Folding Chairs Blog

by wakingphotolife

Question by bluesb4: Managerial Accounting Question Cost behavior analysis?
Buffo Company fabricates metal folding chairs. Data concerning the company,s revenue and cot structure follow:

Selling price per unit $ 35
Manufacturing cost …. $ 6,000 per month plus $ 15 per unit
Administrative expenses … $ 4,500 per month plus $ 2.80 per unit
Buffo plans to sell 5,000 units next month. Calculate gross margin.
Calculate contribution margin.Calculate operating income.
It is an urgent question.

Best answer:

Answer by Bill B
Blues,

Let’s start with revenue. Multiply your selling price per unit times the number of units to be sold.

Next, calculate your manufacturing cost by multiplying the per unit cost times the number of units to be sold. Add to that result your fixed costs of manufacturing. Subtract that sum from your revenue to obtain gross margin.

To determine your operating income, first multiply your number of units times the admin expenses per unit. Add to that number your fixed admin expenses. Subtract that sum from the gross margin you calculated above.

Contribution margin (CM) is slightly trickier. First we need to define what CM is. CM = the excess of revenues after subtracting all variable expenses.

Take your revenue from the beginning. Add the manufacturing cost per unit to the administrative expense per unit. Multiply that sum by the number of units. That will be your total variable cost. Subtract that from your revenue, and your result will be the contribution margin.

I leave the number crunching for you.

By the way, www.accountingcoach.com is a great site for looking up answers in accounting. http://blog.accountingcoach.com/gross-margin-contribution-margin/

Add your own answer in the comments!

by nayrb7

Question by Catherine: Camping in NSW, Australia. Question.?
Me and a few friends are going camping next weekend.. And we are trying to think of what we should be taking with us. We will be staying in tents on the central coast out of all places… *sigh

Here’s what we’ve listed already..

Two tents .. because we have 6 people, and we want a bigger space.
A table.
Folding chairs.
Sun screen
Aeroguard
Food & drinks.
Cooking needs.. such as oil, salt.. etc.
Utensils & plates.
Air matreses or sleeping bags
Clothes and personal needs.
Pillows and blankets.
First aid kit.
Fishing rods. and a bucket.
Dish washing soap.

Best answer:

Answer by mazsheps
toilet paper
frisbee
pans
torch/gas light
gas stove
towels

Add your own answer in the comments!

Question by doug_johnson39: Indianapolis Deer Creek concert question?
At Deer Creek outdoor concert are you allowed to bring fold up chairs to sit in?

Best answer:

Answer by Dfwteddybear
Beach chairs are ok, but no camping chairs with bags.

Know better? Leave your own answer in the comments!

of speakingoffaith

questioned JG1121 : tire issues? I’m very interested in buying some aluminum webbed folding chairs. Some might call it vintage. Does anyone know where I would be able to find some. I’ve checked the obvious places like Walmart, Kmart, etc. Many DankIch said, I checked chains such as Target, etc. best answer: response rhsaunders
This tendency to be generally available, and it is amazing that you did not come across a few. Chains such as Target and drug stores have been known to sell them.