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 | 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 2 decimal places)
The total number of units that the company must produce to break even
The number of units of each model that the company must produce to break even
Solutions
ekkarill92 answered 3 years agoRelated 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
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
%...
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...
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...
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