40-Bluegill Company sells 7,100 units at $200 per unit. Fixed costs are $71,000,
ID: 2511422 • Letter: 4
Question
40-Bluegill Company sells 7,100 units at $200 per unit. Fixed costs are $71,000, and income from operations is $497,000. Determine the following: Round the contribution margin ratio to two decimal places.
60. If fixed costs are $1,362,000, the unit selling price is $204, and the unit variable costs are $122, what are the break-even sales (units) if fixed costs are increased by $44,900?
10. Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to calculate Bounty's variable utilities cost per machine hour. Round to the nearest cent.
Cost
Machine Hours
a. Variable cost per unit $ b. Unit contribution margin $ per unit c. Contribution margin ratio %60. If fixed costs are $1,362,000, the unit selling price is $204, and the unit variable costs are $122, what are the break-even sales (units) if fixed costs are increased by $44,900?
10. Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to calculate Bounty's variable utilities cost per machine hour. Round to the nearest cent.
Cost
Machine Hours
March $3,042 15,118 April 2,697 9,982 May 2,880 12,077 June 3,571 18,161Explanation / Answer
As per chegg guidelines we answer one question per post. But I have answered multiple questions. Kindly post remaining questions in next post Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Q40 Fixed costs 71,000.00 income from operations 497,000.00 Total Contribution = 71000 + 497000 568,000.00 b) Contribution per unit = 568000/7100 80.00 Selling price per unit 200.00 a) Variable expense per unit = 200 - 80 120.00 c) Contribution margin ratio = 80/200 40% Q60 Selling price per unit 204.00 Variable cost per unit 122.00 Contribution per unit 82.00 Contribution margin ratio = 82/204 40.20% Fixed costs = 1362000 + 44900 1,406,900.00 Break even point(units) = 1406900/82 17,157.32
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