Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

P03-56 Given Data P03-56: ON-THE-GO, INO Selling price per bag Variable cost per bag Expected sales (bags) per year Programmer Executive 70 $ 30 $

P03-56

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Given Data P03-56: ON-THE-GO, INO Selling price per bag Variable cost per bag Expected sales (bags) per year Programmer Executive 70 $ 30 $ 100 40 12,000 8,000 Additional Information: Total company fixed costs for the year $ 819,000 Problem 03-56 ON-THE-GO, INC. Requirement a: Programmer Executive Total PX VX (P-V)X Profit Requirement b Compute the weighted average contribution margin Programmer Sales Total Sales Percentage Weight Weights Executive Sales Total Sales Percentage Weight Contribution Margin Weightecd Average CM Weight Programmer Executive Weighted-average Contribution Margin Compute breakeven Fixed Cost cont. Margin Breakeven total units Breakeven Total Breakeven Weight er case Programmer Executive Total units units units Requirement c Contribution Margin New Weight Weightecd Average CM Programmer Executive Weighted-average Contribution Margin Compute breakeven: Fixed Cost Cont. Margin Breakeven total units Total Breakeven Breakeven Weight per case Programmer Executive Total units units units Given Data P03-56: ON-THE-GO, INO Selling price per bag Variable cost per bag Expected sales (bags) per year Programmer Executive 70 $ 30 $ 100 40 12,000 8,000 Additional Information: Total company fixed costs for the year $ 819,000 Problem 03-56 ON-THE-GO, INC. Requirement a: Programmer Executive Total PX VX (P-V)X Profit Requirement b Compute the weighted average contribution margin Programmer Sales Total Sales Percentage Weight Weights Executive Sales Total Sales Percentage Weight Contribution Margin Weightecd Average CM Weight Programmer Executive Weighted-average Contribution Margin Compute breakeven Fixed Cost cont. Margin Breakeven total units Breakeven Total Breakeven Weight er case Programmer Executive Total units units units Requirement c Contribution Margin New Weight Weightecd Average CM Programmer Executive Weighted-average Contribution Margin Compute breakeven: Fixed Cost Cont. Margin Breakeven total units Total Breakeven Breakeven Weight per case Programmer Executive Total units units units

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

Students also viewed these Accounting questions