Stanford University Operations And Supply Chain Management Assignment Help - Scott Company's

Question - 1. Scott Company's variable expenses are 72% of sales. The company's break-even point in dollar
sales is $2,450,000. If sales are $60,000 below the break-even point, the company would report a
a)$43,200 loss b) $60,000 loss c) $16,800 loss d) cannot be determined from the data given. 2.
Vandinter Corporation produces and sells a single product. Data concerning that product appear
below: selling price: $160.00 variable expense per unit:$32 fixed expense per month:$536,320 The
break-even in monthly unit sales is closest to a) 8,101 b) 3,352 c) 4,190 d) 16,760 3. Shun
Corporation manufactures and sells a hand held calculator. The following information relates to
Shun's operations for last year: unit product cost under variable costing: ...Read More $5.20 per unit fixed
manufacturing overhead cost for the year: $260,000 fixed selling and administrative cost for the year:
$180,000 units (calculators) produced and sold: $400,000 What is Shun's unit product cost under
absorption costing for last year? a) $4.10 b) $4.55 c) $5.85 d) $6.30 4. Beamish Inc., which produces
a single product, has provided the following data for its most recent month of operations: number of
units produced : 8,000 variable cost per unit: direct materials:$37 direct labor: $56 variable
manufacturing overhead: $4 variable selling and administrative expense: $2 fixed costs: fixed
manufacturing overhead: $312,000 fixed selling and administrative cost: $448,000 There were no
beginning or ending inventories. The unit product cost under absorption costing was a) $93 b) $97 c)
$136 d) $194 5. Lina Co. produced 100,000 units of its single product during the month of June. Costs
incurred during June were as follows: direct materials:$100,000 direct labor:$80,000 variable
manufacturing overhead: $ 40,000 fixed manufacturing overhead:$50,000 variable selling and
administrative expense: $12,000 fixed selling and administrative cost: $45,000 Assume that direct
labor is a variable cost. The unit product cost under absorption costing a) $3.27 b) $2.70 c) $2.20 d)
$1.80 6. Higgins Company sells three products, Product A, Product B, and Product C. Sales during
June totaled $1,500,000 in the company. The company's overall contribution margin ratio was 38%,
and its fixed expenses totaled $525,000 for the year. Sales by product were: Product A, $750,000;
Product B, $450,000; and Product C, $300,000. Traceable fixed expenses were: Product A,
$180,000; Product B, $150,000; and Product C, $90,000. The variable expenses were: Product A,
$450,000; Product B, $270,000; and Product C, $___?___. The net operating income for the
company as a whole for June was: a) $45,000 b) $105,000 c) $150,000 d) $570,000 7. Swifton
Company produces a single product. Last year, the company had net operating income of $40,000
using variable costing. Beginning and ending inventories were 22,000 and 27,000 units, respectively.
If the fixed manufacturing overhead cost was $3.00 per unit, what was the income using absorption
costing? a) $15,000 b) $25,000 c) $40,000 d) $55,000 ...Read Less

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