Question

Carter Co. sells two products, Arks and Bins. Last year Carter sold 14,000 units of Arks...

Carter Co. sells two products, Arks and Bins. Last year Carter sold 14,000 units of Arks and 56,000 units of Bins.

Product Unit Selling Price Unit Variable Cost Unit Contribution Margin
Arks $120 $80 $20
Bins 80 60 40

What was Carter Co.'s weighted average unit contribution margin?

A. $24

B. $30

C.$36

D.$32

Homework Answers

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
Bobby Co. sells two products, X and Y. Last year, Bobby sold 18,000 units of X's...
Bobby Co. sells two products, X and Y. Last year, Bobby sold 18,000 units of X's and 12,000 units of Y's. The unit selling price, variable cost per unit, and contribution margin per unit for the company’s two products are provided below. Product Selling Price Variable Cost per unit Contribution Margin per unit X $180 $100 $80 Y $100 $60 $40 Assuming that last year’s fixed costs totaled $160,000. What was Bobby Co's break-even point in units of enterprise product...
Dos Mfg Co. sells two products. Product A sells for $10 per unit with variable costs...
Dos Mfg Co. sells two products. Product A sells for $10 per unit with variable costs of $6 per unit. Product B sells for $20 per unit with variable costs of $12 per unit. Product A sells 75%, while B sells 25% of the total units sold. Currently, with combined sales of 20,000 units, the company made Total Revenue of $250,000, after subtracting variable cost got Total Contribution Margin of $100,000, and after subtracting Total Fixed Cost of $50,000, earned...
BM Company sells two products, X and Y. Product X sells for $20 per unit with...
BM Company sells two products, X and Y. Product X sells for $20 per unit with variable costs of $11 per unit. Product Y sells for $30 per unit with variable costs of $16 per unit. During this period, BM sold 16,000 units of X and 4,000 units of Y, making Total Revenue of $440,000, and after subtracting variable cost got Total Contribution Margin of $200,000, and after subtracting Total Fixed Cost of $110,000, earned Operating Profit of $90,000. The...
Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs...
Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $616,000, and the sales mix is 40% bats and 60% gloves. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Bats $80 $60 Gloves 200 120 a. Compute the break-even sales (units) for both products combined. units b. How many units of each product, baseball bats and baseball gloves, would...
How is profit indicated on a cost-volume-profit graph? Wuntch Products sold 100,000 units last year for...
How is profit indicated on a cost-volume-profit graph? Wuntch Products sold 100,000 units last year for $2.00 each. Variable costs per unit were $0.30 for direct materials, $0.50 for direct labor, and $0.30 for variable overhead. Fixed costs were $60,000 in manufacturing overhead and $40,000 in nonmanufacturing costs. a. What is the total contribution margin? b. What is the unit contribution margin? c. What is the contribution margin ratio? d. If sales increase by 20,000 units, by how much will...
Jonah Hill Company manufactures two products. Information about the two products is as follows:                 Product...
Jonah Hill Company manufactures two products. Information about the two products is as follows:                 Product X Product Y Selling price per unit $80 $30 Variable costs per unit 40 20 Contribution margin per unit $40 $10 The company expects fixed costs to be $185,000. The firm expects 40% of its sales (in units) to be Product X and 60% to be Product Y (a sales mix of 4:6). Calculate the weighted average contribution margin or contribution margin by package...
BM Company sells two products, X and Y. Product X sells for $20 per unit with...
BM Company sells two products, X and Y. Product X sells for $20 per unit with variable costs of $11 per unit. Product Y sells for $30 per unit with variable costs of $16 per unit. During this period, BM sold 16,000 units of X and 4,000 units of Y, making Total Revenue of $440,000, and after subtracting variable cost got Total Contribution Margin of $200,000, and after subtracting Total Fixed Cost of $110,000, earned Operating Profit of $90,000. The...
[The following information applies to the questions displayed below.] Henna Co. produces and sells two products,...
[The following information applies to the questions displayed below.] Henna Co. produces and sells two products, T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 43,000 units of each product. Sales and costs for each product follow. Product T Product O Sales $ 761,100 $ 761,100 Variable costs 608,880 76,110 Contribution margin 152,220 684,990 Fixed costs 33,220 565,990 Income before taxes 119,000 119,000...
Assume a company produces and sells only two products—14,000 units of Product A and 6,000 units...
Assume a company produces and sells only two products—14,000 units of Product A and 6,000 units of Product B. The selling prices are $65 per unit for Product A and $96 per unit for Product B. Product A’s direct materials and direct labor costs per unit are $32 and $12, respectively. Product B’s direct materials and direct labor costs per unit are $34 and $15, respectively. The company is considering implementing an activity-based costing (ABC) system that allocates all of...
Sales Mix and Break-Even Sales New Wave Technology Inc. manufactures and sells two products, MP3 players...
Sales Mix and Break-Even Sales New Wave Technology Inc. manufactures and sells two products, MP3 players and satellite radios. The fixed costs are $325,600, and the sales mix is 60% MP3 players and 40% satellite radios. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost MP3 players $80 $60 Satellite radios 200 120 a. Compute the break-even sales (units) for both products combined. units b. How many...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT