28 A What is he contribution margih per machine hour for each product? (Round your answers to 2 dec Combution Margn per Machine Hour
Q: 36. What order should the products be made in, in order to maximize profits? Ess Co. manufactures…
A: Contribution per unit is the difference between the selling price per unit and variable cost per…
Q: 13. JAO Company sells a product for P6 per unit. Fixed expenses total P37,500 per month and variable…
A: Selling price per unit = P 6 Variable cost per unit = P 2 Number of units = N Sales = 6*N = 6N Fixed…
Q: 16.Cost to make a unit is $12, we sell the unit to customers for $20. What would the tranfer price…
A: Since multiple questions are posted, as per the guidelines only the first question will be answered.…
Q: A В C Sales $ 3.00 $ 5.00 $ 15.00 Variable costs $ 1.20 $ 3.40 2$ 8.00 Fixed costs $ 0.50 $ 1.00 $…
A: The key factor is such a factor of production whose availability is limited in quantity. To maximize…
Q: #7 Banachek, Inc. produces hair brushes. The selling price is P20 per unit and the variable…
A: Introduction:- The following formula used to calculate Breakeven point as follows: Breakeven point…
Q: 2. Piece rate calculation: Suppose, Wage rate:$25/hr Standard of production: 5 units/hr Work shift:…
A: Piece rate system determines the wages of workers on the basis of…
Q: 80,000 4.50 a. What is the most economical process for a volume of 8,000 units? b. How many units…
A: Formulas:- Contribution per unit = Selling price per unit- Variable cost per unit Number of units…
Q: 8. A) Write short note with one word or one sentence for the following – Costs, Fixed Costs,…
A: A) Costs can be defined as the expenses that we have incurred to produce a particular product. To…
Q: Ducts Duck, Inc., produced and sold 2,000 units of its product. Selling price per unit $20 $10…
A: Break even point = Fixed costs /Contribution margin per unit where, Contribution margin per unit =…
Q: Q5. The capacity usage ratio and the capacity utilisation ratio in respect of a machine for a…
A:
Q: Suppose the demand of a product produced by a production firm is 8000 per year (1 year = 312 days)…
A: Annual demand, D = 8000 Production rate, P = 10000 per year Setup cost, S = 600 Unit carrying cost,…
Q: A company is creating and selling a new product. They can sell each unit for $26.29. the variable…
A: Selling price = $ 26.29 Variable cost = $ 15.04 Fixed cost = $ 2968
Q: QUESTION 10 Wok of Fame, Inc. produces and sells 50 units of a single product. $400 Selling price…
A: The break-even point (BEP) is an accounting term that refers to the moment at which a company's…
Q: Consider the following production and cost data: Product Q Product P Product K Contrib margin…
A:
Q: 6. BREAKEVEN FOR SINGLE PROJECT Given: FC = P30,000 per month v = P25 per unit r= P35 per unit…
A: The break even sales are the sales where business earns no profit or loss during the period.
Q: Return 4 Compute the mutifactor productivity measure for each of the weeks shown for production of…
A: The multifactor productivity is calculated to check the economic performance comparing the output…
Q: Question 39 If the selling price per unit is $10, the unit contribution margin is $5, and total…
A: Cost-volume-profit analysis is a technique that is used to determine the impact of costs and sales…
Q: 49) Selling price is $60/unit, VC are $45/unit, fixed costs are $300,000, what is your breakeven…
A: Formula: Contribution margin = Selling price - variable cost Deduction of variable cost from selling…
Q: $ 17.00 Price per cake Variable cost per cake Ingredients 2.50 Direct labor 1.40 Overhead (box,…
A: Break even units = Fixed cost / Contribution margin per unit Contribution margin per unit = Sales…
Q: Currently, a company can produce 60 units per hour of a particular product. During this hour, move…
A: Cost of goods manufactured: The cost of goods manufactured is the cost incurred by the company in…
Q: 10. Product Cott has sales of P200,000, a contribution margin of 20%, and a margin of safety of…
A: Given Information: Total Sales = P200,000 Contribution margin = 20% Margin of safety = P80,000
Q: 21) The initial cost for a factory is $ 6M. The major product of the factory has revenue of $100 per…
A: solution given Initial cost $6 million Revenue per unit $100 per unit Variable cost…
Q: Choose the correct letter of answer At a price of P12 the estimated monthly sales of a product is…
A: The contribution margin is calculated as difference between sales and variable costs.
