Variable costs per composite unit

Assignment Help Managerial Accounting
Reference no: EM13909329

Handy Home sells windows and doors in the ratio of 8:2 (windows: doors). The selling price of each window is $200 and of each door is $500. The variable cost of a window is $125 and of a door is $350. Fixed costs are $900,000. Use this information to determine the 

(1) Selling price per composite unit, 

(2) Variable costs per composite unit, 

(3) Break even point in composite units, 

(4) Number of units of each product that will be sold at the break even point.

Reference no: EM13909329

Questions Cloud

One of the widely debated issues in macroeconomic policy : One of the widely debated issues in macroeconomic policy is related government budget, which involves government spending and taxes. Should the government always balance its budget? If you think it should, what steps do you suggest that it should tak..
Explain main arguments in favor of economic stabilization : Explain the main arguments in favor of economic stabilization during recessions. Explain why policy lags could make stabilization policies counterproductive.
Efficient market hypothesis-is the stock market efficient : The finance industry is in the midst of a transformative period of evolution, and financial economists have a huge agenda to tackle. Capital Marketing Theory and the Efficient Market Hypothesis are two common concepts used to describe the relationshi..
Pricniples of macroeconomicsn : Here's a quote from Fed head Janet Yellen on at a meeting in Cleveland on July10 this year. (see www.federalreserve.gov then click news and events...Regarding inflation, as I mentioned earlier, the recent effects of lower prices for crude oil andfor ..
Variable costs per composite unit : Handy Home sells windows and doors in the ratio of 8:2 (windows: doors).
Marginal revenue product : Marginal revenue product is defined as the change in total revenue that results from the employment of an additional unit of a resource. A producer wishes to determine how the addition of pounds of plastic will affect its MRP and profits. See the tab..
Calculate the new bond price : Consider a 5.8 percent coupon bond with eleven years to maturity and a current price of $1,060.10. Suppose the yield on the bond suddenly increases by 2 percent. a. Use duration to estimate the new price of the bond. Calculate the new bond price
Discuss the runway excursion : There are five imaginary surfaces that make up an airport's navigable airspace.  Most aviation accidents happen in the primary surface, and they are usually the flavor of runway incursions.  Do some research and tell the class why you think these run..
Taxation options on selling the stocks : George has asked you for advice. He has a stock portfolio worth about $700,000 with a cost basis of $400,000. He would like to retire and have a steady stream of income from this asset. He has no immediate family. You may make some assumptions, such ..

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Statement of ethical professional practice

Explain whether Rachel Arnett's revision of the proposal was in violation of the IMA's Statement of Ethical Professional Practice.

  Objective of allocating indirect costs

In manufacturing environment, which cost are direct and which are indirect in product costing? What is the objective of allocating indirect manufacturing overhead cost of product?

  Develop a value chain for the airline industry

Develop a value chain for the airline industry

  What information does the cash flow statement provide

What information does the cash flow statement provide that you cannot see in the other financial statements (income statement, balance sheet, owner's equity)?

  Variable costing-segment reporting

Michaels Company segments its income statement in its east and west divisions.The company's entire sales, contribution margin ratio, and net operating income are $600,000, 50%, and $50,000, respectively.

  Evaluate annual rate of return

Total yards used for production were 3,960. How much is the total materials variance and evaluate annual rate of return expected on this machine

  A company reported average total assets

1.A company reported average total assets of $ 1,240,000 in 2012 and $ 1,510,000 in 2013.

  Journalize the adjusting entry for bad debts at december

Journalize the adjusting entry for bad debts at December 31, 2013 - Journalize the adjusting entry for bad debts at December 31, 2014, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of 51,700 and the aging schedu..

  Evaluate the predetermined overhead rate logan products

evaluate the predetermined overhead rate logan products computes its predetermined overhead rate annually on the basis

  Calculate the joint product cost

Products Gamma and Delta are joint products. The joint production cost of the products is $800. Gamma has a market value of $500 at the split-off point.

  Find a newspaper article

Find a newspaper article or web page report of an item of accounting news, i.e. it refers to a current event, consideration, comment or decision that has been published after November 2013

  Prepare journal entries for manufacturing cost

Prepare separate journal entries for each type of manufacturing cost - During January, its first month of operations, Knox Company accumulated the following manufacturing cost

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