Territory and Product Profitability AnalysisPipeline Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboards are sold in two regions, East Coast and West Coast. Information about the two surfboards is as follows:Atlantic Wave Pacific PounderSales price$250$200Variable cost of goods sold per unit(93)(92)Manufacturing margin per unit$157$108Variable selling expense per unit(112)(52)Contribution margin per unit$45$56The sales unit volume for the sales territories and products for the period is as follows:Atlantic WavePacific PounderEast Coast West Coast2,86001,4301,430a. Prepare a contribution margin by sales territory report. Compute the contribution margin ratio for each territory. Round contribution margin ratio answers to two decimal places.Pipeline Surfboards Inc.Contribution Margin by TerritoryLine Item DescriptionSales▾✔Variable cost of goods soldManufacturing marginVariable selling expensesEast CoastWest Coast715,000Contribution margin%%Contribution margin ratio

The objective of the question is to prepare a contribution margin by sales territory report and…

Answered: Territory and Product Profitability…

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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View Policies Current Attempt in Progress Cullumber Cap Springs produces and sells water filtration systems for homeowners. Information regarding its three models is shown below. Basic Basic Plus Premium Total Units sold 720 300 180 1,200 Unit selling price $249 $402 $804 Unit variable cost $190 $288 $411 The company's total fixed costs to produce the filtration systems are $184,275. (a) Determine the sales mix as a function of units sold for the three products. The sales mix as a function of units sold eTextbook and Media Save for Later Basic % Basic Plus Premium % Attempts: 0 of 3 used Submit Answer
) A firm makes & sells bikes & boards operating in north and south regions. Bikes Boards Sales price 170 150 VCOGS 120 110 Margin 50 40 VSGA 35 14 CM per unit 15 26 Unit Sales by region and product: North South Bikes 3000 2500 Boards 0 2200 Prepare a contribution margin report by sales region showing CM ratios.
Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboards are sold in two regions, East Coast and West Coast. Information about the two surfboards is as follows: Sales price Variable cost of goods sold per unit Manufacturing margin per unit Variable selling expense per unit Contribution margin per unit Atlantic Wave Pacific Pounder East Coast West Coast The sales unit volume for the territories and products for the period is as follows: 3,440 0 1,720 1,720 Contribution margin ratio Coast to Coast Surfboards Inc. Contribution Margin by Territory Atlantic Wave a. Prepare a contribution margin by sales territory report. Compute the contribution margin ratio for each territory as a whole percent, rounded to two decimal places, if required. % $300 (111) $189 (129) $60 East Coast West Coast $ $ Pacific Pounder $250 (118) $132 (67) $65 % b. What advice would you give to the management of Coast to Coast Surfboards…
Product Profitability Analysis Galaxy Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Conquistador and Hurricane, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: Conquistador Hurricane Sales price $5,000 $3,000 Variable cost of goods sold (3,150) (2,010) Manufacturing margin $1,850 $990 Variable selling expenses (900) (570) Contribution margin $950 $420 Fixed expenses (450) (170) Operating income $500 $250 In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane Sales unit volume 3,300 2,500 a. Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent. Galaxy Sports Inc. Contribution Margin by Product Conquistador Hurricane…
Territory and Product Profitability Analysis Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboards are sold in two regions, East Coast and West Coast. Information about the two surfboards is as follows: Atlantic Wave Pacific Pounder Sales price $350 $300 Variable cost of goods sold per unit (130) (147) Manufacturing margin per unit $220 $153 Variable selling expense per unit (150) (75) Contribution margin per unit $70 $78 The sales unit volume for the territories and products for the period is as follows: East Coast West Coast Atlantic Wave 2,660 1,330 Pacific Pounder 0 1,330 a. Prepare a contribution margin by sales territory report. Compute the contribution margin ratio for each territory as a whole percent, rounded to two decimal places, if required.
Salvador Manufacturing builds and sells snowboards, skis and poles. The sales price and variable cost for each are shown: Salvador Manufacturing data Product Selling price per unit Variable cost per unit Snowboards $320 $170 Skis 400 225 Poles 50 20 Their sales mix is reflected in the ratio 7:3:2. Calculate the following: Contribution margin for Snowboards (based on mix) Contribution margin for Skis (based on mix) Contribution margin for Poles (based on mix) Contribution margin per composite unit
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Product Profitability Analysis Galaxy Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Conquistador and Hurricane, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: Conquistador Hurricane Sales price $6,200 $4,000 Variable cost of goods sold (3,910) (2,680) Manufacturing margin $2,290 $1,320 Variable selling expenses (864) (520) Contribution margin $1,426 $800 Fixed expenses (670) (320) Operating income $756 $480 In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane Sales unit volume 2,700 1,900 Question Content Area a. Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent. Galaxy Sports Inc.Contribution Margin by Productblank…
Product Profitability Analysis Galaxy Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVS), the Conquistador and Hurricane, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: Sales price Variable cost of goods sold Manufacturing margin Variable selling expenses Contribution margin. Sales unit volume Fixed expenses Operating income In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane 1,700 Sales ✓ Variable cost of goods sold Manufacturing margin Variable selling expenses a. Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent. Galaxy Sports Inc. Contribution Margin by Product Contribution margin Contribution margin ratio Conquistador $6,600 (4,160) $2,440 (1,120) $1,320 ✓ ✓ (620) $700 ✓ 2,400 Hurricane $4,000 (2,680) $1,320…
Steinberg Company
PowerTrain Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Mountain Monster and Desert Dragon, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: 1 Mountain Monster Desert Dragon 2 Sales price $5,200.00 $5,300.00 3 Variable cost of goods sold 3,240.00 3,450.00 4 Manufacturing margin $1,960.00 $1,850.00 5 Variable selling expenses 712.00 1,108.00 6 Contribution margin $1,248.00 $742.00 7 Fixed expenses 470.00 320.00 8 Income from operations $778.00 $422.00 In addition, the following sales unit volume information for the period is as follows: Mountain Monster Desert Dragon Sales unit volume 4,800 4,650 a. Prepare a contribution margin by product report. Calculate the contribution margin ratio for each. Refer to the…

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