San De Marco Company has a very unique product with no real competitors, therefore they use cost plus pricing. They mark up their cost by 73% to set selling price. The cost of their product is $433. What is the selling price of their product? Enter your answer by rounding to the nearest whole dollar. Don't enter dollar signs or commas.
Q: A company has fixed costs of $230,000 and breakeven sales of $1,600,000. Assuming no change in price…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Text Tech has bought a product from their supplier for $2,372 with discounts of 30% and 5%. For full…
A: As per the bartleby guidelines, in case of interlinked question answer first 3 only 1) Cost after…
Q: еВook he Warren Watch Company sells watches for $29, fixed costs are $190,000, and variable costs…
A: Since you have a question with multiple subparts we will solve the first three subparts for you. If…
Q: Cyan Corporation has provided the following data concerning its only product: Selling price $ 90…
A: Margin of safety in units = 11,600 - 10,324 = 1,276
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: Ahmad Inc. is a toy manufacturing firm and has the following information: Activity levels Total…
A: Cost-volume-profit analysis is made to assess the level of cost and profit at various levels of…
Q: Megacorp and Gadgetron are two competing gadget manufacturers. Information about the price and cost…
A: 1) The sales volume that will result in Megacorp and Gadgetron having the same operating profit is…
Q: Marchete Company produces a single product. They have recently received the results of a market…
A: New Contribution margin per unit = new selling price per unit - variable costs per unit = (130*110%)…
Q: Cubie Corporation has provided the following data concerning its only product: Selling price $ 104…
A: Formula: Margin of safety in dollars = Current sales - Break even sales
Q: San De Marco Company has a very unique product with no real competitors, therefore they use cost…
A: Under the Cost Plus Pricing, the Selling Price of the product is determined by adding a certain…
Q: Suppose that marketing executives for Touché Toiletries (see problem 7) reduced the price to $6.50…
A: A situation at which a company neither earns profit nor bears any loss or a situation at which the…
Q: As the owner of the small business, you are tasked to determine the right price for your product…
A: As the owner of the small business, you are tasked to determine the right price for your product…
Q: What is the overall sales revenue of Standlar at break-even point?
A: Selling price of each models are 1. Standard model = $360 2. Deluxe model = $500 3. Superior model…
Q: The market price for a product has been $69 per unit, but competitive pressures have reduced the…
A: The question is based on the concept of Cost Accounting.
Q: The X and Y Divisions are divisions in the same company. Currently the Y Division buys a part from X…
A: Part A: The minimum transfer price per unit for the part is the Total Variable Cost plus one third…
Q: A major retailer of appliances does some market research and finds that when the price of a type of…
A:
Q: how much loss would the company recognize on its income statement?
A: Given: Selling Price = S = $71 Variable Costs = V = $43 Fixed costs = $24,000
Q: Marchete Company produces a single product. They have recently received the results of a market…
A: Break even sales units = Fixed cost / CM per unit CM per unit = SP per unit - VC per unit
Q: Meg's Manufacturing Company can make 211 units of a component part for variable costs of $159,896…
A: Make Alternative Buy Alternative Difference Buying Cost $0 $1,53,734 -$1,53,734 Variable costs…
Q: Alnusairat company is processing Milk with a joint cost of $100000 to produce 2000 units of product…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: (a) Write down the equation for (i) total revenue, (ii) total costs, (iii) profit. (b) Calculate…
A: Under Marginal costing fixed cost remains constant and variable cost changes with the change in the…
Q: A small company manufactures a certain item and sells it online. The company has a business model…
A: Every company exists to make a profit and achieve outcomes. In order to analyse profitability,…
Q: Peppertree Company has two divisions, East and West. Division East manufactures a component that…
A: If East division has excess capacity, the lowest price the east division will accept is to recover…
Q: Jamison Company uses the total cost method of applying the cost-plus approach to product pricing.…
A: Mark-up % on total cost = Desired Profit / Total Costs x 100
Q: The standard price for one dozen pierogis has been $5.99 per dozen. Depending upon the ingredients,…
A: Given, The standard price for one dozen pierogis = $5.99 per dozen Competitor's price range from =…
Q: The Caplow Company, a chair manufacturing shop decides to use target profit pricing to establish a…
A: Target profit pricing is the setting up of a target price which can be computed by estimating the…
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: Randy's tireland makes a product that sells for $71 per unit and has $53 per unit in variable costs.…
A: The breakeven point is calculated by dividing fixed cost by contribution margin per unit.
