globalessaywriters-essay-writing agency

Meriden Company has a unit selling price of $730, variable

Meriden Company has a unit selling price of $730, variable
Resolved Question:
Meriden Company has a unit selling price of $730, variable costs per unit of $438, and fixed costs of $195,932.

Compute the break-even point in units using the mathematical equation.
Break-even point units

Need Help Writing an Essay?

Tell us about your assignment and we will find the best writer for your paper.

Write My Essay For Me

For Turgo Company, variable costs are 65% of sales, and fixed costs are $176,700. Management’s net income goal is $62,875.

Compute the required sales in dollars needed to achieve management’s target net income of $62,875.
Required sales $

For Kozy Company, actual sales are $1,178,000 and break-even sales are $777,480.

Compute the margin of safety in dollars and the margin of safety ratio.
Margin of safety $

Margin of safety ratio %
Montana Company produces basketballs. It incurred the following costs during the year.
Direct materials $14,444
Direct labor $25,073
Fixed manufacturing overhead $9,836
Variable manufacturing overhead $31,563
Selling costs $21,066

What are the total product costs for the company under variable costing?
Total product costs $
Polk Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2012, the company incurred the following costs.
Variable Cost per Unit
Direct materials $8.03
Direct labor $2.62
Variable manufacturing overhead $6.15
Variable selling and administrative expenses $4.17

Fixed Costs per Year
Fixed manufacturing overhead $250,272
Fixed selling and administrative expenses $256,907

Polk Company sells the fishing lures for $26.75. During 2012, the company sold 80,100 lures and produced 94,800 lures.
(a)Assuming the company uses variable costing, calculate Polk’s manufacturing cost per unit for 2012. (Round answer to 2 decimal places, e.g.10.50.)
Manufacturing cost per unit $
For the quarter ended March 31, 2012, Maris Company accumulates the following sales data for its product, Garden-Tools: $322,900 budget; $330,000 actual.

Prepare a static budget report for the quarter.
Sales Budget Report
For the Quarter Ended March 31, 2012
Product Line Budget Actual Difference
Garden-Tools $
$ $
Link to Text

Brief Exercise 21-4

Gundy Company expects to produce 1,272,600 units of Product XX in 2012. Monthly production is expected to range from 84,440 to 116,020 units. Budgeted variable manufacturing costs per unit are: direct materials $3, direct labor $7, and overhead $9. Budgeted fixed manufacturing costs per unit for depreciation are $5 and for supervision are $3.

Prepare a flexible manufacturing budget for the relevant range value using 15,790 unit increments. (List variable costs before fixed costs.)
Monthly Flexible Manufacturing Budget
For the Year 2012

Welcome to one of the most trusted essay writing services with track record among students. We specialize in connecting students in need of high-quality essay writing help with skilled writers who can deliver just that. Explore the ratings of our essay writers and choose the one that best aligns with your requirements. When you rely on our online essay writing service, rest assured that you will receive a top-notch, plagiarism-free A-level paper. Our experienced professionals write each paper from scratch, carefully following your instructions. Request a paper from us and experience 100% originality.

From stress to success – hire a pro essay writer!