is calculated for two or more products sharing a common fixed cost. The formula to calculate the Weighted Average contribution margin per unit is as follows:

$\begin{array}{l} Weighted average contribution margin per unit= (Contribution Margin of individual  weight of individual) + \\ (Contribution Margin of Family  weight of family) \end{array}$

Breakeven Point for two products:

The Breakeven point is the level of sales at which the net profit is nil. It can be explained as a situation where the business is generating a sale that is equal to the expenses incurred and hence no profits no loss. Breakeven point for two or more products in units is calculated with the help of following formula:

$Breakeven point (units) = \frac{Total Fixed Costs}{Weighted Average Contribution Margin Per Unit}$

1. Weighted average contribution margin per unit:

To determine:

The Weighted average contribution margin per unit

To determine

2. Breakeven units:

To determine:

The total number of units of sales to breakeven

To determine

3. Breakeven units for each product:

To determine:

The total number of units of sales for each product separately

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 21, Problem S21.17SE

To determine

Weighted Average contribution margin:

The weighted average contribution margin is calculated for two or more products sharing a common fixed cost. The formula to calculate the Weighted Average contribution margin per unit is as follows:

$\begin{array}{l} Weighted average contribution margin per unit= (Contribution Margin of individual  weight of individual) + \\ (Contribution Margin of Family  weight of family) \end{array}$

Breakeven Point for two products:

The Breakeven point is the level of sales at which the net profit is nil. It can be explained as a situation where the business is generating a sale that is equal to the expenses incurred and hence no profits no loss. Breakeven point for two or more products in units is calculated with the help of following formula:

$Breakeven point (units) = \frac{Total Fixed Costs}{Weighted Average Contribution Margin Per Unit}$

1. Weighted average contribution margin per unit:

To determine:

The Weighted average contribution margin per unit

To determine

2. Breakeven units:

To determine:

The total number of units of sales to breakeven

To determine

3. Breakeven units for each product:

To determine:

The total number of units of sales for each product separately

Answer 6

Chapter 21, Problem S21.17SE

To determine

Weighted Average contribution margin:

The weighted average contribution margin is calculated for two or more products sharing a common fixed cost. The formula to calculate the Weighted Average contribution margin per unit is as follows:

$\begin{array}{l} Weighted average contribution margin per unit= (Contribution Margin of individual  weight of individual) + \\ (Contribution Margin of Family  weight of family) \end{array}$

Breakeven Point for two products:

The Breakeven point is the level of sales at which the net profit is nil. It can be explained as a situation where the business is generating a sale that is equal to the expenses incurred and hence no profits no loss. Breakeven point for two or more products in units is calculated with the help of following formula:

$Breakeven point (units) = \frac{Total Fixed Costs}{Weighted Average Contribution Margin Per Unit}$

1. Weighted average contribution margin per unit:

To determine:

The Weighted average contribution margin per unit

Answer 7

Chapter 21, Problem S21.17SE

To determine

Weighted Average contribution margin:

The weighted average contribution margin is calculated for two or more products sharing a common fixed cost. The formula to calculate the Weighted Average contribution margin per unit is as follows:

$\begin{array}{l} Weighted average contribution margin per unit= (Contribution Margin of individual  weight of individual) + \\ (Contribution Margin of Family  weight of family) \end{array}$

Breakeven Point for two products:

The Breakeven point is the level of sales at which the net profit is nil. It can be explained as a situation where the business is generating a sale that is equal to the expenses incurred and hence no profits no loss. Breakeven point for two or more products in units is calculated with the help of following formula:

$Breakeven point (units) = \frac{Total Fixed Costs}{Weighted Average Contribution Margin Per Unit}$

1. Weighted average contribution margin per unit:

To determine:

The Weighted average contribution margin per unit

Answer 8

To determine

2. Breakeven units:

To determine:

The total number of units of sales to breakeven

Answer 9

To determine

2. Breakeven units:

To determine:

The total number of units of sales to breakeven

Answer 10

To determine

3. Breakeven units for each product:

To determine:

The total number of units of sales for each product separately

Answer 11

To determine

3. Breakeven units for each product:

To determine:

The total number of units of sales for each product separately

Answer 12

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Answer 13

Expert Solution & Answer

Answer 14

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Answer 15

Ch. 21 - For Frank’s Funky Sounds, straight-line...Ch. 21 - Prob. 2QC Ch. 21 - Prob. 3QC Ch. 21 - Prob. 4QC Ch. 21 - Prob. 5QC Ch. 21 - On a CVP graph, the total cost line intersects the...Ch. 21 - If a company increases its sales price per unit...Ch. 21 - Prob. 8QC Ch. 21 - Prob. 9QC Ch. 21 - Prob. 10QC

2. Breakeven units: To determine: The total number of units of sales to breakeven

3. Breakeven units for each product: To determine: The total number of units of sales for each product separately

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Chapter 21 Solutions

2. Breakeven units:

To determine:

The total number of units of sales to breakeven

3. Breakeven units for each product:

To determine:

The total number of units of sales for each product separately