Question: Calculate unit variable costs. Unit variable costs eTextbook and Media Using multiple attempts will impact your score. 1036 score reduction after attempt 2 Bill Johnson,





Calculate unit variable costs. Unit variable costs eTextbook and Media Using multiple attempts will impact your score. 1036 score reduction after attempt 2 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. Bill 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 $2,400. Determine the unit contribution margin. Contribution margin per unit eTextbook and Media Using multiple attempts will impact your score. 10 score reduction after attempt 2 Using the unit contribution margin, determine the break-even point in sales units for this product line. Break-even point units eTextbook and Media Attempts: 0 of Using multiple attempts will impact your score. 102 score reduction after attempt 2 Based on the most recent sales forecast, Current Designs expects to sell 1,000 units of this model Calculate the margin of safety in dollars and the margin of safety ratio. (Round percentage to 2 decimal ploces, 25.50\%) Margin of safety Margin of safety ratio % eTextbook and Media Attempts: 0 of 3 used Using multiple attempts will impact your score. 10% score reduction after attempt 2 Assume that Current Designs would like to earn net income of $350,400 on this product line. Using the unit contribution margin, calculate the number of units that need to be sold to achieve this goal. Number of unit's to be sold units eTextbook and Media Attempts: 0 of 3 used Using multiple attempts will impact your score. 10% score reduction after attempt 2
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
