The wilcox company sells 2 products a and b with

Assignment Help Managerial Accounting
Reference no: EM13372930

The Wilcox Company sells 2 products, A and B, with contribution margin ratios of 40 and 30% and selling prices of of $5.00 and $2.50 a unit. Fixed costs amount to $72,000 a month. Monthly sales average 30,000 units of product A and 40,000 of product B.

Required:

a.) Assuming that three units of product A are sold for every four units of product B, calculate the dollar sales volume necessary to break-even.

b.) As part of its cost accounting routine, Wilcox Company assigns $36,000 in fixed costs to each product each month. Calculate the break-even dollar sales volume for each project.

Reference no: EM13372930

Questions Cloud

Greener grass company ggc competes with its main rival : greener grass company ggc competes with its main rival better lawns and gardens blg in the supply and installation of
Concepts for analysis 16-6 eps concepts and effect of : concepts for analysis 16-6 eps concepts and effect of transactions on eps chorkina corporation a new audit client of
Answer needed only1 accounting is an information and : answer needed only1. accounting is an information and measurement system that identifies records and communicates
I a closed economyc 500 075y-t 2i 375 - 25r 3t 500 4g : in a closed economy....c 500 0.75y-t 2i 375 - 25r 3t 500 4g 500 5msmd 6ms 1000 7mdp lry 0.5y - 50rcalculate the
The wilcox company sells 2 products a and b with : the wilcox company sells 2 products a and b with contribution margin ratios of 40 and 30 and selling prices of of 5.00
A subsample from the current population survey is taken on : a subsample from the current population survey is taken on weekly earnings of individuals their age and their gender.
Exercise 6-2lyle okeefe invests 30300nbspatnbsp10 annual : exercise 6-2lyle okeefe invests 30300nbspatnbsp10 annual interest leaving the money invested without withdrawing any of
1 a write down everything you would require durint your : 1. a. write down everything you would require durint your preparation for the debate.your preparation should include
Sims and partner opened a business and their checking : sims and partner opened a business and their checking account included both names. big company a client of the business

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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