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give me the answer and calculation process Multiple Choice Question 77 Coronado Industries can sell all the units it can produce of either lain or
give me the answer and calculation process
Multiple Choice Question 77 Coronado Industries can sell all the units it can produce of either lain or Fancy but not both. Plain has a uit contribution margin of $54 and takes two machine hours to make and Fancy has a unit contribution margin of $57 and takes three machine hours to make. There are 2400 machine hours available to manufacture a product. What should Coronado do? machine h Tha same total profits exist regardless af which product is made. O Make Plain which creates $9 more profit per machine hour than Fancy dues. o Make Fancy which creates $24 more profit per unit than Plain does. O Make Plain because more units can be made and sold than Fancy Multiple Choice Question 115 V product for $7G00 per unit. Variable costs per un for s7600 2017. sales aughn Manufacturing sells its 1/1/15. Production was 20 units per year in 2015-2017. Sales were 20 units in 2015, 16 units in 2016, and 24 units in 2017. Income under absorption costing for 2017 is $7600 $4000, sell selling and administrative $125 Fixed costs overhead, ands are: man acturing, 40an 1800 manu actu ng o 2400 ng and administrative. There was no beginning inventory at re: s 715. Production was 20 unit s 20 units in 2015, $41400 O$2615o. O $33000. O $37600. Multiple Choice Question 45 For Oriole Company, sales is $1500000, fixed expenses are $330000, and the contribution margin per unit is $60. What is the break-even point? $250000 sales dollars O5500 units O $550000 sales dollars 0 25000 units Multiple Choice Question 73 Crane Company has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available: Standard division Premium division Total $1000000 Sales Variable costs Contribution margin = Total fixed costs What is the weighted-average contribution margin ratio? $400000 180000 $220000 $600000 260000 $340000 $300000 8596 o 56% 5096 14% Multiple Choice Question 53 Coronado Industries reported sales of $2400000 last year (120000 units at $20 each), when the break-even point was 96000 units. Coronado's margin of safety ratio is o 20%. O 80%. O 120%. O 25%. Multiple Choice Question 103 5 endan Company sells its product for $80 per unit. During 2016 t produced 60000 units and sold 50000 units there was no beginning overhead, and $90000 selling and administrative expenses. The per unit manufactuing cost under absorption costing is Inventory). Costs per unit are direct mate als $21 selling and admi n3 direct labor $14, and variable over ead 3. F xed costs are: *720000 man facturing $38. s3s $52. O $50 Multiple Choice Question 117 Bramble Curp. sells its product for $7600 per unit. Variable costs per unit are: maiufacturina, $4200, and selling and administrative, $125. Fixed costs are: $18000 mnufacturing uvwerhead, and $24000 seling and adrministrative. There was no beginning inverntury al 1/1/15 Productian was 20 units per year in 2015-2017. Sales were 20 units in 2015, 16 units in 2016, and 21 units in 2017. Income under variable costing for 2017s $20200 O $26600. O $33000. O S31150. Multiple Cholce Question 111 Co' uradu 1 ustnes has the olow ng budgeted sales: January 40000 February S100000 and Mach $60000 40% r the sales are fur cash and 60% are on creut For he c edit sales 50% are Lollected in he rnonth of sale, and 50% the next month. The o al reveipts during March are: expected cash O $60000. $72000 $84000. ico Corporation esti ates its sales at 230000 units in the first quarter and hat sales ill increase by 23000 uri s each quarter over the year. They have, and desire, a 25% ending inventory o finished goods. Each unit sells t r $25 40 6 o he sales are for cash 70% the credit customers pay within the quarter. The remainder is received in the quarter following sale. Each ur quarter ov Multiple Choice Question 103 Production in units for tha third quarter shald he budgeted at 350750 20150. 276000. 201750Step by Step Solution
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