I need answers to these questions please thanks! Krepps Corporation produces a...
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I need answers to these questions please thanks!
Krepps Corporation produces a single product. Last year, Krepps manufactured 34,250 units and sold 28,400 units. Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead 284, 275 140,425 256,875 650,750 Sales totaled $1,434,200 for the year, variable selling and administrative expenses totaled $167.560, and fixed selling and administrative expenses totaled $215,775. There was no beginning Inventory. Assume that direct labor is a variable cost. The contribution margin per unit was: Multiple Choice $24.70 per unit O $30.60 per unit O $20.20 per unit $25.80 per unit Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of $400,000 variable expenses of $215,000, and traceable fixed expenses of $47.000. During the same month, the West business segment had sales revenues of $1,070,000, variable expenses of $544,000, and traceable fixed expenses of $205,000. The common fixed expenses totaled $318,000 and were allocated as follows: $159,000 to the East business segment and $159,000 to the West business segment. The contribution margin of the West business segment is: Multiple Choice $526.000 O $(35,000) d $729.000 sling $138,000 Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of $420,000, variable expenses of $225,000, and traceable fixed expenses of $49,000. During the same month, the West business segment had sales revenues of $1,090,000, varlable expenses of $552,000, and traceable fixed expenses of $209,000. The common fixed expenses totaled $325,000 and were allocated as follows: $163,000 to the East business segment and $163,000 to the West business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the East business segment is: Multiple Choice $225.000 O $146.000 $(32,000) $(27,000) O
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