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Bill Johnson, sales manager, and Diane Buswell, controller, at Current Designs are beginning to analyze the cost considerations for one of the composite models of the kayak division. They have provided the following production and operational costs necessary to produce one composite kayak.Kevlar $250 per kayakResin and supplies $100 per kayakFinishing kit (seat, rudder, ropes, etc.) $170 per kayakLabor $420 per kayakSelling and administrative expensesvariable $400 per kayakSelling and administrative expensesfixed $119,700 per yearManufacturing overheadfixed $240,000 per yearBill and Diane have asked you to provide a cost-volume-profit analysis, to help them finalize the budget projections for the upcoming year. Bill has informed you that the selling price of the composite kayak will be $2,000.(a) Calculate variable costs per unit. Variable cost per unit $Bill Johnson, sales manager, and Diane Buswell, co (b) Determine the contribution margin per unit. Contribution margin per unit $Bill Johnson, sales manager, and Diane Buswell, co (c) Using the contribution margin per unit, determine the break-even point in units for this product line. Break-even point Bill Johnson, sales manager, and Diane Buswell, co units(d) Assume that Current Designs plans to earn $270,600 on this product line. Using the contribution margin per unit, calculate the number of units that need to be sold to achieve this goal.Number of units Bill Johnson, sales manager, and Diane Buswell, co units(e) Based on the most recent sales forecast, Current Designs plans to sell 1,000 units of this model. Using your results from part (c), calculate the margin of safety and the margin of safety ratio. (Round margin of safety ratio to 1 decimal place, e.g. 25.5%.)Margin of safety $Bill Johnson, sales manager, and Diane Buswell, co Margin of safety ratio Bill Johnson, sales manager, and Diane Buswell, co%By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor.(a) Calculate variable costs per unit.Variable cost per unit $Bill Johnson, sales manager, and Diane Buswell, co(b) Determine the contribution margin per unit.Contribution margin per unit $Bill Johnson, sales manager, and Diane Buswell, co(c) Using the contribution margin per unit, determine the break-even point in units for this product line.Break-even point Bill Johnson, sales manager, and Diane Buswell, co units(d) Assume that Current Designs plans to earn $270,600 on this product line. Using the contribution margin per unit, calculate the number of units that need to be sold to achieve this goal. Number of units Bill Johnson, sales manager, and Diane Buswell, co units(e) Based on the most recent sales forecast, Current Designs plans to sell 1,000 units of this model. Using your results from part (c), calculate the margin of safety and the margin of safety ratio. (Round margin of safety ratio to 1 decimal place, e.g. 25.5%.)Margin of safety $Bill Johnson, sales manager, and Diane Buswell, coMargin of safety ratio Bill Johnson, sales manager, and Diane Buswell, co%
MC Qu. 87 Riemer, Inc. has four... Riemer, Inc. has four departments. Information about these departments is listed below. Maintenance is a service department. If allocated maintenance cost is based on floor space occupied by each of the other departments, compute the amount of maintenance cost allocated to the Cutting Department. (Do not round your intermediate computations.) Maintenance Cutting Assembly Packaging Direct costs$18,000 $24,000 $64,000 $39,000 Sq. ft. of space 750 1,250 2,250 2,500 No. of employees 7 3 7 7
The following data are accumulated by Zadok Company in evaluating the purchase of$370,000 of equipment, having a four-year useful life:Net Income Net Cash FlowYear 1 $67,500 $160,000Year 2 47,500 140,000Year 3 (12,500) 80,000Year 4 (12,500) 80,000a. Assuming that the desired rate of return is 12%, determine the net present value for theproposal.b. Would management be likely to look with favor on the proposal? Explain.
Write one sentence in Spanish to tell what you do after school. (e.g., I start my homework at 5 p.m.)Remember:Use the correct form of one of the following stem-changing verbs: poder, dormir, querer, empezar, decir, jugar.Poder and dormir are o ue stem-changing verbs.Querer and empezar are e ie stem-changing verbs.Jugar is a u ue stem-changing verb.Decir is an e i stem-changing verb and also has an irregular yo form.Add an event time like after school, in the afternoon, at 4 p.m., every day, etc. Write one sentence in Spanish to tell what one of your friends does by himself/herself after school. (e.g., My friend Bryan sleeps for two hours after school.)Remember:Use the correct form of one of the following stem-changing verbs: poder, dormir, querer, empezar, decir, jugar.Poder and dormir are o ue stem-changing verbs.Querer and empezar are e ie stem-changing verbs.Jugar is a u ue stem-changing verb.Decir is an e i stem-changing verb and also has an irregular yo form.Add an event time like after school, in the afternoon, at 4 p.m., every day, etc.I Write one sentence in Spanish to tell what you prefer to do after school. (e.g., I prefer to do yoga in the afternoon.)Remember:Preferir is an e ie stem-changing verb.Add an event time like after school, in the afternoon, at 4 p.m., every day, etc. Write one sentence in Spanish describing an activity you do with someone else after school. (e.g., I run in the park with my dog Sparky at 6 p.m.)Remember:What is the meaning of the preposition con?Add an event time like after school, in the afternoon, at 4 p.m., every day, etc. Write one sentence in Spanish to state what you and your family (or friends) like to do (after school). (e.g., My family and I like to paint.)Remember:You use the indirect object pronouns with the verb gustar.
