cost accounting; The manager  of Dukey's Shoe Station estimates operating costs for the year will include $495,000 in fixed costs. Required; a. Find the break-even point in sales dollars with a cotribution margin ratio of 40 percent.   b. Find the break-even point in sales dollars with a contribution margin ratio of 20 percent

Q: .  Young Company budgets sales of $830,000, fixed costs of $14,900, and variable costs of $66,400.…

A: For Part a.Contribution Margin Ratio = Sales - Variable costsSalesFor Part b.Income from Operations…

Q: Cullumber Company's break-even point in sales dollars is $650,000. Assuming fixed costs are…

A: Sales revenue needed to earn target net income = (Fixed costs + target net income) / Contribution…

Q: ales (54,600 units @ $34) $1,856,400 Total variable cost 1,064,700 Contribution margin $ 791,700…

A: At break-even point, net is $0. So the contribution margin is equal to the total fixed cost.

Q: a.  Young Company budgets sales of $1,040,000, fixed costs of $53,800, and variable costs of…

A: Contribution margin refers to the amount that the company earned from selling goods more than its…

Q: Erin Shelton, Inc., wants to earn a target profit of $850,000 this year. The company's fixed costs…

A: Hi student Since there are multiple subparts, we will answer only first three subparts. Breakeven…

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Q: Drake Company produces a single product. Last year's income statement is as follows: Sales (21,000…

A: Break even point is the units sold at which the company is in no-profit, no-loss situation. This…

Q: Eddie Barzoon Inc. produces a variety of products. One division makes extremely realistic Halloween…

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A: Solution : Given Sales unit 50000 Product cost per unit 75 General ,administrative…

Q: Young Company budgets sales of $1,210,000, fixed costs of $68,100, and variable costsof $302,500.…

A: Contribution margin ratio (%)=Contribution marginBudgeted sales×100

Q: . Eddie Barzoon Inc. produces a variety of products. One division makes extremely realistic…

A: Part a)  Contribution per unit = contribution/units = $6864000/65000 = $105.60 Break even point =…

Q: Protest Industries produces only one product. The following revenues and cost have been estimated…

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Q: Katayama Company produces a variety of products. One division makes neoprene wetsuits. Thedivision’s…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: In the current year, Comfy Couch Company expected to sell 11,300 leather sofas. Fixed costs for the…

A: Formula: Margin of safety units = Total sales units - Break even sales units

Q: Protest Industries produces only one product. The following revenues and cost have been estimated…

A: Cost Accounting is a study of cost estimation and utilization in the manufacturing processes. It is…

Q: Aldean Company wants to use absorption cost-plus pricing to set the selling price on a new product.…

A: Required return = Operating assets x ROI = 180000*18% = $32,400 Fixed manufacturing overhead per…

Q: Markham Farms reports the following contribution margin income statement data for the month of…

A: Variable cost means the cost which vary with the level of output and fixed cost means the cost which…

Q: a. Young Company budgets sales of $1,120,000, fixed costs of $55,400, and variable costs of…

A: Contribution margin = sales - variable costs = $1120000-246400 = $873,600

Q: Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of…

A: Determine the contribution margin ratio for Young Company.

Q: Diving Wear Ltd makes neoprene wetsuits. The company’s projected income  statement for the coming…

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Q: (A) Explain in detail the meaning of Contribution Margin. (B) Robeson Company estimates it will…

A: Part A:  The contribution margin is also known as dollar contribution per unit. It is calculated as…

Q: The manager of Dukey's Shoe Station estimates operating costs for the year will include $465,000 in…

A: Breakeven sales is that level of sales revenue at which business is only recovering it's fixed costs…

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A: Cost volume profit analysis is the technique used by management for decision-making. The methods…

Q: For the current year, Power Cords Corp. expected to sell 40,400 industrial power cords. Fixed costs…

A: Margin of safety % = [current sales units - Break even sales units]/Current sales in Units

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A:

Q: In the current year, Becker Sofa Company expected to sell 12,000 leather sofas. Fixed costs for the…

A: 1. Break Even Point= Fixed cost/Contribution Per unit   2. Margin of Safety units= Total Sales-Break…

Q: [The following information applies to the questions displayed below.] Astro Company sold 22,500…

A: In order to determine the contribution margin per unit, the variable cost per unit are required to…

Q: [The following information applies to the questions displayed below.] Astro Company sold 22,500…

A: The contribution margin is calculated as difference between sales and variable costs.  The break…

Q: iktok Company distributes a lightweight lawn chair that sell for P150 per unit. Variable costs are…

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Q: Head-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Unit variable…

A: Break-even analysis is a technique widely used by the production department. It helps to determine…

Q: [The following information applies to the questions displayed below.] Astro Company sold 22,500…

A: The break even point is the point at which the total cost and total revenue are equal, which means…

Q: rating income at a volume of 12,000 units per month with the new cost                  structure.…

A:

Q: a.  Yountz Company budgets sales of $1,130,000, fixed costs of $68,600, and variable costs of…

A: A.)  Given :  Sales-1,130,000 Variable costs- $305,100 Contribution Margin= Sales - Variable Costs…

Q: For the past year, Cline Company had fixed costs of $6,552,000, a unit variable cost of $444, and a…

A: SOLUTION BREAK EVEN SALES (IN UNITS) = FIXED COST / CONTRIBUTION PER UNIT.

Q: Cost-Volume-Profit Chart For the coming year, Loudermilk Inc. anticipates fixed costs of $600,000, a…

A: Cost Volume Chart: It  is a graphical representation of the cost-volume-profit analysis and provide…

Q: For the current year, Power Cords Corp. expected to sell 40,700 industrial power cords. Fixed costs…

A: The amount of revenue that can be lost before a company has reached its breakeven point is referred…

Q: Calculate the total variable cost per unit. 2. Calculate the total fixed expense for the year. 3.…

A: Variable costs are those costs which change in same proportion as level of activity increases or…

Q: For the coming year, Cleves Company anticipates a unit selling price of $80, a unit variable cost of…

A: Formula: Break even sales units = Fixed cost / unit Contribution margin

Q: In the current year, Becker Sofa Company expected to sell 12,000 leather sofas. Fixed costs for the…

A: The break even sales are the sales where business earns no profit no loss. The Margin of safety is…

Q: Explain in detail the meaning of Contribution Margin.

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Johnson Marine has the following costs and expected sales for the coming year. Johnson is…

A: Cost per unit can be calculated by dividing the total cost of the product by the total number of…

Q: The managet of Dukey' s Shoe Station Estimates operating costs for the year will include $450,000 in…

A: Break-even point in sales dollars = Fixed costs/Contribution margin ratio Sales dollars required to…

Q: Seabold Interiors sold 18,400 yards of wallpaper last year at a contributionmargin of $3.50 per yard…

A: Contribution margin: It is the difference between the sale value and the variable cost. When we…

Overheads

In cost accounting, overhead refers to those expenses which occur during the operating of a business. Overhead includes the fixed, variable, or semi-variable which is not directly involved with a company product or service. It is very important to analyze overhead expense as it helps the company in determining how much a company must charge for its products and services so that they can generate profit.  Overhead expenses depend upon the nature of the business operations.