mpt in Progressmpany has a unit selling price of $505, variable costs per unit of $294, and fixed costs of $164,580. Calculate the break-n units using the mathematical equation and the contribution margin per unit.point in units using the mathematical equationpoint in units using the contribution margin per unitk and MediaerunitsunitsAttempts: unlimited Submit Answer

Break-even point :— It is the point of production where total cost is equal to total revenue. At…

Answered: mpt in Progress mpany has a unit…

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter4: Accounting For Factory Overhead

Section: Chapter Questions

Problem 4E: Using the data in E4-2 and spreadsheet software, determine: The variable cost per unit, the total...

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cator=&inprogress3Dfalse Calculator Calculate the per-unit contribution margin of a product that has a sale price of $420 if the variable costs per unit are $160. Contribution margin $ per unit
npt in Progress npany has a unit selling price of $505, variable costs per unit of $294, and fixed costs of $164, 580. Calculate the breakunits using the mathematical equation and the contribution margin per unit. point in units using the mathematical equation units point in units using the contribution margin per unit units k and Media Attempts: unlimited
Using the data in E4-2 and spreadsheet software, determine: The variable cost per unit, the total fixed cost, and R2. The plotted data points using the graphing function. Compare the results to your solutions in E4-2 and E4-3 and explain the reasons for the results.
Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio: (Click the icon to view the table.) Compute the missing information, starting with scenario A, then for scenarios B and C. (Enter the contribution margin ratio to nearest percent, X%.) A B C 1,290 units 14,390 units 3,600 units 1,400 4,400 $ 1,250 700 880 625 Number of units Sale price per unit Variable costs per unit Calculate: 700 Contribution margin per unit Total contribution margin 903,000 Contribution margin ratio 50% 3520 50,652,800 80% %
Choose the correct letter of answer On a scattergrap, the diagonal line cuts across two sets of observations, namely: 600:200, and 900:500 which refer to costs and units, respectively. The fixed costs is plotted in the graph at P400. In this case, the variable cost per unit is equal to: a. P1.00b. P1.25c. P1.50d. P1.12
Refer to the pictur ebelow: Find: 1. Total Cost of Product A under ABC System2. Total Cost of Product B under ABC System3. Selling Price per unit of Product B assuming profit margin of 20% above cost
Harrington Corporation produces three products, A, B, and C. Pertinent information on these products is as follows: Product Selling Price per Unit Variable Cost per Unit Fixed Costper Unit DL Hoursper Unit A $ 4.00 $ 1.00 $ 2.00 2 B $ 3.50 $ 0.50 $ 2.00 2 C $ 6.00 $ 2.00 $ 3.00 3 The objective function for a linear program to maximize contribution margin from the set of three products is: Multiple Choice Z = $3A + $2.50B + $5C. Z = A + B + C. Z = A + $0.50B + $2C. Z = $3A + $3B + $4C. Z = $4A + $3.50B + $6C.
Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio: E (Click the icon to view the table.) Compute the missing information, starting with scenario A, then for scenarios B and C. (Enter the contribution margin ratio to nearest percent, X%.) A Number of units 1,510 units Sale price per unit $ 1,600 Variable costs per unit 1, 120 Calculate: Contribution margin per unit Total contribution margin Contribution margin ratio Data Table A Number of units 1,510 units 14,390 units 2,450 units Sale price per unit 1,600 $ 4.400 5,000 Variable costs per unit 1,120 880 3,750 Calculate: Contribution margin per unit Total contribution margin Contribution margin ratio Print Done Enter any number in the edit fields and then click Check Answer. parts remaining Clear All Final Check
Mastery Problem: Target Income and Margin of Safety Target Income and Margin of Safety At the break-even point, sales and costs are exactly equal. However, the goal of most companies is to make a profit. When a company decides that it wants to earn more than the break-even point of income, it must define the amount it thinks it will realistically make. By modifying the break-even equation, the sales required to earn a target or desired amount of profit may be computed. Complete the following: If a company makes $5 off of each unit it sells and has a target operating income of $5,000, then it must sell units. Similarly, if a company has a target operating income of $75,000 and knows that total expenses for the period will be $75,000, how much revenue must it earn to reach its target operating income? Units sold or revenue earned above and bevond the break-even point contributes to the margin of safety for a company, Margin of safety is a crude measure of risk, in that it serves as the…
Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio: LOADING... (Click the icon to view the table.) Compute the missing information, starting with scenario A, then for scenarios B and C. (Enter the contribution margin ratio to nearest percent, X%.) A Number of units 2,833 units Sale price per unit $200 Variable costs per unit 80 Calculate: Contribution margin per unit Total contribution margin Contribution margin ratio % Data Table A B C Number of units 2,833 units 3,100 units 5,600 units Sale price per unit $200 $3,000 $125 Variable costs per unit 80 1,500 100 Calculate: Contribution margin per unit Total contribution margin Contribution margin ratio
eBook Show Me How 2,340 $187,920 4,220 249,720 5,940 292,320 a. Determine the variable cost per unit and the total fixed cost. Variable cost: (Round to the nearest dollar.) Total fixed cost: High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs Check My Work 2 more Check My Work uses remaining. $ b. Based on part (a), estimate the total cost for 2,980 units of production. Total cost for 2,980 units: $ per unit All work saved. Ti Previous B Next >
Complete the table below for the missing amounts. (Click the icon to view the table.) Compute the missing information, starting with scenario A, then for scenarios B and C. Number of units Sale price per unit Variable costs per unit Contribution margin per unit Total contribution margin Contribution margin ratio $ $ A 2,064 units 250 125 % ... Data table Number of units Sale price per unit Variable costs per unit Contribution margin per unit Total contribution margin Contribution margin ratio $ $ Print A 2,064 units 250 (a) 125 (b) (c) (d) 125 50 (e) $ 1,567,500 (f) $ B Done C 2,570 units (g) 4,528 (h) (1) 20% - X

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