Business, 23.04.2020 16:15 mpjoserivera

Toy Trucks Co. has provided the following relating to the most recent month (Aug 31, 2016) of operations, for their two main products, toy firetrucks and toy dump trucks. The company sold 20,000 firetrucks and 10,000 dump trucks. Firetrucks sell $25.00 and dump trucks sell for $20.00. Other data relating to the product lines is at follows:

Fire Trucks Dump Trucks
Variable Expenses as a % of Sales 60% 50%
Traceable Fixed Costs $60,000 $50,000

In addition to the above costs, the company spent $5,000 on an advertising campaign which advertised both product lines. The company also has corporate fixed costs of $10,000 per month. These corporate fixed costs would be incurred regardless of the product lines sold.

1. What is the CM ratio of the fire trucks product line?

2. What is the total contribution margin (in dollars) of the dump truck product line?

3. What is the segment margin (in dollars) for the fire trucks product line?

4. What is the overall operating income (loss) for the company?

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 14:50

For fundamental-type variables, list-initialization syntax prevents narrowing conversions that could result in data loss. for fundamental-type variables, list-initialization syntax allows narrowing conversions that could result in data loss.

Answers: 2

Answer

Business, 22.06.2019 03:00

Which of the following is not a consideration when determining your asset allocation

Answers: 3

Answer

Business, 22.06.2019 06:30

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n.v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):

Answers: 1

Answer

Business, 22.06.2019 17:30

Fabian got into an accident on his way to work. he had multiple fractures in his leg. his doctor advised strict bed rest for at least three months.fabian is a freelance wildlife photographer who usually works on a contract basis, and this is his primary source of income. before the accident, fabian was planning his finances. which goal of his financial plan would fabian in getting through without pay for the next three months? the goal that requires the creation of a/an would fabian get through the next three months without pay.

Answers: 1

Answer

You know the right answer?

Toy Trucks Co. has provided the following relating to the most recent month (Aug 31, 2016) of operat...

Questions