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 variablecost 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 doorhandles 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 itsplant to produce only trim kits. If this is done, fixed costs will decrease by $35,000, and70,000 trim kits can be produced and sold. Is this a good idea? Explain

A company makes iron benches and wants to determine the break-even point. The total fixedcost for the business is $60,000 and the variable cost is $40 per bench. It sells the bench for $100per unit. Determine the BEP and construct a graph.

A jeans maker is designing a new line of jeans called Slams. Slams will sell for $205 per unit and cost $164 per unit in variable costs to make. Fixed costs total $60,000. 1. Compute the contribution margin per unit. Contribution margin 2. Compute the contribution margin ratio. Numerator: I Denominator: 1 3. Compute income if 5,000 units are produced and sold. Income Contribution Margin Ratio = Contribution margin ratio 0

Bonita Industries produces tinted SPF 100 moisturizer that it sells for $120 each. Each bottle costs $6 of variable costs to make. During the most recent quarter, 1100 bottles of moisturizer were manufactured and sold. Fixed costs for the quarter were $20 per unit for a total of $22000. What is the company's contribution margin ratio?

Estela Company produces skateboards and scooters. Their per unit selling prices and variable costs follow. Skateboards require 2 machine hours per unit. Scooters require 3 machine hours per unit. Selling price per unit Skateboards $ 200 Scooters) $ 400 120 310 Variable costs per unit (a) Compute the contribution margin per unit (b) Compute the contribution margin per machine hour (a) Contribution margin pet und Contion margm per machine hour Skateboards Scooters

Please help me

Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $251,600, and the sales mix is 40% bats and 60% gloves The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Bats $50 $40 Gloves 130 80 a. Compute the break-even sales (units) for the overall enterprise product, E. units b. How many units of each product, baseball bats and baseball gloves, would be sold at the break-even point? Baseball bats units Baseball gloves units

Best Windows is a small company that installs windows. Its cost structure is as follows: Selling price from each window installation Variable cost of each window installation Annual fixed costs $ $ $ 160,000 Use (a) the equation method and (b) the contribution method to calculate operating income if Best installs 4,000 windows. Use (a) the Equation method to calculate operating income if Best installs 4,000 windows. Begin by determining the formula to calculate the operating income using the equation method. Then, calculate the operating income. (Abbreviation used: FC = Fixed costs, SP = Selling price, VCU = Variable cost per unit, Q = Quantity of units sold.) X X )-( )-( X X 700 600 X = Operating income = Next, use (b) the contribution method to calculate operating income if Best installs 4,000 windows. Begin by determining the formula to calculate the operating income using the contribution method. Then, calculate the operating income. = Operating income

Q8Bikes produces two types of bicycles: Deluxe (D) and Super Deluxe (SD). Demand for the products is high for both lines. The company uses the same machinery to produce both lines. The machinery can be run for a maximum of 5000 hours per period. Q8Bikes can produce 15 D bikes per hour or 10 SD bikes per hour. Fixed costs are 55,000 KWD per period. Sales prices and variable costs are as follow: Deluxe Super Deluxe KWD 190.000 KWD 250.000 65.000 86.000 Sales price per unit Variable cost per unit Requirements 1. Which product should Q8Bikes emphasize? Why? 2. To maximize profits, how many bikes of each line should Q8Bikes produce? Answer for each alternatives a, b, and c. Alternatives are independent. 1. If for every D bike sold an SD bike is to be sold. 2. If the maximum SD bikes that could be sold per period is 45,000. 3. For maintenance purposes, only 95% of the available capacity can be used and for every SD bike sold 2 D bikes can be sold. 3. Given your answers in (2) what will the…

Sandy Bank, Incorporated, makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $540 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 760 canoes for $540 each. Prepare a contribution margin income statement for the company. 4. Calculate Sandy Bank's break-even point in units and in sales dollars. Sandy Bank sells its canoes for $540 each. 5. Suppose Sandy Bank wants to earn $76,000 profit this year. Calculate the number of canoes that must be sold to achieve this target. Sandy Bank sells its canoes for $540 each. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 This year Sandy Bank expects to sell 760 canoes for $540 each. Prepare a contribution margin income statement for the company. Note: Round your intermediate calculations to 2 decimal…