Viva sells its waterproof phone case for $90 per unit. Fixed costs total $162,000, and variable costs
Question:
Viva sells its waterproof phone case for $90 per unit. Fixed costs total $162,000, and variable costs are $36 per unit. Determine the
(1) Contribution margin per unit and
(2) Break-even point in units.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
1 Computation of contribution margin ratio Perunit 90 Selling priceunit Variable costunit Con...View the full answer
Answered By
Hamza Amjad
Currently I am student in master degree program.from last two year I am tutring in Academy and I tought many O/A level student in home tution.
4.80+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
SBD Phone Company sells its waterproof phone case for $90 per unit. Fixed costs total $162,000, and variable costs are $36 per unit. How will the break-even point in units change in response to each...
-
SBD Phone Company sells its waterproof phone case for $90 per unit. Fixed costs total $162,000, and variable costs are $36 per unit. Determine the (1) Contribution margin ratio (2) Break-even point...
-
SBD Phone Company sells its waterproof phone case for $90 per unit. Fixed costs total $162,000, and variable costs are $36 per unit. Determine the (1) Contribution margin per unit (2) Break-even...
-
The following are comparative financial statements of the Cohen Company for 2006, 2007, and 2008: Additional information: Credit sales were 65% of net sales in 2007 and 60% in 2008. At the beginning...
-
A rigid insulated tank is separated into two rooms by a stiff plate. Room A of 0.5 m3 contains air at 250 kPa, 300 K and room B of 1 m3 has air at 150 kPa, 1000 K. The plate is removed and the air...
-
Coran's Delivery Company and Enright's Express Delivery exchanged delivery trucks on January 1, 2008. Coran's truck cost \($22,000.\) It has accumulated depreciation of \($15,000\) and a fair market...
-
Develop procedures for single-stage and crossflow systems for leaching using a triangular diagram. Hint: Study Section 13.9.
-
Georgia Woods, Inc., manufactures furniture to customers specifications and uses job order costing. A predetermined overhead rate is used in applying manufacturing overhead to individual jobs. In...
-
Use the t.test function to test whether a guinea pig fed OJ has a mean tooth length that differs from 20. Use all the steps of a hypothesis test with reference to the code
-
For the decision tree in Figure 12.13, assume Chance Events E and F are independent. a. Draw the appropriate decision tree and calculate the EVPI for Chance Event E only. b. Draw the appropriate...
-
Compute the missing amounts a through j for the contribution margin income statements below. Company A Company B Number of units sold.... 1,975 Total Per unit Total Per unit Sales .. Variable...
-
Milano Co. manufactures backpacks in two sizes, small and large. The company has total fixed costs of $520,000 per year. Additional data follow. The company is considering buying new equipment that...
-
We want to predict the height of someone given their foot length. To do this, we obtained a random sample of 81 high school students who gave their height and foot length in centimeters. Software was...
-
Kiwi Company produces automobiles. It had budgeted sales and production of 10,000 cars for 2016 at a selling price of $5000 each. The company had budgeted the following costs for 2016: Standard...
-
The FI Corporation s dividends per share are expected to grow indefinitely by 6 % per year. Required: If this year s year - end dividend is $ 8 . 0 0 and the market capitalization rate is 1 0 % per...
-
A sex-selective abortion is an abortion in which a woman terminates a pregnancy merely because of the sex of the fetus, of then because the fetus is a female. This often happens in countries where...
-
What's the difference between the ABC, Target Costing,Balanced Score-card Provide your views with giving numerical examples of applying the three systems.
-
Direct Materials (all materials purchased were used): Standard cost: $6.00 per pound of urn. Total actual cost: $5,600. Standard cost allowed for units produced was $6,000. Materials efficiency...
-
Pisani Dental Clinic is a medium-sized dental service specializing in family dental care. The clinic is currently preparing the budget for the first two quarters of 2012. It still needs to do only...
-
Grace is training to be an airplane pilot and must complete five days of flying training in October with at least one day of rest between trainings. How many ways can Grace schedule her flying...
-
What is the main difference between notes payable and bonds payable?
-
What is the main difference between notes payable and bonds payable?
-
What is the advantage of issuing bonds instead of obtaining financing from the companys owners?
-
Use the following information about an interest rate SWAP contract to answer the following question. Assume for the date count fraction. (Do not round intermediate calculations.) If Bank of America...
-
Question 3 The number securities outstanding selling price The require rate of return Bonds 1,974 $ 1,096 10.08% Preferred stock 5,595 $85.58 19.45% Common Stocks 1,637 $115.52 13.22% Garden Tools...
-
A company manufactures and sells a single product. The variable cost of the product is $2.50 per unit and all production each month is sold at a price of $3.70 per unit. A potential new customer has...
Organizational Behaviour And Work A Critical Introduction 3rd Edition - ISBN: 0199534888 - Free Book
Study smarter with the SolutionInn App