Speedy Mouse Inc, makes a special mouse for computers. Each mouse sells for P25 and annual production and sales are 120,000 units. Costs for each mouse are as follows: Direct material Direct labor Variable overhead Variable selling expenses Total variable cost P6.00 3.00 0.80 2.20 P12.00 Total fixed overhead P589,550
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- Vaughn, Inc. currently manufactures a wicket as its main product. Costs per unit are as follows: Direct materials and direct labor $11 Variable overhead Fixed overhead Total 5 8 $24 Saran Company has contacted Vaughn with an offer to sell it 6400 wickets for $18 each. Of Vaughn's $8 per unit fixed cost. $5 per unit is unavoidable. Should Vaughn make or buy the wickets and why? O Make because the cost savings is $12800 ◇ Buy because the cost savings is $6400 ○ Buy because the cost savings is $19200 ○ Make because the cost savings is $6400es 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…A division sold 260000 calculators during 2020: Sales $2600000 Variable costs: Materials $494000 Order processing 195000 Billing labor 143000 Selling expenses 78000 Total variable costs 910000 Fixed costs 1000000 How much is the unit contribution margin? $1.00 $3.50 $7.35 $6.50
- A company has the following historical cost information for the past 4 quarters: Units Costs Q1 1681 $47023 Q2 1133 $42223 Q3 1109 $40854 Q4 1129 $42494 $ 34.160 Use Microsoft Excel to calculate the following items with the most accuracy possible: Variable cost per per minimum precision: unit thousandths place unit Fixed costs in $ 31341 minimum precision: total ones place R Squared minimum precision: thousandths place Please put an answer in each input field.International Printer Machines (IPM) builds three computer printer models: Alpha, Beta, and Gamma. Information for these three products is as follows: Alpha Beta Gamma Total Selling price per unit $250 $400 $1 500 Variable cost per unit S80 $200 S800 Expected unit sales (annual) 12,000 6,000 2,000 20,000 Sales mix 50 percent 40 percent 10 percent 100 percent Total annual fixed costs are $5,000,000. Assume the sales mix remains the same at all levels of sales. Required: a) Calculate the weighted average unit contribution margin, assuming a constant sales mix. b) How many units of each printer must be sold to break even? c) i) Explain what is margin of safety ii) Calculate in sales units the margin of safety for IPM, assuming projected sales are 25,000 units?Sheridan, Inc. currently manufactures a wicket as its main product. Costs per unit are as follows: Direct materials and direct labor $11 Variable overhead Fixed overhead Total 7 9 $27 Saran Company has contacted Sheridan with an offer to sell it 5400 wickets for $21 each. Of Sheridan's $9 per unit fixed cost, $5 per unit is unavoidable. Should Sheridan make or buy the wickets and why? O Make because the cost savings is $16200 O Make because the cost savings is $5400 O Buy because the cost savings is $10800 O Buy because the cost savings is $5400
- Speedy Mouse Inc. makes a special mouse for computers. Each mouse sells for $25 and annual production and sales are 120,000 units. Costs for each mouse are as follows: Direct material $ 6.00 Direct labor 3.00 Variable overhead 0.80 Variable selling expenses 2.20 Total variable cost $12.00 Total fixed overhead $589,550 a. Calculate the unit contribution margin in dollars and the contribution margin ratio for the product. b. Determine the break-even point in number of mice. c. Calculate the dollar break-even point using the contribution margin ratio. d. Determine Speedy Mouse Inc.’s margin of safety in units, in sales dollars, and as a percentage. e. Compute Speedy Mouse Inc.’s degree of operating leverage. If sales increase by 25 percent, by what percentage would before-tax income increase? f. How many mice must the company sell if it desires to earn $996,450 in before-tax profits? g. If Speedy Mouse Inc. wants to earn $657,800 after tax and is subject to a 20 percent tax rate, how many…4. XYZ Company manufactures GPS. The selling price of each GPS is $150,variable cost $24, and fixed costs are $1,635,000. Calculate the following:a) contribution marginb) breakeven point in unitsplease solve the sub-parts to be solved. thanks Ziggy Creations makes and sells a single product. Individual product details are as follows: Selling price $ 45 Direct materials $20 Direct labour $10 Fixed Costs $480 000 Estimated sales 36 000 units Production capacity 40 000 units d) If Ziggy’s required a profit of $90 000, what level of sales dollars would be required? e) Variable costs are to increase by $5 per unit. If Ziggy’s wants to maintain a profit of $90,000, what will be the required sales volume? Can Ziggy’s achieve this new estimated sales volume?
- International Printer Machines (IPM) builds three computer printer models: Alpha, Beta, andGamma. Information for these three products is as follows:Alpha Beta Gamma TotalSelling price per unit $250 $400 $1 500Variable cost per unit $80 $200 $800Expected unit sales (annual) 12,000 6,000 2,000 20,000Sales mix 50 percent 40 percent 10 percent 100 percentTotal annual fixed costs are $5,000,000. Assume the sales mix remains the same at all levelsof sales.Required:a) Calculate the weighted average unit contribution margin, assuming a constant sales mix. b) How many units of each printer must be sold to break even? (3 marks)c) i) Explain what is margin of safety ii) Calculate in sales units the margin of safety for IPM, assuming projected sales are25,000 units?. Following information pertains to X Company's two products: 5040000 Digicam Videocam Break-even point-units 240 360 Selling price P 4,500 P14,250 Variable costs 2,250 5,000 How much is the total fixed costs?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