Determine the weighted-average unit contribution margin

Assignment Help Accounting Basics
Reference no: EM131753139

Problem - Boise Company manufactures and sells three products: Good, Better, and Best.  Annual fixed costs are $3,315,000, and data about the three products follow.

Good Better Best

Sales mix in units 30% 50% 20%

Selling price $250 $350 $500

Variable cost 100 150 250

Required:

A. Determine the weighted-average unit contribution margin.

B. Determine the break-even volume in units for each product.

C. Determine the total number of units that must be sold to obtain a profit for the company of $234,000.

D. Assume that the sales mix for Good, Better, and Best is changed to 50%, 30%, and 20%, respectively.  Will the number of units required to break-even increase or decrease?

Reference no: EM131753139

Questions Cloud

Develop a powerpoint presentation to summarize your report : You will need to develop a PowerPoint presentation to summarize your final report. Use transition and animation in your slides.
What amount of the transer is considered : Clancy's adjusted basis was $12,000. What amount of the transer is considered to be a dividend to Clancy
Develop the null and alternative hypothesis : a) Develop the null and alternative hypothesis. b) What conclusion is appropriate when Ho cannot be rejected?
Change on the order picking process : The manager who implemented the change on the order picking process for medium items wants to be certain of the margin of error.
Determine the weighted-average unit contribution margin : Boise Company manufactures and sells three products: Good, Better, and Best. Determine the weighted-average unit contribution margin
Find the random variable x : a. State the Null Hypothesis (Ho) and Alternate Hypothesis (Ha) b. Find the random variable X (remember that X is the difference between the two sample means)
Discuss the possibility of multiple cost pools and drivers : review both of these option and make a recommendation for one but include discussion of both options and how and why you made your decision
Discuss problem using normality : Assume normality and conduct a test of H0: mD = 0 versus Ha: mD
How many pizzas must vince sell to break even : Vince's Pizza delivers pizzas to dormitories and apartments near a major state university. How many pizzas must Vince's sell to break even

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the journal entries to record the purchase of raw

phillips manufacturing uses a job order cost system and applies overhead to production on the basis of direct labor

  Krusty co uses a capital intensive production process and

krusty co. uses a capital intensive production process and allocates maintenance costs to the three producing

  What amount was reported in the retained earnings account

What amount was reported in the Retained Earnings account at the end of last year? by what amount did treasury stock transactions stockholders' equity?

  The surfs up issues 1000 shares of 6 100 par value

the surfs up issues 1000 shares of 6 100 par value preferred stock at the beginning of 2011. all remaining shares are

  The partnership agreeent for smith wesson amp davis a

the partnership agreeent for smith wesson amp davis a general partnership provided that profits be shared between the

  Prepare the journal entries to record the restricted stock

Prepare the journal entries to record the restricted stock on January 1, 2017 (the date of grant), and December 31, 2018

  What is the effective rate of interest if the loan is

Kenneth's Arrows and Bows borrow $15,000 for one year at 8 percent interest. What is the effective rate of interest if the loan is discounted?

  What is a current asset what is a noncurrent asset what is

what is a current asset? what is a noncurrent asset? what is the difference betweeen the two types of assets? in which

  Unethical in the president actions

Kelli Rice, president of LR Industries, wishes to issue a press release to bolster her company's image and maybe even its stock price, which has been gradually falling. As controller, you have been asked to provide a list of 20 financial ratios an..

  During 2002 real gdp in japan rose about 13 percent during

during 2002 real gdp in japan rose about 1.3 percent. during the same period retail sales in japan fell 1.8 percent in

  Unrealized intercompany profit in ending inventory

The amount of unrealized intercompany profit in ending inventory at December 31, 2006 that should be eliminated in the consolidation process is :

  Perfectly competitive firm supply

Mankato Paper, Inc., produces uncoated paper used in a wide variety of industrial applications. Newsprint, a major product, is sold in a perfectly competitive market. The following relation exists between the firm's newsprint output and total prod..

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