Answer:
Total production cost: $121,000
Unit cost: 17,2857 = $17.29
Explanation:
the unit cost will be the result of dividing the total unit putput by the cost added into the manufacturing process to generate that ouput.
material cost + labor cost + overhead cost = total cost
26,000 + 20,000 + 70,000 = 121,000
<em><u>Then we divide over the total output</u></em>
121,000 / 7,000 = 17,2857
Answer:
$2,166.60
Explanation:
Divide the salary by 12 months that are in a year, then divide my 2 because bi-weekly is every 2 weeks.
Answer:
Please see answers below
Explanation:
A. For break even point
= fixed expenses - Contribution margin per unit
Where,
Contribution margin per unit = Sales per unit - Variable cost per unit
= $11 - $4
= $7
Therefore,
Break even points in unit = $58,800 ÷ $7
= 8,400 pizzas
B. Target profit
The break even point = Fixed costs expenses + Target profit / Contribution margin per unit
= ($58,800 + $54,000) / $7
= $112,800 / $7
= 16,114 pizzas
C. Margin of safety in dollars
= (Total sales - Break even in sales) * Selling price per unit
= ( 9,900 - 8,400 ) * $11
= 1,500 * $11
= $16,500
D. Contribution margin in lay man's term.
Contribution margin is when a firm makes or produces a product and then sold it, the difference that is left after deducting variable costs(costs associated with the sales like cost of raw materials used in producing the product) from the the sales of such product is the contribution margin.
Answer:
C. 37.4%
Explanation:
The computation of the gross profit margin is shown below:
Gross profit margin is
= Gross profit ÷ Sale revenue × 100
= $4,267.2 ÷ $11,406.90 × 100
= 37.4%
By dividing the gross profit by the sales revenue we can get the gross profit margin.
It is always expressed in a percentage form
All the other information which is given in the question is not relevant. Hence, ignored it
Answer:
The answer is false, letter B
Explanation:
Because to be a true statement the strategie would be to achieve competitive advantage by making IS investments that enable new prodcuts and services.