Fixed costs: Manufacturing $115,000 Marketing 20,000 Administrative 17,000 Variable costs: Manufacturing $115,000 Marketing 21,000 Administrative 38,000...

Fixed costs:

Manufacturing $115,000

Marketing 20,000

Administrative 17,000

Variable costs:

Manufacturing $115,000

Marketing 21,000

Administrative 38,000

During the year, the company produced and sold 40,000 units of product at a selling price of $10.42 per unit. There was no beginning inventory of product at the beginning of the year. What is the contribution margin per unit for Blaine Corporation? (Round any intermediary calculations and your final answer to the nearest cent.)

Solutions

Expert Solution

Sales	416,800
Variable Manufactring Costs	115,000
Gross Contribution Margin	301,800
variable Marketing Expenses	21,000
Variable Administrative Expenses	38,000
Contribution Margin	242,800
No. of Units	40,000
Contribution Margin per Unit	6.07

Dear Student,

Best effort has been made to give quality and correct answer. But if you find any issues please comment your concern. I will definitely resolve your query.

Also please give your positive rating.

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

Tech Com's. predicted 2017 variable and fixed costs are as follows: Variable costs Fixed costs Manufacturing...

Tech Com's. predicted 2017 variable and fixed costs are as follows: Variable costs Fixed costs Manufacturing 480,000 315900 Selling and Administrative 216,000 60500 Total 696,000 376,400 Tech com. produces a wide variety of computer interface devices. Per unit manufacturing cost information about one of these products, a high-capacity flash drive is as follows: Direct material $10 Direct labor 9 Variable Manufacturing Overhead 7 Fixed Manufacturing Overhead 9 Total manufacturing costs $35 The following is the variable selling and administrative costs...

Variable Costing—Production Exceeds Sales Fixed manufacturing costs are $37 per unit, and variable manufacturing costs are...

Variable Costing—Production Exceeds Sales Fixed manufacturing costs are $37 per unit, and variable manufacturing costs are $111 per unit. Production was 91,000 units, while sales were 86,450 units. a. Determine whether variable costing income from operations is less than or greater than absorption costing income from operations. b. Determine the difference in variable costing and absorption costing income from operations. $

Given Sales in units 10,000 Variable manufacturing costs per unit 5 Variable administrative costs per unit...

Given Sales in units 10,000 Variable manufacturing costs per unit 5 Variable administrative costs per unit 2 Fixed manufacturing costs per unit 2 Fixed administrative costs per unit 1 Variable costs 75% of sales Selling price per unit? $2.22 $9.33 $17.50 $20 Given for XM Company the following data for January 20X1. Direct material purchased and used in production accounted for $ 50000 Units purchased 5000 The standard units 4200 Managers estimate price variance not to exceed +1% of the...

A company’s budgeted costs for 60,000 units are as follows: Fixed manufacturing costs $30,000 Variable manufacturing...

A company’s budgeted costs for 60,000 units are as follows: Fixed manufacturing costs $30,000 Variable manufacturing costs $15.00 per unit The company produced 50,000 units. How much is the flexible budget total manufacturing cost?

If variable manufacturing costs are $8 per unit and total fixed manufacturing costs are $454,300, what...

If variable manufacturing costs are $8 per unit and total fixed manufacturing costs are $454,300, what is the manufacturing cost per unit if: a. 5,900 units are manufactured and the company uses the variable costing concept? $ b. 7,700 units are manufactured and the company uses the variable costing concept? $ c. 5,900 units are manufactured and the company uses the absorption costing concept? $ d. 7,700 units are manufactured and the company uses the absorption costing concept? $

If variable manufacturing costs are $8 per unit and total fixed manufacturing costs are $444,000, what...

If variable manufacturing costs are $8 per unit and total fixed manufacturing costs are $444,000, what is the manufacturing cost per unit if a. 6,000 units are manufactured and the company uses the variable costing concept? $ b. 7,400 units are manufactured and the company uses the variable costing concept? $ c. 6,000 units are manufactured and the company uses the absorption costing concept? $ d. 7,400 units are manufactured and the company used the absorption costing concept?

If variable manufacturing costs are $10 per unit and total fixed manufacturing costs are $325,000, what...

If variable manufacturing costs are $10 per unit and total fixed manufacturing costs are $325,000, what is the manufacturing cost per unit if a. 5,000 units are manufactured and the company uses the variable costing concept? $ b. 6,500 units are manufactured and the company uses the variable costing concept? $ c. 5,000 units are manufactured and the company uses the absorption costing concept? $ d. 6,500 units are manufactured and the company used the absorption costing concept? $

Variable manufacturing costs are $103 per unit, and fixed manufacturing costs are $162,000. Sales are estimated...

Variable manufacturing costs are $103 per unit, and fixed manufacturing costs are $162,000. Sales are estimated to be 7,500 units. If an amount is zero, enter "0". Do not round interim calculations. Round final answer to nearest whole dollar. a. How much would absorption costing income from operations differ between a plan to produce 7,500 units and a plan to produce 9,000 units? $ b. How much would variable costing income from operations differ between the two production plans? $

Variable manufacturing costs are $108 per unit, and fixed manufacturing costs are $53,200. Sales are estimated...

Variable manufacturing costs are $108 per unit, and fixed manufacturing costs are $53,200. Sales are estimated to be 5,300 units. If an amount is zero, enter "0". Do not round interim calculations. Round final answer to nearest whole dollar. a. How much would absorption costing income from operations differ between a plan to produce 5,300 units and a plan to produce 7,600 units?

A. What are Apple INC's fixed and variable costs to the company of producing, marketing, and...

A. What are Apple INC's fixed and variable costs to the company of producing, marketing, and selling the new good or service, and how do those fit with the company’s short- and long-term objectives? Support your narrative with a table showing calculations and any assumptions. B. How much is the target market willing and able to pay for Apple's product or service? Use target market analysis and research on competitors’ prices to support your answer. C. Are targeted consumers willing...

Subjects