Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Solve part 3 Waterways Continuing Problem his is a continuation of the Waterways Problem from Chapters 14 through 18) WCP19 Part 1 Waterways has a

image text in transcribed
image text in transcribed
image text in transcribed
Solve part 3
Waterways Continuing Problem his is a continuation of the Waterways Problem from Chapters 14 through 18) WCP19 Part 1 Waterways has a sales mix of sprinklers, valves, and controllers as follows Annual expected sales: Sale of sprinklers Sale of valves Sale of controllers 460,000 units at $26.50 1,480,000 units at $11.20 60,000 units at $42.50 Variable manufacturing cost per unit Sprinklers Valves Controllers $13.96 $ 7.95 $29.75 Fixed manufacturing overhead cost (total) $760,000 Variable selling and administrative expenses per unit Sprinklers Valves Controllers $1.30 $0.50 Fixed selling and administrative expenses (total) $1,600,000 Instructions (a) Determine the sales mix based on unit sales for each product. (b) Using the annual expected sales for these products, determine the weighted-average unit contribution margin for these three products. (Round to two decimal places.) (c) Assuming the sales mix remains the same, what is the break-even point in units for these products? Part 2- Skip Part 3 he section of Waterways that produces controliers for the company provided the following informaticon Sales for month of February: 4,000 Variable manufacturing cost per unit: $9.75 Sales price per unit: $42.50 Fxed manufacturing overhead cost (per month for controllers): $81,000 Faeab Sellng and administrative expenses per unit $3.00 Fixed selling and administrative expenses (per month for controllers): $13,122 Instructions Cperain leverage, the break-even point in dollars, and the margin of safety ratio for Waterways Corporation on this product. o) Using this infomation for the controlers, determine the contrbution margin rato, the degree of

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

Recommended Textbook for

Financial Accounting Information For Decisions

Authors: Robert W. Ingram, Bruce Baldwin

4th Edition

0324069545, 978-0324069549

More Books

Students also viewed these Accounting questions

Question

=+What can you conclude?

Answered: 1 week ago

Question

consider how qualitative data can add value to your research;

Answered: 1 week ago

Question

consider the use of electronically obtained qualitative data;

Answered: 1 week ago