What is x company budgeted contribution margin per unit

Assignment Help Accounting Basics

Reference no: EM132087997

Question: X Company expects to produce and sell 60,000 units of its only product next year, and revenue is expected to be $1,885,800. The following are budgeted costs for next year:

Direct materials		296,400
Direct labor [all variable]		294,000
Variable overhead		357,000
Fixed overhead		171,600
Variable selling and administrative		322,800
Fixed selling and administrative		173,400

What is X Company's budgeted contribution margin per unit for next year [round unit numbers to the nearest cent]?

Reference no: EM132087997

Questions Cloud

Prepare the journal entry to recognize income tax benefit : Wynn Sheet Metal reported an operating loss of $184,000 for financial reporting and tax purposes in 2016. The enacted tax rate is 40%.

Statements is false regarding the liability of partners : Which of the following statements is false regarding the liability of partners?

What was the allocation to product : X Company has two production departments, X and Y. Listed below is budgeted information for the two departments, and actual information for one of its products.

Searches by the police as only people''s homes are protected : The Fourth Amendment does not protect businesses from warrantless searches by the police as only people's homes are protected.

What is x company budgeted contribution margin per unit : X Company expects to produce and sell 60,000 units of its only product next year, and revenue is expected to be $1,885,800. The following are budgeted costs.

Describe the general elements of complex sale : Using the New Strategic Selling, describe the general elements of a complex sale.

What are the components of an effective resume : What are the components of an effective resume and what are the differences between a job-specific skill and a transferable skill?

Address the primary drivers of workplace motivation : Address the primary drivers of workplace motivation and how they affect employee performance.

Determine the organization competitive position : Assess the organization's internal environment. Identify the most important strengths and weaknesses of your organization including an assessment.

User Account

All Pages