{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

UCB+UGBA102B+MidTerm+I+Exam+Fall+2011-1

# UCB+UGBA102B+MidTerm+I+Exam+Fall+2011-1 - University of...

This preview shows pages 1–4. Sign up to view the full content.

University of California, Berkeley Walter A. Haas School of Business UGBA102B Introduction to Managerial Accounting MidTerm I Exam Fall 2011 Student Name: ____________________ Student ID: ____________________ Please answer all four questions. Space is provided for answers on these sheets. Show computations. Question 1. (25 points) Butler Sales Company is a distributor that has an exclusive franchise to sell a particular product made by another company. Butler Sales Company’s income statements for the last two years are given below: Assume that fixed expenses for both years is constant with respect to number of units sold. Required: 1. Compute the company’s variable cost per unit. 2. Compute the company’s total fixed expenses per year. 3. Compute the company’s contribution margin for this year. This Year Last Year Units sold 200,000 160,000 Sales revenue 1,000,000 \$ 800,000 \$ Less cost of goods sold 700,000 \$ 560,000 \$ Gross margin 300,000 \$ 240,000 \$ Less operating expenses 210,000 \$ 198,000 \$ Net operating income 90,000 \$ 42,000 \$

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
(Space for Question 1) UGBA 102B Introduction to Managerial Accounting / Geyer / Fall 2011 2
Question 2. (25 points) Zoran Corporation manufactures and sells a single product; cell telephones. Zoran is considering upgrading its current manufacturing facilities with more modern equipment to reduce conversion costs. Relevant cost data under the current facility and the upgraded facility is provided below: Under the current system, Zoran sells the phones for \$125 per phone.

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

### Page1 / 10

UCB+UGBA102B+MidTerm+I+Exam+Fall+2011-1 - University of...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online