Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PowerTrain Sports Inc. manufactures and sells two styles of all-terrain vehicles, the mountain monster in desert dragon, from a single manufacturing facility. The manufacturing facility

PowerTrain Sports Inc. manufactures and sells two styles of all-terrain vehicles, the mountain monster in desert dragon, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per unit information is available for the two products. image text in transcribed
image text in transcribed
image text in transcribed
Mountain 1 Desert Dragon Monster 2 Sales price $5,000.00 $5,275.00 3 Variable cost of goods sold 3,275.00 3,500.00 $1.725.00 $1,775.00 + Manufacturing margin 5 Variable selling expenses 225.00 825.00 6 Contribution margin $1,500.00 $950.00 17 Fixed expenses 485.00 310.00 8 Income from operations $1.015.00 $640,00 In addition, the following sales unit volume information for the period is as follows: Mountain Monster Desert Dragon Sales unit volume 4,900 4.750 Amount Descriptions Contribution margin Contribution margin ratio Cost of goods sold Fixed expenses Gross profit Manufacturing margin Revenues Variable cost of goods sold Variable selling expenses Power Train Sports Inc. Score: 0/78 Contribution Margin by Product Mountain 1 Desert Dragon Monster 2 3 $ 5 6 17

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

Managerial Accounting

Authors: Cataldo Cpa II, Cma Cgma A J

2nd Edition

1634929241, 978-1634929240

More Books

Students also viewed these Accounting questions

Question

1. Give occasional take-home tests.

Answered: 1 week ago