4/13/18

Check my work 4 Required information Part 2 of 4 [The following information applies to the questions displayed below.] Aces Incorporated, a manufacturer of tennis rackets, began operations this year. The company produced 6,000 rackets and sold 4,900. Each racket was sold at a price of $90. Fixed overhead costs are $78,000 per year, and fixed selling and administrative costs are $65,200 per year. The company also reports the following per unit variable costs for the year. Book Direct materials Direct labor 8 Hint Variable overhead Variable selling and administrative expenses 2 Print Compute the cost of ending finished goods inventory reported on the balance sheet using variable costing. References Finished goods inventory under variable costing Direct materials Direct labor Variable overhead Product cost per unit Units in ending FG inventory 1,100 Finished goods inventory reported on balance sheet 13 Compute the contribution margin ratio and fixed costs using the following data. Sales $ 5,000 Variable costs $ 3, 000 Income $ Contribution Margin eBook Sales $ 5,000 Less: Variable cost 3,000 Hint Contribution margin 2,000 Contribution Margin Ratio Numerator : 1 Denominator : Contribution Margin Ratio Print Contribution margin 1 Sales Contribution margin ratio $ 2,000 / $ 5,000 40.0 % Fixed Cost Check my work 18 US-Mobile manufactures and sells two products, tablet computers (60% of sales) and smartphones (40% of sales). Fixed costs are $500,000, and the weighted-average contribution margin per unit is $125. How many units of each act are sold at the break-even point? Skipped Determine the break-even point in units. Numerator: Denominator: Break Even Units eBook Break even units o Determine the number of units of each product that will be sold at the break-even point. Hint Sales mix Number of units to break even Unit sales at break-even poil Tablet computers Smartphones Prin Total units