subject
Business, 17.08.2019 23:20 brad59

Henry hawkins industries of batavia, ohio, manufactures and sells one product for $34 per unit. the company maintains no beginning or ending inventories and its relevant range of production is 20,000 units to 30,000 units. when henry hawkins produces and sells 25,000 units, its unit costs are as follows: amountper unitdirect materials $ 8.00direct labor $ 5.00variable manufacturing overhead $ 1.00fixed manufacturing overhead $ 6.00fixed selling expense $ 3.50fixed administrative expense $ 2.50sales commissions $ 4.00variable administrative expense $ 1.00required: 1. for financial accounting purposes, what is the total amount of product costs incurred to make 25,000 units? what is the total amount of period costs incurred to sell 25,000 units? 2. if 24,000 units are produced, what is the variable manufacturing cost per unit produced? what is the average fixed manufacturing cost per unit produced? (round your answers to 2 decimal places.)3. if 26,000 units are produced, what is the variable manufacturing cost per unit produced? what is the average fixed manufacturing cost per unit produced? (round your answers to 2 decimal places.)4. if 27,000 units are produced, what are the total amounts of direct and indirect manufacturing costs incurred to support this level of production? 5. what total incremental manufacturing cost will henry hawkins incur if it increases production from 25,000 to 25,001 units? (round your answer to 2 decimal places.)6. what is henry hawkins' contribution margin per unit? what is its contribution margin ratio? (round "contribution margin per unit" to 2 decimal places and "contribution margin ratio" to 1 decimal place.7. what is henry hawkins' break-even point in unit sales? what is its break-even point in dollar sales? (do not round your intermediate values.)8. how much will henry hawkins' net operating income increase if it can grow production and sales from 25,000 units to 26,500 units? 9. what is henry hawkins' margin of safety at a sales volume of 25,000 units? (do not round your intermediate values.)10. what is henry hawkins' degree of operating leverage at a sales volume of 25,000 units? (round your answer to 1 decimal places.)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:00
Accublade castings inc. casts blades for turbine engines. within the casting department, alloy is first melted in a crucible, then poured into molds to produce the castings. on may 1, there were 230 pounds of alloy in process, which were 60% complete as to conversion. the work in process balance for these 230 pounds was $32,844, determined as follows: exercises during may, the casting department was charged $350,000 for 2,500 pounds of alloy and $19,840 for direct labor. factory overhead is applied to the department at a rate of 150% of direct labor. the department transferred out 2,530 pounds of finished castings to the machining department. the may 31 inventory in process was 44% complete as to conversion. prepare the following may journal entries for the casting department: the materials charged to production the conversion costs charged to production the completed production transferred to the machining department determine the work in process"casting department may 31 balance.
Answers: 1
question
Business, 21.06.2019 21:30
Problem 2-18 job-order costing for a service company [lo2-1, lo2-2, lo2-3]speedy auto repairs uses a job-order costing system. the company's direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics' hourly wages. speedy's overhead costs include various items, such as the shop manager's salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. the company applies all of its overhead costs to jobs based on direct labor-hours. at the beginning of the year, it made the following estimates: direct labor-hours required to support estimated output 10,000fixed overhead cost $ 90,000variable overhead cost per direct labor-hour $ 1.00 required: 1. compute the predetermined overhead rate.2. during the year, mr. wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. the following information was available with respect to his job: direct materials $ 600direct labor cost $ 180direct labor-hours used 2 compute mr. wilkes' total job cost. 3. if speedy establishes its selling prices using a markup percentage of 30% of its total job cost, then how much would it have charged mr. wilkes?
Answers: 1
question
Business, 22.06.2019 10:20
Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
Answers: 3
question
Business, 22.06.2019 16:50
The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?
Answers: 1
You know the right answer?
Henry hawkins industries of batavia, ohio, manufactures and sells one product for $34 per unit. the...
Questions
question
Business, 13.01.2021 19:00
question
Mathematics, 13.01.2021 19:00
question
Mathematics, 13.01.2021 19:00
question
Mathematics, 13.01.2021 19:00
question
Mathematics, 13.01.2021 19:00
question
English, 13.01.2021 19:00
Questions on the website: 13722361