Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Case 1 (60%): Unit Selling Price 1. $640 2. $300 3. (e) Calculate the missing values Unit selling price of thermostat Unit variable costs Total

Case 1 (60%): Unit Selling Price 1. $640 2. $300 3. (e) Calculate the missing values Unit selling price of thermostat Unit variable costs Total monthly fixed costs Units sold ACC2312 ASSIGNMENT: CVP Analysis Unit Variable Costs (f) $85 $32 $190,000 Contribution Margin per Unit (a) $93 $325 4,000 Contribution Margin Ratio Case 2 (40%): Ampco Industries produces and sells a smart thermostat. Information regarding the cost of sales of thermostats during September 2022 is provided below. (b) (d) 25% Prepare a CVP income statement for Ampco Industries for the month of September. Provide total, per- unit, and percent of sales values.
image text in transcribed
ACC2312 ASSIGNMENT: CVP Analysis Case 1(60%) : Calculate the missing values Case 2(40%) : Ampco Industries produces and sells a smart thermostat. Information regarding the cost of sales of thermostats during September 2022 is provided below. Prepare a CVP income statement for Ampco Industries for the month of September. Provide total, perunit, and percent of sales values. ACC2312 ASSIGNMENT: CVP Analysis Case 1(60%) : Calculate the missing values Case 2(40%) : Ampco Industries produces and sells a smart thermostat. Information regarding the cost of sales of thermostats during September 2022 is provided below. Prepare a CVP income statement for Ampco Industries for the month of September. Provide total, perunit, and percent of sales values

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions