Please help me James' Rockers Co. manufactures two models, Standard and Premium. Weekly demand is 180 units of the Standard Model and 100 units of the Premium Model. The following per unit data apply:Selling price per unitVariable expenses per unitTotal fixed expenses per unitNumber of machine hours required per unitO 140 units of Standard and 80 units of PremiumO 150 units of Standard and 75 units of PremiumStandardO 180 units of Standard and 60 units of PremiumO 200 units of Standard and 50 units of Premium$40$22Machine hours are the constrained resource. There are only 600 machine hours available per week. How many units of each model should James produce per week in order to maximize profits?$122Premium$60$40$44

The contribution margin is the difference between the sales and variable costs. The net income is…

Answered: James' Rockers Co. manufactures two…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 5EA: Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost...

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Jamison Company uses the total cost method of applying the cost-plus approach to product pricing. Jamison produces and sells Product X at a total cost of $1,500 per unit, of which $1020 is product cost and $480 is selling and administrative expenses. In addition, the total cost of $1,500 is made up of $850 variable cost and $650 fixed cost. The desired profit is $210 per unit. Determine the markup percentage on total cost. %
Wildflower Inc. sells three products-J, K and L. Here are data regarding the three products: Annual customer demand, in units Selling price, per unit Variable costs, per unit Direct labor hours to produce one unit $85 per hour O $90 per hour O $95 per hour O $105 per hour Product J 525 units $660 $280 4 hours None of the above Product K 450 units $940 $515 5 hours Product L 600 units Wildflower's current capacity is 3,000 direct labor hours per year. How much should Wildflower be willing to pay per direct labor hour to acquire additional capacity? $370 $160 2 hours
Jamison Company uses the total cost method of applying the cost-plus approach to product pricing. Jamison produces and sells Product X at a total cost of $1,200 per unit, of which $820 is product cost and $380 is selling and administrative expenses. In addition, the total cost of $1,200 is made up of $680 variable cost and $520 fixed cost. The desired profit is $180 per unit. Determine the markup percentage on total cost.fill in the blank 1 %
Wren Co. manufactures and sells two products with selling prices and variable costs as follows: A) selling price $18.00, variable costs $12.00, and B) selling price $22.00, variable costs $14.00. Wren's total annual fixed costs are $38,400. Wren sells four units of A for every unit of B. If operating income was $28,800 what was the number of units Wren sold?
Krispies Ltd manufactures and sells three products which have the following revenue and costs per unit: Snap Crackle PopSelling price per unit snap: R15 crackle: R20 pop: R12Variable cost per unit snap: R10 crackle:1R3 pop: R6Fixed cost per unit snap: R2 crackle: R3 pop: R2 Unit fixed costs are based on the following sales volumes:Snap – 15 000 unitsCrackle – 12 000 unitsPop – 30 000 units Required:Calculate the aggregate break‐even units and sales for Krispies Ltd.Round to two decimals.
lacob Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $153.00 per unit. Sales volume (units) Cost of sales Selling and administrative costs The best estimate of the total contribution margin when 13,360 units are sold is: Multiple Choice O O $755,310 $641,280 $338,770 $430,850 12,400 $ 954,800 $ 688,000 13,590 $ 1,046,430 $ 721,320
Company produces and sells four products: A, B, C, and D. The following data relate to its four products: A B C D Daily demand in units 90 50 80 70 Selling price per unit $80 $110 $120 $100 Direct material per unit $15 $35 $30 $25 Direct labor per unit $18 $25 $20 $30 Fixed cost per unit $20 $10 $18 $28 Other variable cost per unit $5 $5 $5 $5 Labor time in minutes per unit 10 20 15 12 There are total of 2,700 minutes available per day. University Company Uses the traditional method for scarce resource maximization. Problem 5.3 How many units of product D should be produced each day?
Bridgeport Company manufactures and sells two products. Relevant per-unit data concerning each product follow: Selling price Variable costs Machine hours Product Basic $43.00 $19.00 0.50 Show Transcribed Text Calculate the contribution margin per machine hour for each product. Question Part Score Contribution margin per machine hour $ Basic eTextbook and Media Deluxe Deluxe $52.00 $23.30 Bridgeport should manufacture the Basic 0.70 If 1,800 additional machine hours are available, which product should Bridgeport manufacture? - Show Transcribed Text Total contribution margin $ Basic Prepare an analysis showing the total contribution margin if 1,800 additional hours are: (1) Divided equally between the products. product. $ Deluxe Total contribution margin $ (2) Allocated entirely to the product identified in part (b).
Hunter Ltd sells a unique product with the following information available: Sales price $85 per unit Variable costs $25 per unit Fixed Costs $10,000 Units produced and sold 1,250 If one more unit is sold, net income will:
Pursuit Company produces two products: Bric and Brac. The following table summarizes the products' details and planned unit sales for the upcoming period: Bric : Sellingpriceperunit.............$25. Variablecostperunit $14. Planned unit sales volume . . . . . . 800,000 Brac: Sellingpriceperunit............. $30 Variablecostperunit $17. Planned unit sales volume. 400,000 Pursuit Company has total fixed costs of $ 10 million and faces a tax rate of 30% . (a)What is Pursuit Company's expected profit at the planned level of sales? (b)Assuming a constant sales mix, what are the unit sales of Bric and Brac required for Pursuit Company to break even? (c) Assuming a constant sales mix, what are the unit sales of Bric and Brac required for Pursuit Company to earn an after - tax income of $ 910,000?
Bright Force Inc. produces and sells lighting fixtures. An entry light has a total cost of $90 per unit, of which $50 is product cost and $40 is selling and administrative expenses. In addition, the total cost of $90 is made up of $55 variable cost and $35 fixed cost. The desired profit is $20 per unit. Determine the markup percentage on product cost. Round the answer to nearest whole number.
Soft Co. makes and sells two types of products, X and Y. Data concerning these products are as follows:

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