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Feliz [49]
2 years ago
15

Sunland Company had $186,200 of net income in 2019 when the selling price per unit was $150, the variable costs per unit were $9

0, and the fixed costs were $575,800. Management expects per unit data and total fixed costs to remain the same in 2020. The president of Sunland Company is under pressure from stockholders to increase net income by $38,100 in 2020. Collapse question part (a) Incorrect answer. Your answer is incorrect. Try again. Compute the number of units sold in 2019. Entry field with incorrect answer 13335 units
Business
1 answer:
frozen [14]2 years ago
8 0

Answer: 12,700 units.

Explanation:

We are to compute the number of units sold.

Let's get the important figures first,

Net Income earned = $186,200

Fixed costs =$575,800

We'd need the Contribution margin which is the difference between the sales and the variable costs.

Another way to calculate it will be to add the net income and fixed assets so,

Contribution Margin earned = $186,200 + $575,800

= $762,000

Now we need to find out the Contribution Margin per unit to divide the Contribution Margin by,

Contribution Margin per unit = Selling price per unit – variable cost per unit

= 150-90

= $60

Now we can calculate the number of units sold like,

Number of units sold = 762,000/60

= 12,700 units

12,700 units were sold in 2019

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galina1969 [7]

Answer: A large dairy has decided to focus its efforts on becoming a sustainable company. It needs to redesign the packages it uses for its products, work with distributors to find more sustainable solutions of transport, and treat their 10,000 cows more sustainably. All of this requires the dairy to build its lasting value chain

<u>Explanation:</u>

A Value Chain is the process through which a company adds value to its product. That value may be added to marketing, production as well as sales activities.

A Value chain plays a very important role in concern. This will enable the large dairy to concentrate on those areas which need improvement and work efficiently in that direction. Various strategies will be formulated and implemented to increase efficiency. The main focus of the value chain is to deliver the services at least possible cost and get a competitive benefit.

3 0
2 years ago
Textbooks, transportation and room and board are all...
Alex777 [14]

Answer:

b. additional costs for attending a college or university.

Explanation:

Textbooks, transportation and room and board are additional costs for attending a college or university.

They aren't included as part of tuition costs.

They are the real costs of attending college.

These costs needs to be considered when choosing a college.

I hope my answer helps you

6 0
2 years ago
Black and Decker decides to discontinue producing toasters in lieu of more versatile toaster ovens. In the process of discontinu
Andru [333]

Answer:

The correct answer is Gain or loss on the sale of equipment as part of continuing operations.

Explanation:

If a gross profit on sales is generated in the process of selling an item of property, plant and equipment, but additional expenses are also incurred, the only thing that is recognized in the income statement is the net profit.

Among the accounts of the income statement, only one record is made with the net profit that occurred in the process of the sale of the asset. Although the final effect on the income statement is the same as it had under the old regulatory framework, it can be said that with that single record among the income statements, what is sought is that high gross income and expenses are not shown high, as this could distort the different financial analyzes that will be carried out at the end of the year.

6 0
1 year ago
Emerald Statuary manufactures bust statues of famous historical figures. All statues are the same size. Each unit requires the s
Inessa05 [86]

Answer:

a) Sales volume variance = $1496000 unfavorable

flexible-budget variance = $192000 favorable

b) For direct materials

Price variance = `$135000 unfavorable

efficiency variances = $527920 favorable

For direct manufacturing labor

Price variance = `$36600 unfavorable

efficiency variances = $914815 favorable

Explanation:

a) Sales volume variance = (Actual units sold - Budgeted units sold) x Budgeted price per unit = (4800 - 7000) × $680 = $1496000 unfavorable

flexible-budget variance =  (Actual price - Budgeted price) x Actual units sold= ($720 - $680) × 4800 = $192000 favorable

b) For direct materials

Price variance = (Actual cost - standard cost) x Actual quantity of units purchased = ($5.95/ pound - $8/pound) × 66000 pound= `$135000 unfavorable

efficiency variances = (Actual unit - Standard unit) x Standard cost per unit = (66000 pound - 10 pound) × $8 per pound= $527920 favorable

For direct manufacturing labor

Price variance = (Actual cost - standard cost) x Actual hours = ($48/hour - $50/hour) × 18300 hours = `$36600 unfavorable

efficiency variances = (Actual hours - Standard hours) x Standard cost per hour= (18300 hour - 3.7 hour) × $50/hour = $914815 favorable

4 0
2 years ago
Chill, a beverage manufacturer, offers varied versions of its products that include diet, cherry, vanilla and caffeine-free vers
STatiana [176]

Answer:

<em>A differentiated market</em>

Explanation:

<em>Whenever a business produces initiatives that cater to at least two product categories or targeted groups, a differentiated marketing strategy is applied</em>.

For instance, a retailer may encourage a purchase in at least two towns or locations that caters to people, or even a business can market a brand which appeals to women in at least two age categories.

7 0
2 years ago
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