subject
Business, 22.04.2020 01:26 viktoria1198zz

PowerTrain Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Mountain Monster, and Desert Dragon from a single manufacturing facility. The manufacturing facility operates at 100% of capacity.

The following per unit information is available for the two products:

Mountain Monster
Sales price $5,400
Variable cost of goods $3,285
Manufacturing margin $2,115
Variable selling expenses $1,035
Contribution margin $1,080
Fixed expenses $485
Income from operations $595
Desert Dragon
Sales price $5,250
Variable cost of goods sold $3,400
Manufacturing margin $1,850
Variable selling expenses $905
Contribution margin $945
Fixed expenses $310
Income from operations $635.00

In addition, the following sales unit volume information for the period is as follows: Mountain Monster

Sales unit volume 5,000
Desert Dragon
Sales unit volume 4,850

a. Prepare a contribution margin by product report.
b. Calculate the contribution margin ratio for each product as a percent, rounded to one decimal place.
c. Calculate the contribution margin ratio for each product as a percent, rounded to one decimal place.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:30
Money from an allowance or job is known as .
Answers: 3
question
Business, 22.06.2019 15:00
Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication
Answers: 2
question
Business, 22.06.2019 18:00
Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?
Answers: 2
question
Business, 22.06.2019 20:20
Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.
Answers: 2
You know the right answer?
PowerTrain Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVs), the Mountai...
Questions
question
Mathematics, 24.06.2020 22:01
question
Mathematics, 24.06.2020 22:01
question
History, 24.06.2020 22:01
question
Business, 24.06.2020 22:01
question
Mathematics, 24.06.2020 22:01
question
Biology, 24.06.2020 22:01
question
Biology, 24.06.2020 22:01
Questions on the website: 13722360