FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Required: What if Fisher Company had 10 additional machine hours (cutting) with all other resources held constant?
a. What is the associated total contribution margin? Round the units of A and B to two decimal places, and round intermediate calculations and your final answer to the nearest dollar.
b. What is the incremental benefit per machine hour caused by the additional ten hours, if any?
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- Please show the solution on how to get the answer.arrow_forwardQ3. If sales are $500,000, variable cost are $200,000, and fixed costs are $240,000, what is the contribution margin ratio? Answer: ______________________________________________________________________ Explain your answer: ______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________arrow_forwardSchurz Corporation's management reports that its average delivery cycle time is 29 days, its average throughput time is 13.0 days, its manufacturing cycle efficiency (MCE) is 0.20, its average move time is 0.6 day, and its average queue time is 3.0 days. Required: a. What is the wait time? (Round your answer to 1 decimal place.) b. What is the process time? (Round your answer to 1 decimal place.) c. What is the inspection time? (Round your intermediate calculations and final answer to 1 decimal place.) a b C Wait time Process time Inspection time days days daysarrow_forward
- 19 )arrow_forwardIf fixed costs are $561,000 and the contribution margin per unit is $8.00, what is the break-even point in units if variable costs are decreased by $0.50 a unit? 66,000 74,800 70,125 60,000arrow_forwardA manager must decide between two machines. The manager will take into account each machine's operating costs and initial costs, and its breakdown and repair times. Machine A has a projected average operating time of 131 hours and a projected average repair time of 4 hours. Projected times for machine B are an average operating time of 61 hours and a repair time of 5 hours. What are the projected availabilities of each machine? (Round your answers to 3 decimal places.) Answer is complete but not entirely correct. Availability 0.952 0.945 Machine A Machine Barrow_forward
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