User Account

All Pages

Describe what the effect a change in the sales-mix

Assignment Help Accounting Basics
Reference no: EM132462216

Assume the Zeus Furniture Company sells two kinds of picnic tables, pine and redwood. At a 4:1 unit sales mix in which Midwest sells four pine tables for every redwood table, the following revenue and cost information is available.

                                Pine Table        Redwood Table          

Unit selling price           $200                  $600

Unit variable costs          $125                 $ 275

Unit contribution margin   $75                    $ 325

Fixed costs per month: $18,150

Required:

Assuming a 4:1 sales mix:

Question a) Calculate Zeus Furniture's current monthly average unit contribution margin.

Question b ) Break-even sales volume.

Question c) Number of units of Pine and Redwood tables at break-even point.

Question d) Describe what the effect a change in the sales-mix would have on contribution margin.

Reference no: EM132462216

Questions Cloud

Assume the loan was advanced on january : Receive repayment in full in cash or to accept 40,000 common shares as full repayment. Assume the loan was advanced on January 1, 2020
KB7008 Advanced Stress and Structural Analysis Assignment : KB7008 Advanced Stress and Structural Analysis Assignment Help and Solution, Northumbria University - Assessment Writing Service - Defend your engineering
Prepare the journal entry to record the accrual of interest : Prepare the journal entry to record the accrual of interest and the related amortization on December 31, 2020.Prepare the journal entry to record the accrual
Calculate the standard deviation of the distribution : What would you expect to happen to variance or risk if the pool was extremely large? Why?Calculate the standard deviation of the distribution
Describe what the effect a change in the sales-mix : Calculate Zeus Furniture's current monthly average unit contribution margin.Describe what the effect a change in the sales-mix would have on contribution margin
Preapre branson entry to record the acquisition of share : Preapre Branson entry to record the acquisition,Prepare consolidation worksheet entries as of December 31, 2018, assuming that Branson has applied
Determine the dollar amount of the FY cost of goods sold : Cost of goods manufactured for the FY 2018 was $396,000. Use this information to determine the dollar amount of the FY 2018 cost of goods sold.
Write a memo to audit partner informing for recommendation : Does the illegal act increase the potential for fraud in the financial statements,Assess the impact on the audit of the internal controls in the human resources
Why the movie is about project management planning : How and why the movie is about PROJECT MANAGEMENT PLANNING in a 500-word summary and answer these 3 questions at the beginning

Reviews

Write a Review

Accounting Basics Questions & Answers

  Is the choice of lifo relevant circumstance compared to fifo

If uniformit, means eliminating alternative accounting treatments, then surely comparability of financial statements of different enterprises would be improved.

  Determine geralds adjusted basis for the land and building

On September 18, 2016, Gerald received land and a building from Frank as a gift. Determine Gerald's adjusted basis for the land and building.

  Perform a split-off

Under what circumstances would you expect a corporation to perform a split-off? Spin-off? Split-up? Discuss the advantages and disadvantages.

  Calculate the budgeted roi for the lawn mower division

Chudzik Manufacturing Company makes garden and lawn equipment. Calculate the budgeted ROI for the lawn mower division

  Production and direct labor cost budgets

Levi Strauss & Co. manufactures slacks and jeans under a variety of brand names, such as Dockers® and 501 Jeans®. Slacks and jeans are assembled by a variety of different sew- ing operations. Assume that the sales budget for Dockers and 501 Jeans..

  Two primary goals of internal control

An introduction to internal controls, explaining in your own words the two primary goals of internal control. A description of how the Sarbanes-Oxley Act of 2002 has affected internal controls

  Jaime inc manufactures two products sweaters and jackets

jaime inc. manufactures two products sweaters and jackets. the company has estimated its overhead in the

  Determine for the unit sales that are required to earn

Using the equation method, determine for the unit sales that are required to earn a target profit of $8,450

  Analysis of the report of the special investigative

ACCT -Report Summary and Analysis of the Report of the Special Investigative Committee of the Board of Directors of Enron Corporation (Powers Report) and Description of the related party transactions reported on by Arthur Andersen & Co.

  How is it possible for a company to suffer a net loss for

how is it possible for a company to suffer a net loss for a given year yet produce a positive net cash flow from

  What amount would appear on the statement of cash flows

Assume that a company repays a $300,000 loan from its bank and then later in the same year borrows $500,000. What amount(s) would appear on the statement of cash flows?

  Prepare a multistep income statement

Woozie Floozy Company decided to discontinue its entire wholesale operations and to retain its manufacturing operations. On September 15, Woozie Floozy sold the wholesale operations to Flippy-Floppy Company. During 2014, there were 200,000 shares..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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