Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Product 2 $180 $130 Product 3 $225 SIOS 20% 10% 1. Weighted Average CM unit and Target Net Income Product 1 SP unit $125 VC

image text in transcribed
image text in transcribed
Product 2 $180 $130 Product 3 $225 SIOS 20% 10% 1. Weighted Average CM unit and Target Net Income Product 1 SP unit $125 VC unit $95 CM unit Sales Mix 70% FC-8516,000 *Use the data above to complete the following: a. CM unit b. Weighted Average CM unit C. BE in Units and BE units for each product d. Required units if a TNI of 8387,000 is desired and required units per product 2. Weighted Average CM ratio and Target Net Income Division A $75,000 $30,000 Division B $50,000 $40.000 Division C $150,000 S105,000 Sales Contribution Margin CM ratio Sales Mix 35% 55% 10% FC = 552,500 *Use the data above to complete the following: a CM ratio b. Weighted Average CM ratio C. BE in Sales dollars and BE sales dollars for each product d. Required sales dollars if a TNI of $441,000 is desired (round up to nearest dolla) and required sales dollars per product (round up to nearest dollar) 3. Contribution margin per unit of Limited Resource a. Data for Charlie Company is shown below. Find the Contribution Margin per Unit of Limited Resource Product Contribution Margin Per Unit $125 $65 Contribution Margin per unit of limited resource Limited Resource (Machine Hours Required) .75 Product A Product B 25 b. "If total machine hours are limited to 1200, what is total contribution margin if they produce only the most profitable product

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

Detecting Accounting Fraud Analysis And Ethics

Authors: Cecil W. Jackson

1st Edition

1292059400, 9781292059402

More Books

Students also viewed these Accounting questions

Question

What do you need to know about your students to motivate them?

Answered: 1 week ago