Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Product Sales Price per Unit Variable Cost per Unit AA $50 $25 BB 45 10 CC 30 15 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $390,000 per year. A. What are total variable costs for Morris with their current product mix?
Q: ABC Corporation has the following information about its single product: Selling Price per unit ₱ 20…
A: Lets understand the basics. Degree of operative leverage indicates the change in net income if…
Q: Reynold's Company has a product with fixed costs of $279,000, a unit selling price of $27, and unit…
A: Contribution margin per unit = Unit selling price - Unit variable costs Break-even sales (units) =…
Q: Payton Industries has fixed costs of $490,000, the unit selling price is $35, and the unit variable…
A: Break even point (BEP): Breakeven is the point where total expenses are equal to total revenue. at…
Q: Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit…
A: Note: The total variable cost dollar amount cannot be computed as the total units sold is missing in…
Q: Wells corporation has the following sales mix for its three products: A,20% B,35%,and C,45%.Fixed…
A: Break-even analysis is a technique used widely by the production management. It helps to determine…
Q: orris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit…
A: Disclaimer: Since you have posted a question with multiple sub-parts, we will solve first three…
Q: COVID 19 Corp. sells two products. Product A sells for $200 per unit, and has unit variable costs of…
A: Selling price per unit: It is the price at which a unit of product is sold in the market. Variable…
Q: LBRL Asia manufactures three lines of heavy equipment for electrical, chemical, and food producers.…
A: We are in this question requires to calculate the sales, variable cost and total contribution margin…
Q: Wells Corporation has the following sales mix for its three products: A, 20%; B, 35%; and C, 45%.…
A: Products Sales mix A 20% B 35% C 45% Breakeven Units = Fixed CostsWeighted-average…
Q: Taylor, Inc. produces only two products, Acdom and Belnom. These account for 60% and 40% of the…
A: Break-even analysis is a technique widely used by the production department. It helps to determine…
Q: Company is planning to produce two products, X and Y. Company is planning to sell 100,000 units of X…
A: Total Sales = (100,000 units x P4) + (200,000 units x P3) = P1,000,000 Total Variable cost =…
Q: Mikasa Co. provides two products, Wood and Plastic. Wood accounts for 60 percent of total sales. The…
A: Break-even analysis is a technique widely used by production management. It helps to determine the…
Q: Friar Corp. sells two products. Product A sells for $112 per unit, and has unit variable costs of…
A: The variable cost is the cost that changes as the level of production increases. The variable cost…
Q: Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit…
A: Given data,
Q: Salvador Manufacturing builds and sells snowboards, skis and poles. The sales price and variable…
A: Break even sales = Fixed costs / Contribution margin ratio
Q: The Hammer Company has the following cost structure: fixed costs of Birr 70,000 per month and…
A: Contribution per unit= Sales- variable cost per unit Profit= (Sales per unit- variable cost per…
Q: What are total variable costs for Morris with their current product mix? Total variable costs $ B.…
A: Breakeven point: Breakeven point is the point at which the company makes no profit nor loss or it is…
Q: Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed…
A: The break-even point (units) refers to the number of total units at which the firm is at no profit…
Q: Home Run Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The…
A: Particulars Bats Gloves Total Sales mix (a) 80% 20% 100% Selling price per unit…
Q: Jungfrau Ltd. produces a single product with a selling price of £20. Variable costs are £5 per unit…
A: Contribution margin per unit = Selling price - Variable costs = £20 - £5 per unit = £15 per unit
Q: ABD Corporation has the following information about its single product: Selling Price per unit ₱20…
A: Selling price per unit P20.00 Less: Variable Costs per Unit P12.00 Unit Contribution Margin…
Q: ABC Inc. manufactures and sells three products (A, B, and C). The sales price and unit variable cost…
A: Break-Even Point: When a product reaches its break-even point, the expenses of manufacturing match…
Q: The XYZ Company has three major products, whose contribution margins are shownbelow in Table 1.1.…
A: When the company sells more than one type of product - break-even point in units is equal to total…
Q: Blossom Co. is considering the introduction of three new products. Per unit sales and cost…
A: Calculate contribution margin per hour A B C Selling price 3.00 5.00 12.00 Variable…
Q: Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit…
A: Given: Product Sales Priceper Unit Variable Costper Unit ContributionMarginPer Unit SalesMix AA…
Q: NUBD Company is planning to produce two products, X and Y. NUBD is planning to sell 100,000 units of…
A: Total sales - X = 100,000*P4 Total sales - X = P400,000 Variable costs -X = P400,000*70% Variable…
Q: The data below relates to ABC company. The company has three products. Product X Product Y…
A: Break even point means where there is no profit no loss. Variable cost means the cost which vary…
Q: Switch Manufacturing Co. builds and sells switch harnesses for glove boxes. The sales price and…
A: The break-even point seems to be the level of activity at which a company's overall revenue equals…
Q: Salvador Manufacturing builds and sells snowboards, skis and poles. The sales price and variable…
A: The breakeven number of units, as the name implies, is the number of units of products or services…
Q: Piper Technology's fixed costs are $1,500,000, the unit selling price is $250, and the unit variable…
A: Desired Sales = (Fixed Cost + Desired Profit)/ Contribution margin per unit Contribution margin per…
Q: Reynold's Company has a product with fixed costs of $264,000, a unit selling price of $24, and unit…
A: Particulars $ Unit variable cost 19 Less: decrease in variable cost 2 Current unit variable…
Q: Felix Company produces a product that has a selling price of $12.00 and a variable cost of $9.00 per…
A: Contribution margin per unit = Selling price - Variable cost Contribution margin ratio =…
Q: Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit…
A: Break-even analysis an important technique used by managers of cost departments to analyze the point…
Q: Swan Company produces its product at a total cost of $43 per unit. Of this amount, $8 per unit is…
A: Markup percentage on variable cost = [($20 + $13)/$30] x 100
Q: Morris Industries manufactures and sells three products (AA, BB, and Sales Price Variable Cost…
A: The break even sales are the sales where business earns no profit no loss during the period. The…
Q: Cartier Corporation currently sells its products for $50 per unit. The company’s variable costs are…
A: The contribution margin is the excess of revenue over variable cost. It indicates the amount…
Q: Calculate the contribution margin per package. $fill in the blank 1 B. Determine the break-even…
A: Breakeven point: Breakeven point is the point at which the company makes no profit nor loss or it is…
Q: Snider Company produces and sells two products: A and B in the ratio of 3A to 5B. Selling prices for…
A: The question is based on the concept of Cost Accounting. As per the Bartleby guidelines we are…
Q: Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit…
A: A. Total variable costs for Morris with their current product mix: Product Sales price per unit…
Q: Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed…
A: Break Even Sales = Fixed Cost/Contribution per unit
Q: Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit…
A: Solution:-A Calculation of total variable cost for Morris with their current product mix as follows…
Q: Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit…
A: Hi student Since there are multiple subparts, we will answer only first three subparts. If you want…
Q: a. Compute the break-even sales (units) for the overall enterprise product, E. units b. How many…
A: MEANING OF BREAK EVEN POINT Break Even point is the level of activity where there is neither profit…
Q: Salvadores Manufacturing builds and sells snowboards, skis and poles. The sales price and variable…
A: We need to calculate the weighted average contribution margin to solve this question by using sales…
Q: Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit…
A: The following computations are done for Morris Corporations.
Q: Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit…
A: Formula;Contribution=Sale price-Variable cost
Q: Vaughn Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its…
A: a. Calculate the weighted average contribution margin ratio:
Q: Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed…
A: At Break Even Point Profit and Loss will be Zero. Break Even Quantity = Fixed Cost/Contribution Per…
Q: Asher Company sells two products—X and Y. Product X is sold for $30 per unit and has a variable cost…
A: Definition: Cost-volume profit analysis: CVP analysis is a tool of cost accounting that measures…
Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows:
Product | Sales Price per Unit |
Variable Cost per Unit |
AA | $50 | $25 |
BB | 45 | 10 |
CC | 30 | 15 |
Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $390,000 per year.
A. What are total variable costs for Morris with their current product mix?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Abilene Industries manufactures and sells three products (XX, W, and ZZ). The sales price and unit variable cost for the three products are as follows: Their sales mix is reflected as a ratio of 4:2:1. Annual fixed costs shared by the three products are $345.000 per year. What are total variable costs for Abilene with their current product mix? Calculate the number of units of each product that will need to be sold in order for Abilene to break even. What is their break-even point in sales dollars? Using an income statement format, prove that this is the break-even point.Salvador Manufacturing builds and sells snowboards, skis and poles. The sales price and variable cost for each follows: Their sales mix is reflected in the ratio 7:3:2. If annual fixed costs shared by the three products are $196,200, how many units of each product will need to be sold in order for Salvador to break even?Manatoah Manufacturing produces 3 models of window air conditioners: model 101, model 201, and model 301. The sales price and variable costs for these three models are as follows: The current product mix is 4:3:2. The three models share total fixed costs of $430,000. Calculate the sales price per composite unit. What is the contribution margin per composite unit? Calculate Manatoahs break-even point in both dollars and units. Using an income statement format, prove that this is the break-even point.
