Question: US Mobile manufactures and sells two products tablet computers and smart phones
US-Mobile manufactures and sells two products, tablet computers and smart-phones, in the ratio of 5:3. Fixed costs are $105,000, and the contribution margin per composite unit is $125. What number of each type of product is sold at the break-even point?
Answer to relevant QuestionsSingh Co. reports a contribution margin of $960,000 and fixed costs of $720,000. (1) Compute the company’s degree of operating leverage. (2) If sales increase by 15%, what amount of income will Singh Co. report? Refer to the information in Exercise. In Exercise HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2015 Sales (9,600 units at $225 each) . . . . . . . . . . . . . . . . $2,160,000 Variable costs ...This year Burchard Company sold 40,000 units of its only product for $25 per unit. Manufacturing and selling the product required $200,000 of fixed manufacturing costs and $325,000 of fixed selling and administrative costs. ...Apple regularly uses budgets. What is the difference between a production budget and a manufacturing budget? X-Tel budgets sales of $60,000 for April, $100,000 for May, and $80,000 for June. In addition, sales commissions are 10% of sales dollars and the company pays a sales manager a salary of $6,000 per month. Sales commissions ...
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