{
    "key_pair_value_system": true,
    "answer_rating_count": "",
    "question_feedback_html": {
        "html_star": "",
        "html_star_feedback": ""
    },
    "answer_average_rating_value": "",
    "answer_date_js": "2024-06-29T01:53:47-04:00",
    "answer_date": "2024-06-29 01:53:47",
    "is_docs_available": null,
    "is_excel_available": null,
    "is_pdf_available": null,
    "count_file_available": 0,
    "main_page": "student_question_view",
    "question_id": "4443178",
    "url": "\/study-help\/questions\/theres-2-qustions-share-the-same-informations-please-answer-all-4443178",
    "question_creation_date_js": "2024-06-29T01:53:47-04:00",
    "question_creation_date": "Jun 29, 2024 01:53 AM",
    "meta_title": "[Solved] There's 2 Qustions share the same informa | SolutionInn",
    "meta_description": "Answer of - There's 2 Qustions share the same informations please answer all of them!! 0 Required information [The following infor | SolutionInn",
    "meta_keywords": "s,2,qustions,share,informations,answer,required,information,applies,questions,displayed,below",
    "question_title_h1": "There's 2 Qustions share the same informations please answer all of them!! 0 Required information [The following information applies to the questions displayed below] Burchard",
    "question_title": "There's 2 Qustions share the same informations please answer all of them!!",
    "question_title_for_js_snippet": "There's 2 Qustions share the same informations please answer all of them   0 Required information  The following information applies to the questions displayed below  Burchard Company sold  ' l 0,000 units of its only product for $1100 per unit this year  Manufacturing and selling the product required $310,000 of 'lixed costs  Its per unit variable costs follow  Direct materials 5 4 58 Direct labor 3 58 Variable overhead costs 0 45 Variable selling and administrative costs 6 25 For the next year, management will use a new material, which will reduce direct materials costs to $2 25 per unit and reduce direct labor costs to $135 per unit  Sales, total fixed costs, variable overhead costs per unit, and variable selling and administrative costs per unit will not change  Management is also considering raising its selling price to $20 40 per unit, which would decrease unit sales volume to 38,000 units  Required  1  Compute the contribution margin per unit from  a  using the new material and  b  using the new material and increasing the selling price   Round your answers to 2 decimal places  Sales prioe per unit Variable costs per unit Direct materials Direct labor Uan'able overhead Vanable selling 8  administrative expenses Variable costs per unit Contribution margin per unit Required information In   I i'ie following information applies to the questions dispiayeo' below  Burchard Company sold 40,000 units of its only product for $1100 per unit this year  Manufacturing and selling the product required $310,000 of xed costs  Its per unit variable costs follow  Direct materials $ 4 50 Direct labor 3 50 Variable overhead costs 0 45 Variable selling and administrative costs 0 25 For the next year, management will use a new material, which will reduce direct materials costs to $2 25 per unit and reduce direct labor costs to $135 per unit  Sales, total fixed costs, variable overhead costs per unit, and variable selling and administrative costs per unit will not change  Management is also considering raising its selling price to $20 40 per unit, which would decrease unit sales volume to 38,000 units  2  Prepare a contribution margin income statement for next year with two columns showing the expected results of la  using the new material and  b  using the new material and increasing the selling price  Number ofunits",
    "question_description": "<p><strong>There's 2 Qustions share the same informations please answer all of them!!<\/strong><\/p><p><\/p><figure><div><div><div><img src=\"https:\/\/s3.amazonaws.com\/si.experts.images\/answers\/2024\/06\/667fa16aab278_426667fa16aa7853.jpg\" alt=\"image text in transcribed\"><img src=\"https:\/\/s3.amazonaws.com\/si.experts.images\/answers\/2024\/06\/667fa16ae0523_426667fa16adc5fd.jpg\" alt=\"image text in transcribed\"><\/div><\/div><\/div><\/figure> 0 Required information [The following information applies to the questions displayed below] Burchard Company sold -'-l-0,000 units of its only product for $1100 per unit this year. Manufacturing and selling the product required $310,000 of 'lixed costs. Its per unit variable costs follow. Direct materials 5 4.58 Direct labor 3.58 Variable overhead costs 0.45 Variable selling and administrative costs 6.25 For the next year, management will use a new material, which will reduce direct materials costs to $2.25 per unit and reduce direct labor costs to $135 per unit. Sales, total fixed costs, variable overhead costs per unit, and variable selling and administrative costs per unit will not change. Management is also considering raising its selling price to $20.40 per unit, which would decrease unit sales volume to 38,000 units. Required: 1. Compute the contribution margin per unit from {a} using the new material and [b] using the new material and increasing the selling price. [Round your answers to 2 decimal places] Sales prioe per unit Variable costs per unit Direct materials Direct labor Uan'able overhead Vanable selling 8. administrative expenses Variable costs per unit Contribution margin per unit Required information In_\".I\"i'ie following information applies to the questions dispiayeo' below} Burchard Company sold 40,000 units of its only product for $1100 per unit this year. Manufacturing and selling the product required $310,000 of xed costs. Its per unit variable costs follow. Direct materials $ 4.50 Direct labor 3.50 Variable overhead costs 0.45 Variable selling and administrative costs 0.25 For the next year, management will use a new material, which will reduce direct materials costs to $2.25 per unit and reduce direct labor costs to $135 per unit. Sales, total fixed costs, variable overhead costs per unit, and variable selling and administrative costs per unit will not change. Management is also considering raising its selling price to $20.40 per unit, which would decrease unit sales volume to 38,000 units. 2. Prepare a contribution margin income statement for next year with two columns showing the expected results of la] using the new material and {b} using the new material and increasing the selling price. Number ofunits",
    "transcribed_text": "",
    "related_book": {
        "title": "Cost Management Measuring Monitoring And Motivating Performance",
        "isbn": "1118168879, 9781118168875",
        "edition": "2nd Canadian Edition",
        "authors": "Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook",
        "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/635f99b5717e0_1157.jpg",
        "uri": "\/textbooks\/cost-management-measuring-monitoring-and-motivating-performance-2nd-canadian-edition-1157",
        "see_more_uri": ""
    },
    "free_related_book": {
        "isbn": "1560002042",
        "uri": "\/textbooks\/new-tigers-and-old-elephants-the-development-game-in-the-21st-century-and-beyond-2nd-edition-9781560002048-9781351293426",
        "name": "New Tigers And Old Elephants The Development Game In The 21st Century And Beyond",
        "edition": "2nd\u00a0Edition"
    },
    "question_posted": "2024-06-29 01:53:47",
    "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08",
    "step_by_step_answer": "The Answer is in the image, click to view ...",
    "students_also_viewed": [
        {
            "url": "\/for-the-crate-of-problem-2.105-determine-the-weight-of-34379",
            "description": "For the crate of Problem 2.105, determine the weight of the crate knowing that the tension in cable AC is 2.4kN. Problem 2.105: The crate shown in Figure P2.105 and P2.108 is supported by three...",
            "stars": 3
        },
        {
            "url": "\/study-help\/psychology\/2-elaboration-occurs-when-one-adds-meaning-to-new-information-1984761",
            "description": "2. Elaboration occurs when one adds meaning to new information by connecting with already existing knowledge. In other words, we apply our schemas and draw on already existing knowledge to construct...",
            "stars": 3
        },
        {
            "url": "\/on-january-1-2011-brendan-inc-reports-net-assets-of-165401",
            "description": "On January 1, 2011, Brendan, Inc., reports net assets of $760,000 although equipment (with a four year life) having a book value of $440,000 is worth $500,000 and an unrecorded patent is valued at...",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/consider-the-case-of-kuhn-co-kuhn-co-9856869",
            "description": "Consider the case of Kuhn Co . Kuhn Co . is considering a new project that will require an initial investment of $ 4 million. It has a target capital structure of 4 5 % debt, 4 % preferred stock, and...",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/nonverbal-communication-is-defined-more-broadly-than-we-often-realize-876202",
            "description": "Nonverbal communication is defined more broadly than we often realize. Were there any examples of nonverbal communication (art, use of time, space, silence, touch, etc.) that surprised you? 2. Give...",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/question-19-marks-one-of-the-most-popular-buzzwords-in-1003687",
            "description": "Question 1-9 marks One of the most popular buzzwords in business today is the word \"Kaizen\". It is a Japanese word meaning \"incremental improvement. Kaizen was formalized by the Toyota Production...",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/as-strategic-partners-how-human-resource-managers-approach-change-management-1003663",
            "description": "As strategic partners, how human resource managers approach change management, based on organizational structure, culture? Also, how knowing different functional areas of an organization (e.g.,...",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/per-case-obermeyer-s-initial-production-commitment-is-at-least-1007496",
            "description": "Per case, Obermeyer s initial production commitment is at least 1 0 , 0 0 0 units. To get some more understanding, we\\'ll change this slightly, to 1 2 , 0 0 0 units. Which styles should be produced...",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/using-the-ache-wellmanaged-healthcare-foundations-for-operations-management-and-1010498",
            "description": "Using the ACHE well-managed healthcare foundations for operations management, and the reading from A Comprehensive Guide to Value-Based Care for Primary Care...",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/fanning-moone-what-would-be-the-companys-roi-in-this-1020448",
            "description": "Fanning moone. What would be the company's ROI in this scenario? EXERCISE 11-7 Contrasting Return on Investment (ROI) and Residual Income [L01, L02] Rains Nickless Ltd. of Australia has two divisions...",
            "stars": 3
        }
    ],
    "next_back_navigation": {
        "previous": "\/study-help\/questions\/according-to-lauby-2018-organizations-that-want-employees-to-be-4443177",
        "next": "\/study-help\/questions\/the-manufacturer-of-an-mp3-player-wanted-to-know-whether-4443179"
    },
    "breadcrumbs": [
        {
            "name": "Study help",
            "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers"
        },
        {
            "name": "Business",
            "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business"
        },
        {
            "name": "Accounting",
            "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting"
        },
        {
            "name": "There's 2 Qustions share the same informations please answer all of them!!",
            "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/theres-2-qustions-share-the-same-informations-please-answer-all-4443178"
        }
    ],
    "skill_details": {
        "skill_id": "9",
        "skill_name": "Accounting",
        "parent_id": "1"
    }
}
    }
}