- Manufacturing builds and sells switch harnesses for glove boxes. The sales price and variable cost for each follows: Their sales mix is reflected in the ratio 4:4:1. If annual fixed costs shared by the three products are $1 8840 how many units of each product will need to be sold in order forJj to break even?orris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Product Sales Priceper Unit Variable Costper Unit AA $55 $30 BB 45 15 CC 30 15 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $220,500 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs $fill in the blank e0b38b060fef067_1 B. Calculate the number of units of each product that will need to be sold in order for Morris to break even. Number ofUnits per Product AA fill in the blank e0b38b060fef067_2 BB fill in the blank e0b38b060fef067_3 CC fill in the blank e0b38b060fef067_4 C. What is their break-even point in sales dollars? Break-even point in sales $fill in the blank e0b38b060fef067_5 D. Using an income statement format, prove that this is the…Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Product Sales Priceper Unit Variable Costper Unit AA $45 $30 BB 35 10 CC 35 5 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $189,000 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs $fill in the blank b16d34fd6fb7fb3_1 B. Calculate the number of units of each product that will need to be sold in order for Morris to break even. Number ofUnits per Product AA fill in the blank BB fill in the blank CC fill in the blank C. What is their break-even point in sales dollars? Break-even point in sales $fill in the blank
- Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Product Sales Priceper Unit Variable Costper Unit AA $55 $25 BB 40 10 CC 30 5 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $377,000 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs $fill in the blank 5d1c9104201ef8e_1 B. Calculate the number of units of each product that will need to be sold in order for Morris to break even. Number ofUnits per Product AA fill in the blank 5d1c9104201ef8e_2 BB fill in the blank 5d1c9104201ef8e_3 CC fill in the blank 5d1c9104201ef8e_4 C. What is their break-even point in sales dollars? Break-even point in sales $fill in the blank 5d1c9104201ef8e_5 Feedback A. Determine the composite sales price,…Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Product Sales Priceper Unit Variable Costper Unit AA $45 $30 BB 35 10 CC 35 5 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $189,000 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs $ B. Calculate the number of units of each product that will need to be sold in order for Morris to break even. Number ofUnits per Product AA fill in the blank BB fill in the blank CC fill in the blank C. What is their break-even point in sales dollars? D. Using an income statement format, prove that this is the break-even point. If an amount is zero, enter "0". Income Statement Sales Product AA $fill in the blank Product BB fill in the blank…Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Sales Price Variable Cost Product per Unit per Unit $30 AA $50 BB 35 10 CC 25 15 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $253,500 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs $ B. Calculate the number of units of each product that will need to be sold in order for Morris to break even. Number of Units per Product AA BB C. What is their break-even point in sales dollars? Break-even point in sales $ D. Using an income statement format, prove that this is the break-even point. If an amount is zero, enter "0". Income Statement Sales Product AA Product BB Product CC Total Sales Variable Costs Product AA Product BB Product CC Total Variable Costs $ Contribution Margin Fixed Costs Net Income
- Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Product Sales Priceper Unit Variable Costper Unit AA $55 $25 BB 35 10 CC 35 15 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $344,500 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs B. Calculate the number of units of each product that will need to be sold in order for Morris to break even. Number ofUnits per Product AA BB CC C. What is their break-even point in sales dollars? Break-even point in sales D. Using an income statement format, prove that this is the break-even point. If an amount is zero, enter "0". Income Statement Sales Product AA Product BB Product CC Total Sales Variable Costs Product AA…ABC Inc. manufactures and sells three products (A, B, and C). The sales price and unit variable cost for the three products are as follows: Sales Price Variable Cost Product per Unit- per Unit? A $50 $30 B 404 15 30 10< Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $258, 000 per year. 1. Calculate the number of units of each product that will need to be sold in order for ABC to break even. 2. What is their break-even point in sales dollars? 3. Using an income statement format, prove that this is the break- even point.Morris Industries manufactures and sells three products (AA, BB, and CC). The sales price and unit variable cost for the three products are as follows: Sales Price Variable Cost per Unit $25 Product per Unit AA $50 45 20 35 15 Their sales mix is reflected as a ratio of 5:3:2. Annual fixed costs shared by the three products are $288,000 per year. A. What are total variable costs for Morris with their current product mix? Total variable costs $ B. Calculate the number of units of each product that will need to be sold in order for Morris to break even. Number of Units per Product BB CC AA BB CC C. What is their break-even point in sales dollars? Break-even point in sales $