The wilcox company sells 2 products a and b with

Assignment Help Managerial Accounting
Reference no: EM13372930

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.

Reference no: EM13372930

Questions Cloud

Greener grass company ggc competes with its main rival : greener grass company ggc competes with its main rival better lawns and gardens blg in the supply and installation of
Concepts for analysis 16-6 eps concepts and effect of : concepts for analysis 16-6 eps concepts and effect of transactions on eps chorkina corporation a new audit client of
Answer needed only1 accounting is an information and : answer needed only1. accounting is an information and measurement system that identifies records and communicates
I a closed economyc 500 075y-t 2i 375 - 25r 3t 500 4g : in a closed economy....c 500 0.75y-t 2i 375 - 25r 3t 500 4g 500 5msmd 6ms 1000 7mdp lry 0.5y - 50rcalculate the
The wilcox company sells 2 products a and b with : the wilcox company sells 2 products a and b with contribution margin ratios of 40 and 30 and selling prices of of 5.00
A subsample from the current population survey is taken on : a subsample from the current population survey is taken on weekly earnings of individuals their age and their gender.
Exercise 6-2lyle okeefe invests 30300nbspatnbsp10 annual : exercise 6-2lyle okeefe invests 30300nbspatnbsp10 annual interest leaving the money invested without withdrawing any of
1 a write down everything you would require durint your : 1. a. write down everything you would require durint your preparation for the debate.your preparation should include
Sims and partner opened a business and their checking : sims and partner opened a business and their checking account included both names. big company a client of the business

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Provides the higher profit for the season

Write a report to your manager advising - the advantages and disadvantages of simulation models and why a manager might be forced to use simulation instead of an analytical model in dealing

  Prepare a production cost report for the month of august

Aussie Yarn Co. is a U.S. producer of woolen yarn made from wool imported from Australia. Raw wool is processed, spun, and finished before being shipped out to knitting and weaving companies.

  What is the lowest price grumbles industries should accept

Calculate the contribution each of the three alternatives will make to Grumbles Industries' pre-tax profits and what is the lowest price Grumbles Industries should accept?

  Question 1martinez plastics company makes just two product

question 1martinez plastics company makes just two product lines plastic casings for pens and plastic casings for cell

  Purpose of transfer pricing policies

Calculate the increase or decrease in profits for the three divisions and the company as a whole (four separate computations) if the agreement is enforced. Explain your thought process, comment on the situation, and make a suggestion based on the com..

  Description of variable cost

If a company sells a product at $60.00 per unit that has unit variable costs of $40.00 The co break-even sales volume is $120,000 How much profit will the company make if it sells 4,000 units? Please explain.

  What is the purpose of an entity

What is the purpose of an entity and what are the rights of the stakeholders of an entity?

  Compute cost of production changes

Speedy Dress Manufacturing has two workstations, cutting and finishing. The cutting station is limited by the speed of operating the cutting machine. Finishing is limited by the speed of the workers. Finishing normally waits for work from cutting.

  What is the minimum acceptable price

For Tamworth Cabinets, what is the minimum acceptable price of this one-time-only special order and other than price, what other items should Tamworth Cabinets consider before accepting this one-time-only special order?

  Managerial accounting case

ACT 6691, Managerial Accounting Case: - Read the case and analyze the information. Prepare a narrative report (or notes to the income statement) addressing why/how quantitative items were selected. The following items must be explained:

  Evaluating proposals with help of cvp analysis

Phonetronix is the small manufacturer of telephone and communications devices. Recently, company management decided to investigate the profitability of cellular phone production. They've three different proposals to evaluate.

  Computing advantage to making or buying

Curtis Corporation is beginning to manufacture Mighty Mint, a new mouthwash in a small spray container. The product will be sold to wholesalers and large drugstore chains in packages of 30 containers for $19 per package.

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