Q: How many un
A: Meaning of Break-Even Point Break-Even Point is the level of activity where the company sales amount…
Q: pany currently sells product A, B and C in equal quantities and at the same selling price per unit.…
A: In the given question, contribution margin of product C is missing but overall contribution margin…
Q: Mr. Ador Estoria, the operations manager of Achos Merchandising Corp. Is worried about the result of…
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
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: Vallie Enterprise sells a product that cost $200 per unit and has a monthly demand of 50o units. The…
A: Question is based on the concept of cost accounting
Q: Saper estions. Yoga Pants Manufacturing incurs a total cost of $25 per unit, of which $20 is…
A: Only relevant costs should be considered for decision making. That is variable costs here Fixed…
Q: Brownstone Windows is a small company that installs windows. Its cost structure is as follows: E…
A: Margin of safety means sales revenue over and above break even point sales revenue.
Q: Traylor Windows' breakeven revenues is $1,870,000 and breakeven units is 3,400. Calculate the…
A: Margin of safety is the excess of revenue earned by company compared to break even revenue.
Q: Concord, Inc. is unsure of whether to sell its product assembled or unassembled. The unit cost of…
A: Given information, •Un-assembled product: Cost= $13 Selling price= $54 •Assembled product:…
Q: company's over-all break-even in pesos
A: Weight of each product = Normal monthly sales volume of each product/Total normal monthly sales…
Q: Swiss Watches Inc approaches Taiwan Watches Inc. with an inquiry about a special order. Taiwan…
A: In case of special order, if there is excess capacity with the firm to fulfill such special order,…
Q: You are the Sales Manager for your company and you are evaluating orders from two customers but can…
A: Total Contribution margin on first order = No. of units x selling price x contribution margin ratio…
Q: de Manulacturers Inc. is approached by a potential customer to fulfill a one - time - only special…
A: The minimum transfer price to be charged for special order is total variable cost. Since fixed cost…
Q: ompany produces a single product. They have recently received the results of a market survey that…
A: In Marginal Costing we get contribution margin by…
Q: Video Options Ltd. manufactures two types of DVD players: standard and deluxe. It attempts to set…
A: This question relates to deferred taxes accounting.The pre-tax income can be calculated as follows :
Q: Crane Company is starting business and is unsure of whether to sell its product assembled or…
A: When business has alternatives of further processing products or selling unassembled products, then…
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: Mr. Ador Estoria, the operations manager of Achos Merchandising Corp. Is worried about the result of…
A: The break-even point is the sales point where sales cover all the expenses related to the goods.
Q: A company operates in a competitive marketplace. They look to the market to determine their selling…
A: Solution:- Calculation of target cost as follows under:- The following formula used to calculate…
Q: Cubie Corporation has provided the following data concerning its only product: 24 93 per unit…
A: The question is based on the concept of Financial Management.
