User Account

All Pages

Calculate the total contribution margin for pipes and dolls

Assignment Help Accounting Basics
Reference no: EM131746458

Happy Bauer has the capacity to produce either 45,000 corncob pipes or 21,000 cornhusk dolls per year. The pipes cost $3 each to produce and sell for $7.50 each. The dolls sell for $10 each and cost $4 to produce.

A. Calculate the contribution margin per unit for Pipes and Dolls. (Round your answers to 2 decimal places.)

B. Calculate the total contribution margin for Pipes and Dolls.

C. Assuming that Happy Bauer can sell all it produces of either product, should it produce the corncob pipes or the cornhusk dolls?

Reference no: EM131746458

Questions Cloud

Discuss a month into his party money with the money : I have not come across a situation that I can use for this assignment from anything I have purchased but I am planning my sons 5th birthday party
Discuss overall financial condition of dossier company : Make an assessment of overall financial condition of dossier company
Explain how is kac pushing art forward in the digital age : Explain how is Kac pushing art forward in the digital age? Use examples from the presentation. Why do you feel this way towards his work?
Describe your recommended distribution strategy : Evaluation of each area is based on your clarity and quality of your information and your discussion of that information.
Calculate the total contribution margin for pipes and dolls : Calculate the total contribution margin for Pipes and Dolls, Calculate the contribution margin per unit for Pipes and Dolls
Discuss what value should gandoff show this asset at : Under GAAP is this asset impaired, What value should Gandoff show this asset at
Define paid in capital excess to par common stock : There was neither Preferred Stock nor any Treasury Stock, Paid in Capital Excess to par Common Stock
Determine the income of each division and the total profit : determine the income of each division and the new total profit to GREEDY YODA
What was important factor in bringing about civil rights : In your opinion, what was the most important factor in bringing about the Civil Rights movement in American in the 1950's?

Reviews

Write a Review

Accounting Basics Questions & Answers

  If you were an investor who was considering a potential

if you were an investor who was considering a potential company in which to buy stock what three ratios would be your

  Addison company can sell inventory item pqwr213 for 20 per

addison company can sell inventory item pqwr213 for 20 per unit. the original cost of the unit is 18. currently the

  Ocean division currently earns 780000 and has divisional

ocean division currently earns 780000 and has divisional assets of 3.9 million. the division manager is considering the

  Compute the average collection period and inventory turnover

Question - Kinder Company has these comparative balance sheet data: Compute the Average collection period and Inventory turnover

  Where is it used in computing the parties taxable incomes

Question: Estate Tax Elements - How is this amount computed? Where is it used in computing the parties' taxable incomes

  In reviewing the accounts of fisher company in 2006 after

in reviewing the accounts of fisher company in 2006 after the books for the prior year have been closed you find that

  Assume that amigos burrito sells some franchises

Given the nature of Amigos Burrito's agreement with its franchisees, when should revenue be recognized? Discuss the question of revenue recognition for both the initial franchise fee and the additional monthly fee of 2% of sales, and give illustrativ..

  What are the principle differences between ifrs and us gaap

If the company adopts IFSR, what changes should management be aware of? What are the principle differences between IFRS and U.S. GAAP?

  What is the amount of the year end allowance for sales

What is the amount of the year-end allowance for sales returns after the adjusting entry is recorded?

  Primary uses of a standard cost system

What are the three primary uses of a standard cost system? What is the difference between ideal standards and currently attainable standards?

  Recognition of revenue on long-term contract and entries

Young Tree Construction Company uses the percentage-of-completion method of accounting. In 2014, Young Tree began work under a contract with a contract price of $1,500,000. Other details follow:

  What timing mismatch issue exists or activist hedge fund

What timing mismatch issue exists for activist hedge fund investment strategy?

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