The following data are for Elm Leaf Apparel:Sales volume (units):Product XXProduct YYSales price:Product XXProduct YYVariable cost per unit:AProduct XXProduct YYEast8,0006,000$22$26$13$16West6,40012,800a. Determine the contribution margin for Product YY.$21$28$13$16b. Determine the contribution margin for the West Region.

Contribution Margin is that amount which is before fixed expenses profit of the company. If we will…

Answered: The following data are for Elm Leaf…

Financial And Managerial Accounting

15th Edition

ISBN:9781337902663

Author:WARREN, Carl S.

Publisher:WARREN, Carl S.

Chapter21: Variable Costing For Management analysis

Section: Chapter Questions

Problem 5BE: Contribution margin by segment The following information is for LaPlanche Industries Inc.: Determine...

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The following data are for Elm Leaf Apparel: East Sales volume (units): Product XX Product YY Sales price: Product XX Product YY Variable cost per unit: Product XX Product YY 6,300 3,300 $12 $15 $7 $9 West 5,300 7,100 $13 $14 $7 $9 a. Determine the contribution margin for Product YY. $fill in the blank 1 b. Determine the contribution margin for the West Region. $fill in the blank 2
Contribution Margin by Segment The following data are for Elm Leaf Apparel: East West Sales volume (units): Product XX 8,600 7,000 Product YY 2,700 4,100 Sales price: Product XX $20 $18 Product VY $26 $25 Variable cost per unit: Product XX $12 $12 Product YY $16 $16 a. Determine the contribution margin for Product YY. b. Determine the contribution margin for the West Region.
The following data are for Moss Creek Apparel: East West Sales volume (units): Product XX 6,500 6,800 Product YY 3,000 5,000 Sales price: Product XX $17 $16 Product YY $22 $23 Variable cost per unit: Product XX $10 $10 Product YY $13 $13 a. Determine the contribution margin for Product YY. $ b. Determine the contribution margin for the West Region.
Contribution Margin by Segment The following data are for Elm Leaf Apparel: East West Sales volume (units): Product XX 4,900 5,700 Product YY 5,600 9,800 Sales price: Product XX $25 $27 Product YY $28 $26 Variable cost per unit: Product XX $15 515 Product YY $17 517 a. Determine the contribution margin for Product YY. b. Determine the contribution margin for the West Region. %24
Contribution Margin by Segment The following information is for Elm Leaf Apparel: Sales volume (units): Product Alpha Product Omega Sales price: East West 5,900 6,000 3,800 6,300 Product Alpha $21 $19 Product Omega $27 $26 Variable cost per unit: Product Alpha Product Omega $13 $13 $16 $16 a. Determine the contribution margin for the East Region and West Region. East Region: West Region: b. Determine the contribution margin ratio for the East Region and West Region. Round the contribution margin ratio to one-tenth of a percent. East Region: West Region: % %
Contribution Margin by Segment The following data are for Cabin Craft Apparel: East West Sales volume (units): Product XX 9,300 10,000 Product YY 6,100 12,900 Sales price: Product XX $18 $20 Product YY $23 $22 Variable cost per unit: Product XX $11 $11 Product YY $14 $14 a. Determine the contribution margin for Product YY.$fill in the blank 1 b. Determine the contribution margin for the West Region.$fill in the blank 2
Contribution Margin by Segment The following information is for La Planche Industries Inc.: East West Sales volume (units): Product XX 45,000 38,000 Product YY 60,000 50,000 Sales price: Product XX $700 $660 Product YY $728 $720 Variable cost per unit: Product XX $336 $336 Product YY $360 $360 a. Determine the contribution margin for the Product YY. b. Determine the contribution margin for the West Region.
Wimberley Ltd provides the following data regarding its four product lines: A B C D Product Selling price ($) 10 Variable costs per unit ($) Sales mix 35 55 91 3 16 29 65 60 20 15 5 Required Calculate, to two decimal places, the weighted average contribution margin per unit (WACMU).
Matamad Inc. Provides you with the following data on its operation for analysis:Unit selling priceP40Variable costs and expenses per unit.P30Fixed cost and expenses per annum.P48,000REQUIRED:a. Contribution margin per unitb. Contribution margin percentagec. BEP sales volume (units)d. BEP peso salese. Peso sales with desired income of P9,000f. Peso sales with desired income P13,000 after 32% income tax
Product Profitability Analysis PowerTrain Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVS), the Mountain Monster and Desert Dragon, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: Mountain Monster Desert Dragon Sales price $6,000 $4,000 Variable cost of goods sold 3,780 2,680 Manufacturing margin $2,220 $1,320 Variable selling expenses 1,260 480 Contribution margin $960 $840 Fixed expenses 450 340 Income from operations $510 $500 In addition, the following sales unit volume information for the period is as follows: Mountain Monster Desert Dragon Sales unit volume 3,000 2,300 a. Prepare a contribution margin by product report. Calculate the contribution margin ratio for each product as a whole percent.
The following information is for LaPlanche Industries Inc.: East West Sales volume (units): Product XX 45,000 38,000 Product YY 60,000 50,000 Sales price: Product XX $700 $660 Product YY $728 $720 Variable cost per unit: Product XX $336 $336 Product YY $360 $360 a. Determine the contribution margin for the Product YY.$ b. Determine the contribution margin for the West Region.
Product cost concept of product pricing Based on the data presented in Exercise 12-15, assume that Willis Products Inc. uses the product cost concept of applying the cost-plus approach to product pricing. a.Determine the total manufacturing costs and the cost amount per unit for the production and sale of 200,000 units. b.Determine the product cost markup percentage per unit. Round to two decimal place. c.Determine the selling price per unit. Round to the nearest dollar.

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