User Account

All Pages

Find the contribution margin per unit

Assignment Help Managerial Accounting
Reference no: EM13341569

Question

Harris Company produces a single product. Last year, Harris manufactured 17,000 units and sold 13,000 units. Production costs for the year were as follows:

Production Cost Data

Direct materials

$153,000

Direct labor

$110,500

Variable manufacturing overhead

$204,000

Fixed manufacturing overhead

$255,000

Sales were $780,000 for the year, variable selling and administrative expenses were $88,400, and fixed selling and administrative expenses were $170,000. There was no beginning inventory. Assume that direct labor is a variable cost.

The contribution margin per unit was

Reference no: EM13341569

Questions Cloud

Find both the position of as a function of time x : Find both the position of as a function of time x(t) and the velocity v(t) for the following two forces, assuming the particle is at rest at x=0 and t=0. (assume that Fo, b, and k are constants)
Determine the ethical implications of businesses polluting : Determine the ethical implications of businesses polluting in a third world country. Explain your rationale.
Explain the reaction of potassium hydride and water : What are the products of the reaction of potassium hydride and water. KH(s) + H2O(l) ? A) K(s) + H2(g) + OH-(aq) B) K(s) + H2(g) + O2(g) C) KOH(s) + O2(g) D) K+(aq) + H2(g) + O2(g) E) K+(aq) + H2(g) + OH-(aq)
Determine the magnitude of the resultant vector a-b-c-d : Displacement vector A points due east and has a magnitude of 3.22 km. Displacement vector B points due north and has a magnitude of 7.44 km. Displacement vecto Cr points due west and has a magnitude of 7.88 km.
Find the contribution margin per unit : Sales were $780,000 for the year, variable selling and administrative expenses were $88,400, and fixed selling and administrative expenses were $170,000. There was no beginning inventory. Assume that direct labor is a variable cost.
Determine what is the potential of the sphere : a point charge q is held at a distance of 2a from the center of an isolated and the conducting sphere of radius a. what is the potential of the sphere
Main elements or dimensions of debtors management : Main elements or dimensions of Debtors management
Estimate fixed cost per month for electricity : The high-low method of analysis, the estimated fixed cost per month for electricity is closest to which of the following?
Explain the oxidation of gold metal by aqua regia : The oxidation of gold metal by aqua regia (i.e., royal water) results in the production of nitrogen dioxide and gold(III) ion, in the primary step. Aqua regia is a dangerous mixture of 1 part nitric acid and 3-9 parts hydrochloric acid.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Companys overall break-even point

Conway Company sells three products: A,B and C. Product A's unit contribution margin is higher than Product B's and Products B's is higher than Product C's. Which one of the following independent events is most likely to increase the company's ove..

  Activity-based costing accounting system

Lehner Corporation has provided the following data from its activity-based costing accounting system

  Current management accounting issue

Collect and examine two newspaper or magazine articles relation to management accounting issues. The analysis must include:

  Value of abandonment option

High Roller Properties is considering building a new casino at a cost of $10 million at t = 0. What is the value (in thousands) of this abandonment option?

  Traditional cost systems distort costs

Explain how traditional cost systems, using a single unit-level cost rate, may distort product costs.

  Discussion job analysis

Describe how a job analysis increases productivity, aids in job description creation, and guides employee team formation.

  Negative effect in revenue earned

The overhead costs to re-vamp a new system, production slow-down, costs of training will all have a negative effect in revenue earned if this change is done after the fact.

  Planning strategies for the audit

Planning strategies for the audit

  Computing total cost function-total cost for the month

Custom Computers is a company started by two engineering students to assemble and market personal computers to faculty and students.

  What is the incremental benefit to the company

What is the incremental benefit (cost) to the company of sugar-coating the peels rather than selling them in their condition at the split-off point and What is the incremental benefit (cost) to the company of pasteurizing and packaging a pint of j..

  What products might come out of our r&d activities

What products might come out of our R&D activities. This is a quote from an R&D manager who was asked to justify investment in a major research project based on its expected net present value.

  Production budget of franklin glass

Franklin glass works production budget was based on 200,000 units. Each unit requires two standard hours of labor for completion,. Total overhead was budgeted at $900,000 per year, and fixed rate was estimated to be $3 for each unit.

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