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…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 1 images
- Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail price of their product by 8% without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis is shown. If they enact the 8% price increase, what will be their new break-even point in units and dollars?Delta Co. sells a product for $150 per unit. The variable cost per unit is $90 and fixed costs are $15,250. Delta Co.s tax rate is 36% and the company wants to earn $44,000 after taxes. What would be Deltas desired pre-tax income? What would be break-even point in units to reach the income goal of $44,000 after taxes? What would be break-even point in sales dollars to reach the income goal of $44000 after taxes? Create a contribution margin income statement to show that the break-even point calculated in B, generates the desired after-tax income.Baghdad Company produces a single product. They have recently received the result of a market survey that indicates that they can increase the retail price of their product by 10% without losing customers or market share. All other costs will remain unchanged. If they enact the 10% price increase, what will be their new break-even point in units and dollars? Their most recent CVP analysis is:
- When prices are falling (deflation), which costing method would produce the highest gross margin for the following? Choose first-in, first-out (FIFO); last-in, first-out (LIFO); or weighted average, assuming that B62 Company had the following transactions for the month. Calculate the gross margin for each of the following cost allocation methods, assuming B62 sold just one unit of these goods for $400. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)Kimball Company has developed the following cost formulas: Materialusage:Ym=80X;r=0.95Laborusage(direct):Yl=20X;r=0.96Overheadactivity:Yo=350,000+100X;r=0.75Sellingactivity:Ys=50,000+10X;r=0.93 where X=Directlaborhours The company has a policy of producing on demand and keeps very little, if any, finished goods inventory (thus, units produced equals units sold). Each unit uses one direct labor hour for production. The president of Kimball Company has recently implemented a policy that any special orders will be accepted if they cover the costs that the orders cause. This policy was implemented because Kimballs industry is in a recession and the company is producing well below capacity (and expects to continue doing so for the coming year). The president is willing to accept orders that minimally cover their variable costs so that the company can keep its employees and avoid layoffs. Also, any orders above variable costs will increase overall profitability of the company. Required: 1. Compute the total unit variable cost. Suppose that Kimball has an opportunity to accept an order for 20,000 units at 220 per unit. Should Kimball accept the order? (The order would not displace any of Kimballs regular orders.) 2. Explain the significance of the coefficient of correlation measures for the cost formulas. Did these measures have a bearing on your answer in Requirement 1? Should they have a bearing? Why or why not? 3. Suppose that a multiple regression equation is developed for overhead costs: Y = 100,000 + 100X1 + 5,000X2 + 300X3, where X1 = direct labor hours, X2 = number of setups, and X3 = engineering hours. The coefficient of determination for the equation is 0.94. Assume that the order of 20,000 units requires 12 setups and 600 engineering hours. Given this new information, should the company accept the special order referred to in Requirement 1? Is there any other information about cost behavior that you would like to have? Explain.Jansen Crafters has the capacity to produce 50,000 oak shelves per year and is currently selling 44,000 shelves for $32 each. Cutrate Furniture approached Jansen about buying 1,200 shelves for bookcases it is building and is willing to pay $26 for each shelf. No packaging will be required for the bulk order. Jansen usually packages shelves for Home Depot at a price of $1.50 per shell. The $1.50 per-shelf cost is included in the unit variable cost of $27, with annual fixed costs of $320.000. However, the $130 packaging cost will not apply in this case. The fixed costs will be unaffected by the special order and the company has the capacity to accept the order. Based on this information, what would be the profit if Jansen accepts the special order? A. Profits will decrease by $1,200. B. Profits will increase by $31,200. C. Profits will increase by $600. D. Profits will increase by $7,200.
- When prices are rising (inflation), which costing method would produce the highest value for gross margin? Choose between first-in, first-out (FIFO); last-in, first-out (LIFO); and weighted average (AVG). Evansville Company had the following transactions for the month. Calculate the gross margin for each of the following cost allocation methods, assuming A62 sold just one unit of these goods for $10,000. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)A company has prepared the following statistics regarding its production and sales at different capacity levels. Total costs: 1. At what point is break-even reached in sales dollars? In units? (Hint: Use the capacity level to determine the number of units.) 2. If the company is operating at 60% capacity, should it accept an offer from a customer to buy 10,000 units at 3 per unit?Marshall s target margin of safety be in units and dollars if they required a $14,000 margin of safety?
- Garrett Company provided the following information: Common fixed cost totaled 46,000. Garrett allocates common fixed cost to Product 1 and Product 2 on the basis of sales. If Product 2 is dropped, which of the following is true? a. Sales will increase by 300,000. b. Overall operating income will increase by 2,600. c. Overall operating income will decrease by 25,000. d. Overall operating income will not change. e. Common fixed cost will decrease by 27,600.Walton Corporation is currently selling 104 units of its product. The company is deciding the price that it should charge for a bulk order of 40 units. The variable cost per unit is $200. This order will not involve any additional fixed costs and the company's current sales will not be affected. The company targets a profit of $4,000 on the bulk order. What selling price per unit should the company quote for the bulk order?Meg's Manufacturing Company can make 211 units of a component part for variable costs of $159,896 and fixed costs of $32,104. The compnay decides the buy the part externally instead for $153,734 and $4,789 of the fixed costs will be avoided. How much will net income increase or decrease? If net income increases, make your answer positive; If net income decreases, put a (-) negative sign in front of the answer. Round your answer to the nearest whole dollar and do not type the dollar sign.