Compute the weighted average contribution margin for johnny

Assignment Help Accounting Basics
Reference no: EM133121384

Question - Johnny Shop produces three products.  Cost, price and volume data is shown below.

Total fixed costs: $4894

Tax Rate: 30%


Product X

Product Y

Product Z

Normal volume

254

233

277

Price per unit

$3.8

$4.8

$4.6

Variable cost per unit

$1.3

$2.4

$1.7

Compute the weighted average contribution margin for Johnny shop?

Reference no: EM133121384

Questions Cloud

What are some of the industry factors : 3. What are some of the industry factors in the last decade or so that have impacted the hotel industry, on both a positive and negative level
What the bad debt expense : On December 31, 2021, Lola's Dog Treats Inc had a debit balance in Accounts Receivable of $48,400. What the Bad debt expense for 2022
What is the accumulated value : What is the accumulated value after 5 years of payments of $30000 made at the beginning of each year at interest of 7% compounded quarterly
How your new perspective impacts your view : Discuss an experience, event, or person that caused you to open your eyes or examine your views about someone from another group or about the entire group
Compute the weighted average contribution margin for johnny : Johnny Shop produces three products. Cost, price and volume data is shown below. Total fixed costs: $4894. Compute the weighted average contribution margin
Compute the amount of fixed overhead cost : Design fashion has an average overhead cost per hour of $22 at 3434 machine hours and at 2840 hours it is $26. Compute the amount of fixed overhead cost
Describe health care regulations and medical practice : Describe health care regulations and medical practice evolutionary changes for access, quality, and cost, including the significant milestone events
Compute the new value of fixed costs per unit : When 13567 units are produced, fixed costs are $21 per unit. Therefore, when 24414 units are produced, compute the new value of fixed costs per unit
What total amount should be debited or credited : What total amount should be debited or credited to retained earnings as a result of the sale of equity securities in 2021

Reviews

Write a Review

Accounting Basics Questions & Answers

  What happens to the new expansion

What happens to the new Expansion Inc.'s EPS for year 1 compared to what EPS would be without the merger - justify doing the merger, would they walk away

  What is the percentage change in price for each bond

2 percentage points instead, what is the new price of Bonds J and Bond K respectively? What is the percentage change in price for each bond?

  What is edwards recognized gain on this transaction

Joyce and Edward received no other property then the Lair stock. What is Edward's recognized gain on this transaction

  Make adjusting entries

Make adjusting entries for 2009 and 2010 for Straight-line, Units of Production, Double declining and sum of the years

  How much will have if wait ten years before beginning

How much will you have when you retire in 47 years? How much will you have if you wait 10 years before beginning to save and only make 37 payments

  Was ken justified in taking a deduction based on appraisal

Ken itemized deductions and took a charitable contribution deduction of $120,000. Was Ken justified in taking a deduction based on the higher appraisal?

  Determine the ratio of liabilities to stockholders equity

Recent balance sheet information for two companies in the food industry, Mondelez International, Inc. Determine the ratio of liabilities to stockholders equity

  In april of the current year freeman steel company

in april of the current year freeman steel company transferred herb porter from its factory in nebraska to its plant in

  What procedures are usually included in a typical payroll

What procedures are usually included in a typical payroll accounting system?

  What will happen to next year income

How about his statement of cash flows? What will happen to next year's income: will it be higher or lower than it should be

  Louis files as a single taxpayer in april of this year he

louis files as a single taxpayer. in april of this year he received a 900 refund of state income taxes that he paid

  Wagner inc had a beginning cash balance of 14000 on january

wagner inc. had a beginning cash balance of 14000 on january 1 2011. during january the company recorded debits of

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