Q: QUESTION 3 Company X has monthly fixed costs of $150,000 and a unit variable cost of $50. How many…
A: Break even in unit can be calculated by this formula- Fixed cost/(sale price per unit-variable cost…
Q: 9. In the basic EOQ model, the demand is 1000 units, the EOQ is 500 units and the number of working…
A: The economic order quantity (EOQ) is a quantity that a company should buy to minimize its cost of…
Q: 8. A plant has capacity of producing 8,000 units per month of a product, which it sells for Pl.50…
A: Break-even is the point of sale at which the net profit is zero. The fixed cost per unit at the…
Q: 20. Sheryl Corporation had been buying 1,200 units of Product A which represents a four month's…
A: Annual demand = 12,00 units x 12 months / 4 months = 3600 units Economic…
Q: Lester Company has a single product. The selling price is P50 and variable cost is P30 per unit. The…
A: Formula: Unit contribution margin = (Selling price per unit - variable cost per unit)
Q: QUESTION 1. Let the fixed cost for production of a good, F, be equal to $2,700; the labour…
A: Question 1. Total cost= Fixed cost + Variable cost
Q: Mai The Company has estrated the following amounts for its next fiscal year $833.000 $43 $22 What…
A: Break even point is the point where the company neither incur loss nor profit. It is a point above…
Q: 2.5 The Virginia Company has fixed costs of Birr 100,000 per month, and variable costs of Birr 30…
A: Cost volume profit analysis is an accounting concept that establishes the relationship between the…
Q: What is the manufacturing overhead cost per unit? 13.) If the selling price is P2,200 per…
A: Variable manufacturing overhead / unit = 150 Therefore, variable manufacturing overhead of 12500…
Q: 62. The following information pertains to Material X which is used by ABC Co.: Annual Usage in units…
A: Hi student Since there are multiple questions, we will answer only first question,
Q: Consider the following production and cost data for two products, L and C: Product L Product C…
A: Cost volume profit analysis is the technique used by the management for decision-making. The methods…
Q: The cost of producing a calculator consists of $250.00 per unit for labor and material cost, $75.00…
A: The cost-volume-profit analysis or the CVP analysis is a method or technique used in cost accounting…
Q: 6) Company A wants to earn $5,000 profit in the month of January. If their fixed costs are $10,000…
A: Contribution margin is the difference between the selling price and variable cost per unit.…
Q: Calculating breakeven point in units, contribution margin has given Mackler, Inc. sells a product…
A: Break Even Point: It is a point where the total cost of a company equals to their total sales. In a…
Q: 17. What is the unit selling price? $20 per unit $30 per unit O $41 per unit O $50 per unit None of…
A: Contribution Margin Ratio = Contribution Margin / Sales
Q: 4.13 A company produces and sells two products at unit contribution margins of P4 for A and P10 for…
A: Break-even point is that production and sale level at which the company recovers all its cost…
Q: Requirement 1: What is the resturant's cost equation for estimated cots if the number of guests to…
A: Total cost includes fixed as well as variable cost. The component of fixed cost does not changes…
Q: 20) A company's product has a contribution margin of $90 and has variable cost of $60 associated…
A: We know that Contribution Margin = Selling price - Variable cost
Q: If a company has fixed costs of S6.000 per month and their product that sells for $200 has a…
A: Formula: Break even point in units = Fixed cost / Unit contribution margin
Q: 14. A set of fine china costs $700 to produce. If the producer Allows 40% of cost for overhead and…
A: Markup per unit tells the percentage difference between the selling price and cost price. Net profit…
Q: 13. JAO Company sells a product for P6 per unit. Fixed expenses total P37,500 per month and variable…
A: Desired profit per unit = sales x 15% = P6 x 15% = P0.90 per unit
Q: Estimating a cost function. The controller of the Javier Company is preparing the budget for 2018…
A: Calculate the change in miles and change in cost:
Q: Suppose the marginal cost and marginal revenue (in ¢000) for a product produced by a company is…
A:
Variance Analysis
In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.
