Question: 0.80 030 0.20 Comprehensive; multiproduct Nature's Own makes three types of wood flooring Oak, Hickory, and Cherry. The company's tax rate is 40 percent. The


0.80 030 0.20 Comprehensive; multiproduct Nature's Own makes three types of wood flooring Oak, Hickory, and Cherry. The company's tax rate is 40 percent. The following costs are expected for the year Oak Hickory Cherry Variable cost (ona per square yard bass) Direct material $10.40 $6.50 517.60 Direct labor 3.60 1280 Production overhead 2.00 3.50 Selling expense 1.00 050 4.00 Administrative expense 0.40 060 Reed overhead 5760.000 Fored selling experte 240,000 ed administrative pense 200.000 Per-square-yard expected selling prices are as follows: Oak, 532.80; Hickory, 516.00; and Cherry, 550.00. The expected sales mix is as follows: Oak Hickory Cherry Squareyards 9.000 72.000 6.000 3. Calculate the break-even point for the year. Note: Round to the next highest whole unit. 4.725 "bags b. How many square yards of each product are expected to be sold at the break even point? Note: Round CM to the nearest tenth of a percent in your calculations, OR b. How many square yards of each product are expected to be sold at the break even point? Note: Round CM to the nearest tenth of a percent in your calculations Ook Axuryan 24 oras Ceny 2 Xands the company wants to eam pre tax profit of 5800,000, how many square yards of each type of flooring would it need to sell? How much total revenue would be required? Note: Round your answer to the next highest whole unit. Units Revenue Da 46 squareyards Hory 24uryade 10.000 Cherry 50x782.500 16.00 d. If the company wants to earn an after tax profit of 5680,000, determine the revenue needed using the contribution margin percentage approach Note: Round CM to the nearest tenth of a percent and your final answer to the nearest whole dollar $5,351,681 ve the company achieves the revenue determined in (d, what is the cl}breakeven point in dollars, and the map of safety in dollars and as a percentage? . Note: in your breakiven point in dollars calculation round Co to the nearest tenth of a percent round your finalaswer to the nearest whole dollar Note Round marprofety in dollars to the nearest whole dollar Note Round the marnotalety percentage to the nearestenth of percent or comple, round 566657 Toul E Business Course Total $ 4586.400 d. If the company wants to earn an after-tax profit of $680,000, determine the revenue needed using the contribution margin percentage approach Note: Round CM% to the nearest tenth of a percent and your final answer to the nearest whole dollar. $5,351,681 t. If the company achieves the revenue determined in (di, what is the (1) breakeven point in dollars, and the margin of safety (2) in dollars and (3) as a percentage? Note: In your breakeven point in dollars calculation round CM to the nearest tenth of a percent round your final answer to the nearest whole dollar, Note: Round margin of safety in dollars to the nearest whole dollar Note: Round the margin of safety percentage to the nearest tenth of a percent (for example, round 5.6666% to 5.7%) Breakeven in dollass: $ 2,752.294 Margin of safety in dollars:5 254 Margin of safety percentage: 486 X Check
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