Conley Company has fixed costs of $17,802,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $180 $99 $81 Zoro 225 135 90 The sales mix for products Yankee and Zoro is 80% and 20%, respectively. Determine the break-even point in units of Yankee and Zoro. a. Product Model Yankee units

Conley Company has fixed costs of $17,802,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products follow: Product Model Selling Price Variable Cost per Unit Contribution Margin per Unit Yankee $180 $99 $81 Zoro 225 135 90 The sales mix for products Yankee and Zoro is 80% and 20%, respectively. Determine the break-even point in units of Yankee and Zoro. a. Product Model Yankee units

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter16: Manufacturing Accounting (mfg)

Section: Chapter Questions

Problem 4R: Open MFG2 and click the Chart sheet tab. The management of Twisp is convinced that the quality of...

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Open MFG2 and click the Chart sheet tab. The management of Twisp is convinced that the quality of its products is highly dependent on their relative labor costs. Experience has shown that direct labor should account for at least 45% of the total product cost. According to the pie chart that appears on the screen, Twisp did not achieve this goal in 2011. How much should Twisp have spent on direct labor to reach its 45% goal? To find out, try different values for direct labor (cell C8), clicking the Chart sheet tab after each attempt. When you find a direct labor level that increases the direct labor percentage to 45%, enter the answer in the space provided: In 2011, direct labor needed to be ________________. Open MFG3 and click the Chart sheet tab. Did Twisp achieve its 45% goal in 2012? If not, answer the following: In 2012, direct labor needed to be ________________. When the assignment is complete, close the files without saving them again. Worksheet. The MFG2 worksheet presents the companys manufacturing activities for 2011. The company also had the following selling and general activities in 2011: sales of 13,503,000, selling expenses of 2,400,000, and general expenses of 1,200,000. Modify the worksheet to include this information in the Data Section and change the Answer Section so that it is in the form of an income statement. Preview the printout to make sure that the worksheet will print neatly on one page, and then print the worksheet. Save the completed file as MFGT. Hint: Expand the Data Section to include these additional input items alphabetically. Insert a row for sales under the heading in the Answer Section. Add the rest of the income statement information to the bottom of the schedule. You will need to enter formulas for gross profit, all the expenses, and net income. You will also need to change the statement name. Chart. Using the MFG2 file, prepare a single 3-D bar chart to show the dollar amount of materials, labor, and overhead incurred by Twisp in 2011 and 2012. Complete the Chart Data Table and use it as a basis for preparing the chart. Enter all appropriate titles, legends, and formats. Enter your name somewhere on the chart. Save the file again as MFG2. Print the chart.
pPease need answer for all requirements with full working. Please double underline answer all requirements or skip/leave for other experts . Please do not waste question and time by giving incomplete or incorrect answer. Answer in text. Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company incurs variable manufacturing costs of $60 per unit. Variable selling expenses are $18 per unit, annual fixed manufacturing costs are $480,000, and fixed selling and administrative costs are $240,000 per year. Required Determine the break-even point in units and dollars using each of the following approaches: A) Use the equation method. B) Use the contribution margin per unit approach. C) Use the contribution margin ratio approach. D) Prepare a contribution margin income statement for the break-even sales volume.
Company BB manufactures face masks with estimated cost data and other information as follows: Total Fixed cost and expenses P 777,600 Selling price P 10 Variable Cost per unit P 8 The number of units Company BB must sell to break-even is 388,800 units 518,400 units 583,200 units 972,000 units Answer A Group of answer choices 1 2 3 4
Missio... < QTC-Provider Port.... Break-Even Sales Search - UpToDate M Inbox-rickthe53@... Mail-Ricardo Rodri... a. Compute the current break-even sales (units). units VES Website Login Currently, the unit selling price of a product is $7,520, the unit variable cost is $4,400, and the total fixed costs are $23,400,000. A proposal is being evaluated to increase the unit selling price to $8,000. A Laredo PD: Attempt... b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant. units
Please answer complete question otherwise skip it If you can answer complete question then attempt only please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) USE THE FOLLOWING FOR QUESTIONS 7--10: ABC COMPANY Units sold 30,000 Selling price $100 per unit Variable costs $90 per unit Total fixed costs $400,000 Tax rate 25% 7. For ABC COMPANY, how many units have to be sold in order to earn an after‑tax net income of $360,000? a. 28,000 b. 48,000 c. 68,000 d. 88,000 8. For ABC COMPANY, using one of the short-cut tricks that you learned, assuming the sales increase by 15%, what would be the…
signmentMain.do/invoker-takeAssignmentSessionlocator SOW Verbiage-202 022x SST-Emp-List-Emp... SST-SOW-2023. Flying Cloud Co. has the following operating data for its manufacturing operations: Unit selling price Unit variable cost Total fixed costs O increased by 1015 units Ob. increased by 1.210 units unprogress-false SST-SRY-SOW-202 2023 OneDrive Monthly Invoice-Fil Logine Bell valua $235 $118 $758,000 The company has decided to increase the wages of hourly workers which will increase the unit variable cost by 10%. Increases in the salaries of factory supervisors and property taxes for the factory will increase fixed costs by 4%. If sa are held constant, the next break-even point for Flying Cloud Co. will be Od. increased by $12 units
eBook Show Me How Print Item Question Content Area Marshall & Company produces a single product and recently calculated their break-even point as shown below. Current Units Sold 410 Sales Price per Unit $530 Variable Cost per Unit $380 Contribution Margin per Unit $150 Fixed Costs $3,750 Break-Even (in units) 25 Contribution Margin Ratio 28% Break-Even (in dollars) $13,250 What would Marshall’s target margin of safety point be in units and dollars if they required a $16,500 margin of safety? Target margin of safety fill in the blank 1 units
SEARCH ASK AN EXPERT CHAT MATH SOLVER Question The Variable Cost of Goods Sold in the Marin Company totals P325,000. Fixed selling and administrative expenses totaled P115,000 and variable selling and administrative expenses were P210,000. If Marin Company's contribution margin totaled P590,000, then sales is? Also, What is the effect of this in the company of Marin? a.P650,000 B.Ph 915,000 C.Ph 1,030,000 D.Ph 1,125,000 Topic: Cost Volume Profit Please explain each clearly and solve in good form.
Sondela Ltd is a manufacturing company that is planning to use the cost-plus pricing method to set the selling price. The company has provided the following data: Variable cost per unit: Direct material R30 Direct labour R45 Manufacturing overheads R75 Sales commission R15 Selling expenses R23 Total fixed costs Depreciation - factory R27 000 Depreciation - administration R45 000 Rent - factory R31 500 Rent - head office R22 500 Selling and administration cost R60 000 Required: (A) Calculate the selling price if the company adds mark-up of 45% on variable costs.
Please do not reject question is not incomplete I used 2 questions to ask 1 complete one as it only allows 2 pictures to be uploaded. Contribution Margin, Break-Even Sales, Cost-Volume-Profit Chart, Margin of Safety , and Operating Leverage. Belmain Co. expects to maintain the same inventories at the end of 20y7 as at the beginning of the year. The total of all production costs for the year is therefore assumed to be equal to the cost cost of good sold. With this in mind , the various department heads were asked to submit estimates of the costs for their departments during the year. A summary report of these estimates is as follows.
Manson Industries incurs unit costs of $8 ($5 variable and $3 fixed) in making an assembly part for its finished product. A supplier offers to make 10,000 of the assembly part at $6 per unit. If the offer is accepted, Manson will save all variable costs but no fixed costs. Prepare an analysis showing the total cost saving, if any, Manson will realize by buying the part. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Make Buy Net IncomeIncrease (Decrease) Variable manufacturing costs $enter a dollar amount $enter a dollar amount $enter the difference between the two previous amounts in the row Fixed manufacturing costs enter a dollar amount enter a dollar amount enter the difference between the two previous amounts in the row Purchase price enter a dollar amount enter a dollar amount enter the difference between the two previous amounts in the row Total annual cost…
Sondela Ltd is a manufacturing company that is planning to use the cost-plus pricing method to set the selling price. The company has provided the following data: Variable cost per unit: Direct material R30 Direct labour R45 Manufacturing overheads R75 Sales commission R15 Selling expenses R23 Total fixed costs Depreciation - factory R27 000 Depreciation - administration R45 000 Rent - factory R31 500 Rent - head office R22 500 Selling and administration cost R60 000 Required: (c) Calculate the selling price if the company adds mark-up of 82% on variable manufacturing costs.