QUESTION 13 According to cost formula Y = $20,000 + $4X, total cost at an activity level of 15,000 units would be: $35,000 $60,000 $20,000 $80,000
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- (Appendix 11A) Cycle Time, Velocity, Conversion Cost The theoretical cycle time for a product is 30 minutes per unit. The budgeted conversion costs for the manufacturing cell are 2,700,000 per year. The total labor minutes available are 600,000. During the year, the cell was able to produce 1.5 units of the product per hour. Suppose also that production incentives exist to minimize unit product costs. Required: 1. Compute the theoretical conversion cost per unit. 2. Compute the applied conversion cost per unit (the amount of conversion cost actually assigned to the product). 3. CONCEPTUAL CONNECTION Discuss how this approach to assigning conversion costs can improve delivery time performance.Contribution margin analysis The actual price for a product was 28 per unit, while the planned price was 25 per unit. The volume decreased by 20,000 units to 410,000 actual total units. Determine (a) the sales quantity factor and (b) the unit price factor for sales.QUESTION 6 Eric Clothing Limited’s annual demand for materials X is 50 000 units, and the ordering cost is P10 000 per order and each unit costs P3 000. The estimated cost of holding unit of stock is 15% of the purchase cost.Required:a. Calculate the economic order quantity (EOQ) and; b. Calculate the total annual costs of material X.
- Question A2 A business has forecast sales of its new product to be 21,000 units in the first year. The product will sell for £21 per unit and has variable production costs of £7. Fixed costs have been budgeted at £252,000. What is the margin of safety for the new product as a percentage (round to 2d.p.)QUESTION 52 At a break-even point of 1,000 units sold, White Corporation's Sales are $16,000; variable expenses are $12,000; contribution margin is $4,000; and fixed expenses are $4,000. Unit sales price is $16. Unit variable expense is $12, and unit contribution margin is $4. What will the Corporation's net operating income be at a volume of 1,001 units? A. $604 B. $16 C. $12 D. $4 E. $8,000Question 15 of 20 Moving to another question will save this response. Question 15 The estimated unit costs for a company to produce and sell a product at a level of 12,000 units per month are as follows: Cost Item EstimatedUnit Cost Direct material $ 32 Direct labor 20 Variable manufacturing overhead 15 Fixed manufacturing overhead 6 Variable selling expenses 3 Fixed selling expenses 4 What are the estimated prime costs per unit? $73 $52 $67 $32
- Q1) Total costs are $140 000 when 10 000 units are made. Of this amount, variable costs are $4 per unit. What are the total costs when 8000 units are produced? A. $140 000B. $136 000C. $132 000D. $124 000P1 P2 Total Selling price per unit $100 $12 Variable cost per unit $ 60 $ 3 Expected unit sales 21,000 14,000 35,000 Sales mix 60 percent 40 percent 100 percent Fixed costs $750,000 Assume the sales mix remains the same at all levels of sales. Required: How many units of each product must be sold to earn a monthly profit of $100,000? Prepare a contribution margin income statement for the month. If the sales mix shifts more toward the P1 product than the P2 product, would the break-even point in units increase or decrease? Explain. (Detail calculations are not necessary but may be helpful in confirming your answer.)The Foundational 15 (Static) [LO10-1, LO10-2] Skip to question [The following information applies to the questions displayed below.] Westerville Company reported the following results from last year’s operations: Sales $ 1,000,000 Variable expenses 300,000 Contribution margin 700,000 Fixed expenses 500,000 Net operating income $ 200,000 Average operating assets $ 625,000 At the beginning of this year, the company has a $120,000 investment opportunity with the following cost and revenue characteristics: Sales $ 200,000 Contribution margin ratio 60 % of sales Fixed expenses $ 90,000 The company’s minimum required rate of return is 15%. Foundational 10-14 (Static) 14. If Westerville’s chief executive officer will earn a bonus only if her residual income from this year exceeds her residual income from last year, would she pursue the investment opportunity? multiple choice Yes No
- Ch. 5 Quiz Variable Cost Per Unit Please for Variable Cost Per Unit for the following problem. Explain and show formula or method of how to solve "Total fixed costs for "Company" are $754,000. Total costs, including both fixed and variable costs are $1,000,000 if 150,000 units are produced"Question 6 of 10 Moving to another question will save this response. Question 6 Javed Corporation produces and sells a single product, has provided its contribution format income statement for March. Sales (17,000 units) Rs. 2,210,000 Variable Expenses 1,530,000 Contribution Margin 680,000 Fixed Cost 250,000 Net Profit 430,000 Number of units to be sold so that target profit of Javed Corporation increased by Rs. 48,000?Exercise 6 DSD Ltd has budgeted to produce 7 500 units of D. For each unit of D, three units D1 (one of the components of D) is required. The ordering cost per order of D1 is R23 and the carrying cost is as follows: Insurance: 2% of stock value Lost interest: 2% of stock value Cost per unit of D1 is R7.50 Calculate the EOQ
