Bellcamp's Juice's Inc. manufacturers and sellls apple and orange juice. Product line data for 2019-2021 are shown below. Apple Juice Gallons (in thousands) Price ($s/gallon) Variable Cost ($/gallon) Total Fixed Costs (thousands) Orange Juice Gallons (in thousands) Price ($s/gallon) Variable Cost ($/gallon) Total Fixed Costs (thousands) 2021 950 $2.87 $1.15 $675 2021 1625 $3.70 $1.93 $924 2020 900 $2.80 $1.09 $600 2020 1700 $3.75 $1.93 $983 2019 850 $2.71 $1.03 $590 2019 1775 $3.80 $1.92 $995
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- X corporation produces a decorative pillow. In 2020, it produced 2,000 units a 1,750 at an average selling price of $75 per unit. The following additional information r corporation for 2020: Beginning inventory Variable manufacturing costs Variable marketing costs Fixed manufacturing costs Administrative expenses, all fixed 0 $20.00 per unit $ 3.00 per unit $ 7.00 per unit $15.00 per unit D) $45 12) What is cost of goods sold using absorption costing? A) $35,000 B) $40,000 C) $47,250 D) $110,000 13) What is contribution margin using variable costing? A) $96,250 B) $91,000 C) $104,000Deco Tiles is a small distributor of marble tiles. Deco identifies its three major activities and cost pools as ordering, receiving and storage, and shipping, and it reports the following details for 2019: (Click the icon to view the details.) For 2019, Deco buys 280,000 marble tiles at an average cost of $3 per tile and sells them to retailers at an average price of $7 per tile. Assume Deco has no fixed costs and no inventories. Data table Activity 1. Placing and paying for orders of marble tiles 2. Receiving and storage 3. Shipping of marble tiles to retailers Cost Driver Number of orders Loads moved Number of shipments Quantity of Cost Driver 500 5,000 2,200 Cost per Unit of Cost Driver $80 per order $60 per load $50 per shipment XCarla Vista Company has the following information available for September 2020. Unit selling price of video game consoles $400 Unit variable costs $240 Total fixed costs $54,400 Units sold 600 Prepare a CVP income statement for the break-even point that shows both total and per unit amounts. CARLA VISTA COMPANYCVP Income StatementFor the Month Ended September 30, 2020 Total Per Unit select an income statement item Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs $enter a dollar amount $enter a dollar amount select an income statement item Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs enter a dollar amount enter a…
- X corporation produces a decorative pillow. In 2020, it produced 2,000 units a 1,750 at an average selling price of $75 per unit. The following additional information r corporation for 2020: Beginning inventory Variable manufacturing costs Variable marketing costs Fixed manufacturing costs Administrative expenses, all fixed 0 $20.00 per unit $ 3.00 per unit $ 7.00 per unit $15.00 per unit D) $45 11) What is cost of goods sold per unit using variable costing? A) $20 B) $23 C) $30 D) $54,000 12) What is cost of goods sold using absorption costing? A) $35,000 B) $40,000 C) $47,250 D) $110,000 13) What is contribution margin using variable costing? A) $96,250 B) $91,000 C) $104,000Marsh microns produces an product and provides the following information for the year 2019: Margin of Safety =P3,75,000 Total Cost=P3,87,500 Margin of Safery = 15,000 units Break Even Sales=5,000 units Find: Selling price per unit and profit.Sheridan Company has the following information available for September 2020. Unit selling price of video game consoles Unit variable costs Total fixed costs Units sold Compute the unit contribution margin. Unit contribution margin eTextbook and Media $400 $320 eTextbook and dedic $25,600 600 Prepare a CVP income statement that shows both total and per unit amounts. SHERIDAN COMPANY CVP Income Statement For the Month Ended September 30, 2020 Total $ S Per Unit
- Prepare CVP income statements. Olsen Company has the following information available for September 2019. Unit selling price of video game consoles $ 400 Unit variable costs $ 275 Total fixed costs $52,000 Units sold 600 Instructions (a) Compute the contribution margin per unit. (b) Prepare a CVP income statement that shows both total and per unit amounts.Frey Auto makes and sells batteries. In 2020, it made 90,000 batteries and sold 54,000 of them, at an average selling price of $65 per unit. The following additional information relates to Frey Auto for 2020 (Click the icon to view the additional information) What is Frey Auto's inventoriable cost per unit using (a) variable costing, and (b) absorption costing? (Round intermediary and final calculations to the nearest cent. $XXXXX) Frey Auto's inventoriable cost per unit using (a) variable costing is COFFEECarla Vista Company has the following information available for September 2020. Unit selling price of video game consoles $400 Unit variable costs $240 Total fixed costs $54,400 Units sold 600 (a)Compute the unit contribution margin. Unit contribution margin $ (b)Prepare a CVP income statement that shows both total and per unit amounts. (c)Compute Carla Vista’ break-even point in units. Break-even point in units units (d)Prepare a CVP income statement for the break-even point that shows both total and per unit amounts.
- Carla Vista Company has the following information available for September 2020. Unit selling price of video game consoles $400 Unit variable costs $240 Total fixed costs $54,400 Units sold 600 (A) Compute the unit contribution margin. Unit contribution margin enter the unit contribution margin (B) Prepare a CVP income statement that shows both total and per unit amounts. CARLA VISTA COMPANYCVP Income StatementFor the Month Ended September 30, 2020 Total Per Unit select an income statement item Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs $enter a dollar amount $enter a dollar amount select an income statement item Administrative ExpensesContribution MarginCost of Goods SoldFixed…X corporation produces a decorative pillow. In 2020, it produced 2,000 units a 1,750 at an average selling price of $75 per unit. The following additional information r corporation for 2020: Beginning inventory Variable manufacturing costs Variable marketing costs Fixed manufacturing costs Administrative expenses, all fixed 0 $20.00 per unit $ 3.00 per unit $ 7.00 per unit $15.00 per unit D) $45 13) What is contribution margin using variable costing? A) $96,250 B) $91,000 C) $104,000Two companies Malcom and Yoda manufacture the similar hand-sanitizing products. The following data for the two companies for the year 2019 are provided below: Malcom ($) Yoda ($) Sales revenue 60,000 72000 Total costs 42,000 48000 Variable Costs 40 % of sales revenue 50% Required: Calculate the Break Even Point (BEP) in dollars of product for each company. Calculate the percentage margin of safety for each company. I if sales of the product in Yoda company are equal to 3,000 units, determine the BEP (in units), and present the Break-even chart. In 2019, company Yoda plans to increase the variable cost by $1 while the fixed cost and the selling price will remain constant. Calculate the number of units to be sold in order to earn the same profit as Malcom in 2019. Based on your answers to parts 1 and 2, Discuss which company has a safer financial position, and why. i need point 4 answer in details please