The total contribution margin for 2014. Given information: The variable cost per unit is $7.15. The product units are 180,000 packs.

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Answer 1

Question

Chapter 9, Problem 9.38P

1.

To determine

The total contribution margin for 2014.

Given information:

The variable cost per unit is $7.15.

The product units are 180,000 packs.

2.

To determine

The value incurred in fixed manufacturing costs in 2014.

Given information:

The fixed marketing and administrative costs are $295,000.

The operating income under variable costing is $438,000.

The contribution margin is $963,000.

3.

To determine

The number of six-packs produced by the company in 2014.

4.

To determine

The variable manufacturing overhead incurred in 2014.

Given information:

The variable cost per unit is $7.15.

The total production units are 200,000.

5.

To determine

The total manufacturing overhead expense in 2014.

Given information:

Given,

The variable manufacturing overhead is $150,000.

The fixed manufacturing overhead is $230,000.

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4. ABG produces and sells a single product at the price of 20 euros. During its first year of operation (20X7), the company had no initial stocks. The production cost of a product unit is as follows: Variable production cost of 8 euros per unit. Fixed production cost 9,600 euros. Also, the company has fixed sales expenses of 5,400 euros. In the first year of operation, the company had budgeted that it would produce and sell 3,200 units of product. In fact, during the period production and sales amounted to 3,200 units of product. Requested: To calculate the operating result of the company for the first year of its operation using absorption and marginal costing. Calculate the operating result of the company for the first year of its operation using absorption and marginal costing, assuming that sales for the period amounted to 2,700 units and 500 units remained as final inventory. What is the value of the final inventory of stocks with both costing techniques in this case?

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Answer 2

Question

Chapter 9, Problem 9.38P

1.

To determine

The total contribution margin for 2014.

Given information:

The variable cost per unit is $7.15.

The product units are 180,000 packs.

2.

To determine

The value incurred in fixed manufacturing costs in 2014.

Given information:

The fixed marketing and administrative costs are $295,000.

The operating income under variable costing is $438,000.

The contribution margin is $963,000.

3.

To determine

The number of six-packs produced by the company in 2014.

4.

To determine

The variable manufacturing overhead incurred in 2014.

Given information:

The variable cost per unit is $7.15.

The total production units are 200,000.

5.

To determine

The total manufacturing overhead expense in 2014.

Given information:

Given,

The variable manufacturing overhead is $150,000.

The fixed manufacturing overhead is $230,000.

Expert Solution & Answer

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Answer 3

Question

Chapter 9, Problem 9.38P

1.

To determine

The total contribution margin for 2014.

Given information:

The variable cost per unit is $7.15.

The product units are 180,000 packs.

2.

To determine

The value incurred in fixed manufacturing costs in 2014.

Given information:

The fixed marketing and administrative costs are $295,000.

The operating income under variable costing is $438,000.

The contribution margin is $963,000.

3.

To determine

The number of six-packs produced by the company in 2014.

4.

To determine

The variable manufacturing overhead incurred in 2014.

Given information:

The variable cost per unit is $7.15.

The total production units are 200,000.

5.

To determine

The total manufacturing overhead expense in 2014.

Given information:

Given,

The variable manufacturing overhead is $150,000.

The fixed manufacturing overhead is $230,000.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 9, Problem 9.38P

1.

To determine

The total contribution margin for 2014.

Given information:

The variable cost per unit is $7.15.

The product units are 180,000 packs.

2.

To determine

The value incurred in fixed manufacturing costs in 2014.

Given information:

The fixed marketing and administrative costs are $295,000.

The operating income under variable costing is $438,000.

The contribution margin is $963,000.

3.

To determine

The number of six-packs produced by the company in 2014.

4.

To determine

The variable manufacturing overhead incurred in 2014.

Given information:

The variable cost per unit is $7.15.

The total production units are 200,000.

5.

To determine

The total manufacturing overhead expense in 2014.

Given information:

Given,

The variable manufacturing overhead is $150,000.

