Prepare contribution margins with all revisions included

Assignment Help Financial Accounting
Reference no: EM131116273

Mendel Paper Company

Complete: Case Mendel Paper Company.

In this case, you are provided information regarding selling prices and costs of several products offered by Mendel Paper Company. In addition, management has concerns about sales mix and rising costs. Address the questions (1-5) at the end of the case. Based on the case questions, you are required to provide a three to five double-spaced written report (excluding the title and reference pages), addressing management's concerns. The written report should be properly formatted according to APA guidelines and demonstrate research and critical thinking skills. Conclusions and recommendations should be supported by at least two scholarly sources from other external sources, excluding the textbook.

For Questions 1 through 4, you will need to complete several calculations - be sure to label and clearly identify your work to demonstrate your understanding of the concept even if you are not sure if you have arrived at the correct answer. The calculations should be included as part of your analysis and written report required for submission.

For Question 5, fully address management's concerns as part of your written analysis using the original or revised estimates to support your recommendation/explanation. As part of your written analysis, include how management might use these calculations to make decisions.

Written Assignment should:

• Demonstrate graduate level work including appropriate research and critical thinking skills.
• Prepare a written analysis (not a question/answer format)
• Label case questions as paragraph headings.
• Prepare title page, reference page and in-text citations following APA guidelines.(Compose response in a three- to- five double-spaced pages of content, excluding the title and reference pages)
• Support your responses with at least two scholarly sources, excluding the textbook.

Questions:

1. From all original estimates given, prepare estimated contribution margins by product line for the next fiscal quarter. Also, show the contribution margins per unit.

2. Prepare contribution margins as in part (1) with all revisions included.

3. For the original estimates, compute each of the following: a. Break-even point for the given sales mix. b. Margin of safety for the estimated sales volume.

4. For the revised estimates, compute each of the following:

a. Break-even point for the given sales mix.
b. Margin of safety for the estimated sales volume.

5. Comment on Herbert's concern about the variable cost of the place mats.

Reference no: EM131116273

Positive confirmation effort for balance sheet

The following responses, A-E, were received from a positive confirmation effort for balance sheet dated December 31, 2013, related to accounts receivable. We cannot answer you

Differences and similarities during a comparison

This week we are learning about employment benefits. Select one benefit - compare and contrast this benefit to a US only company compared to an international company. We ar

Calculate variances that isolate the effects of price

Calculate variances that isolate the effects of price and usage changes in direct materials and direct manufacturing labor and discuss the pros and cons of immediately changin

Selling and administrative expenses

Sloane Products has no Work in Process or Finished Goods inventories at the close of business on December 31 of the current year. The balances of Sloane Products' accounts as

Asset turnover ratio and total debt to total assets ratio

Determine the asset turnover ratio and total debt to total assets ratio for the Littleton Gift Shop & Tackle Store. The store has average total assets of $135,400. It has curr

What is the standard deviation of demand during lead time

What is the standard deviation of demand during lead time? What is the safety stock level that should be carried for the WAMI-1000? What is the reorder point for the WAMI-1000

What depreciation method did company use

the company produced 4,400 units and recorded a depreciation expense of $22,000. What depreciation method did the company use?

Illustrate what amount of the proceeds should be allocated

Mouser Company issues 4,000 shares of its $5 par value common stock having a market value of $25 per share and 6,000 shares of its $15 par value preferred stock having a ma

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd