Acme Co. manufactures widgets. The variable cost per unit is $17. The fixed cost per unit is $9. The desired ROI per unit is $6. What is the target selling price?
Q: Best Birdies produces ornate birdcages. The company's average cost per unit is $18 when it…
A: Variable cost and Fixed cost: When the demand is at its peak, variable costs would also increase…
Q: Sloan Transmissions, Inc., has the following estimates for its new gear assembly project: price =…
A: Variable cost refers to the cost that varies with the production. If production is high then the…
Q: Company XYZ produces and sells wireless earphones. The selling price per unit is $5 and the total…
A: Break-even point is the point at which the entity does not make any profit or loss That is Selling…
Q: Tim Taylor has written a self improvement book that has the following cost characteristics: Selling…
A: Break even point = fixed cost/contribution per unit Where, Fixed cost = 98000+22800 = 120800…
Q: Company XYZ is currently producing and selling 20,000 units. The selling price per unit is $8 while…
A: Current sales = 20000 units Selling Price per unit = $8 Variable Cost Ratio = 20% Fixed Costs…
Q: Product A has a contribution margin of P 10 per unit, a contribution margin ratio of 50%, and…
A: The contribution margin per hour is the amount of profit earned before considering the fixed…
Q: oronado Industries has gathered the following information concerning one model of shoe: Variable…
A: Investment refers to the allocation of the money in order to earn benefit over the money invested.
Q: NUBD is planning to sell 100,000 units of Product Excellence for P12 per unit. The fixed costs ratio…
A: Total sales value=100000*12=1200000 Fixed cost=1200000*25%=300000
Q: If variable manufacturing costs are $16 per unit and total fixed manufacturing costs are $315,000,…
A: variable costing concept: variable costing concept method while calculating the cost of…
Q: During March, a firm expects its total sales to be $162,000, its total variable costs to be $95,200,…
A: Ans. Contribution margin is calculated by deducting variable cost from total sales.
Q: A firm expects to sell 25,400 units of its product at $14 per unit. Income is predicted to be…
A: A constant cost is something that does not change in response to activities. It must be paid on a…
Q: A major retailer of appliances does some market research and finds that when the price of a type of…
A:
Q: The MBF factory has a total cost of 45,000 units if it produces 500 products, and a total cost of…
A: Fixed costs are the costs that a company has to bear regardless of how much revenue it gathers.…
Q: Raju is a price-taker in a competitive product market. The current market price is $80 per unit, and…
A: Target costing: The traditional approach to add all the costs incurred and a desired markup to…
Q: manufacturing cost per unit
A: Total manufacturing cost under absorption costing = Total variable manufacturing costs + Total fixed…
Q: Skyline Corp. has a selling price of $30 per unit, variable costs of $22 per unit, and fixed costs…
A: Solution: Breakeven sales units = Fixed costs / CM per unit = $46,400 / ($30 - $22) = 5800 units
Q: ABD Corporation has the following information about its single product: Selling Price per unit ₱20…
A: Selling price per unit P20.00 Less: Variable Costs per Unit P12.00 Unit Contribution Margin…
Q: If the selling price is $32 per unit, the variable cost is $24 per unit, and total fixed cost is…
A: Break-even analysis is a technique used widely by production management. It helps to determine the…
Q: PJS Seating Company, a manufacturer of chair, had the following data for 2020. Sales 2,400 units…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Sunland Company has gathered the following information concerning one model of shoe: Variable…
A: Markup percentage cane be calculated by dividing net income with total cost.
