--/1 Question 20 View Policies Current Attempt in Progress pport Sheen Co. manufactures a standard cabinet for a Blu-ray player. The variable cost per unit is $16. The fixed cost per unit is $9. The desired ROI per unit is $6. Compute the markup percentage on total unit cost and the target selling price for the cabinet. Markup percentage on total unit cost Target selling price 851 PM 11/18/2019 hp ho ins prt sc h12 home delete end dn 6d num backspace lock LA

--/1 Question 20 View Policies Current Attempt in Progress pport Sheen Co. manufactures a standard cabinet for a Blu-ray player. The variable cost per unit is $16. The fixed cost per unit is $9. The desired ROI per unit is $6. Compute the markup percentage on total unit cost and the target selling price for the cabinet. Markup percentage on total unit cost Target selling price 851 PM 11/18/2019 hp ho ins prt sc h12 home delete end dn 6d num backspace lock LA

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter27: Lean Manufacturing And Activity Analysis

Section: Chapter Questions

Problem 1PA: Lean principles Bright Night, Inc., manufactures light bulbs. Its purchasing policy requires that...

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Lean principles Bright Night, Inc., manufactures light bulbs. Its purchasing policy requires that the purchasing agents place each quarters purchasing requirements out for bid. This is because the Purchasing Department is evaluated solely by its ability to get the lowest purchase prices. The lowest bidder receives the order for the next quarter (90 working days). To make its bulb products, Bright Night requires 36,000 pounds of glass per quarter. Bright Night received two glass bids for the third quarter, as follows: Central Glass Company: 30.00 per pound of glass. Delivery schedule: 36,000 (400 lbs. x 90 days) pounds at the beginning of July to last for 3 months. Ithaca Glass Company: 30.20 per pound of glass. Delivery schedule: 400 pounds per working day (90 days in the quarter). Bright Night accepted Central Glass Companys bid because it was the low-cost bid. Instructions 1. Comment on Bright Nights purchasing policy. 2. What are the additional (hidden) costs, beyond price, of Central Glass Companys bid? Why werent these costs considered? 3. Considering only inventory financing costs, what is the additional cost per pound of Central Glass Companys bid if the annual cost of money is 8%? (Hint: Determine the average value of glass inventory held for the quarter and multiply by the quarterly interest charge, then divide by the number of pounds.)
XXX Company sells products Laptop, Desktop and Tablet. In 2020 the unit sales price, variable costs, and sales mix of these products were: Products Laptop Desktop Tablet Sales Mix Ratio 4 4 2 Selling price per unit $ 1800 $ 1400 $ 1000 Variable Cost per unit $ 1200 $ 1000 $ 200 Fixed Cost $ 10,000,000 Required (1) Compute Jasmine's breakeven sales (units) in 2020. Prove your answer (2) Calculate the sales required to earn a target profit $ 20,000,000 and prove your answer
Choose the correct letter of answer Martinez Company produces and sells a particular home appliance. The variable cost (VC) per unit is P50. The unit selling price (SP) is P120 while fixed cost (FC) is P75,000. How mush is P when R volume is 7,000 units? a. 840,000b. 415,000c. 490,000d. 350000
Exercise 22-17 a-d Carla Vista Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,960 units Sales price $60 per unit Variable costs $42 per unit Fixed costs $26,640 What is the contribution margin ratio? Contribution margin ratio % LINK TO TEXT LINK TO TEXT LINK TO TEXT What is the break-even point in dollars? Break-even point $ LINK TO TEXT LINK TO TEXT LINK TO TEXT What is the margin of safety in dollars and as a ratio? Margin of safety $ Margin of safety ratio % LINK TO TEXT LINK TO TEXT LINK TO TEXT If the company wishes to increase its total dollar contribution margin by 30% in 2020, by how much will it need to increase its sales if selling price per unit, variable price per…
Q2. A&D Ltd. is in the manufacturing of wooden products and makes several wooden items. The following values are related to a particular wooden item: Particulars Selling price per unit SAR 1,100 Variable cost per unit SAR 400 Total fixed costs SAR 500,000 Estimated next year’s budgeted sales 1,200 units You are required to calculate: BEP in units and BEP in sales SAR Degree of operating leverage Margin of safety in units Margin of safety in SAR
Choose the correct letter of answer Bautista Company produces and sells a particular home appliance. The variable cost (VC) per unit is P50. The unit selling price (SP) is P120 while fixed cost (FC) is P70,000. What is the revenue function in this case? a. C = 50x + 70,000b. P = 120x – 50x – 70,000c. R = 120x d. none of the above
Prove that CMRxMSR=NPR Barack Co. BEP in sales are P528,000. The variable cost to sales is 60%, while the profit ratio is 8% Determine the following: Fixed cost 2. Actual Sales 3. Profit 4. Margin of Safety 5. Margin of Safety Ratio Mahjong Co. produces and sells two products, tables and chairs. Following is next month’s income budget Sales in units Chairs Tables Total 600 150 750 Sales P 1,200.00 P 187.50 P 1,387.50 VC 1,050.00 112.50 1,162.50 CM 150.00 75.00 225.00 FX 90.00 NI 135.00 Required: How many units of tables should be sold next month to break even? How many units of chairs should be sold to earn a profit of P150 How many units of chairs should be sold to earn a profit of P100 net of 30% tax? Actual operating results for the shop are presented below: S 250,000.00 VC 100,000.00 CM…
III. NadasellsorangejuiceforOMR1.00pergallon.ThevariablecostperunitisOMR0.80,andthefixed costs per month are OMR 1,000. You are required to;A) Calculate the total costs if Nada produces 10,000 units? B)Calculate the total profit earned by Nada if they produce and sell 10,000 units?
Original DVD player sales and cost data for ABC Video:Unit Selling Price: Php 500Unit variable cost: Php 300Total fixed cost: Php 200,000Break-even sales: Php 500,000 0r 1,000 units Case: Vargo’s principal supplier of raw materials has justannounced a price increase. The higher cost is expected toincrease the variable cost of DVD players by $25 per unit.Management decides to hold the line on the selling price of theDVD players. It plans a cost-cutting program that will save$17,500 in fixed costs per month. Vargo is currently realizingmonthly net income of $80,000 on sales of 1,400 DVD players.Question: What increase in units sold will be needed tomaintain the same level of net income?
#17 Konerko Company sells two types of computer chips. The sales mix is 30% (Q-Chip) and 70% (Q-Chip Plus). Q-Chip has variable costs per unit of P30 and a selling price of P50. Q-Chip Plus has variable costs per unit of P35 and a selling price of P65. The weighted-average unit contribution margin for Konerko is Group of answer choices P23. P25. P27. P50.
12. Menchie Corporation is developing standards for its products. One product requires an input that is purchased for P57.00 per kilogram from the supplier. By paying cash, the company gets a discount of 8% off this purchase price. Shipping costs from the supplier's warehouse amount to P3.60 per kilogram. Receiving costs are P0.26 per kilogram. The standard price per kilogram of this input should be: A.P 57.70 В. Р 56.30 С. Р 65.42 D. P 57.00
Use the information given below to calculate each of the following independently 3.3 Break-even quantity if the selling price drops by 10% INFORMATIONSlumber Limited manufactures beds. The following information was extracted from the budget for 2024:Expected production and sales (units) 1 200Selling price per bed R6 000Direct materials cost per bed R1 700Direct labour cost per bed R860Variable manufacturing overheads cost per bed R320Fixed manufacturing overheads cost R1 084 800Sales commission (as a percentage of the selling price) 20%Fixed administrative and selling costs R720 000 PLEASE PUT THE ANSWER IN RANDS