Wildhorse Repairs has 200 auto-maintenance service outlets nationwide. It performs primarily two lines of service: oil changes and brake repair. Oil change-related services represent 70% of its sales and provide a contribution margin ratio of 20%. Brake repair represents 30% of its sales and provides a 40% contribution margin ratio. The company's fixed costs are $13,416,000 (that is, $67,080 per service outlet). Sales mix is determined based upon total sales dollars.
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- Colonels uses a traditional cost system and estimates next years overhead will be $480,000, with the estimated cost driver of 240,000 direct labor hours. It manufactures three products and estimates these costs: If the labor rate is $25 per hour, what is the per-unit cost of each product?Cullumber Repairs has 200 auto-maintenance service outlets nationwide. It performs primarily two lines of service: oil changes and brake repair. Oil change-related services represent 70% of its sales and provide a contribution margin ratio of 20%. Brake repair represents 30% of its sales and provides a 30% contribution margin ratio. The company's fixed costs are $15,649,200 (that is, $78,246 per service outlet). Sales mix is determined based upon total sales dollars. Calculate the dollar amount of each type of service that the company must provide in order to break even. (Use Weighted-Average Contribution Margin Ratio rounded to 2 decimal places eg. 0.25 and round final answers to O decimal places, e.g. 2,510.) Sales Dollars Needed Per Product Oil changes Brake repair eTextbook and Media The company has a desired net income of $54,004 per service outlet. What is the dollar amount of each type of service that must be performed by each service outlet to meet its target net income per…Flounder Service has over 200 auto-maintenance service outlets nationwide. It provides primarily two lines of service: oil changes and brake repair. Oil change-related services represent 80% of its sales and provide a contribution margin ratio of 15%. Brake repair represents 20 % of its sales and provides a 65% contribution margin ratio. The company's fixed costs are $12,150,000 (or $67,500 per service outlet). (a) Calculate the dollar amount of each type of service that the company must provide in order to break even. Oil changes 2$ Brake repair 2$
- Wildhorse Repairs has 200 auto-maintenance service outlets nationwide. It performs primarily two lines of service: oil changes and brake repair. Oil change-related services represent 70% of its sales and provide a contribution margin ratio of 20%. Brake repair represents 30% of its sales and provides a 40% contribution margin ratio. The company's fixed costs are $13,416,000 (that is, $67,080 per service outlet). Sales mix is determined based upon total sales dollars.Qwik Service has over 200 auto-maintenance service outlets nationwide. It provides primarily two lines of service: oil changes and brake repair. Oil change-related services represent 75% of its sales and provide a contribution margin ratio of 20%. Brake repair represents 25% of its sales and provides a 60% contribution margin ratio. The company’s fixed costs are $12,000,000 (that is, $60,000 per service outlet). Instructions (a) Calculate the dollar amount of each type of service that the company must provide in order to break even. (b) The company has a desired net income of $45,000 per service outlet. What is the dollar amount of each type of service that must be provided by each service outlet to meet its target net income per outlet?Blossom Repairs has 200 auto-maintenance service outlets nationwide. It performs primarily two lines of service: oil changes and brake repair. Oil change-related services represent 70% of its sales and provide a contribution margin ratio of 20% Brake repair represents 30% of its sales and provides a 40% contribution margin ratio. The company's fixed costs are $12,480,000 (that is $62,400 per service outlet). Sales mix is determined based upon total sales dollars. (a) Calculate the dollar amount of each type of service that the company must provide in order to break even. (Use Weighted Average Contribution Margin Ratio rounded to 2 decimal places ag 0.25 and round final answers to O decimal places, eg 2.510) Sales Dollars Needed Per Product Oil changes Brake repair
- PDQ Repairs has 200 auto-maintenance service outlets nationwide. It performs primarily two lines of service: all changes and brake repair. Oil change-related services represent 80% of its sales and provide a contribution margin ratio of 15%. Brake repair represents 20% of its sales and provides a 35% contribution margin ratio. The company's fixed costs are $15,709,200 (that is, $78,546 per service outlet). (a) Calculate the dollar amount of each type of service that the company must provide in order to break even. (Use Weighted Average Contribution Margin Ratio rounded to 2 decimal places eg. 0.25 and round final answers to O decimal places, eg 2.510) Oil changes Brake repair S SUPPORTHoward Motors manufactures specialty tractors. It has two divisions: a Tractor Division and a Tire Division. The Tractor Division can use the tires produced by the Tire Division. The market price per tire is $70. The Tire Division has the following costs per tire: Direct material cost per tire $29 Conversion costs per tire $4(Assume the $4includes only the variable portion of conversion costs.) Fixed manufacturing overhead cost for the year is expected to total $120,000.The Tire Division expects to manufacture 60,000 tires this year. The fixed manufacturing overhead per tire is $2 ($120,000 divided by 60,000 tires). Requirements: 1. Assume that the Tire Division has excess capacity, meaning that it can produce tires for the Tractor Division without giving up any of its current tire sales to outsiders. If Howard Motors has a negotiated transfer price policy, what is the lowest acceptable transfer price? What is the highest acceptable transfer…Pro Service has over 200 auto-maintenance service outlets nationwide. It provides primarily two lines of service: oil changes and brake repair. Oil change-related services represents 75% of its sales and provide a contribution margin ratio of 20%. Brake repair represents 25% of its sales and provides a 60% contribution margin ratio. The Company's fixed costs are RM15,000,000 (that is, RM75,000 per service outlet). The company has a desired net income of RM45,000 per service outlet. What is the RM amount of each type of service that must be provided by each service outlet to meet its target net income per outlet? please do not provide solution in image format thank you!
- PDQ Repairs has 200 auto-maintenance service outlets nationwide. It performs primarily two lines of service: oil changes and brake repair. Oil change-related services represent 60% of its sales and provide a contribution margin ratio of 25%. Brake repair represents 40% of its sales and provides a 45% contribution margin ratio. The company's fixed costs are $15,589,200 (that is, $77,946 per service outlet). Your answer is incorrect. Calculate the dollar amount of each type of service that the company must provide in order to break even. (Use Weighted- Average Contribution Margin Ratio rounded to 2 decimal places e.g. 0.25 and round final answers to 0 decimal places, e.g. 2,510.) Oil changes Brake repair %24The Parts Division of Mally Company makes Part XYZ, which it sells to outside companies for $26 per unit. According to the cost accounting system, the costs of making one unit of Part XYZ consist of $8 for direct materials, $4 for direct labor, $4.50 for variable manufacturing overhead, and $1.4 for fixed manufacturing overhead. The Parts Division has capacity of 5,000 units of part XYZ each month and currently is selling 4,200 units of Part XYZ each month. The Assembly Division of Mally Company can use Part XYZ in one of its products. At present, the Assembly Division is purchasing an equivalent part from an outside supplier for $17.3 per unit. The Assembly Division needs 2,000 units of the part each month. It has been suggested that the Assembly Division buy Part XYZ from the Parts Division instead of buying the equivalent part from the outside supplier. As far as the Parts Division is concerned, what is the lowest acceptable transfer price?CellPeak produces shelving units. The variable cost of each shelving unit comprises of direct materials of $26, direct labor of $8, packaging costs of $7 and variable overheads of $2. CellPeak has fixed overheads of $280433 and sells its shelving units for $75 each. Current sales are 25,000 shelving units per annum. What profit would CellPeak make if the company sold 18,000 shelving units?