Determine the contribution margin by glass type

Assignment Help Accounting Basics
Reference no: EM131788534

Youngstown Glass Company manufactures three types of safety plate glass: large, medium, and small. All three products have high demand. Thus, Youngstown Glass is able to sell all the safety glass that it can make. The production process includes an autoclave operation, which is a pressurized heat treatment. The autoclave is a production bottleneck. Total fixed costs are $85,000 for the company as a whole. In addition, the following information is available about the three products:

     Large    Medium    Small
Unit selling price $184 $160 $100
Unit variable cost 130 120 76
Unit contribution margin $ 54 $ 40 $ 24
Autoclave hours per unit 3 2 1
Total process hours per unit 5 4 2
Budgeted units of production 3,000 3,000 3,000

a.  Determine the contribution margin by glass type and the total company income from operations for the budgeted units of production.

  Large      Medium      Small      Total     
Units produced  
Revenues $ $ $ $
Less: Variable costs
Contribution margin $ $ $ $
Less: Fixed costs        

 

Reference no: EM131788534

Questions Cloud

Discuss process further raw sugar into refined sugar : The management of Dominican Sugar Company is considering whether to process further raw sugar into refined sugar
Differentiate between empirical or theoretical probability : Empirical vs. Theoretical A magician claims that he has a fair coin-"fair" because both sides, heads and tails, are equally likely to land face up.
Do a complete analysis of the data to help predict : Remove the two low-end outliers (the beer with 0.0% alcohol and the beer with 0.4% alcohol), because most of the data come from alcoholic beers.
Prepare a revised performance report : Is the president's pleasure justified? Prepare a revised performance report that uses a flexible budget and a static budget
Determine the contribution margin by glass type : Determine the contribution margin by glass type and the total company income from operations for the budgeted units of production
What is the expected value of the cash flow : Debby's Dance Studios is considering the purchase of new sound equipment that will enhance the popularity of its aerobics dancing.
Why did we not extend the red line all the way to 74 inches : Why did we not extend the red line (for the women) all the way to 74 inches, instead stopping at 69 inches?
Compute the flexible-budget variances : Price and efficiency variances. Peterson Foods manufacturers pumpkin scones. Compute the flexible-budget variances
How do we interpret the fact that the lines are nearly : How do we interpret the fact that both lines have a negative slope?How do we interpret the fact that the lines are nearly the same?

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