Calculate rosemary total contribution to company profits

Assignment Help Managerial Accounting
Reference no: EM132576571

Verge, Inc. has two products long dash-Le Cadre and La Bougie. Financial data for both the products follow:

                                                       Le Cadre              La Bougie

Units sold                                       2,000 units               800 units
Sales price per unit                            $700                         $1200
Variable manufacturing cost per unit.   320                            650
Sales commission (% of sales)            7%.                             4 %

Question 1: Verge has two sales representatives long dash-Rosemary Wilson and Maria Blanco. Each representative sold a total of 1,400 units during the month of March. Rosemary had a sales mix of 70%. Le Cadre and 30% La Bougie. Maria had a sales mix of 80% Le Cadre and 20% La Bougie. Based on the above information, calculate Rosemary's total contribution to company profits.

Reference no: EM132576571

Questions Cloud

Calculate the cost of goods sold for July : Calculate the cost of goods sold for July and ending inventory at July 31 using (a) first-in, first-out, (b) last-in, first-out
Review the balance sheet for facebook : Review Item 5 (Dividend Policy) of Facebook's 2015 annual report. Has Facebook ever paid a dividend? Provide the company's reasoning.
Offering construction services for disney : Jack Winters owns a small business, offering construction services for Disney. To save money on his bids, he subcontracts all of painting out to another company
How many linear feet of wicker should the company plan : The expected production in July is 1800 baskets. How many linear feet of wicker should the company plan to buy during June
Calculate rosemary total contribution to company profits : Maria had a sales mix of 80% Le Cadre and 20% La Bougie. Based on the above information, calculate Rosemary's total contribution to company profits.
Determine the total number of units produced during the year : Determine the total number of units produced during the year. The operating income calculated using variable costing and absorption costing amounted
Case involving domestic abuse : Morgan and Dunn JD have hired you to assist with a case involving domestic abuse.
Calculate the predetermine fixed overhead rate : The firm is able to buy a new type of biodegradable plastic at a fixed price of $100 per roll. Calculate the predetermine fixed overhead rate
Forensic labs and certification : From the reading, outline the process of forensic lab accreditation and determine what a laboratory needs to do in order to fulfill the requirements

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd