Accounting Problem: Marquette Foods Ltd. had its highest total cost of $138,000 in July and its lowest total cost of $95,000 in January. The company produces a single product. The production volume was 18,500 units in July and 12,000 units in January. What is the fixed cost per month?
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Accounting Problem: Marquette Foods Ltd. had its highest total cost of $138,000 in July and its lowest total cost of $95,000 in January. The company produces a single product. The production volume was 18,500 units in July and 12,000 units in January. What is the fixed cost per month?
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- Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90. The companys monthly fixed expenses are $180,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of October when they will sell 10,000 units. How many units will Cadre need to sell in order to realize a target profit of $300,000? What dollar sales will Cadre need to generate in order to realize a target profit of $300,000? Construct a contribution margin income statement for the month of August that reflects $2,400,000 in sales revenue for Cadre, Inc.Kerr Manufacturing sells a single product with a selling price of $600 with variable costs per unit of $360. The companys monthly fixed expenses are $72,000. What is the companys break-even point in units? What is the companys break-even point in dollars? Prepare a contribution margin income statement for the month of January when they will sell 500 units. How many units will Kerr need to sell in order to realize a target profit of $120,000? What dollar sales will Kerr need to generate in order to realize a target profit of $120,000? Construct a contribution margin income statement for the month of June that reflects $600,000 in sales revenue for Kerr Manufacturing.What is the fixed cost per month?
- What is the fixed cost per month? For this accounting questionAccounting Problem: Marquette Foods Ltd. had its highest total cost of $138,000 in July and its lowest total cost of $95,000 in January. The company produces a single product. The production volume was 18,500 units in July and 12,000 units in January. What is the fixed cost per month?What is the fixed cost per month on these general accounting question?