Standard Costing
The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
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- Hydroflask water bottles produces three products, large mouth, small mouth and mini mouth water bottles. The company currently has a shortage of machine hours since one of its two machines is down; only 360 hours are available this month. The selling prices, costs, labor requirements, and demand for the three products are as follows: Sales price Variable cost per unit Machine hours per unit Demand (units) Large Mouth (Product A) $ 23.00 $ 12.50 0.75 348 Required A Complete this question by entering your answers in the tabs below. Small Mouth (Product B) $9.00 $5.00 0.25 448 Required: a. In what order should Hydroflask prioritize production of the products? b. How many of each product should be produced while the machine is down to maximize profit? c. What is the total contribution margin if Hydroflask prioritizes production according to its limited resources? Required B Required C In what order should Pasadena prioritize production of the products?7 Pepper Corp. produces three products, and currently has a shortage of machine hours since one of its two machines is down. The seling o m and mechine time requirements of the three products are as follows: Selling price Variable cost per unit Product A PIoduct B Product C $5.00 $3.00 $5.00 Machine hours per unit $3.50 $2.00 $2.00 0.75 0.25 1. in whet order should Pepper Corp. prioritize production of its products to maximize profit while the machine is down? Multiple Choice A, B, C CAB Next> BCAThe Asian Transmission Co. produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 9 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000
- Rianne Company produces a light fixture with the following unit cost:Direct materials $2Direct labor 1Variable overhead 3Fixed overhead 2Unit cost $8The production capacity is 300,000 units per year. Because of a depressed housing market,the company expects to produce only 180,000 fixtures for the coming year. The company alsohas fixed selling costs totaling $500,000 per year and variable selling costs of $1 per unit sold.The fixtures normally sell for $12 each.At the beginning of the year, a customer from a geographic region outside the area normallyserved by the company offered to buy 100,000 fixtures for $7 each. The customer also offeredto pay all transportation costs. Since there would be no sales commissions involved, this orderwould not have any variable selling costs.Required:1. CONCEPTUAL CONNECTION Based on a quantitative (numerical) analysis, should thecompany accept the order?2. CONCEPTUAL CONNECTION What qualitative factors might impact the decision?Assume that no other…Simpkins Ltd is currently experiencing a shortage of skilled labour. In the coming quarter only 3,600 hours will be available for the production of the firm's three products for which details are shown below: Product X Y Selling price per unit Variable cost per unit Fixed cost per unit Skilled labour per unit £66 £100 £120 £42 £75 £90 £30 £34 £40 0.40 hours 0.50 hours 0.75 hours Maximum quarterly demand 5,000 5,000 2,000 The optimum production plan that will maximise profit for the quarter is: 0 X's (A) (В) (C) (D) 2,200 Y's and 5,000 X's 5,000 X's 3,200 Y's 9,000 X's 2,000 Z's 2,000 Z's 0 Z's 0 Z's 200 Y's and and O Y's andBirdie Co. makes three products, A, B and C. They have a constrained resource - machine hours. There are only 17,456 machine hours available a month. The three products have the following data: A B C Selling Price per unit 6.00 16.00 11.00 Variable Cost per unit 2.00 4.00 6.00 Machine hours required 2 4 5 Demand for product in units 1000 4000 1000 How much of product A should be produced?