Q: Honeysuckle Manufacturing has the following data: Selling Price Variable manufacturing cost Fixed…
A: Break even point means a point where firm is neither earning profit nor incurring any loss. Break…
Q: A producer of pens has received a forecast of 25,000. Fixed Cost = $30,000 and Total Variable Cost =…
A: Note: Answer should be in $ and not "P", as the question has values in $. Given: When demand “D” =…
Q: Suppose that when the output is 0, the total cost is 40. However, when the firm produces the first…
A: Cost of production: It is the cost incurred in producing the goods or providing the services It can…
Q: Oriole Company has gathered the following information concerning one model of shoe: Variable…
A: Ratio analysis means where different ratio of various years of years companies has been compared and…
Q: Company XYZ produces and sells wireless earphones. The selling price per unit is $5 and the total…
A: We know that break-even point is the point at which the entity does not make any profit or loss…
Q: A firm expects to sell 25,000 units of its product at $11 per unit. Pretax income is predicted to be…
A: Formulas Used: Sales - variable cost = Contribution Contribution - Fixed cost = Profit Therefore…
Q: NUBD Company manufactures a face masks that sells for P10 per unit. This is its sole product and it…
A: Break Even Point = Total Fixed CostContribution Per Unit 50,000 units =…
Q: Crane Co. has variable manufacturing costs per unit of $40, and fixed manufacturing cost per unit of…
A: These are the decision-making tools used in CVP analysis. It helps the management to make strategies…
Q: Swan Company produces its product at a total cost of $43 per unit. Of this amount, $8 per unit is…
A: Markup percentage on variable cost = [($20 + $13)/$30] x 100
Q: Company D is planning to perform an ABC analysis for its products. An information table is given…
A: ABC analysis is an inventory control method which include categorizing of items used in production…
Q: A firm presently has total sales of P100,000. If its sales rise, its A. net income based on…
A: In absorption costing, all costs related to the manufacturing whether fixed or variable will be…
Q: margin of safety will be
A: Definition: Margin of safety: Margin of safety reflects the excess of sales over the break-even…
Q: A company wants to price its product by using target ROR method. If the investment is estimated to…
A: Rate of Return pricing is a method by which a company fixes the price of the product in such a way…
Q: For a certain product, the linear demand curve is described by the equation, Quantity = 15,449 - 405…
A: PLEASE LIKE THE ANSWER Answer: In case of linear demand curve, the equilibrium condition occurs at…
Q: Crane Co. has variable manufacturing costs per unit of $27, and fixed manufacturing cost per unit of…
A: Markup is the amount of profit that is being earned on over and above the cost of product
Q: Sunland Company has gathered the following information concerning one model of s Variable…
A: Formula: ROI in Dollars = Investment x ROI %
Q: Company XY Z produces and sells wireless earphones. The selling price per unit is $5 and the total f…
A: Break even point: Break even point is the point at which the total cost of the firm equals to total…
Q: NUBD Company manufactures a face masks that sells for P10 per unit. This is its sole product and it…
A: Solution: Contribution margin per unit = Fixed costs / Breakeven units = P100,000 / 50000 = P2 per…
Q: Awanita Enterprises sells computer flash drives for $3.54 per unit. Unit variable cost is $0.07. The…
A: Formula: Margin of Safety= (Expected Sales units- Break even point Units )×Sales Price Per Unit
Q: Fountain Corp. has a selling price of $14 per unit and variable costs of $9.80 per unit. When 18,000…
A: The margin of safety is additional sales above the break even sales level
Q: Bryson Company has just developed a new product. The following data is available for this product:…
A: Under Cost plus pricing method : Target Selling Price per unit = Total Cost per unit + Desired…
Q: A company manufacturing laundry sinks has fixed costs of $100 per day but has total costs of $2,500…
A: Average cost is the total cost function divided by quantity produced. Maximum profit is calculated…
Q: Tim Taylor has written a self improvement book that has the following cost characteristics: Selling…
A:
Q: Blossom Company makes radios that sell for $40 each. For the coming year, management expects fixed…
A: Cost volume profit analysis is used by the management for decision-making. The methods include…
Q: Coronado Company has the following data: Variable costs are 80% of the unit selling price. The unit…
A: Break even point in dollars = Fixed costs / Contribution margin ratio where, Contribution margin…
Q: Sheen Co. manufactures a standard cabinet for a Blu-ray player. The variable cost per unit is $16.…
A: Given the following information: Variable cost per unit: $16 Fixed cost per unit: $9 Desired ROI…
Acme Co. manufactures widgets. The variable cost per unit is $17. The fixed cost per unit is $9. The desired
Step by step
Solved in 2 steps
- Baxter Company has a relevant range of production between 15,000 and 30,000 units. The following cost data represents average variable costs per unit for 25,000 units of production. Using the costs data from Rose Company, answer the following questions: A. If 15,000 units are produced, what is the variable cost per unit? B. If 28,000 units are produced, what is the variable cost per unit? C. If 21,000 units are produced, what are the total variable costs? D. If 29,000 units are produced, what are the total variable costs? E. If 17,000 units are produced, what are the total manufacturing overhead costs incurred? F. If 23,000 units are produced, what are the total manufacturing overhead costs incurred? G. If 30,000 units are produced, what are the per unit manufacturing overhead costs incurred? H. If 15,000 units are produced, what are the per unit manufacturing overhead costs incurred?Marshall s target margin of safety be in units and dollars if they required a $14,000 margin of safety?Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost data represents average cost per unit for 15,000 units of production. Using the cost data from Rose Company, answer the following questions: If 10,000 units are produced, what is the variable cost per unit? If 18,000 units are produced, what is the variable cost per unit? If 21,000 units are produced, what are the total variable costs? If 11,000 units are produced, what are the total variable costs? If 19,000 units are produced, what are the total manufacturing overhead costs incurred? If 23,000 units are produced, what are the total manufacturing overhead costs incurred? If 19,000 units are produced, what are the per unit manufacturing overhead costs incurred? If 25,000 units are produced, what are the per unit manufacturing overhead costs incurred?
