User Account

All Pages

Calculate the selling price per unit

Assignment Help Managerial Accounting
Reference no: EM132468339

Question - Odrick Company is a merchandiser that reported the following information based on 1,000 units sold:

Sales $465,000

Beginning merchandise inventory $31,000

Purchases $310,000

Ending merchandise inventory $15,500

Fixed selling expense $?

Fixed administrative expense $18,600

Variable selling expense $23,250

Variable administrative expense $?

Contribution margin $93,000

Net operating income $27,900

Required -

1. Calculate the selling price per unit.

2. Calculate the variable cost per unit.

3. Calculate the contribution margin per unit.

Reference no: EM132468339

Questions Cloud

Determine the interest rate implicit in agreement : Lang Warehouses borrowed $178,149 from a bank and signed a note requiring 6 annual payments. Determine the interest rate implicit in this agreement
Calculate a companys e-commerce market share : Calculate a company's e-Commerce market share in their country based on the hypothetic information?calculating the closing balance of PP&E?
Describes post hoc segmentation : It is an approach which states that the benefits people are seeking in consuming a given product are the basic reasons for the existence of true market segments
Desktop web design for a brand of choosing : This activity may be most interesting with a small to medium sized brand as they often have the most opportunities to identify areas for improvement.
Calculate the selling price per unit : Odrick Company is a merchandiser that reported the following information based on 1,000 units sold: Calculate the selling price per unit
Explain transaction should have created a capital income : Please explain if this transaction should have created a capital gain or income? A taxpayer carried on a full time business as an interior designer.
Conversion of measurement units : In perceptual maps, the customers' demand levels for all attributes are expressed in non-dimensional scales of -25 to 25 no matter what the actual attribute
How much goodwill should ivy recognize from acquisition : If there is a less than 50 percent chance that the subsidiary will be able to utilize NOL carryforward, how much goodwill should Ivy recognize from acquisition
What are the income tax expense and income tax : On consolidated financial statements for 2018, what are the income tax expense and income tax currently payable if they choose to file separate returns?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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