Keller Company sells product ZR101 for $25 per unit. The cost of one unit of ZR101 is $18. The estimated cost to complete a unit is $4, and the estimated cost to sell is $6. At what amount per unit should product ZR101 be reported, applying lower-of-cost-or-net realizable value?

Q: wrt disk company sells its disk for $107 per unit. total fixed cost are $197000 and variable costs…

A: Contribution margin is the sales revenue which is over and above variable costs of the business.…

Q: Bright Force Inc. produces and sells lightning fixtures. An entry light has a total cost of $90 per…

A: Mark up % is % of Mark up  over product cost

Q: Sheridan Inc. sells a product for $106 per unit. The variable cost is $64 per unit, while fixed…

A: Contribution margin per unit = Sales price - variable cost = $106 - 64 = $42 per unit

Q: A dining set costs a company $2,300 to manufacture. If it sells for $5,175, what is the percent…

A: Solution...     Cost = $2,300  Sales = $5,175  Markup on cost = ?

Q: The selling price per unit of a product is OMR 5; The total cost is OMR 500 of which the fixed cost…

A: Formula: Unit contribution = Selling price - variable cost Deduction of variable cost from selling…

Q: Maggie Corp. has a selling price of $25 per unit, variable costs of $11 per unit, and fixed costs of…

A: The Break-even point is the point where the company is able to cover all its costs but does not make…

Q: pute the break-even sales (units) for the overall product, E.

A: Meaning of Break-Even Point Break-Even Point is a point of sale where the company can cover its…

Q: CO INC. sells two products, LIGO and CHA. The company sells these products at the rate of 2 units of…

A: For calculating the break even sale with different products , we need use the following formula :-…

Q: Friar Corp. sells two products. Product A sells for $112 per unit, and has unit variable costs of…

A: The variable cost is the cost that changes as the level of production increases. The variable cost…

Q: Megan Company has fixed costs of $2,254,000. The unit selling price, variable cost per unit, and…

A: Weighted contribution margin per unit =$280 ×60%+$280×40%=168+112=$280

Q: Kareem Co. produces a single product that is sold for $85 per unit. If the variable costs per unit…

A: CVP analysis is considered a decision-making tool that helps management to make strategies and take…

Q: Blossom Company sells product 2005WSC for $90 per unit. The cost of one unit of 2005WSC is $87, and…

A: Cost should be reported, lower of, cost, replacement cost or net realizable value.

Q: Biscuit Company sells its product for $50. In addition, it has a variable cost ratio of 45 percent…

A: Formula: Break even point in units = Fixed cost / ( Selling price per unit - variable cost per unit…

Q: It costs Ghala Company OMR 13 of variable and OMR 6 of fixed costs to produce one unit which…

A: The answer is option (e.) [i.e OMR 3,000 Increase] Refer step 2 for explanation

Q: Kando Company incurs a $9 per unit cost for Product A, which it currently manufactures and sells for…

A: Definition: Manufacturing businesses: This is a business that buys raw materials, processes those to…

Q: If the sale price is 30% more than costs, and the profit for each sold unit is GHS 120, the cost…

A: Cost price per unit = Profit / Profit % of cost

Q: The Carlo Company has received a special order for 600 units of product B for P12 a unit. It usually…

A: Profit is defined as the monetary value which is earned by the individual or an organization, when…

Q: Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed…

A: The break-even point (units) refers to the number of total units at which the firm is at no profit…

Q: How many units would the company have needed to sell to produce a profit of P12,000? * C NUBD…

A: Contribution per unit of A123=Sale per unit-Variable cost per unit=P 10-P10×70%=P3

Q: Gladstorm Enterprises sells a product for $53 per unit. The variable cost is $36 per unit, while…

A: 1. CONTRIBUTION MARGIN : = SALES - VARIABLE COST  2. BREAKEVEN POINT IN SALES UNITS : = FIXED COST /…

Q: The Waldron Company produces a single product for sale. Based on current accounting records, the…

A:

Q: XYZ Inc. sells a product for OMR 2.5 per unit. The variable cost is OMR 1.7 per unit, and fixed…

A: The break-even point is a point at which the total cost is equal to the total revenue. In other…

Q: It costs Ghala Company OMR 13 of variable and OMR 6 of fixed costs to produce one unit which…

A: Net income is the income which is computed by diminution of operating cost from the gross profits.