- Company produces three products with the following information: Selling price per unit Variable cost per unit Machine-hours per unit (MH/unit) Small $17 $8 2 Q) What is the maximum monthly rent the " optimal use of their own machine)? A) $ Product Medium $19 $10 3 Large $26 $12 4 The company has a limit of 14,300 machine-hours available per month and a monthly fixed cost of $11,000. The demand for each of the products is 2,500 units per month. The company's goal is to maximize its profitability. Suppose the Company can rent a machine that will provide an additional 1,360 machine-hours per month. company should be willing to pay for this machine (assuming they've madees Alpena Corporation manufactures smartphone and tablet cases. The following is the cost of each unit. $ 7.35 2.95 0.95 11.70 $ 22.95 Mc Graw Hill ! 1 Materials Labor Variable overhead Fixed overhead ($1,755,000 per year; 150,000 units per year) Total Decatur Devices has approached Alpena with an offer to buy 3,000 cases at a price of $17.80 each for its new specialty tablet designed for health care workers. The regular price of an Alpena case is $26.50. Alpena has the total capacity to produce 180,000 units without increasing its fixed overhead. Decatur Devices requires that each case use its branding, which requires a more expensive embossing step. This will result in an additional $2.85 per case labor cost. The material cost of of the Decatur case will be the same as for the current models. The Decatur order will also require a one-time rental of embossing equipment for $6,549. Q A Required: a. Prepare a schedule to show the impact of filling the Decatur Devices order on Alpena's…Maple Enterprises sells a single product with a selling price of $80 and variable costs per unit of $32. The company's monthly fixed expenses are $28,800. A. What is the company's break-even point in units? Break-even units fill in the blank 48108800dffc040_1 units B. What is the company's break-even point in dollars? Break-even dollars $fill in the blank 48108800dffc040_2 C. Construct a contribution margin income statement for the month of September when they will sell 800 units. Use a minus sign for a net loss if present. Income Statement $fill in the blank 74e529089f92058_2 fill in the blank 74e529089f92058_4 $fill in the blank 74e529089f92058_6 fill in the blank 74e529089f92058_8 $fill in the blank 74e529089f92058_10 D. How many units will Maple need to sell in order to reach a target profit of $48,000? New break-even units fill in the blank 946f62fa600f077_1 units E. What dollar sales will Maple need in order to reach a…
- Liguanea Pharmaceuticals Limited (LPL) currently sells a product the “sovereign” for $2200. This price is based on annual demand. Analysis indicates that if the company increase the price by $100 annual demand will fall by 400 units. At the current price 4,000 units are demanded. The product has the following cost structure per unit: Direct material $225 Direct labour $75 Direct expenses $150 Variable overheads $90 Fixed overheads $300 Variable selling expense $60 Fixed selling expenses $450 Management wants to know the optimal production quantity and its maximum profits. Determine the price equation Determine the optimal price and quantity Determine the optimal profits.Adams Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly cost of producing 9,300 containers follows. Unit-level materials Unit-level labor Unit-level overhead Product-level costs* Allocated facility-level costs $5,900 6,200 3,500 *One-third of these costs can be avoided by purchasing the containers. Russo Container Company has offered to sell comparable containers to Adams for $2.60 each. Required X Answer is complete but not entirely correct. $ 19,300 Yes $ 24,180 X No 11,100 26,900 a. Calculate the total relevant cost. Should Adams continue to make the containers? b. Adams could lease the space it currently uses in the manufacturing process. If leasing would produce $11,800 per month, calculate the total avoidable costs. Should Adams continue to make the containers? a. Total relevant cost a. Should Adams continue to make the containers? b. Total avoidable cost b. Should Adams continue to make the containers?Robinsons Company makes three products, all of which require the use of a special machine. Only 200 hours of machine time are available per month. Data for the three products are as follows. Winston can sell as much of any product as it can make. Product 1 Product 2 Product 3 Selling Price P12 P16 P21 Variable Cost 7 8 10 Contribution Margin P5 P8 P11 Machine time required in min. 6 10 15 Required: Which product should be produced to maximize profits? Given the capacity constraint, determine which product the company should make and what total monthly contribution margin the company would earn by making only that product. How much would the selling price of the next most profitable (per machine hour) product have to rise to be as profitable as the product you selected in item 2?