Apple builds three types of computer : General, Standard and Deluxe. Information these three products is...
Apple builds three types of computer : General, Standard and Deluxe. Information these three products is as follows: General Standard Deluxe Total Selling price per unit $500 $800 $3200 Variable cost per unit $200 $300 $1600 Expected unit sales ( annual) 24,000 12,000 4,000 400,000 Sales mix 60 percent 30 percent 10 percent 100 percent Total annual fixed costs are $10,000,000. Assume the sales mix remains the same at all levels of sales. Required: a) Calculate the weighted average unit contribution margin, assuming a constant sales mix. b) What is break- even point? How many units of each computer must be sold to break even? c) How much is the total break-even sales dollars for the company? d) i) Explain what margin of safety ii) Calculate in sales dollars the margin of safety for Apple, assuming projected sales are $18.000,000?
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Apple builds three types of computer : General, Standard and
Deluxe. Information these three products is...
Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Rental price...
Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Rental price per day Variable cost per day Standard $ 70.00 19.60 Deluxe $82.00 24.60 Biscayne's total fixed cost is $33,294 per month. Required: 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers. (Round your "Unit Contribution Margin" answers to 2 decimal places.) Deluxe Standard per Day per Day Unit Contribution Margin Contribution Margin Ratio 2. Which...
Paddleboard Incorporated builds three products: River, Lake, and Ocean. Information for these three products is shown...
Paddleboard Incorporated builds three products: River, Lake, and Ocean. Information for these three products is shown below: River Lake Ocean Total Selling price per unit $310 $260 $270 Variable cost per unit $175 $150 $125 Expected unit sales (annual) 14,000 2,000 4,000 20,000 Sales mix 70% 10% 20% 100% Total annual fixed costs are $760,000. Assume the sales mix remains the same at all levels of sales. (1) a. How many products in total must be sold to break even?...
Multiple Product Break-Even and Net Income Planning Grand Company manufactures and sells the following three products:...
Multiple Product Break-Even and Net Income Planning Grand Company manufactures and sells the following three products: Economy Standard Deluxe Unit sales 10,000 6,000 4,000 Unit sales price $50 $58 $70 Unit variable cost $30 $32 $36 Assume that total fixed cost is $344,400. a. Compute the net income before income tax based on the sales volumes shown above. Economy Standard Deluxe Unit contribution margin Answer Answer Answer Total contribution margin Answer Answer Answer Net income before income tax: $Answer b....
Multiple Product Break-Even and Net Income Planning Grand Company manufactures and sells the following three products:...
Multiple Product Break-Even and Net Income Planning Grand Company manufactures and sells the following three products: Economy Standard Deluxe Unit sales 10,000 6,000 4,000 Unit sales price $49 $57 $69 Unit variable cost $30 $32 $36 Assume that total fixed cost is $354,000. a. Compute the net income before income tax based on the sales volumes shown above. Economy Standard Deluxe Unit contribution margin $ 19 $ 25 $ 33 Total contribution margin 190000 150000 132000 Net income before income...
10 Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: 1.36...
10 Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: 1.36 Rental price per day Variable cost per day Standard $30.00 10.50 Deluxe $38.80 15.20 points eBook Biscayne's total fixed cost is $18,500 per month. Required: 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers. 2. Which model would Biscayne's prefer to rent? 3. Calculate Biscayne's break-even point if the product mix is 50/50. 4. Calculate...
Paddleboard Incorporated builds three products: River, Lake, and Ocean. Information for these three products is shown...
Paddleboard Incorporated builds three products: River, Lake, and Ocean. Information for these three products is shown below: River Lake Ocean Total Selling price per unit $310 $260 $270 Variable cost per unit $150 $125 Expected unit sales (annual) 2,000 4,000 20,000 Sales mix 10% 20% 100% Total annual fixed costs are $760,000. Assume the sal les mix remains the same at all levels of sales. (1) a. How many products in total must be sold to break b. How many...
Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Rental price...
Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Rental price per day Variable cost per day Standard Deluxe $40.00 $46.00 14.40 18.40 moints eBook Biscayne's total fixed cost is $13,120 per month. Hint Print References Required: 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers. 2. Which model would Biscayne's prefer to rent? 3. Calculate Biscayne's break-even point if the product mix is 50/50. 4....
Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Rental price...
Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Rental price per day Variable cost per day Standard Deluxe $70.00 $87.00 25.20 34.80 Biscayne's total fixed cost is $33,294 per month. Required: 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers. 2. Which model would Biscayne's prefer to rent? 3. Calculate Biscayne's break-even point if the product mix is 50/50. 4. Calculate the break-even point if...
Star Company sells three different products that are similar, but are differentiated by various product features....
Star 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: Standard Deluxe Premium Total Percentage of total sales 48% 20% 32% 100% Sales $120,000 $50,000 $80,000 $250,000 Less: variable costs 36,000 40,000 44,000 120,000 Contribution margin $84,000 $ 10,000 $ 36,000 $130,000 Less: fixed expenses $117,000 Net operating income $ 13,000 Calculate the contribution margin ratio for Peak...
Q5. Dersyn Corporation produces and sells two models of vacuum cleaners, Standard and Deluxe. The company...
Q5. Dersyn Corporation produces and sells two models of vacuum cleaners, Standard and Deluxe. The company records show the following monthly data relating to these two products: Standard $150 $120 $16 Deluxe $165 $126 $13 Selling Price per Unit Variable Production Costs Variable Selling Expense per Unit Expected Monthly Sales in Units Total Monthly Fixed Cost (Common to Both) 1,200 600 $15,000 Calculate the break-even in sales dollars for the expected sales mix. Show all your calculations
Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Rental price per day Variable cost per day Standard $ 70.00 19.60 Deluxe $82.00 24.60 Biscayne's total fixed cost is $33,294 per month. Required: 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers. (Round your "Unit Contribution Margin" answers to 2 decimal places.) Deluxe Standard per Day per Day Unit Contribution Margin Contribution Margin Ratio 2. Which...
Multiple Product Break-Even and Net Income Planning Grand Company manufactures and sells the following three products: Economy Standard Deluxe Unit sales 10,000 6,000 4,000 Unit sales price $49 $57 $69 Unit variable cost $30 $32 $36 Assume that total fixed cost is $354,000. a. Compute the net income before income tax based on the sales volumes shown above. Economy Standard Deluxe Unit contribution margin $ 19 $ 25 $ 33 Total contribution margin 190000 150000 132000 Net income before income...
10 Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: 1.36 Rental price per day Variable cost per day Standard $30.00 10.50 Deluxe $38.80 15.20 points eBook Biscayne's total fixed cost is $18,500 per month. Required: 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers. 2. Which model would Biscayne's prefer to rent? 3. Calculate Biscayne's break-even point if the product mix is 50/50. 4. Calculate...
Paddleboard Incorporated builds three products: River, Lake, and Ocean. Information for these three products is shown below: River Lake Ocean Total Selling price per unit $310 $260 $270 Variable cost per unit $150 $125 Expected unit sales (annual) 2,000 4,000 20,000 Sales mix 10% 20% 100% Total annual fixed costs are $760,000. Assume the sal les mix remains the same at all levels of sales. (1) a. How many products in total must be sold to break b. How many...
Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Rental price per day Variable cost per day Standard Deluxe $40.00 $46.00 14.40 18.40 moints eBook Biscayne's total fixed cost is $13,120 per month. Hint Print References Required: 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers. 2. Which model would Biscayne's prefer to rent? 3. Calculate Biscayne's break-even point if the product mix is 50/50. 4....
Biscayne's Rent-A-Ride rents two models of automobiles: the standard and the deluxe. Information follows: Rental price per day Variable cost per day Standard Deluxe $70.00 $87.00 25.20 34.80 Biscayne's total fixed cost is $33,294 per month. Required: 1. Determine the contribution margin per rental day and contribution margin ratio for each model that Biscayne's offers. 2. Which model would Biscayne's prefer to rent? 3. Calculate Biscayne's break-even point if the product mix is 50/50. 4. Calculate the break-even point if...
Q5. Dersyn Corporation produces and sells two models of vacuum cleaners, Standard and Deluxe. The company records show the following monthly data relating to these two products: Standard $150 $120 $16 Deluxe $165 $126 $13 Selling Price per Unit Variable Production Costs Variable Selling Expense per Unit Expected Monthly Sales in Units Total Monthly Fixed Cost (Common to Both) 1,200 600 $15,000 Calculate the break-even in sales dollars for the expected sales mix. Show all your calculations
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