Question

X Company estimates the following for its three products, A, B, and C, for 2018: A     ...

X Company estimates the following for its three products, A, B, and C, for 2018:

A      B      C     
Revenue $30,744 $30,763 $47,520
Total variable costs 18,963 21,372 17,840


Fixed costs in 2018 are expected to be $18,000. What is the expected weighted average contribution margin rate in 2018?

Homework Answers

Answer #1
A B C
Revenue $30,744 $30,763 $47,520
Less:variable costs 18,963 21,372 17,840
Contribution margin $11,781 $9,391 $29,680
contribution margin rate (Revenue / Contribution margin) 0.38 0.31 0.62
Sales Mix $30,744/$109,027 = 0.28 $30,763/$109,027 = 0.16 $47,520/$109,027 = 0.14
weighted average contribution margin 0.11 0.05 0.09 0.24

Total Revenue = $30,744 + $30,763 + $47,520 = $109,027

Expected weighted average contribution margin rate in 2018 = 0.24 X 100 = 24%

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
X Company estimates the following for its three products, A, B, and C, for 2018: A     ...
X Company estimates the following for its three products, A, B, and C, for 2018: A      B      C      Revenue $35,376 $24,709 $48,698 Total variable costs 20,955 16,758 19,952 Fixed costs in 2018 are expected to be $17,400. What is the expected weighted average contribution margin rate in 2018?
X Company estimates the following for its three products, A, B, and C, for 2018: A     ...
X Company estimates the following for its three products, A, B, and C, for 2018: A      B      C      Revenue $67,048 $24,004 $39,387 Total variable costs 42,364 17,408 15,656 Fixed costs in 2018 are expected to be $18,600. What is the expected weighted average contribution margin rate in 2018?
X Company estimates the following for its three products, A, B, and C, for 2018: A...
X Company estimates the following for its three products, A, B, and C, for 2018: A B C    Revenue $32,130 $28,820 $79,422 Total variable costs 23,275 19,564 30,442 Fixed costs in 2018 are expected to be $19,800. What is the expected weighted average contribution margin rate in 2018?
12) X Company estimates the following for its three products, A, B, and C, for 2018:...
12) X Company estimates the following for its three products, A, B, and C, for 2018: A      B      C      Revenue $65,125 $25,346 $33,156 Total variable costs 40,438 20,367 16,632 Fixed costs in 2018 are expected to be $19,200. What is the expected weighted average contribution margin rate in 2018?
X Company estimated the following for its three products, A, B, and C, for 2020: A     ...
X Company estimated the following for its three products, A, B, and C, for 2020: A      B      C      Revenue $57,540 $24,888 $74,844 Total variable costs 28,928 17,000 26,649 Contribution margin $28,613 $7,888 $48,195 Total fixed costs in 2020 were expected to be $17,400. What is the expected weighted average contribution margin rate in 2020?
X Company estimates the following for its only two products for 2020 - A and B:...
X Company estimates the following for its only two products for 2020 - A and B: A B Unit sales 6,350 680 Selling price $10.90 $33.70 Variable cost $5.80 $25.10 Total fixed costs in 2020 are expected to be $16,800. What is the expected weighted average contribution margin RATE in 2020 (rounded to two decimal places)?
X Company estimates the following for its only two products for 2020 - X and Y:...
X Company estimates the following for its only two products for 2020 - X and Y: X Y Unit sales 3,850 680 Selling price $11.50 $38.30 Variable cost $7.00 $26.20 Total fixed costs in 2020 are expected to be $19,800. What is the expected weighted average contribution margin per unit in 2020 (rounded to two decimal places)?
11)X Company estimates the following for its two products in 2019: Product X Product Y Selling...
11)X Company estimates the following for its two products in 2019: Product X Product Y Selling price $13.80      $33.50      Variable cost $11.60      $25.00      Production [units] 59,000      11,000      Estimated fixed costs in 2019 are $72,000. What is X Company's estimated weighted average contribution margin per unit in 2019? 12) X Company, a merchandiser, had the following income statement for 2018: Sales $194,103 Cost of goods sold   123,250 Gross margin $70,853 Other operating expenses    47,940 Profit $22,913 $103,850 of the cost of...
X Company estimates the following for its two products in 2019: Product X Product Y Selling...
X Company estimates the following for its two products in 2019: Product X Product Y Selling price $13.60      $34.50      Variable cost $11.30      $26.50      Production [units] 50,000      10,000      Estimated fixed costs in 2019 are $70,000. What is X Company's estimated weighted average contribution margin per unit in 2019?
Please show work X Company has the following information for its three products in 2018: Unit...
Please show work X Company has the following information for its three products in 2018: Unit Sales Contribution Margin Product A 33,500     $3.50             Product B 7,700     $10.20             Product C 21,200     $13.30             Total 62,400     $27.00             Fixed costs in 2018 were $321,000. In 2019, the unit sales mix and fixed costs will be the same as in 2018, but sales will increase to 74,880 units. What will profit be [round all small numbers to two decimal places]?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT