The Bluebird Factory reported $1,000,000 in total revenues and $60,000 total variable costs during the previous year. Required: Compute the contribution margin. O a. $920,000 O b. $980,000 O c. $940,000 d. $960,000 e. $900,000
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- Panda Toys Inc. plans to sell one line of its panda toys for $ 20. The material cost per unit is $4 and unit labor cost is $6. The annual overhead fixed costs are $ 500,000 and the promotion and advertising cost is $100,000. If the unit labor cost is dropped to $ 5, what is the $BEP for the company? O $1,200.000 $1.000.000 O $1,050.000 O $1,300.000 O $1.090.9202. Tom borrowed Php500,000 from her parents to open a spa. He pays her parents a 5% yearly return on the money they lent her. Her other yearly fixed costs equal Php150,000 and his variable costs equal Php200,000. In her first year, Tom had a total of 2,000 customers at a price of Php300/customer. Tom's total fixed cost is 675000 – WRONG ANSCellPeak produces shelving units. The variable cost of each shelving unit comprises of direct materials of $30, direct labor of $7, packaging costs of $7 and variable overheads of $2. CellPeak has fixed overheads of $252513 and sells its shelving units for $75 each. Current sales are 25,000 shelving units per annum. What profit would CellPeak make if the company sold 18,000 shelving units?
- For a firm total revenue is 120000, cost of raw materials is 40000, wages of labor 18000, other expenses are 5000, Total implicit cost is 33000.What is accounting profit. Select one: O a. 68000 Ob. 24000 c. 57000 Od. 87000Metters Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxistand. To help accomplish this, the firm has gathered the following production cost data: Variable costs (per unit) ($) Process type Annualized fixed cost labor material energy Of plant & equip. Intermittent $1,000,000 24 26 20 Mass customization $1,190,000 30 18 12 Repetitive $1,385,000 28 15 11 Continuous $1,660,000 25 15 10 Determine the most economical…The Pery Corporation ecorded the following budgeted and actual information lating to fixed overtead costs for its Z-Line of products Standwd fixed overhead per direct labor hour Standard direct labor hours per unit Budgeted production Budgeted foxed overhead costs $3.00 05 2,860 $4,275.00 Actual production in units Actual fixed overhead costs incumred 4.400 $1,500 00 What is Perry's fxed manufacturing overhead volume vanance? OA S2,325.00 unfavorable OR $2.325 00 tavorable OC S2,775 00 unfavorable OD. $2.775.00 favorable
- Iz01 @ uO 9:0 * ZAIN IQ l. A docs.google.com TU.4¬T IVU TO نقطتان Huawei Company produces mobile phones. Selling Price = $350/unit. Total Fixed expenses = $250,000 per month. Variable expenses $150 per unit. The B.E.P. in [Unit] is 1520 1052 1250 1255 ELä: An IT Proiect with MARR=10% IfAn oil refinery produces one base type of crude oil. The total cost is given by the equation Total Cost, TC = 50,000 +20.2D +0.0001D². The sales price in dollars per barrel is 35. At what level of production in barrels/week is cost/barrel minimum? What is the minimum cost per barrel? What is the maximum weekly profit that the company can make? At what level of production is the maximum weekly1. Direct laborrate: $15.00perhour Production material: $375 per 100 items Factory overhead: 125% of direct labor Packing costs: 75%ofdirectlabor Desiredprofit: 20%oftotalmanufacturing cost use the above information to answer how many units must be sold to achieve a profit of $25,000? [Note that the units sold must account for total production costs (direct and overhead) plus desired profit. 2. A small textile plant was constructed in 2004. The major equipment, costs, and factors are shown below. Estimate the cost to build a new plant in 2014 if the index for this type of equipment has increased at an average rate of 12% per year for the past 10 years. Show work and Select the closest answer. a) $4,618,000 b) $10,623,000 c) $14,342,000 d) $ 14,891,000
- One product has a production cost of $20, packaging costs of $5, shipping cost of $10, and other miscellaneous costs of $20.00. What is the landed cost of this item? O $15.00 O $35.00 O $20.00 O $40.00 O $55.00A company has a production capacity of 1100 units a year and its fixed costs are P60k. The variable cost per unit is P500 & each unit can be sold for P800. What if fixed costs is increased to P75k and the variable costs is reduced by 20%, what is new break-even point in units. A. 198 B. 188 C.178 D. 180Jony furniture store examines its inventory policy and considers using an economic order quantity (EOQ) approach. They have the following information about a table set: Annual demand Current order qu Carrying cost Order cost 3.920 sets 30 sets $80.00/set/year $200 a. What is the current total annual cost (TC) b. What is the economic order quantity (EOQ)? c. What is the total annual cost at the economic order quantity (EOQ)
