What is cranberry contribution

Assignment Help Financial Accounting
Reference no: EM132813104

Cranberry Wood Products Inc. spends an average of $9.30 in labor and $12.60 in materials on every unit it sells. Sales commissions and shipping amount to another $3.10. All other costs are fixed and add up to $136,000 per month. The average unit sells for $32.00.

Problem 1: What is Cranberry's contribution?

Problem 2: What is Cranberry's contribution margin?

Problem 3: What is the ?rm's breakeven point in units?

Problem 4: Calculate the dollar breakeven point.

Reference no: EM132813104

Questions Cloud

Find how much did allie pay for each share last year : This year, the shares sold for $0.84 per share, If the total rate of return on this investment was 7.3%, how much did Allie pay for each share last year?
Reflect on your motivation to succeed in an online program : In this paper you will review the course objectives mentioned below and material for this course as you justify how you met the four learning objectives.
Research methods in justice system : Examine the scientific approach to criminology. Discuss the various methodological approaches used in criminology.
Reflect on the philosophies for health education : For this Discussion, review the Learning Resources for this week. Reflect on the philosophies for health education/promotion and consider which philosophy.
What is cranberry contribution : What is Cranberry's contribution? Cranberry Wood Products Inc. spends an average of $9.30 in labor and $12.60 in materials on every unit
Calculate the opportunity cost : 1) A small economy has a given amount of land, labor (25 000 workers) and capital (machinery and tools). Suppose that an economy produces only two goods during
What is the balance of the margin account : Based on the above information, what is the balance of the margin account after marking to market at the end of February 8
Explain role of health educators in effecting to milestone : Post a description of the milestone that you selected. Explain the role of health educators in effecting/contributing to this milestone.
Can the theories be linked to the nhs : Criticise the theories on what is needed by the NHS and what is not needed by the NHS - Link the theories to leadership and NHS

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is meant by identifiability

How do the principles for amortisation of intangible assets differ from those for depreciation of property? What is meant by identifiability

  Manufacturing overhead cost

manufacturing overhead cost is allocated to Product Y and Product Z.

  Compute diluted earnings per share

On January 1, 2014, Crocker Company issued 10-year, $3,228,000 face value, 6% bonds, at par. Each $1,000 bond is convertible into 24 shares of Crocker common stock. Crocker’s net income in 2014 was $337,000, and its tax rate was 45%. Compute diluted ..

  Value of each performance obligation

For contracts that include more than one separate performance obligation.The contract price is allocated to each performance obligation in proportion to the obligations' stand-alone selling prices.Revenue is recorded over time at the fair value of ea..

  Record the disposal under assumptions

Vaughn NV has equipment that cost $49,870 and that has been depreciated $21,230. Record the disposal under It was scrapped as having no value. assumptions.

  What is the definition of an apr

What is the definition of an APR? Which rate should you use to compare alternative investments or loans? What is the effective annual rate?

  What should total liabilities show as a total

Investment in Tabares, Inc. stock (22% ownership) 600,000. If Bonds Payable were issued at a premium of $20,000, what should Total Liabilities show as a total

  Shares of morrison company stock of equal amount

Morrison Company has created SPE. None of the executives of Morrison Company is associated with the SPE as it has its own new president and chief executive officer (CEO). The SPE will hold the bonds issued by Morrison Company in return for shares of ..

  Required to publish annual financial statements

Public companies are required to publish annual financial statements. Suggest the major benefits of companies making financial statement information available to employees. Briefly explain generally accepted accounting principles (GAAP), and describe..

  Which off balance sheet transaction is lisa going to engage

Lisa runs a commercial bank and wants to hedge her interest rate risk. Which off balance sheet transaction is Lisa going to engage in on behalf of the bank?

  How to add the transaction in myob

How to add the transaction in MYOB? question-Issued Cheque No. 4054 for $1,430 (includes 10% GST) to Discount Office Supplies

  Illustrate what would be the total production engineering

Illustrate what would be the total production engineering cost per unit, both fixed and variable, at an activity level of 8700 machine hours in a month?

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