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

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

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $330 per pair and cost $260.70 per pair in vañable 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 Denominator: Choose Numerator: Contribution Margin Ratio = Contribution margin ratio
A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $285 per pair and cost $176.70 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
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
A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $295 per pair and cost $188.80 per pair in variable costs to make. (Round your answers to 2 decimal places.) (1) Compute the contribution margin per pair. Contribution margin BEURDURUL (2) Compute the contribution margin ratio. Choose Numerator: 1 Contribution Margin Ratio 7 Contribution margin ratio Choose Denominator: =
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
es A jeans maker is designing a new line of jeans called Slams. Slams will sell for $300 per unit and cost $195.00 per unit in variable costs to make. Fixed costs total $67,500. Note: Round your answers to 2 decimal places. 1. Compute the contribution margin per unit. Contribution margin 2. Compute the contribution margin ratio. Numerator: 7 1 Denominator: 3. Compute income if 6,500 units are produced and sold Income Contribution Margin Ratio Contribution margin ratio 10
Chapter 25 eBook 4 Show Me How Product Cost Method of Product Costing Voice Com, Inc. uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 5,270 cell phones are as follows: Variable costs per unit: Fixed costs: Direct materials $71 Factory overhead $199,500 Direct labor 37 Selling and administrative expenses 70,800 Factory overhead 22 Selling and administrative expenses 22 Total variable cost per unit $152 Voice Com desires a profit egual to a 15% rate of return on invested assets of $601,600. a. Determine the amount of desired profit from the production and sale of 5,270 cell phones. $ 90,240 v b. Determine the product cost per unit for the production of 5,270 of cell phones. Round your answer to the nearest whole dollar. 168 V per unit c. Determine the product cost markup percentage for cell phones. Round your answer to two decimal places. 31 х%
1. Calculate the contribution margin rate, the sales dollar breakeven point, and the unit sales breakeven point. 2. Use the following information to perform your calculations. a. Net Sales: $50,000.00 b. Contribution Margin: $20,000.00 c. Total Fixed Costs: $15,500.00 d. Unit Sales Price: $25.00 3. Provide the formula and write out the equation that you use for each calculation. a. Contribution Margin Rate: b. Sales Dollar Breakeven Point: C. Unit Sales Breakeven Point:
The Weighted Mean2\ If a manufacturer buys 200 units at OMR 5 per unit from one supplier and 500 units at OMR 3 per unit from another, Find the average cost per unit accurately.
Pink has the below data. Determine the WACM %. Your answer should be to the nearest decimal point, for example, 45.2 Budget Clothes Hats Shoes Total Sales 2 500 1 500 3 000 7 000 Variable Costs 1 200 600 1 700 3 500 Contribution Margin 1 300 900 1 300 3 500 Fixed Costs Profit 3 000 500
Assume that the linear cost and revenue models apply. An item costs $13 to make. If fixed costs are $1600 and profits are $5700 when 100 items are made and sold, find the revenue equation. (Let x be the number of items.)R(x) =
what is the Revenue, cost and profit functions for the problem below? Orange Company buys Product A for P15 per units and sells them for P25 per unit. There areno other variable costs. Fixed cost is P6,000. Use the breakeven formula to determine thefollowing:a. Revenue, cost and profit functions.