Compute the contribution margin per unit

Assignment Help Accounting Basics
Reference no: EM132198341

Question - Flannigan Company manufactures and sells a single product that sells for $500 per unit; variable costs are $270. Annual fixed costs are $943,000. Current sales volume is $4,250,000. Compute the contribution margin per unit.

$500.

$270.

$363.

$354.

$230.

Reference no: EM132198341

Questions Cloud

Describe the evolution of managed care : Describe the evolution of managed care and the forces that have driven its evolution. Explain how managed care influences access to and utilization.
Compute the total product cost per unit : Variable overhead, $190,000, and Fixed overhead, $285,000. Compute the total product cost per unit under absorption costing
Discuss the associated steps of your model : Consider an organizational change you may have experienced in your work, church, or school. Using the model assigned to you, discuss the associated steps.
Most important aspect of international risk management : What do you think is the most important aspect of international risk management for a manager? Why?
Compute the contribution margin per unit : Variable costs are $270. Annual fixed costs are $943,000. Current sales volume is $4,250,000. Compute the contribution margin per unit
Discuss the phases of the model in detail : The first half of your presentation will include the discussion of the nine models, and in the second half of your presentation, select the change model.
Difference between pull promotion and push promotion : What's the difference between a "pull" promotion and a "push" promotion? Who are the targets of each? Explain.
What amount should have been reported as fixed costs : What amount should have been reported as fixed costs in the company's contribution margin income statement for the year in question
Rethink the traditional notion of retirement : Does society need to rethink the traditional notion of retirement? Please explain.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much warranty expense does the company report

Chang Co. sold a copier costing $3,800 with a two-year parts warranty to a customer on August 16, 2011, for $5,500 cash. Chang uses the perpetual inventory.

  Classification of liabilities

Indicate whether each of the items above should be classified on December 31, 2014, as a current liability, a long-term liability, or under some other classification.

  Calculate the number of units that circle must sell

Circle Corporation makes a product that sells for $400 per unit. Calculate the number of units that Circle must sell to make $350,000 in profits

  What balance in accounts receivable

During 20X3, Blue provided engineering services to Skyler and has not yet been paid for them. There were no other receivables or payables between Blue and Skyler at December 31, 20X3.

  How the demand of loanable funds would be affected

Given the preceding information, determine how the demand for and the supply of loanable funds would be affected, and determine the future direction.

  Assume that actual manufacturing overhead was 152500 and

mastercraft incorporated has decided to use a predetermined rate to assign manufacturing overhead to production. the

  Describe the indirect method for determining net cash

Describe the indirect method for determining net cash provided (used) by operating activities.

  Evaluate ibm''s earnings per share (basic)

evaluate IBM's earnings per Share (basic), and identify the factors most responsible for the increase in IBM's earnings.

  Discuss the disclosure requirement on accounting policies

Discuss the disclosure requirement on accounting policies, and identify at least two (2) examples of the most commonly required disclosure

  What is sweet charitys margin of safety in dollars

Sweet Charity Company manufactures candy bars for fundraising initiatives for children's nonprofits. What is Sweet Charity's margin of safety in dollars?

  Record events occurring on october one and december fifteen

Record the events occurring on October 1 and December 15 in a horizontal statements model like the following one.

  Review the financial statements from coca-cola company

Discuss the types of costing method(s) the company uses. Give 1-2 examples of each method presented.(costing methods are variable, fixed, sunk, opportunity, direct and indirect)

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