Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Wintu Manufacturing makes carved wooden mallard hens and their ducklings. For every hen the firm sells, it also sells three ducklings. The following are the

image text in transcribed

Wintu Manufacturing makes carved wooden mallard hens and their ducklings. For every hen the firm sells, it also sells three ducklings. The following are the company's revenues and costs. WINTU MANUFACTURING REVENUE AND COST INFORMATION ABOUT PRODUCTS SOLD Hens Ducklings Selling Price $ 14.00 $ 8.00 Variable Costs 4.00 2.00 Fixed costs each month are $12,000, REQUIRED: (1) (2) Compute the weighted average contribution margin for the company. Round your answer to the nearest cent (two decimal places). Compute the break even point per month in units and sales dollars for each type of product the company sells. Round all unit calculations up to the next whole unit and all dollar calculations up to the next whole dollar. If the company desires to earn $25,000 per month in profit before tax, how many hens and ducklings must it sell? Round all unit calculations up to the next whole unit. If the company requires a $20,000 after tax profit be earned per month and the company is in a 25% tax bracket, how much revenue for each product is required to achieve this objective? Round all unit calculations up to the next whole unit and all dollar calculations up to the next whole dollar

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions