Calculate the contribution margin per hand painted lamp

Assignment Help Accounting Basics
Reference no: EM133029481

Question - North Sydney Ltd sells hand painted lamps at an average price per unit of $70. Variable manufacturing costs are estimated to be $30 per unit. Fixed costs are expected to amount to $160,000 per year.

Required -

1. Calculate the contribution margin per hand painted lamp.

2. Calculate the contribution margin ratio per hand painted lamp.

3. Calculate the break-even point in sales dollars.

4. If the company's fixed costs reduce what will happen to the break-even point calculated above in (3)?

Reference no: EM133029481

Questions Cloud

What amount of unrealized gain should be reported : The cost of these securities was P200,000, P1,500,000, and P3,000,000, respectively. What amount of unrealized gain should be reported
Discuss the possible consequences for an organization : Discuss the possible consequences for an organization that does not use sound performance expectations as part of its performance management strategy.
BUS 2275 International Business Assignment : BUS 2275 International Business Assignment Help and Solution, Lethbridge College - Assessment Writing Service - Describe their attitude toward time, work
Achieving strategy of larger organization : Given the HR Strategy overview listed below, what are the limitations or problems with having an H.R. strategy connected to the strategy of the larger organizat
Calculate the contribution margin per hand painted lamp : Question - North Sydney Ltd sells hand painted lamps at an average price per unit of $70. Calculate the contribution margin per hand painted lamp
Building secure web apps : The Impact Of The Dark Web On Internet Governance And Cyber Security - The surface Web, which people use routinely, consists o
What is its unemployment rate : Suppose an economy has 10,000 people who are not working but looking and available for work and 90,000 people who are working. What is its unemployment rate
Discuss the effectiveness of various influence tactics : Question - Discuss the effectiveness of various influence tactics, discuss how power affects people, and consider whether power is corruptive
Concern in network security : Research areas in cybersecurity that you foresee in the near future as becoming an area of concern in network security.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the total exempt de minimis benefit

Gross salary, net of nontaxable contribution 314,000 and Cost-of-living allowance 24,000. What is the total exempt de minimis benefit

  Prepare a consolidated worksheet for the period ending

Using the above data and Excel, prepare a consolidated worksheet for the period ending December 31, 2017

  What was the total amount of cash paid by Castle

Insurance expense recognized during the year 218,750. What was the total amount of cash paid by Castle for insurance premiums during the year

  What are the barriers entry for new competitors

How much differentiation is there between the products of your company and those of its competitors? What are the barriers entry for new competitors?

  How do prepare the consolidation entries

Recorded a $5,000 gain. Trial balances for the companies on December 31, 20X8, contain the following data: Prepare the consolidation entries

  Begone manufactures spray cans of insect repellent on

begone manufactures spray cans of insect repellent. on august 1 2010 the company had 9800 units in the beginning wip

  A client erroneously recorded a large purchase twice which

a client erroneously recorded a large purchase twice. which of the following internal control measures would be most

  What would be the total cash collected during january

Mitchell Company had the following budgeted sales for the first half of next year. What would be the total cash collected during January.

  What the accounting and tax implications are

What the accounting/tax implications are and what steps can be taken to address a reassessment.

  What is the value of ending inventory using full costing

During the year, Summit produces 40,000 snow shovels and sells 37,000 snow shovels. What is the value of ending inventory using full costing

  Static budget variances-flexible budget variances

Tylon's Hardware uses a flexible budget to develop planning information for its warehouse operations. Determine the 20X9 static budget variances. Determine the 20X9 flexible budget variances.

  What is her tentative minimum tax in each of the alternative

In 2013, Juanita is married and files a joint tax return with her husband. What is her tentative minimum tax in each of the alternative circumstances?

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