Revenue $4500 Variable non manufacturing$900 Variable Manufacturing Costs$810Fixed manufacturing costs630 Fixed nonmanufacturing $545Compute gross margin?
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![Revenue$4500 Variable non manufacturing$900Variable
Manufacturing Costs$810Fixed manufacturing costs630
Fixed nonmanufacturing $545Compute gross margin?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F43e959cc-1c6f-4857-9b1c-5879f0c061d2%2F7b814a34-14c0-480d-a347-30fa41a999df%2Fprdx7l6_processed.jpeg&w=3840&q=75)
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- Sales price OMR 1000; Direct materials OMR250; Directe labor OMR 180; Variable selling cost OMR 100; Fixed selling cost OMR 200; Variable manufacturing cost OMR 150; Fixed manufacturing cost OMR 350 then we get TOTAL MANUFACTURING COST OF GOODS SOLD. O a. OMR 930 O b. OMR 520 O C. Some other answer O d. OMR 320Sales are 250000 OMR, variable cost = 120000 OMR, Fixed cost 90000 calculate BEP sales a. 176076.9 OMR b. 175076.9 OMR c. 173076.9 OMR d. 174076.9 OMRCosts of manufactured are 958000 OMR, Prime cost is 736000 OMR, and Factory overheads are 12 % of prime cost, Calculate cost of production Select one: O a. None of these O b.824320 OMR O c. 692350 OMR O d. 891950 OMR s page Next page Buss 104-2 03-05-21 10:40-11:40 0 SS 104 Jump to...
- Variable costs: Manufacturing Sales commission Total variable costs Fixed costs (allocated): Manufacturing Selling and administrative Total fixed costs Total costs Variable manufacturing cost per unit E20.24 Absorption cost per unit Total variable cost per unit = = $400 $192000-480 = ($192000-$120000)- 480 = ($192000-124000)-480 =$450 = 5650 $192 000 $ 24 000 $120 000 $48 000 $216 000 $168 000 $384 000 Determining markup percentage; target ROI: manufacturer LO 20.3 Refer to the cost and production data for the Wave Darter in Exhibit 20.4. The target profit is $110 000. Required Use the general formula to calculate the required markup percentages for each of the following cost- plus formulas: 1. variable manufacturing cost 2. absorption cost.Cash 72000 Ending WIP 54000 Beginning WIP 85000 DM used 40000 DL used 61000 Factory overhead 50000 What will be the total manufacturing cost?Required to answer. Single choice.u.om/mod/quiz/attempt.php?attempt3D18933338&cmid%3D891193&page%=D15 NG SYSTEM (ACADEMIC) cerial Accounting - Spring21 Time left 0:31:27 The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units? The selling price is $3 per unit. O a. 59,895 O b. None of the given answers O . 176,650 O d. 116,755 O e. 139,755 CLEAR MY CHOICE FINISH ATTEMPT ... AGE
- Problem 7-16 (Algo) Comparing Traditional and Activity-Based Product Margins [LO7-1, L07-3, LO7-4, LO7-5] Hi-Tek Manufacturing, Inc., makes two types of industrial component parts-the B300 and the T500. An absorption costing income statement for the most recent period is shown: Hi-Tek Manufacturing Inc. Income Statement $ 1,657,500 1,224,620 432,880 620,000 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating loss $4 (187,120) Hi-Tek produced and sold 60,500 units of B3o0 at a price of $19 per unit and 12,700 units of T500 at a price of $40 per unit. The company's traditional cost system allocates manufacturing overhead to products using a plantwide overhead rate and direct labor dollars as the allocation base. Additional information relating to the company's two product lines is shown below: в300 T500 Total Direct materials $ 400,600 $ 120,400 $ 162,700 $ 42,000 563,300 162,400 498,920 Direct labor Manufacturing overhead Cost of goods sold $…I'se the following information to answer questions 1-6. Selling price per unit Luriable manufacturing cost per unit Fixed manufacturing cost per unit V'ariable selling cost per unit Fixed selling cost per unit Expected production and sales P100 20 30 25 10 1,000 units 1. Contribution margin per unit is a. P50 b. P55 с. Р80 d. P15 2. The contribution margin ratio is a. 45% b. 50% c. 55% d. 15%McGown Corporation has the following information: Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Additional information for the year is as follows: Raw materials purchases Direct labor Manufacturing overhead applied Indirect materials Compute the total current manufacturing costs. Multiple Choice O Beginning Inventory (1/1) $ 23,500 $79,200 $259,300 18,400 36,000 Ending Inventory (12/31) $ 37,300 $ 105,600 81,100 86,400 0 27,400 27,200
- content/qualsims/accounting/cost_volume_profit/v2/player/#/891e73d6eefafa67438268e177eaa497_qualsimsaccountingcost_volume_profitmiller_nobles_mattis 75 Tumblers Sora per month Sales Revenue Less: Variable Expenses Contribution Margin Less: Fixed Expenses Operating Income Total Per Unit $ 2,250 $ 30 1,350 18 $ 900 $ 12 250 $ 650 In order to determine how much contribution margin is earned for each $1 of sales, what is the contribution margin ratio on your tumbler sales? Round to the nearest whole number. Select an option from the choices below and click Submit. ○ 29% ○ 40% ○ 250% SubmitSales are 140000 OMR, variable cost = 110000 OMR calculate contribution Select one: O a. None of them O b. 65000 OMR O c. 70000 OMR O d. 69000 OMR Next page s page Buss 104-2 03-05-21 10:40-11:40 ISS 104 Jump to...(e) Product Blue Product Red £ £Selling £12.00 £24.00Variable cost £ 4.00 £ 8.00Contribution margin £ 8.00 £16.00Fixed costs apportioned £200,000 £400,000Budgeted Sales Units 140,000 60,000Required:Calculate the breakeven points, for each product and the company as a wholeand comment on your findings
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