Respuesta :
Answer:
Explanation:
X001 Sales volum = 3000*$20 = $60,000
X002 Sales volum = 3000*$10 = $30,000
Total $90,000
Allocated to X002 based on sales volum is 33.33% (30,000/90,000) of the 60,000, which is $20,000
Cost per unit of X002 is $6.67 ($20,000/3,000). Sells 1000 units, $6.67*1000 = $6670.
Gross profit = Revenue $10,000 - Cost $6670 = $3330 in gross profit
Answer:
$3,333
Explanation:
Using the maximum revenue achievable as cost allocation basis, we can then proceed as follows:
Knife X001 maximum achievable revenue = $20 × 3,000 = $60,000
Knife X001 achievable maximum revenue = $10 × 3,000 = $30,000
Total maximum achievable revenue = $60,000 + $30,000
Weight of Knife X001 = 60,000/90,000 = 0.67
Weight of Knife X002 = 30,000/90,000 = 0.33
Total cost allocated to Knife X001 = 0.67 × 60,000 = $40,000
Total cost allocated to Knife X002 = 0.33 × 60,000 = $30,000
Unit cost of Knife X001 = $40,000/3,000 = $13.33
Unit cost of Knife X002 = $20,000/3,000 = $6.67
Revenue from Knife X002 1,000 units sold = $10 × 1,000 = $10,000
Cost of Knife X002 1,000 units sold = $6.67 × 1,000 = $6,667
Gross profit from Knife X002 1,000 units sold = $10,000 - $10,000 – $6,667 = $3,333.
Therefore, amount of gross profit which Colicchio Corporation should recognize is $3,333 if 1,000 units of Knife X002 is sold.