- Polaris Inc. manufactures two types of metal stampings for the automobile industry: door handles and trim kits. Fixed cost equals 146,000. Each door handle sells for 12 and has variable cost of 9; each trim kit sells for 8 and has variable cost of 5. Required: 1. What are the contribution margin per unit and the contribution margin ratio for door handles and for trim kits? 2. If Polaris sells 20,000 door handles and 40,000 trim kits, what is the operating income? 3. How many door handles and how many trim kits must be sold for Polaris to break even? 4. CONCEPTUAL CONNECTION Assume that Polaris has the opportunity to rearrange its plant to produce only trim kits. If this is done, fixed costs will decrease by 35,000, and 70,000 trim kits can be produced and sold. Is this a good idea? Explain.Manatoah Manufacturing produces 3 models of window air conditioners: model 101, model 201, and model 301. The sales price and variable costs for these three models are as follows: The current product mix is 4:3:2. The three models share total fixed costs of $430,000. Calculate the sales price per composite unit. What is the contribution margin per composite unit? Calculate Manatoahs break-even point in both dollars and units. Using an income statement format, prove that this is the break-even point.Crane Co. has variable manufacturing costs per unit of $27, and fixed manufacturing cost per unit of $20. Variable selling and administrative costs per unit are $5, while fixed selling and administrative costs per unit $8. Maggie desires an ROI of $12.38 per unit. If Crane Co. uses the absorption-cost approach, what is its markup percentage? 20.63% 10.32% 54.00% 30.95%
- 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.Crane Co. has variable manufacturing costs per unit of $40, and fixed manufacturing cost per unit of $20. Variable selling and administrative costs per unit are $10, while fixed selling and administrative costs per unit are $3. Cranedesires an ROI of $5 per unit. If Crane Co. uses the variable cost-plus approach, what is its markup percentage? 30% 40% 16% 56%What is the correct choice? Datamatix Company has gathered the following data: Unit Sales Price Unit Variable Costs Unit Sales Product 1 $18.00 $10.00 24,500 Product 2 27.00 17.00 17,500 Product 3 35.00 28.00 28,000 Fixed costs are $233,280. The weighted-average breakeven point is a. 34,500 units. b. 28,800 units. c. 25,200 units. d. 29,900 units.
- If breakeven point is 1,100 units, each unit sells for $32, and fixed costs are $20,000, then on a graph the: > Total cost line will be zero at zero units sold > Total revenue line and the total cost line will intersect at $35,200 of revenue > Revenue line will start at $20,000 > Total revenue line and the total cost line will intersect at $55,200 of revenueA firm uses simple linear regression to forecast the costs for its main product line. If fixed costs are equal to $235,000 and variable costs are $10 per unit, how many units does it need to sell at $15 per unit to make a $300,000 profit?Oriole Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $45000 Variable selling and administrative costs $23000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1700000 ROI 30% Planned production and sales 6000 pairs What is the desired ROI per pair of shoes? $58 $140 $85 $143