Natsuko Company produces decorative art figurines with the following sales mix: a. What is the weighted average

Question:

Natsuko Company produces decorative art figurines with the following sales mix:

a. What is the weighted average contribution margin and weighted average contribution margin ratio?

b. What is the number of units required for breakeven by product line?

c. If the company wishes to have $19,375 in operating income, how many units of A must be sold?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managerial Accounting

ISBN: 9780137689453

1st Edition

Authors: Jennifer Cainas, Celina J. Jozsi, Kelly Richmond Pope

See More Books

Question Posted: Sep 04, 2023 09:41 AM

See More Questions

Hobby Shop Incorporated produces three different models with the following annual data (this is the base case) Plane Car Boat Total Selling price per unit 20 14 24 Variable cost per unit 5 7 8...
Complete the questions for the enclosed case, Cat & Joe Case. Required Questions:1. List and briefly describe the advantages and disadvantages inherent to the food truck business model as...
1. Explain how owning and running a food truck might impact your sales and costs (Explain both variable and fixed costs). 2. On a typical day in Kamloops, how many Ripped Pig sandwiches must be sold...
Assume that Jimmy Cash has $2000 in his checking account at Folsom Bank and uses his checking account card to withdraw $200 of cash from the banks ATM machine. By what dollar amount did the M1 money...
Life insurance experts have been claiming that the average worker in the city of Cincinnati has no more than $25,000 of personal life insurance. An insurance researcher believes that this is not true...
a. What is their portfolio management objective? b. What is the main advantage that international portfolio managers have compared to portfolio managers limited to domestic-only asset allocation?
Darwin Ltd wants to focus on people, profits, planet. The board of directors has proposed linking top managers pay to broad measures of environmental sustainability, and worker and customer...
Santana Rey, owner of Business Solutions, decides to prepare a statement of cash flows for her business. (Although the serial problem allowed for various ownership changes in earlier chapters, we...
11. SO2Cl2 on reaction with excess of water results into acidic mixture SO2Cl2 + H2O H2SO4 + 2HC1 16 moles of NaOH is required for the complete neutralization of the resultant acidic mixture. The...
At the beginning of the year, Carla Vista Company had total assets of $763,000 and total liabilities of $296,000. Answer the following questions. (a) If total assets increased $134,000 during the...
When analyzing cost-volume-profit scenarios, what other information would you seek beyond just the costs, revenues, and volume?
If a company has a sales mix, the company cannot perform cost-volume-profit analysis. Do you agree? If you do not agree, explain.
How are assets to be reported when the liquidation basis of accounting is being applied? a. At cost less accumulated depreciation. b. At the estimated amount of cash to be received. c. At fair value....
Weir Group plc has three main divisions: Oil & Gas, Minerals, Power & Industrial. Oil & Gas accounts for 40 per cent of the companys assets and Minerals accounts for 35 per cent of the assets. It has...
An investor holds a portfolio of 3 securities. She invests 30 per cent in A, 30 per cent in B, and 40 per cent in C. The betas on A, B, and C are 1.5, 0.6 and 1.1 respectively. If E(R M ) = 12% and R...
Champions SA is considering a change in its cash-only sales policy. The new terms of sale would be net one month. Based on the following information, determine if Champions should proceed. Describe...
You plan to purchase a company and wish to estimate the expected return on the companys equity using a three-factor model. You believe the appropriate factors are the market return, the percentage...
You have recently been employed as a finance consultant to Bread plc. The CEO wants to use an APT model to estimate the required return on the companys stock, and the risk factors he plans to use in...
Consider the relationship between TEC and O'Neill with unlimited, but expensive, reactive capacity. Recall that TEC is willing to give O'Neill a midseason replenishment but charges O'Neill a 20...
A number of years ago the United Food and Commercial Workers Union organized 800 workers of the 1035 employees at one of the Wilson Brothers food operations in Toronto, Ontario. The employees include...
Logistics Solutions provides order fulfillment services for dot.com merchants. The company maintains warehouses that stock items carried by its dot.com clients. When a client receives an order from a...
Management of Mittel Rhein AG of Koln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations...
Management of Mittel Rhein AG of Koln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations...
7. What is the price investors paid for $1,000 face value of these T-bills? Show how this was calculated? (0.1 pts.) (Round to 4 decimal places)
Identify a company where the auditor would determine the acceptable audit risk would be relatively higher and another company where the acceptable audit risk would be relatively lower. Note: The...
The stockholders' equity section of the balance sheet for Coca Cola follows, (in thousands, except for shares) Common stock, $1 par, 20,000,000 shares authorized $11,431 Additional paid-in capital...

Natsuko Company produces decorative art figurines with the following sales mix: a. What is the weighted average

Question:

Product A B C Total Allocated Fixed Costs $15,750 $25,000 $60,000 $100,750 Sales Units 3,000 5,000 12,000 20,000 Variable Costs per Unit $3 $4 $6 Sales Prices per Unit $18 $14 $11

Step by Step Answer:

a WACMunit 775 WACM ratio 576 b BEP units fixed costs WACM p...View the full answer

Managerial Accounting

Students also viewed these Business questions