Question

In: Accounting

Snow Cap Springs produces and sells water filtration systems for homeowners. Information regarding its three models...

Snow Cap Springs produces and sells water filtration systems for homeowners. Information regarding its three models is shown below.

Basic

Basic Plus

Premium

Total
Units sold 580 220 200 1,000
Selling price $251 $404 $800
Variable cost $200 $283 $417


The company’s total fixed costs to produce the filtration systems are $185,920.

Determine the sales mix as a function of units sold for the three products.

Basic

Basic Plus

Premium
The sales mix as a function of units sold

  %

  %

  %

eTextbook and Media

  

  

Determine the weighted-average unit contribution margin. (Round answer to 2 decimal places, e.g. 10.25.)

Weighted-average unit contribution margin

$Type your answer here

eTextbook and Media

  

  

Determine the total number of units that the company must produce to break even.

Break-even point in units

Type your answer here

 units

eTextbook and Media

  

  

Determine the number of units of each model that the company must produce to break even.

Basic units
Basic Plus units
Premium units

Solutions

Expert Solution

ekkarill92 answered 2 years ago
Next > < Previous

Related Solutions

Snow Cap Springs produces and sells water filtration systems for homeowners. Information regarding its three models...
Snow Cap Springs produces and sells water filtration systems for homeowners. Information regarding its three models is shown below. Basic Basic Plus Premium Total Units sold 1,071 391 238 1,700 Selling price $252 $399 $804 Variable cost $194 $293 $416 The company’s total fixed costs to produce the filtration systems are $126,764. Determine the sales mix as a function of units sold for the three products Determine the weighted-average unit contribution margin Determine the total number of units that the...
Snow Cap Springs produces and sells water filtration systems for homeowners. Information regarding its three models...
Snow Cap Springs produces and sells water filtration systems for homeowners. Information regarding its three models is shown below. Basic Basic Plus Premium Total Units sold 912 368 320 1,600 Selling price $248 $404 $801 Variable cost $194 $287 $411 The company’s total fixed costs to produce the filtration systems are $203,535. Determine: The sales mix as a function of units sold for the three products (round answers to 0 decimal places) The weighted-average unit contribution margin (round answers to...
1. Glacial Springs produces and sells water filtration systems for homeowners. Information regarding its three models...
1. Glacial Springs produces and sells water filtration systems for homeowners. Information regarding its three models is shown below. Basic Basic Plus Premium Total Units sold 540 300 360 1,200 Selling price $240 $435 $755 Variable cost $185 $270 $430 3. The Richibouctou Inn is trying to determine its break-even point. The inn has 71 rooms available that are rented at $60 a night. Operating costs are as follows: Salaries $9,240 per month Maintenance $480 per month Utilities $1,930 per...
Please answer B Safe and Secure, Inc. produces three models of home security systems. Information on...
Please answer B Safe and Secure, Inc. produces three models of home security systems. Information on the three products is given below: Assurance Decoder Burglar Beware Sales $455,400 $759,000 $303,600 Variable expenses 227,700 303,600 212,520 Contribution margin 227,700 455,400 91,080 Fixed expenses 176,400 345,000 142,800 Net income $51,300 $110,400 $(51,720 ) Fixed expenses consist of $446,600 of common costs allocated to the three products based on relative sales, and additional fixed costs of $44,400 (Assurance), $121,400 (Decoder), and $51,800 (Burglar...
Way Cool produces two different models of air conditioners. The company produces mechanical systems in its...
Way Cool produces two different models of air conditioners. The company produces mechanical systems in its components department. The mechanical systems are combined with the housing assembly in its finishing department. The activities, costs, and drivers associated with these two manufacturing processes and production support processes follow. Process Activity Overhead Cost Driver Quantity Components Changeover $586,950 Number of batches 910 Machining $355,355 Machine hours 7,810 Setups $72,400 Number of setups 40 $1,014,705 Finishing Welding $296,550 Welding hours 4,500 Inspecting $289,000...
Agnew Manufacturing produces and sells three models of a single product, Standard, Superior, and DeLuxe, in...
Agnew Manufacturing produces and sells three models of a single product, Standard, Superior, and DeLuxe, in a local market and in a regional market. At the end of the first quarter of the current year, the following income statement (in thousands of dollars) has been prepared. Total Local Regional Sales revenue $ 15,300 $ 11,790 $ 3,510 Cost of goods sold 12,105 9,315 2,790 Gross margin $ 3,195 $ 2,475 $ 720 Marketing costs 1,230 705 525 Administrative costs 606...
Agnew Manufacturing produces and sells three models of a single product, Standard, Superior, and DeLuxe, in...
Agnew Manufacturing produces and sells three models of a single product, Standard, Superior, and DeLuxe, in a local market and in a regional market. At the end of the first quarter of the current year, the following income statement (in thousands of dollars) has been prepared: Total Local Regional Sales revenue $ 7,800 $ 6,000 $ 1,800 Cost of goods sold 6,060 4,650 1,410 Gross margin $ 1,740 $ 1,350 $ 390 Marketing costs 630 360 270 Administrative costs 312...
Khloe’s Boys produces and sells three models of action figures representing the athletes and celebrities Khloe...
Khloe’s Boys produces and sells three models of action figures representing the athletes and celebrities Khloe Kardashian has been involved with (let’s assume there are just three). In March 2018, Lamar Odom's sales were $100,000 and its variable expenses were $58,000. French Montana's sales were $150,000 and its variable expenses were $102,000. Tristan Thompson’s sales were $250,000 and its variable expenses were $130,000. The company's fixed expenses were $96,600 a. Determine the overall break-even point for the company in sales...
Way Cool two different models of air conditioners. The company produces mechanical systems in its components...
Way Cool two different models of air conditioners. The company produces mechanical systems in its components department. The mechanical systems are combined with the housing assembly in its finishing department. The activities, costs, and drivers associated with these two manufacturing processes and the production support process follow. Process Activity Overhead Cost Driver Quantity Components Changeover $470,000 Number of batches 750 Machining $309,000 Machine hours 8,220 Setups $226,000 Number of setups 140 $1,005,000 Finishing Welding $192,000 Welding hours 5,700 Inspecting $224,000...
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill,...
Texas-Q Company produces and sells barbeque grills. Texas-Q sells three models: a small portable gas grill, a larger stationary gas grill, and the specialty smoker. In the coming year, Texas-Q expects to sell 21,200 portable grills, 58,300 stationary grills, and 5,300 smokers. Information on the three models is as follows: Portable Stationary Smokers Price $95 $201 $249 Variable cost Per unit 50 129 139 Total fixed cost is $2,358,760. Required: 1. What is the sales mix of portable grills to...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT