Question

Help Save & Exit Sub 10 Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer: $ 63,260

Solution:

Particular

product

R10L

Product

X96N

Total

Sales

$ 43,000

$ 56,000

$ 99,000

Less: variable expenses

$ 11,980

$ 14,750

$ 26,730

CONTRIBUTION

$ 31,020

$ 41,250

$ 72,270

Contribution Margin Ratio=Contribution/Sales×100

= $ 31,020 / $ 43,000 X100

= 72. 14%

= $ 41,250 / $ 56,000 X 100

= 73.66%

= $ 72,270 / $ 99,000 X 100

= 73%

Fixed expenses

$ 46,180

Breakeven point for entire company

= Fixed expenses/ Contribution Margin Ratio

  = $ 46,180/ 73%

=$ 63,260

Add a comment
Know the answer?
Add Answer to:
Help Save & Exit Sub 10 Newham Corporation produces and sells two products. In the most...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales...

    Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $23,000 and variable expenses of $10,070. Product X96N had sales of $36,000 and variable expenses of $17,660. The fixed expenses of the entire company were $45,980. The break-even point for the entire company is closest to:

  • Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales...

    Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $27,000 and variable expenses of $10,380. Product X96N had sales of $40,000 and variable expenses of $18,430. The fixed expenses of the entire company were $46,020. The break-even point for the entire company is closest to: Multiple Choice $46,020 $80,737 $38,190 $74,830

  • Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales...

    Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $29,000 and variable expenses of $10,580. Product X96N had sales of $42,000 and variable expenses of $18,530. The fixed expenses of the entire company were $46,040. The break-even point for the entire company is closest to: Multiple Choice $41,890 $75,150 $78,034 $46,040

  • Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales...

    Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $28000 and variable expenses of $6440. Product X96N had sales of $22000 and variable expenses of $7560. The fixed expenses of the entire company were $32,710. The break even point for the entire company is closest to: A.). $32,710 B.) $17,290 C.) $45,431 D.) $46,710

  • Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales...

    Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $28,000 and variable expenses of $10,480 Product x96N had sales of $41000 and variable expenses of $18,500. The fixed expenses of the entire company were $46,030. The break-even point for the entire company is closest to: Multiple Choice $79,322 $75,010 $79,362 $46,030 A cement manufacturer has supplied the following data: Tons of cement produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing...

  • Serfass Corporation's contribution format income statement for July appears below: Sales Variable expenses Contribution margin Fixed...

    Serfass Corporation's contribution format income statement for July appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income $369,000 147,600 221,400 55,350 $166,050 The degree of operating leverage is closest to: Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $31,000 and variable expenses of $10,780. Product X96N had sales of $44,000 and variable expenses of $18,470. The fixed expenses of the entire company were $46,060. The break-even point for...

  • O O Question 4 (of 5) 4. Closser Corporation produces and sells two products. In the...

    O O Question 4 (of 5) 4. Closser Corporation produces and sells two products. In the most recent month, Product M50S had sales of $38,000 and variable expenses of $11,480. Product H50G had sales of $51,000 and variable expenses of $17,000. The foxed expenses of the entire compary were $46,130 The break-even point for the entire company is closest to: (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount) O $74,610 O $46,130...

  • Medale Inc. produces and sells two products. Data concerning those products for the most recent month...

    Medale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product 149V $36,000 $12,400 Product Z500 $41,000 $28,410 Sales Variable expenses The fixed expenses of the entire company were $39,100. The break-even point for the entire company is closest to: Multiple Choice O $39,00 $79.910 o O $46.220 The fixed expenses of the entire company were $39,100. The break-even point for the entire company is closest to: Multiple Choice o S39,100 o...

  • Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month...

    Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product Product I49V Z50U $28,000 $33,000 Sales Variable expenses $11,600 $23,170 The fixed expenses of the entire company were $39,180. The break- even point for the entire company is closest to:

  • Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month...

    Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product I49V Product Z50U Sales $ 50,000 $ 55,000 Variable expenses $ 13,800 $ 27,150 The fixed expenses of the entire company were $39,040. The break-even point for the entire company is closest to:

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT