Reference no: EM131539019
Question: The following costs result from the production and sale of 480,000 CD sets manufactured by Trace Company for the year ended December 31, 2011. The CD sets sell for $4.50 each. The company has a 25% income tax rate.
Variable manufacturing costs
Plastic for CD sets . . . . . . . . . . . . . . . . . . . . . . $ 43,200
Wages of assembly workers . . . . . . . . . . . . . . . 600,000
Labeling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86,400
Variable selling costs
Sales commissions. . . . . . . . . . . . . . . . . . . . . . . 48,000
Fixed manufacturing costs
Rent on factory . . . . . . . . . . . . . . . . . . . . . . . . . 100,000
Factory cleaning service . . . . . . . . . . . . . . . . . . 75,000
Factory machinery depreciation . . . . . . . . . . . . 125,000
Fixed selling and administrative costs
Lease of office equipment . . . . . . . . . . . . . . . . . 120,000
Systems staff salaries . . . . . . . . . . . . . . . . . . . . . 600,000
Administrative management salaries . . . . . . . . . 300,000
Required: 1. Prepare a contribution margin income statement for the company.
2. Compute its contribution margin per unit and its contribution margin ratio.
Analysis Component
3. Interpret the contribution margin and contribution margin ratio from part 2.
|
Determine break-even point in both sales units and dollars
: National Co. manufactures and sells three products: red, white, and blue. Their unit sales prices are red, $55; white, $85; and blue, $110.
|
|
Creating an implementation plan for the new tui
: You'll remember that the general project for this term involves creating an implementation plan for the new TUI learning management system
|
|
Identify and post three separate pieces of information found
: Identify and post three separate pieces of information found in financial statements and explain how each element might help someone make a business decision.
|
|
Identify and describe the elements of a criminal act
: Was the court correct in dismissing the attempted murder charge?Identify and describe the elements of a criminal act .
|
|
Prepare a contribution margin income statement
: The following costs result from the production and sale of 480,000 CD sets manufactured by Trace Company for the year ended December 31, 2011.
|
|
Great number of requested features
: In a software development project, there are often a great number of requested features, enhancement requests, defect fixes, etc. to be completed.
|
|
The case of action for childrens television v fcc
: Discuss whether or not WBLAH is unreasonably abridging the Cardigans' rights guaranteed to the individuals under the First Amendment.
|
|
Effectively and as efficiently as possible meaning
: Share your strategy as a Project Manager to manage your project effectively and as efficiently as possible meaning
|
|
Make an argument for one of the two investment opportunities
: Make an argument for one of the two investment opportunities. Also go over the risks associated with them and what could go wrong in your investment.
|