Homework Answers
Total sales = $240,000 + $160,000 = $400,000
Total contribution = ($240,000 X 50%) + ($160,000 X 30%) = $168,000
Overall contribution margin ratio = $168,000 / $400,000 = 42%
14.
Overall Breakeven point = $100,000 / 42% = $238,095
Option c.
15.
Product A sales = $238,095 X $240,000 / $400,000 = $142,857
Option a.
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Use the following information for the next TWO questions. The following data relate to Winger Company's...
Use the following information for the next TWO questions. The following data relate to Winger Company's...
Use the following information for the next TWO questions. The following data relate to Winger Company's two products: PRODUCT A PRODUCT B Sales $240,000 $160,000 Contribution Margin Ratio 50% 30% Fixed expenses for the company as a whole were $100,000. A. What would the overall breakeven point for the company be? B. At the break even point, Product A sales would be: BE SURE TO PLEASE INCLUDE ALL WORK!
What is the correct answer? 100% Sparrow Company sells three different products that are similar, but...
What is the correct answer?
100% Sparrow Company sells three different products that are similar, but are differentiated by various product features. Budgeted sales by product and in total for the coming year are shown below: Product Standard Deluxe Premium Total Percentage of total sales 48% 20% 32% Sales $240,000 $100,000 $160,000 $500,000 Less: variable costs 72,000 80,000 88,000 240,000 Contribution margin $168,000 $ 20,000 $ 72,000 $260,000 Less: fixed expenses $233,600 Net operating income $ 26,400 If the actual...
Cooper Company sells a product at $50 per unit that has unit variable costs of $20....
Cooper Company sells a product at $50 per unit that has unit variable costs of $20. The company's break-even sales point in sales dollars is $150,000. How much is the fixed costs now? (Hint: The fixed costs is same as the total contribution margin when there is break-even.) Select one: O a. $200,000 O b. $100,000 O c. $90,000 O d. $120,000 Zeus, Inc. produces a product that has a variable cost of $3.00 per unit. The company's fixed costs...
Question 15: Cooper Company sells a product at $50 per unit that has unit variable costs...
Question 15: Cooper Company sells a product at $50 per unit that has unit variable costs of $20. The company's break-even sales point in sales dollars is $150,000. How much is the fixed costs now? (Hint: The fixed costs is same as the total contribution margin when there is break-even.) Select one: O a. $120,000 O b. $100,000 O c. $200,000 O d. $90,000 ge Next page
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format...
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 600,000 360,000 240,000 120,000 120,000 50,000 $ 70,000 North $ 400,000 280,000 120,000 60,000 $ 60,000 South $ 200,000 80,000 120,000 60,000 $ 60,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in...
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format...
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 600,000 360,000 240,000 120,000 120,000 50,000 $ 70,000 North $ 400,000 280,000 120,000 60,000 $ 60,000 South $ 200,000 80,000 120,000 60,000 $ 60,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in...
Data Table The budgets of four companies yield the following information: (Click the icon to view...
Data Table The budgets of four companies yield the following information: (Click the icon to view the budget information for the four companies.) Requirements 1. Fill in the blanks for each company. 2. Compute breakeven, in sales dollars, for each company. Which company has the lowest breakeven point T Company Q R S 625,000 $ 415,625 $ 190,000 125,000 160,000 90,000 130,000 $ $ 645,000 1. Target sales ............. $ Variable expenses Fixed expenses .......... Operating income (loss) $ Units...
The three questions use this case: This month, Candel Gym has sales of $800,000, contribution margin...
The three questions use this case: This month, Candel Gym has sales of $800,000, contribution margin of $320,000, fixed cost of $200,000 and operating profit of $120,000. Q1. What is the breakeven RATIO? ________? The Break-even Sales? $__________________. Use What-If 3-Trials method. Manually sketch your 3 trials in the space provided. Q2. What is the firm’s Operating Risk Ratio? ____________. Margin of safety ratio to sales [ie., safety ratio]? _____ % Q3. What is the firm’s operating leverage number? _________...
Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format...
Piedmont Company segments its business into two regions—North and South. The company prepared the contribution format segmented income statement shown below: Total Company North South Sales $ 600,000 $ 400,000 $ 200,000 Variable expenses 360,000 280,000 80,000 Contribution margin 240,000 120,000 120,000 Traceable fixed expenses 132,000 66,000 66,000 Segment margin 108,000 $ 54,000 $ 54,000 Common fixed expenses 56,000 Net operating income $ 52,000 Required: 1. Compute the companywide break-even point in dollar sales . 2. Compute the...
Product X Product Y Sales in dollars $80,000 $120,0000 Contribution margin ratio 60% 50% If fixed...
Product X Product Y Sales in dollars $80,000 $120,0000 Contribution margin ratio 60% 50% If fixed expenses for the company as a whole are $112,000 and the product mix is constant, what would be the overall break-even point in sales dollar for the company? (make a rounding to the пеагest) a) b) c) d) e) S200,000. $150,000. $100,000. S153,846. None of the above Lnouts ara C25.000.
What is the correct answer?
100% Sparrow Company sells three different products that are similar, but are differentiated by various product features. Budgeted sales by product and in total for the coming year are shown below: Product Standard Deluxe Premium Total Percentage of total sales 48% 20% 32% Sales $240,000 $100,000 $160,000 $500,000 Less: variable costs 72,000 80,000 88,000 240,000 Contribution margin $168,000 $ 20,000 $ 72,000 $260,000 Less: fixed expenses $233,600 Net operating income $ 26,400 If the actual...
Cooper Company sells a product at $50 per unit that has unit variable costs of $20. The company's break-even sales point in sales dollars is $150,000. How much is the fixed costs now? (Hint: The fixed costs is same as the total contribution margin when there is break-even.) Select one: O a. $200,000 O b. $100,000 O c. $90,000 O d. $120,000 Zeus, Inc. produces a product that has a variable cost of $3.00 per unit. The company's fixed costs...
Question 15: Cooper Company sells a product at $50 per unit that has unit variable costs of $20. The company's break-even sales point in sales dollars is $150,000. How much is the fixed costs now? (Hint: The fixed costs is same as the total contribution margin when there is break-even.) Select one: O a. $120,000 O b. $100,000 O c. $200,000 O d. $90,000 ge Next page
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 600,000 360,000 240,000 120,000 120,000 50,000 $ 70,000 North $ 400,000 280,000 120,000 60,000 $ 60,000 South $ 200,000 80,000 120,000 60,000 $ 60,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in...
Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: Sales Variable expenses Contribution margin Traceable fixed expenses Segment margin Common fixed expenses Net operating income Total Company $ 600,000 360,000 240,000 120,000 120,000 50,000 $ 70,000 North $ 400,000 280,000 120,000 60,000 $ 60,000 South $ 200,000 80,000 120,000 60,000 $ 60,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in...
Data Table The budgets of four companies yield the following information: (Click the icon to view the budget information for the four companies.) Requirements 1. Fill in the blanks for each company. 2. Compute breakeven, in sales dollars, for each company. Which company has the lowest breakeven point T Company Q R S 625,000 $ 415,625 $ 190,000 125,000 160,000 90,000 130,000 $ $ 645,000 1. Target sales ............. $ Variable expenses Fixed expenses .......... Operating income (loss) $ Units...
Product X Product Y Sales in dollars $80,000 $120,0000 Contribution margin ratio 60% 50% If fixed expenses for the company as a whole are $112,000 and the product mix is constant, what would be the overall break-even point in sales dollar for the company? (make a rounding to the пеагest) a) b) c) d) e) S200,000. $150,000. $100,000. S153,846. None of the above Lnouts ara C25.000.
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