The fixed manufacturing overhead is $230,000.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 9, Problem 9.38P

1.

To determine

The total contribution margin for 2014.

Given information:

The variable cost per unit is $7.15.

The product units are 180,000 packs.

2.

To determine

The value incurred in fixed manufacturing costs in 2014.

Given information:

The fixed marketing and administrative costs are $295,000.

The operating income under variable costing is $438,000.

The contribution margin is $963,000.

3.

To determine

The number of six-packs produced by the company in 2014.

4.

To determine

The variable manufacturing overhead incurred in 2014.

Given information:

The variable cost per unit is $7.15.

The total production units are 200,000.

5.

To determine

The total manufacturing overhead expense in 2014.

Given information:

Given,

The variable manufacturing overhead is $150,000.

The fixed manufacturing overhead is $230,000.

Answer 6

Chapter 9, Problem 9.38P

1.

To determine

The total contribution margin for 2014.

Given information:

The variable cost per unit is $7.15.

The product units are 180,000 packs.

Answer 7

Chapter 9, Problem 9.38P

1.

To determine

The total contribution margin for 2014.

Given information:

The variable cost per unit is $7.15.

The product units are 180,000 packs.

Answer 8

2.

To determine

The value incurred in fixed manufacturing costs in 2014.

Given information:

The fixed marketing and administrative costs are $295,000.

The operating income under variable costing is $438,000.

The contribution margin is $963,000.

Answer 9

2.

To determine

The value incurred in fixed manufacturing costs in 2014.

Given information:

The fixed marketing and administrative costs are $295,000.

The operating income under variable costing is $438,000.

The contribution margin is $963,000.

Answer 10

3.

To determine

The number of six-packs produced by the company in 2014.

Answer 11

3.

To determine

The number of six-packs produced by the company in 2014.

Answer 12

4.

To determine

The variable manufacturing overhead incurred in 2014.

Given information:

The variable cost per unit is $7.15.

The total production units are 200,000.

Answer 13

4.

To determine

The variable manufacturing overhead incurred in 2014.

Given information:

The variable cost per unit is $7.15.

The total production units are 200,000.

Answer 14

5.

To determine

The total manufacturing overhead expense in 2014.

Given information:

Given,

The variable manufacturing overhead is $150,000.

The fixed manufacturing overhead is $230,000.

Answer 15

5.

To determine

The total manufacturing overhead expense in 2014.

Given information:

Given,

The variable manufacturing overhead is $150,000.

The fixed manufacturing overhead is $230,000.

Answer 16

Expert Solution & Answer

Answer 17

Expert Solution & Answer

Answer 18

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Answer 19

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The total contribution margin for 2014. Given information: The variable cost per unit is $7.15. The product units are 180,000 packs.

The total contribution margin for 2014. Given information: The variable cost per unit is $7.15. The product units are 180,000 packs.

The value incurred in fixed manufacturing costs in 2014. Given information: The fixed marketing and administrative costs are $295,000. The operating income under variable costing is $438,000. The contribution margin is $963,000.

The number of six-packs produced by the company in 2014.

The variable manufacturing overhead incurred in 2014. Given information: The variable cost per unit is $7.15. The total production units are 200,000.

The total manufacturing overhead expense in 2014. Given information: Given, The variable manufacturing overhead is $150,000. The fixed manufacturing overhead is $230,000.

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Chapter 9 Solutions

The total contribution margin for 2014.

Given information:

The variable cost per unit is $7.15.

The product units are 180,000 packs.

The value incurred in fixed manufacturing costs in 2014.

Given information:

The fixed marketing and administrative costs are $295,000.

The operating income under variable costing is $438,000.

The contribution margin is $963,000.

The variable manufacturing overhead incurred in 2014.

Given information:

The variable cost per unit is $7.15.

The total production units are 200,000.

The total manufacturing overhead expense in 2014.

Given information:

Given,

The variable manufacturing overhead is $150,000.

The fixed manufacturing overhead is $230,000.