Reference no: EM132952742
CompuDesk,Inc., makes an oak desk specially designed for personal computers. Data for last year's operations follow:
The desk sells for $500 Sales (400 units) $200,000
Direct materials used 40,000
Variable manufacturing overhead 35,000
Fixed selling and administrative costs 10,000
Direct labor 30,000
Fixed manufacturing overhead 50,000
Variable selling and administrative costs 5,000
Problem 1. Compute the total manufacturing cost of goods sold
Problem 2. Compute the gross margin or gross profit
Problem 3. Compute the contribution margin
Problem 4. Compute the operating income or loss
Problem 5. Compute the company's break-even point in number of units sold
Problem 6. Compute the company's break-even point in $ sales
|
Determine the degree of operating leverage
: Poseidon Swim has average fixed costs per year of $5,496. Determine the degree of operating leverage for the level of production and sales 495 swim trunks
|
|
What would be the company new cm ratio
: If the new plant is built, what would be the company's: (a) new CM ratio; (b) new break-even point in number of computers; and (c) new net income?
|
|
Which discount percentage did she receive
: Ann bought three sweaters online. Each of the sweaters was normally priced at $75. Which discount percentage did she receive
|
|
How much will she be able to keep after paying taxes
: If Kathleen receives a $17,000 distribution from her Roth 401(k) account, how much will she be able to keep after paying taxes and penalties
|
|
Compute the total manufacturing cost of goods sold
: Compute the total manufacturing cost of goods sold. CompuDesk,Inc., makes an oak desk specially designed for personal computers.
|
|
What is the markup percentage used on the product
: If Camelot uses absorption manufacturing cost when applying its markup, what is the markup percentage used on this product?
|
|
Explain why fridges ltd can or cannot claim a deduction
: Fridges Ltd manufactures drink fridges in a factory in Christchurch. Explain why Fridges Ltd can or cannot claim a deduction for the cost of installing
|
|
Compute the bond issue price
: Baiman, Inc. issues $1,000,000 of zero-coupon bonds that mature in 10 years. Compute the bond issue price
|
|
How financial statement analysis could be used
: Describe and critique how financial statement analysis could be used for that organization. If you do not have relevant work experience
|