Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

= Current Attempt in Progress Your answer is partially correct. Waterways packages some of its products into sets for home installations. One set (small) sells

image text in transcribed
image text in transcribed
image text in transcribed
= Current Attempt in Progress Your answer is partially correct. Waterways packages some of its products into sets for home installations. One set (small) sells for $78 with variable costs of production for the set at $51. Another set (largel sells for $153 with variable costs of $99. The parts for the $78 set take machine hours to produce. The parts for the $153 set taka 20 machine hours to produce Given the information above, and assuming all of the package sets produced can be sold each month, illustrate the best use of machine hours. (Round answers to 2 decimal places, s. 525.) Small Set Large Set Contribution margin per unit of limited resource The sale is the best use of a limited resource Texthankand Madin 54 PM Current Attempt in Progress The section of Waterways that produces controllers for the company provided the following information 3,900 $10.00 $45.00 Sales for month of February Variable manufacturing cost per unit Sales price per unit Fixed manufacturing overhead cost (per month for controllers Variable selling and administrative expenses per unit Fixed selling and administrative expenses (per month for controllers) $81.000 $3.50 $13.220 Using this information for the controllers, determine the contribution margin ratio the degree of operating leverage the break-even point in dollars, and the margin of safety ratio for Waterways Corporation an this product. Contribution Margin Ratio (Round to decimal places, es 25%) 90 Question 3 of 3 -/3 !!! an Using this information for the controllers determine the contribution margin ratio, the degree of operating leverage, the break-even point in dollars and the margin of safety ratio for Waterways Corporation on this product Contribution Margin Ratio (Round to decimal places, eg 25%) Degree of Operating Leverage (Round to 2 decimal places, es 5.25.) 5 Break event Point in Dollars Margin of Safety Ratio (Round to 1 decimal place, es 5.2%) e Textbook and Media Attempts unlimited Submit

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_2

Step: 3

blur-text-image_3

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

Facilities Managers Reference Management Planning Building Audits Estimating

Authors: Harvey H. Kaiser

1st Edition

0876291426, 978-0876291429

More Books

Students also viewed these Accounting questions