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Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memoryr chips for electronic toys within a relevant range of 100,800 to 165,600 memoryr chips

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Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memoryr chips for electronic toys within a relevant range of 100,800 to 165,600 memoryr chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Complete the cost schedule below. when computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar. Memoryr chips produced 100,800 128,800 165,600 Total costs: Total variable costs $41,328 d. $| j. all Totalxed costs 46,368 e.l I k.l I Cost per unit HighLowI Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the xed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 040 $151,230 1,390 243,170 2,240 250,830 3. Determine 111a variable cost per unit and the total xed cost. Variable cost: [Round to the nearest dollar.) E per unit Total xed cost: E D b. Based on part (a), estimate the total cost for 1,110 units of production. Total cost for 1,110 units: E Contribution Margin Ratio a. Young Company budgets sales of $960,000, fixed costs of $43,200, and variable costs of $192,000. What is the contribution margin ratio for Young Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Martinez Company is 65%, sales were $507,000, and fixed costs were $247,160, what is the income from operations?Contribution Margin and Contribution Margin Ratio For a recent year, McDonald's Companyowned restaurants had the following sales and expenses [in millions): Sales $41,300 Food and packaging $14,045 Payroll 10,400 :Z'Iccupanc'yr (rent, depreciation, etc.) 9,615 General, selling, and administrative expenses 6,000 $40,060 Income from operations $1,240 Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses. a. What is McDonald's contribution margin? Round to the nearest million. {Give answer in millions of dollars.) b. what is McDonald's contribution margin ratio? CW c. HOW much would income from operations increase if samestore sales increased by $2,500 million for the coming 1,rear, Iwith no change in the contribution margin ratio or xed costs? Round your answer to the closest million. BreakEven Sales and Sales to Realize Income from Operations For the current year ended October 31, Friedman Company:r expects xed costs of $636,000, a unit variable cost of $62, and a unit selling price of $92. a. Compute the anticipated breakeven sales [units]. I3. Compute the sales (units) required to realize income from operations of $14?,000. Brea kEven Sales Currently. the unit selling price of a product is $280, the unit variable cost is $230. and the total xed costs are $640,000. A proposal is being evaluated to increase the unit selling price to $310. a. Compute the current break-even sales (units). I]. Compute the anticipated breakeven sales (units), assuming that the unit selling plice is increased and all costs remain constant. Sales Mix and Break-Even Sales Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The xed costs are $111,000. and the sales mix is ?D% bats and 30% gloves. The unit selling price and the unit variable cost for each product are as follows: Producls llnit Selling Price Unit Variable Cost Bats $40 $30 Gloves 100 60 a. Compute the break-even sales (units) for the overall enterprise product, E. b. How man'llr units of each product, baseball bats and baseball gloves, would be sold at the break-even point? Baseball bats E units l: ) Baseball gloves units

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