Q: didas Co., has a sale of $2,100,000 (7,000 units), fixed expenses are $504,000, and the contribution…

A: Sales price per unit = Total sales / no. of units sold = $2,100,000 / 7,000 units = $300 per unit

Q: Gladstorm Enterprises sells a product for $60 per unit. The variable cost is $40 per unit, while…

A: Break even point in units = fixed costs/(selling price per unit - variable cost per unit)

Q: Kando Company incurs a $10.00 per unit cost for Product A, which it currently manufactures and sells…

A: Cost per unit not eliminated if bought = Cost per unit to make - cost eliminated = $10 - 7 = $3 per…

Q: va's Creations sells two products. A and B. The weighted average per unit is $36 and Ava's fixed…

A: Introduction:   The breakeven point is calculated in accounting by dividing the fixed costs of…

Q: Planet Company sells a product for $16 per unit, variable cost is $12 per unit, and the total fixed…

A: Given,  Selling price = $16 per unit Variable cost = $12 per unit Fixed cost = $6,000

Q: Sheridan Inc. sells a product for $96 per unit. The variable cost is $60 per unit, while fixed costs…

A: Contribution margin = Sales - Variable cost Breakeven = Fixed expenses / Contribution margin

Q: Sunland Company sells product 2005WSC for $125 per unit. The cost of one unit of 2005WSC is $122,…

A: The lower-of-cost-or-market rule defines that inventory should be recorded in books at lower cost…

Q: Walton Corporation is currently selling 104 units of its product. The company is deciding the price…

A: Lets understand the basics. When any special order sales is made which does not affect the current…

Q: Gladstorm Enterprises sells a product for $50 per unit. The variable cost is $34 per unit, while…

A: Break even point means where there is no profit no loss. Variable cost means the cost which vary…

Q: Carmen Co. can further process Product J to produce Product D. Product J is currently selling for…

A: Formula : Differential revenue = Product D - product J

Q: For the next 2 items. Markgil Corp. manufactures a product that yields the by-product "Yum". The…

A: SOLUTION GROSS MARGIN = SALES - SELLING COST.

Q: Angel Corporation produce calculators selling for $25.99. Its unit cost is $18.95 Assuming a fixed…

A: Brea-even point is calculated by dividing the fixed cost by the difference of the selling price and…

Q: Kando Company incurs a $9.00 per unit cost for Product A, which it currently manufactures and sells…

A: Introduction: Incremental analysis, also known as the relevant cost approach, marginal analysis, or…

Q: Pau, Inc., which has fixed costs of $51401, sells two products whose sales price, variable cost per…

A: The Break-even point indicates that total units are to be sold by the business entity to recover its…

Q: It costs Ghala Company OMR 13 of variable and OMR 6 of fixed costs to produce one unit which…

A: A firm needs to take special order decision when a product can be sold in a large quantity to a…

Q: Salalah Company has the following information: Total Fixed cost OMR 20000 Selling price per unit…

A: Solution:- Calculation of the amount of sales if it is desired to earn a profit of OMR 5000 as…

Q: Blossom Corporation has fixed costs of $404,700. It has a unit selling price of $7.00, unit variable…

A: Break-even analysis is a technique widely used by the production department. It helps to determine…

Q: Sammy Co. has 24,000 defective units of a product that cost P8 per unit to manufacture, and can be…

A:

Q: Carla Vista Company sells product 1976NLC for $20 per unit. The cost of one unit of 1976NLC is $21,…

A: The Numerical has covered the concept of Valuing Inventory applying lower-of-cost-or-market Value.…

Q: igelow Inc. sells a product for $1,200 per unit. The variable cost is $816 per unit, while fixed…

A: Break even point is a point where  total expenses are equal to total sales. At break even point…

Q: Nicolas Enterprises sells a product for $56 per unit. The variable cost is $25 per unit, while fixed…

A: Formula: Break even point in sales units = Fixed cost / Contribution margin per unit

Q: Assuming that the total fixed cost of Vader Co. is expected to increase by 30% next period, what…

A: Break Even Sales in Pesos = Fixed Cost / Weighted Average Contribution Margin Weighted Average…

Q: Pau, Inc., which has fixed costs of $51401, sells two products whose sales price, variable cost per…

A: Break even is the point at which an entity is neither in losses nor earning any thing. It is a point…

Q: Asher Company sells two products—X and Y. Product X is sold for $30 per unit and has a variable cost…

A: Definition:  Cost-volume profit analysis: CVP analysis is a tool of cost accounting that measures…

Q: Pau, Inc., which has fixed costs of $88,333, sells two products whose sales price, variable cost per…

A: Breakeven point is computed by dividing the fixed cost by contribution per unit. Contribution is…

Q: Sheridan Company sells product 2005WSC for $65 per unit. The cost of one unit of 2005WSC is $62, and…

A: Net Realizable Value = Normal selling price - disposal cost = $65 - $6 = $59 per unit