Zeke Company sells 25,500 units at $18 per unit. Variable costs are $8 per unit, and fixed costs are $36,700. The contribution margin ratio (rounded to the nearest whole percent) and the unit contribution margin, respectively, areO a. 56% and $10 per unitO b. 1% and $18 per unitO c. 1% and $8 per unitO d. 56% and $18 per unit

Unit contribution margin = Selling price per unit - Variable cost per unitCcontribution margin ratio…

Answered: Zeke Company sells 25,500 units at $18…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 2BE: Contribution margin Waite Company sells 250,000 units at 120 per unit. Variable costs are 78 per...

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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.
Suppose that a company has fixed costs of $11 per unit and variable costs $6 per unit when 11,000 units are produced. What are the fixed costs per unit when 20,000 units are produced?
Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost data represents average cost per unit for 15,000 units of production. Using the cost data from Rose Company, answer the following questions: If 10,000 units are produced, what is the variable cost per unit? If 18,000 units are produced, what is the variable cost per unit? If 21,000 units are produced, what are the total variable costs? If 11,000 units are produced, what are the total variable costs? If 19,000 units are produced, what are the total manufacturing overhead costs incurred? If 23,000 units are produced, what are the total manufacturing overhead costs incurred? If 19,000 units are produced, what are the per unit manufacturing overhead costs incurred? If 25,000 units are produced, what are the per unit manufacturing overhead costs incurred?
Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings total annual fixed costs are 38,400. If operating income last year was 28,800, what was the number of units Starling sold? a. 4,800 b. 6,400 c. 5,600 d. 11,200
Baxter Company has a relevant range of production between 15,000 and 30,000 units. The following cost data represents average variable costs per unit for 25,000 units of production. Using the costs data from Rose Company, answer the following questions: A. If 15,000 units are produced, what is the variable cost per unit? B. If 28,000 units are produced, what is the variable cost per unit? C. If 21,000 units are produced, what are the total variable costs? D. If 29,000 units are produced, what are the total variable costs? E. If 17,000 units are produced, what are the total manufacturing overhead costs incurred? F. If 23,000 units are produced, what are the total manufacturing overhead costs incurred? G. If 30,000 units are produced, what are the per unit manufacturing overhead costs incurred? H. If 15,000 units are produced, what are the per unit manufacturing overhead costs incurred?
Zeke Company sells 24,600 units at $15 per unit. Variable costs are $7 per unit, and fixed costs are $38,500. The contribution margin ratio (rounded to the nearest whole percent) and the unit contribution margin, respectively, are O a. 2% and $15 per unit Ob. 53% and $15 per unit O c. 2% and $7 per unit O d. 53% and $8 per unit
Zeke Company sells 24,500 units at $15 per unit. Variable costs are $7 per unit, and fixed costs are $36,300. The contribution margin ratio (rounded to the nearest whole percent) and the unit contribution margin are a. 53% and $15 per unit, respectively b. 1% and $15 per unit, respectively c. 53% and $8 per unit, respectively d. 1% and $7 per unit, respectively
Zeke Company sells 25,900 units at $18 per unit. Variable costs are $8 per unit, and fixed costs are $34,600. The contribution margin ratio and the unit contribution margin, respectively, are a.56% and $10 per unit b.1% and $8 per unit c.56% and $18 per unit d.1% and $18 per unit
Willie Company sells 39,000 units at $21 per unit. Variable costs are $14.70 per unit, and fixed costs are $76,200. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operations
Harry Company sells 37,000 units at $44 per unit. Variable costs are $36.52 per unit, and fixed costs are $96,900. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) per unit C. Operating income
Ferrante Company sells 26,000 units at $12 per unit. Variable costs are $10.08 per unit, and fixed costs are $19,500. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) fill in the blank 1 % b. Unit contribution margin (Round to the nearest cent.) $fill in the blank 2 per unit c. Income from operations $fill in the blank 3
United Merchants Company sells 18,000 units at $25 per unit. Variable costs are $19.25 per unit, and fixed costs are $54,900. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) c. Operating income % per unit

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