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The Wilcox Company sells 2 products, A and B, with contribution margin ratios of 40 and 30% and selling prices of of $5.00 and $2.50 a unit. Fixed costs amount to $72,000 a month. Monthly sales average 30,000 units of product A and 40,000 of product B.Required:a.) Assuming that three units of product A are sold for every four units of product B, calculate the dollar sales volume necessary to break-even.b.) As part of its cost accounting routine, Wilcox Company assigns $36,000 in fixed costs to each product each month. Calculate the break-even dollar sales volume for each project.
Wysocki Company pays its sales force a fixed salary plus a 5% commission on all sales. Explain why sales force costs would be considered a mixed cost.
Draw conclusions regarding the nature of the problem and possible solutions, and develop recommendations for the managers in question and write a memorandum to the organization's managers that summarizes your analysis, findings and recommendations.
Overhead is applied on the basis of direct labor hours. Coen's total overhead variance and evaluate the ToolTime's total variance
Produce a per unit cost statement for each product, a breakeven point with underlying assumptions to support your figures and prepare a Five Year Budget Income Statement using marginal costing principles
MAM603: Determine whether the company should discontinue operating the Consumer Division.If the company had discontinued the division for 2010, determine what net income would have been.
Explain any opportunity, sunk, out-of-pocket, and/or relevant costs that figured in Rosley's decision. How did Rosley compute the $400 per month savings?
Prepare a flowchart of a typical job order system with arrows showing the flow of costs and prepare separate journal entries for each type of manufacturing cost.
What amount is in the scholarship account just after the 5000 deposit is made on January 1, 2010 - A scholarship fund is started on January 1, 2000 with an initial deposit of 100,000 in an account earning i(2)=.08, with interest credited every June..
New Public Management is becoming the dominant managerial approach in the United States. As a Council member, I certainly saw a movement towards NPM in some administrative areas of the city, but in others the more traditional approach remained.
Give the following cost data Costs /per unit labor . $ 4 Materials .5 Fixed cost . $ 12000 Determine the break even point in units if the selling price is $ 19.00 Determine the break-even point in sales at a selling price of $ 19.00 What would profit..
portraits unlimited company budgeting projectkarl richards president of portraits unlimited company was just concluding
Jackson Construction Company uses a job order costing system. In May 2008, Jackson made a $1,650,000 bid to build a pedestrian overpass over the beach highway in Gulfport, Mississippi.
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