Question
Hamsie Pamsie, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000
- Hamsie Pamsie, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed costs.
The breakeven point in units is:
The correct answer is not listed.
1,600 hams
1,200 hams
1,000 hams
- The number of hams that must be sold to achieve $75,000 of operating income is:
7,500 hams
6,600 hams
8,400 hams
The correct answer is not listed.
- The contribution margin per unit is:
$65,000
$15
$1
The correct answer is not listed.
$2.18
- Topper Table manufactures coffee tables. The following information pertains to the company's normal operations per month:
Output units 30,000 tables
Direct materials per unit $50
Direct manufacturing labor per unit $2
Variable manufacturing overhead costs $161,250
Fixed manufacturing overhead costs $600,000
Product and process design costs $450,000
Marketing and distribution costs $562,500
Topper Table is approached by an overseas customer to fulfill a one-time-only special order for 2,000 units. All cost relationships remain the same except for a one-time setup charge of $20,000. No additional design, marketing, or distribution costs will be incurred. There is no long-run impact of this order on this overseas customer nor on existing customers. What is the minimum acceptable bid price per unit on this one-time-only special order? Topper Table currently has unconstrained capacity. Present your calculations, and explain in the text box below for full grade.
$67.38
$80.85
$111.13
$77.38
The correct answer is not listed.
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