Company produces two products the following information is

Assignment Help Accounting Basics
Reference no: EM13481495

Company produces two products. The following information is available: Product X: Selling price per unit- $46, Variable cost per unit- $38. Product Y: Selling price per unit- $36, Variable cost per unit- $24. Total fixed costs are $234,000. The Company plans to sell 21,000 units of Product X and 7,000 units of Product Y. A) Compute the contribution margin for each product. B) What is the expected net income? C) Assume the sales mix is 3 units of Product X for every 1 unit of Product Y. What is the break-even point in units for each product? D) Assume the sales mix is 3 units of Product X for every 2 units of Product Y. What is the break-even point in units for each product?

Reference no: EM13481495

Questions Cloud

The cost of the annuity was 46800 and cecil was expected to : cecil c. seymour is a 646-year-old widower. he had income for 2013 as followspension from former employer 39850interest
Connecticutinc had the following long-term receivable : connecticutinc. had the following long-term receivable account balances atdecember 31 2006. note receivable from sale
During the last year of operations accounts receivable : during the last year of operations accounts receivable increased by 10900 accounts payable increased by 5900 and
Compute 1 the contribution margin for the current and the : poole corporation has collected the following information after its first year of sales. net sales were 1600000 on
Company produces two products the following information is : company produces two products. the following information is available product x selling price per unit- 46 variable
Markus employs a standard costing system during the year a : markus inc. produces a specialized machine part used in forklifts. for last years operations the following data were
Should the auditor look for these types of transactions in : tyco is a conglomerate organization that had 36 billion inrevenue. in a court trial it was alleged that the ceo of the
The cost per pound of raw material is 2 and 70 of all : rolen inc. is in the process of preparing the fourth quarter budget for 2010 and the following data have been assembled
Calculate manually the following : question 1 - motor carnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspcost

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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