Answered

Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Get immediate and reliable answers to your questions from a community of experienced experts on our platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Calculate the missing amounts for each of the following firms:


Units Sold Selling Price Variable Costs Per Unit Contribution Margin Fixed Costs Operating Income (Loss)
Firm A 11,100 $21 $ $96,500 $41,800 $
Firm B 8,100 18 66,100 32,290
Firm C 7.4 3.6 10,200 -6,450
Firm D 4,150 49 40,200 48,970


Sagot :

anthougo

Answer:

Missing Amounts:

           Units    Selling       Variable    Contribution    Fixed        Operating

            Sold     Price    Costs Per Unit     Margin       Costs     Income (Loss)

Firm A  11,100    $21         $12.31         $96,500     $41,800       $54,700

Firm B  8,100       18            9.84            66,100      32,290          33,810

Firm C 2,684        7.4         3.60            10,200        6,450            3,750

Firm D 4,150      58.67     49.00           40,200      48,970         -35,330

Explanation:

a) Data and Calculations:

           Units  Selling       Variable    Contribution  Fixed        Operating

            Sold    Price   Costs Per Unit     Margin     Costs     Income (Loss)

Firm A  11,100    $21             $                $96,500 $41,800      $

Firm B  8,100       18                                  66,100   32,290        

Firm C                  7.4              3.6            10,200      6,450        

Firm D 4,150                        49               40,200    48,970

Firm A: Variable costs per unit = $12.31 (11,100 * $21 - $96,500)/11,100

Firm A: Operating income = $54,700 ($96,500 - $41,800)

Firm B: Variable costs per unit = $9.84 (8,100 * $18 - $66,100)/8,100

Firm B: Operating income = $33,810 ($66,100 - $32,290)

Firm C: Units sold = 2,684 ($10,200/($7.4 - $3.6)

Firm C: Operating profit = $3,750 ($10,200 - $6,450)

Firm D: Selling price per unit = $58.67 ($40,200/4,150 + $49)

Firm D: Operating loss = $35,330 ($40,200 - $48,970)

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.