Homework Answers
Break-even units = Fixed costs / Contribution margin per unit
Break-even units = ($189,000 + $159,000) / ($40 – $22 – $6)
Break-even units = 29,000 units
Margin of safety in units = Actual sales - Break-even units
Margin of safety in units = 69,000 units - 29,000 units
Margin of safety in units = 40,000 units
Add Answer to:
m With Password Saved Lamar has the following data: Selling price Variable manufacturing cost Fixed manufacturing...
Lamar has the following data: Selling price Variable manufacturing cost Fixed manufacturing cost Variable selling &...
Lamar has the following data: Selling price Variable manufacturing cost Fixed manufacturing cost Variable selling & administrative costs $ Fixed selling & administrative costs 40 22 -6 $168, 000 per month $138, 000 per month How many units must Lamar produce and sell in order to achieve a profit of $48,000 per month? Multiple Choice 19,500 units. 22,000 units. < Prev 8 of 31 Next > %24
Lamar has the following data: Selling Price Variable manufacturing cost Fixed manufacturing cost Vartable selling &...
Lamar has the following data: Selling Price Variable manufacturing cost Fixed manufacturing cost Vartable selling & administrative costs Fixed selling & administrative costs $ 40 $ 22 $150.000 per month $120.000 per month How many units must Lamar produce and sell in order to break-even? O 8.333 units. O 12,500 units O 15.000 units O 22.500 units Search Windows
Rainbow Manufacturing has the following data: Selling price: $140 Variable manufacturing cost: $87 Fixed manufacturing cost...
Rainbow Manufacturing has the following data: Selling price: $140 Variable manufacturing cost: $87 Fixed manufacturing cost $250,000 per month Variable selling & adminstrative costs $22 Fixed selling & adminstrative costs $188,000 per month If Rainbow Manufacturing has actual monthly sales of $2,100,000 and desires an operating profit of $75,000 per month, what is the margin of safety in sales dollars? a. $242,972 b. $154,299 c $75,000 d. $250,000
Saved A manufacturing company that produces a single product has provided the following data concerning its...
Saved A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: 4,250 4,150 100 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ $ $ $ 46 48 11 9 $89,250 $41,500 What is the variable costing unit product cost...
How many units must Lamar produce and sell in order to break-even?
Lamar has the following data: Selling Price $ 40 Variable manufacturing cost $ 22Fixed manufacturing cost $150,000 per month Variable selling & administrative costs $ 6Fixed selling & administrative costs $120,000 per month How many units must Lamar produce and sell in order to break-even?
26 Gaved A manufacturing company that produces a single product has provided the following data concerning...
26 Gaved A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials 4,100 4,000 108 Ded 43 Direct labor $ $ $ 45 Variable manufacturing overhead Variable selling and administrative expense Fixed costs Fixed manufacturing overhead Fixed selling and administrative expense 8 6 $86,100 $40,000 What is the veriable costing unit product...
5 Sales revenue Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative costs Fixed selling...
5 Sales revenue Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative costs Fixed selling and administrative costs $274,000 93,000 67,000 38,000 33,000 What is this company's contribution margin? Multiple Choice o $43.000 $76.000 5114000 $143.000 6 Sales revenue (1,700 units * $19.20 per unit) Cost of goods sold (variable; 1,700 units x $9.20 per unit) Cost of goods sold (fixed) Gross margin Administrative salaries Depreciation Supplies (1,700 units * $1.20 per unit) Net income $ 32,640 (15,640) (3,200)...
Units produced Sale price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling...
Units produced Sale price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 3,500 units 200 per unit 70 per unit 55 per unit 20 per unit $350,000 per year $ 30 per unit $150,000 per year Calculate the unit product cost using absorption costing. Multiple Choice $245 $275
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.05 $3.50 $1.65 $11,000 $1.00 $0.40 $ 5,500 If the selling price is $18.70 per unit, the contribution margin per unit sold is closest to: Multiple Choice o $1.80 o 0 $5.10 $5.10 o 0 $8.15 $8.15 o o $4.30 Rhome Corporation's relevant range of activity is...
A manufacturing company that produces a single product has provided the following data concerning its most...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $ 170 15,400 13,700 1,700 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $446,600 $ 178, 100 What is the total period cost for the month under variable...
Lamar has the following data: Selling price Variable manufacturing cost Fixed manufacturing cost Variable selling & administrative costs $ Fixed selling & administrative costs 40 22 -6 $168, 000 per month $138, 000 per month How many units must Lamar produce and sell in order to achieve a profit of $48,000 per month? Multiple Choice 19,500 units. 22,000 units. < Prev 8 of 31 Next > %24
Lamar has the following data: Selling Price Variable manufacturing cost Fixed manufacturing cost Vartable selling & administrative costs Fixed selling & administrative costs $ 40 $ 22 $150.000 per month $120.000 per month How many units must Lamar produce and sell in order to break-even? O 8.333 units. O 12,500 units O 15.000 units O 22.500 units Search Windows
Saved A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: 4,250 4,150 100 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ $ $ $ 46 48 11 9 $89,250 $41,500 What is the variable costing unit product cost...
26 Gaved A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials 4,100 4,000 108 Ded 43 Direct labor $ $ $ 45 Variable manufacturing overhead Variable selling and administrative expense Fixed costs Fixed manufacturing overhead Fixed selling and administrative expense 8 6 $86,100 $40,000 What is the veriable costing unit product...
5 Sales revenue Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative costs Fixed selling and administrative costs $274,000 93,000 67,000 38,000 33,000 What is this company's contribution margin? Multiple Choice o $43.000 $76.000 5114000 $143.000 6 Sales revenue (1,700 units * $19.20 per unit) Cost of goods sold (variable; 1,700 units x $9.20 per unit) Cost of goods sold (fixed) Gross margin Administrative salaries Depreciation Supplies (1,700 units * $1.20 per unit) Net income $ 32,640 (15,640) (3,200)...
Units produced Sale price Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 3,500 units 200 per unit 70 per unit 55 per unit 20 per unit $350,000 per year $ 30 per unit $150,000 per year Calculate the unit product cost using absorption costing. Multiple Choice $245 $275
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.05 $3.50 $1.65 $11,000 $1.00 $0.40 $ 5,500 If the selling price is $18.70 per unit, the contribution margin per unit sold is closest to: Multiple Choice o $1.80 o 0 $5.10 $5.10 o 0 $8.15 $8.15 o o $4.30 Rhome Corporation's relevant range of activity is...
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: $ 170 15,400 13,700 1,700 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $446,600 $ 178, 100 What is the total period cost for the month under variable...
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 10 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 10 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 10 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 10 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 10 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 10 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 10 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 10 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 10 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 10 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 10 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 10 months ago