Question
In: Accounting
E19.9 (LO 2) Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures...
E19.9 (LO 2) Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data.
Compute break-even point in units for a company with multiple products.
| Pairs of Shoes |
Pairs of Gloves |
Range- Finder |
||||
| Unit sales price | $100 | $30 | $260 | |||
| Unit variable costs | 60 | 10 | 200 | |||
| Unit contribution margin | $ 40 | $20 | $ 60 | |||
| Sales mix | 35% | 55% | 10% |
Fixed costs are $620,000.
Instructions
a. Compute the break-even point in units for the company.
b. Determine the number of units to be sold at the break-even point for each product line.
c. Verify that the mix of sales units determined in (b) will generate a zero net income.
Solutions
here is the solution..Thank
you
ekkarill92 answered 1 year agoRelated Solutions
Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below...
Tiger Golf Accessories sells golf shoes, gloves, and a
laser-guided range-finder that measures distance. Shown below are
unit cost and sales data.
Pairs of
Shoes
Pairs of
Gloves
Range-
Finder
Unit sales price
$105
$30
$240
Unit variable costs
58
12
200
Unit contribution margin
$47
$18
$40
Sales mix
38
%
44
%
18
%
Fixed costs are $610,130.
Calculate weighted-average unit contribution margin.
(Round answer to 2 decimal places e.g.
10.25.)
Weighted-average unit contribution margin
$Type your answer...
Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below...
Tiger Golf Accessories sells golf shoes, gloves, and a
laser-guided range-finder that measures distance. Shown below are
unit cost and sales data.
Pairs of
Shoes
Pairs of
Gloves
Range-
Finder
Unit sales price
$105
$33
$242
Unit variable costs
58
10
205
Unit contribution margin
$47
$23
$37
Sales mix
32
%
44
%
24
%
Fixed costs are $653,568.
Incorrect answer iconYour answer is incorrect.
Calculate weighted-average unit contribution margin.
(Round answer to 2 decimal places e.g.
10.25.)
Weighted-average...
Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below...
Tiger Golf Accessories sells golf shoes, gloves, and a
laser-guided range-finder that measures distance. Shown below are
unit cost and sales data.
Pairs of
Shoes
Pairs of
Gloves
Range-
Finder
Unit sales price
$104
$33
$242
Unit variable costs
58
12
203
Unit contribution margin
$46
$21
$39
Sales mix
35
%
40
%
25
%
Fixed costs are $750,075.
Calculate weighted-average unit contribution margin.
(Round answer to 2 decimal places e.g.
10.25.)
Weighted-average unit contribution margin
$
eTextbook and...
Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below...
Tiger Golf Accessories sells golf shoes, gloves, and a
laser-guided range-finder that measures distance. Shown below are
unit cost and sales data. Pairs of Shoes Pairs of Gloves Range-
Finder Unit sales price $104 $32 $241 Unit variable costs 59 11 205
Unit contribution margin $45 $21 $36 Sales mix 36 % 41 % 23 % Fixed
costs are $694,890.
(a1) Calculate weighted-average unit contribution margin. (Round
answer to 2 decimal places e.g. 10.25.) Weighted-average unit
contribution margin
(a2) Calculate...
Exercise 6-9 (Video) Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures...
Exercise 6-9 (Video)
Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided
range-finder that measures distance. Shown below are unit cost and
sales data.
Pairs of
Shoes
Pairs of
Gloves
Range-
Finder
Unit sales price
$105
$33
$242
Unit variable costs
58
10
205
Unit contribution margin
$47
$23
$37
Sales mix
32
%
44
%
24
%
Fixed costs are $653,568.
Calculate weighted-average unit contribution margin.
(Round answer to 2 decimal places e.g.
10.25.)
Weighted-average unit contribution margin...
Krewatch, Inc., is a vertically integrated manufacturer and retailer of golf clubs and accessories (gloves, shoes,...
Krewatch, Inc., is a vertically integrated manufacturer and
retailer of golf clubs and accessories (gloves, shoes, bags, etc.).
Krewatch maintains separate financial reporting systems for each of
its facilities. The company experienced the following events in
2017:
1. After several years of production problems at the accessories
manufacturing plant, Krewatch sold the plant to an investor group
headed by a former manager at the plant.
2. Krewatch incurred restructuring costs of $12,562,990 when it
eliminated a layer of middle management....
Bennington Golf has developed a new laser range finder. The company has projected sales of 14,900,...
Bennington Golf has developed a new laser range finder. The
company has projected sales of 14,900, 17,600, 19,200, 21,400, and
15,300 units per year over the next five years, respectively.
Equipment necessary for production will cost $3.4 million today and
will be depreciated on a three-year MACRS schedule over the life of
the project. The equipment can be sold for $275,000 at the end of
the project’s life. The price and variable costs per unit in
today’s dollars are $118...
Laser Resources produces and sells laser components and accessories. All materials are added at the beginning...
Laser Resources produces and sells laser components and
accessories. All materials are added at the beginning of the
process. It has compiled the following information regarding its
physical units for the month of November:
Physical Units
Beginning work in process, 65% complete for conversion
34,000
Units started
74,000
Units transferred out
67,000
Ending work in process, 15% complete for conversion
Required:
1. Using the weighted-average method, reconcile
the number of physical units.
2. Using the weighted-average method, calculate
equivalent units...
Problem 9-24 Project Analysis [LO 2] McGilla Golf has decided to sell a new line of...
Problem 9-24 Project Analysis [LO 2]
McGilla Golf has decided to sell a new line of golf clubs. The
clubs will sell for $731 per set and have a variable cost of $361
per set. The company has spent $151,000 for a marketing study that
determined the company will sell 75,100 sets per year for seven
years. The marketing study also determined that the company will
lose sales of 8,600 sets per year of its high-priced clubs. The
high-priced clubs...
Problem 9-24 Project Analysis [LO 2] McGilla Golf has decided to sell a new line of...
Problem 9-24 Project Analysis [LO 2]
McGilla Golf has decided to sell a new line of golf clubs. The
clubs will sell for $731 per set and have a variable cost of $361
per set. The company has spent $151,000 for a marketing study that
determined the company will sell 75,100 sets per year for seven
years. The marketing study also determined that the company will
lose sales of 8,600 sets per year of its high-priced clubs. The
high-priced clubs...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Boarder line and antisocial disorder are perhaps the most research personality disorder.What are the most common...
- Read at least 2 academically reviewed articles and Write an annotated bibliography paper on Master Budgeting
- Why normalization and referential integrity are important principles when designing relational databases?
- Respond to the following in a minimum of 175 words: Discuss what elements should be present...
- 1) The 3rd bright fringe of a double slit interference pattern is 30.0 cm above the...
- A solar cell generates a potential difference of 0.320 V when a 445.0 ? resistor is...
- A ceiling fan consists of a small cylindrical disk with 5 thin rods coming from the...
ADVERTISEMENT