Answered: Identify a sensible selling price for a…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A company’s product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin per unit?A. $40B. $60C. $90D. $150
Kingsland Metalworks manufactures custom chairs and ships them to customers using UPS. Assume stable shipping prices. Which two terms describe the cost of shipping these chairs?a. Variable cost and product costb. Variable cost and period costc. Fixed cost and product costd. Fixed cost and period cost
A bag has a cost of 400 and a mark up rate base on cost of 25%. What is the selling price, mark up and mark up rate based on selling price? Please answer it completely.
Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio: E (Click the icon to view the table.) Compute the missing information, starting with scenario A, then for scenarios B and C. (Enter the contribution margin ratio to nearest percent, X%.) A Number of units 1,510 units Sale price per unit $ 1,600 Variable costs per unit 1, 120 Calculate: Contribution margin per unit Total contribution margin Contribution margin ratio Data Table A Number of units 1,510 units 14,390 units 2,450 units Sale price per unit 1,600 $ 4.400 5,000 Variable costs per unit 1,120 880 3,750 Calculate: Contribution margin per unit Total contribution margin Contribution margin ratio Print Done Enter any number in the edit fields and then click Check Answer. parts remaining Clear All Final Check
Assume the following (1) selling price per unit = $30, (2) variable expense per unit = $18, and (3) total fixed expenses = $31,800. Given these three assumptions, the unit sales needed to achieve a target profit of $11,700 is: Multiple Choice O O 3,625 units. 15,325 units. 58,825 units. 43,500 units.
Compute breakeven sales. (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) Breakeven sales eTextbook and Media Save for Later (b2) S What is Pharoah's margin of safety? Margin of safety $
Answer it as early as possible?
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A company is considering two alternative technologies for manufacturing a product. The cost data are shown below. Fixed Cost Variable Cost The breakeven volume is More than 400 units A $10,000 $30/unit Less than or equal to 200 units B $25,000 $5/unit More than 300 but less than or equal to 400 units O None of the options More than 200 but less than or equal to 300 units
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answer msut be correct or i will give down vote A quantity of 15 units give a profit of Sh. 3, 875 for a commodity. For a quantity of 35 units, the profit is Sh. 9375. Given that the variable cost is Sh. 125, calculate the fixed cost.
not use ai please

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Identify a sensible selling price for a cup of coffee with a food cost of $0.67 and overhead costs of $2.12