Wilson Mfg Company Cost, Volume, Profit Analysis Accounting Assignment Help
- Country :
Canada
Assignment Task
PART I – Cost, Volume, Profit Analysis
Q- If the calculator function keys are being used to solve the problems, write down every function key and its value, also show what is being computed.
1. The Wilson Mfg Company introduces a new product which will sell for $20/unit. The cost breakdown for the product is:
- Raw Material X $2 per unit
- Raw Material Y $1 per unit
- Labour cost $2 per unit
- Fixed Mfg cost $10,000 per month
- Fixed Marketing cost $5000 per mont
Cost, Volume, Profit Analysis
a) Variable cost/unit=?
b) Total Fixed Costs=?
c) CM=?
d) B-E in units (per month)=?
e) If Wilson’s goal is to achieve a monthly profit of $4,200, how many units must be sold per month?
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