Domestic Exercise 21-7 (Algo) Contribution margin LO A1A jeans maker is designing a new line of jeans called Slams. Slams will sell for $305 per unit and cost $201.30 per unit in variable coststo make. Fixed costs total $67,000.Note: Round your answers to 2 decimal places.1. Compute the contribution margin per unit.Contribution margin2. Compute the contribution margin ratio.Numerator:3. Compute income if 6,400 units are produced and soldIncomeDenominator:Contribution Margin RatioContribution margin ratio0

Businesses can evaluate the profitability of their sales after deducting variable costs with the aid…

Answered: A jeans maker is designing a new line…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter16: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 20E

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Exercise 18-7 (Algo) Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slams. Slams will sell for $310 per unit and cost $207.70 pe unit in variable costs to make. Fixed costs total $66,500. (Round your answers to 2 decimal places.) 1. Compute the contribution margin per unit. Contribution margin 2. Compute the contribution margin ratio. Numerator: Denominator: Contribution Margin Ratio Contribution margin ratio 3. Compute income if 6,300 units are produced and sold Income
Exercise 5-7 (Algo) Contribution margin LO A1 A jeans maker is designing a new line of jeans called Slams. Slams will sell for $310 per unit and cost $207.70 per unit in variable costs to make. Fixed costs total $66,500. Note: Round your answers to 2 decimal places. 1. Compute the contribution margin per unit. Contribution margin 2. Compute the contribution margin ratio. Numerator: 1 3. Compute income if 6,300 units are produced and sold Income Denominator: Contribution Margin Ratio Contribution margin ratio 0
es A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $290 per pair and cost $182.70 per pair in variable costs to make. (Round your answers to 2 decimal places.) (1) Compute the contribution margin per pair. Contribution margin (2) Compute the contribution margin ratio. Choose Numerator: Choose Denominator: = Contribution Margin Ratio Contribution margin ratio = G Check n
27 Computing breakeven sales No-Slip Co. produces sports socks. The company has fixed costs of $91,080 and variable costs of $0.81 per package. Each package sells for $1.80. Requirements 1. Compute the contribution margin per package and the contribution margin ratio. (Round your answers to two decimal places.) 2. Find the breakeven point in units and in dollars using the contribution margin approach.
A jeans maker is designing a new line of jeans called Slams. Slams will sell for $320 per unit and cost $220.80 per unit in variable costs to make. Fixed costs total $65,500. (Round your answers to 2 decimal places.) 1. Compute the contribution margin per unit. Contribution margin 2. Compute the contribution margin ratio. Numerator: Denominator: Contribution Margin Ratio %3D Contribution margin ratio %3D 3. Compute income if 6,100 units are produced and sold Income
Given: Selling Price per Pair is $50 Variable Cost per Pair is $35 Fixed Cost is $125,000 1. Calculate Contribution Margin Per Unit 2. Calculate Contribution Margin Percentage Ratio 3. Calculate Break Even Point 4. Using equation method analyze Revenues, Variable Cost, Contribution Margin, Fixed Cost, and Operating Income when 4,000, 6,000, 10,000, and 11,000 pairs of jeans are sold. 5. How many pairs of jeans must be sold to receive $250,000 Pre Tax? 6. How many pairs of jeans mus be sold to receive $250,000 after tax assuming a tax rate of 30%?
Homework Saved Help Gibson Company makes a product that sells for $33 per unit. The company pays $16 per unit for the variable costs of the product and incurs annual fixed costs of $137,700. Gibson expects to sell 21,100 units of product. Required Determine Gibson's margin of safety expressed as a percentage. (Round your percentage answers to 2 decimal places (i.e., 0.2345 should be entered as 23.45).) Margin of safety %
A jeans maker is designing a new line of jeans called Slams. Slams will sell for $315 per unit and cost $214.20 per unit in variable costs to make. Fixed costs total $66,000. (Round your answers to 2 decimal places.) 1. Compute the contribution margin per unit. Contribution margin 2. Compute the contribution margin ratio. Numerator: Denominator: 3. Compute Income if 6,200 units are produced and sold Income Contribution Margin Ratio Contribution margin ratio 0
Homework Saved Help Stuart Company makes a product that sells for $33 per unit. The company pays $13 per unit for the variable costs of the product and incurs annual fixed costs of $184,000. Stuart expects to sell 22,200 units of product. Required Determine Stuart's margin of safety expressed as a percentage. (Round your percentage answers to 2 decimal places (i.e., 0.2345 should be entered as 23.45).) Margin of safety
esc Par for the Course produces and sells 2,000 sets of golf clubs. Selling price per unit Variable cost per unit Annual fixed cost What is the company's contribution margin per unit? (Round to the nearest cent.) Click Save and Submit to save and submit. Click Save All Answers to save all answers. 1 1 Q A 7 2 W S # 3 X E D $ 4 R % 5 F MacBook Pro T A 6 G $3,000 $1,000 $500,000 C V & Y 7 B H * 00 8 U J N 9 K
ab. ock esc ~ Microhard produces tablets, laptops and televisions. Microhard typically sells 1,000 tablets a year. The tablet information is as follows: Selling price per unit Direct material cost per unit Direct labor cost per unit Total unavoidable allocated overhead How much would Operating Income decrease if Microhard were to eliminate the tablets? DO NOT INCLUDE PARENTHESES OR NEGATIVE SIGNS IN YOUR ANSWER. Click Save and Submit to save and submit. Click Save All Answers to save all answers. ! 1 Q A @ 2 W S $60 $30 $10 $48,000 #M 3 E $ 4 D R % от оро 5 F MacBook Pro < 6 T G & of r 7 Y H * 00 つ

esc Indiana Bones, Inc., produces and sells 2,000 units of a single product, a deluxe dog house: Selling price per unit Variable cost per unit Annual fixed cost What is the company's breakeven point in sales dollars? Round your answer to the nearest whole dollar. Click Save and Submit to save and submit. Click Save All Answers to save all answers. D 7 1 Q A N 2 W S #3 X E D $ 4 R C % olo 5 FA MacBook Pro T < 6 V G of Y 7 H B * 00 8 U $5,000 $1,000 $500,000 P J N C

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