Question: Please Help !!! Accounting Exercise 3-4A (Algo) Determining varlable cost from Incomplete cost data LO 3-1 Thornton Corporation produced 208.000 watches that it sold for
Please Help !!! Accounting



Exercise 3-4A (Algo) Determining varlable cost from Incomplete cost data LO 3-1 Thornton Corporation produced 208.000 watches that it sold for $21 each during year 2. The company determined that fixed manufacturing cost per unit was $9 per watch. The company reported a $1.248.000 gross margin on its year 2 financial statements. Required Determine the variable cost per unit, the total variable cost, and the total contribution margin. Variable cost per unit Total variable cost Total contribution margin Exercise 3-5A (Algo) Contribution margin per unit approach for break-even and desired profit LO 3-1 Information concerning a product produced by Stuart Company appears as follows Sales price per unit Variable cost per unit Total annual fixed manufacturing and operating costs $ 172 $ 85 $600, 300 Required Determine the following: a. Contribution margin per unit. b. Number of units that Stuart must sell to break even. c. Sales level in units that Stuart must reach to earn a profit of $113,100. a. Contribution margin per unit b. Break-even in units c. Required sales in units Exercise 3-6A (Algo) Cost structure, rlsk, and the break-even point LO 3-2 Walton Company produces a product that sells for $38 per unit and has a variable cost of $15 per unit. Walton incurs annual fixed costs of $115.000. Required a. Determine the sales volume in units and dollars required to break even. (Do not round Intermediate calculations.) b. Calculate the break-even point assuming fixed costs increase to $213.900. (Do not round Intermediate calculations.) a. Sales volume in units Sales in dollars b. Break-even units Break-even sales
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