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4) Green Company makes and sells computers and tablets and they are operating at

ID: 2339288 • Letter: 4

Question

4) Green Company makes and sells computers and tablets and they are operating at 100% of capacity. During the year, Green C and 7.000 tablets. The following per unit information is available for the two products: (10 points) ompany sold 10,000 compu ters Sales price Variable cost of goods sold Manufacturing margin Variable selling expense Contribution margin Fixed expenses Income from operations Instructions: a) Prepare a contribution margin by product report. Calculate the $900 $500 400 200 320 240 300 220 contribution margin ratio for each product as a whole percent, rounded to two decimal places b) Which product should the company focus the most on producing and selling?

Explanation / Answer

Please note that contribution margin for tablets is wrong. Contribution margin per unit = 500-300= 200-60=140

Products

Computers

Tablets

Sales price

900

500

Number of units sold

10000

7000

Sales revenue (sales price * Number of units sold)

9000000

3500000

Variable cost of goods sold

500

300

Variable selling expense

80

60

Variable cost per unit

580

360

Number of units sold

10000

7000

Total variable cost (variable cost per unit * Number of units sold)

5800000

2520000

Fixed expenses per units

20

20

Number of units sold

10000

7000

Total fixed cost

200000

140000

Green company

Contribution margin statements

Products

Computers

Tablets

Total

Sales revenue

9000000

3500000

12500000

Less: total variable cost

5800000

2520000

8320000

Contribution margin

3200000

980000

4180000

Less: fixed cost

200000

140000

340000

Income from operation

3000000

840000

3840000

Contribution margin

3200000

980000

4180000

Sales revenue

9000000

3500000

12500000

Contribution margin ratio (Contribution margin / Sales revenue)

35.56%

28.00%

33.44%

Contribution margin ratio (rounded to whole percentage)

36%

28%

33%

Company should more focus on producing and selling of computers because Contribution margin ratio of computer is higher than Tablets.

Please note that contribution margin for tablets is wrong. Contribution margin per unit = 500-300= 200-60=140

Products

Computers

Tablets

Sales price

900

500

Number of units sold

10000

7000

Sales revenue (sales price * Number of units sold)

9000000

3500000

Variable cost of goods sold

500

300

Variable selling expense

80

60

Variable cost per unit

580

360

Number of units sold

10000

7000

Total variable cost (variable cost per unit * Number of units sold)

5800000

2520000

Fixed expenses per units

20

20

Number of units sold

10000

7000

Total fixed cost

200000

140000

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