Clicker Question Paparation Guide: Ch. 6 Cicer questions will be asked in class based on your completion of this prepare d . Example in dass question: What is the answer to Question 1). You will not have time to complete the indust 1. Bryson's resery as the following selected information: Sales Contribution Margin Ratio Revenue $200.000 $100 000 Total Fed Costs $26.000 a) What is Bryson's break-even point in sales dollars for each product line (Root Beer and Butter Beer)? 2. Sleep Corporation manufactures and sells three different types of mattresses. They are referred to as Good Supreme, and ultimate mattresses. Stuffing and fluffing time is limited. More time is required to stuff and fluff the pads used in the Supreme and Ultimate mattresses. Additional information is provided below. Good Supreme Ultimate Sling price S8009 5305 $999.00 Variable costs and expenses 46.80 194.60 Contribution or $33.20 $110.40 $524.00 Stuffing and fluffingtime required a) What is the contribution margin per unit of limited resource for each type of mattress? b) If additional stuffing and fluffing time could be obtained, how should the additional capacity be used? Additional capacity should be used to make mattresses. 3. Meyers & Sons has the following unit sales and cost data for their best-selling product. Note: The following situations In parts a and bare independent of each other. Selling price per unit Variable cost per unit Fixed costs Current units sold $600 $250 $429,600 2,800 units a) Situation A: Meyers & Sons is anticipating a price increase from their suppliers for materials, and instead of raising the selling price of their product, they have purchased additional advertising in an effort to increase their sales. If variable costs increase 10% due to the increased material costs and fored costs increase by $10,000 due to the additional advertising, what is the new amount of units that they need to sell to break-even? shadows where the light is obstructed within the painting. This technique, kn painting since Leonardo da Vinci devel Caravaggio, having created several still included with by Weyers & Sons is considering purchasing additional advertising for $15.000 in an effort to be more compete in the market. What is the change in Net Income the company can expect based on this change in fixed costs, and in they are able to increase their sales to 3.400 units sold? 4. Maverick Company produces basketballs. It incurred the following costs during the year Direct materials Direct labor Fixed manufacturing overhead Variable manufacturing overhead Selling costs $14,850 $25,450 $11,850 $29,550 $21,050 a) What are the total product costs for the company under variable costing? by What are the total product costs for the company under absorption? 5. Harris Come for overhead costs are $4 per unit, and its variable overhead costs are 58 per unit. In the first month of operations, 50,000 units are produced and 46,000 units are sold. Which costing approach will report higher net Incost wie by what amount will net income be different between the two costing methods? Clicker Question Paparation Guide: Ch. 6 Cicer questions will be asked in class based on your completion of this prepare d . Example in dass question: What is the answer to Question 1). You will not have time to complete the indust 1. Bryson's resery as the following selected information: Sales Contribution Margin Ratio Revenue $200.000 $100 000 Total Fed Costs $26.000 a) What is Bryson's break-even point in sales dollars for each product line (Root Beer and Butter Beer)? 2. Sleep Corporation manufactures and sells three different types of mattresses. They are referred to as Good Supreme, and ultimate mattresses. Stuffing and fluffing time is limited. More time is required to stuff and fluff the pads used in the Supreme and Ultimate mattresses. Additional information is provided below. Good Supreme Ultimate Sling price S8009 5305 $999.00 Variable costs and expenses 46.80 194.60 Contribution or $33.20 $110.40 $524.00 Stuffing and fluffingtime required a) What is the contribution margin per unit of limited resource for each type of mattress? b) If additional stuffing and fluffing time could be obtained, how should the additional capacity be used? Additional capacity should be used to make mattresses. 3. Meyers & Sons has the following unit sales and cost data for their best-selling product. Note: The following situations In parts a and bare independent of each other. Selling price per unit Variable cost per unit Fixed costs Current units sold $600 $250 $429,600 2,800 units a) Situation A: Meyers & Sons is anticipating a price increase from their suppliers for materials, and instead of raising the selling price of their product, they have purchased additional advertising in an effort to increase their sales. If variable costs increase 10% due to the increased material costs and fored costs increase by $10,000 due to the additional advertising, what is the new amount of units that they need to sell to break-even? shadows where the light is obstructed within the painting. This technique, kn painting since Leonardo da Vinci devel Caravaggio, having created several still included with by Weyers & Sons is considering purchasing additional advertising for $15.000 in an effort to be more compete in the market. What is the change in Net Income the company can expect based on this change in fixed costs, and in they are able to increase their sales to 3.400 units sold? 4. Maverick Company produces basketballs. It incurred the following costs during the year Direct materials Direct labor Fixed manufacturing overhead Variable manufacturing overhead Selling costs $14,850 $25,450 $11,850 $29,550 $21,050 a) What are the total product costs for the company under variable costing? by What are the total product costs for the company under absorption? 5. Harris Come for overhead costs are $4 per unit, and its variable overhead costs are 58 per unit. In the first month of operations, 50,000 units are produced and 46,000 units are sold. Which costing approach will report higher net Incost wie by what amount will net income be different between the two costing methods