<UTI MTԱՆԵԱUnits soldSales priceDirect materialsDirect laborVariable manufacturing overheadFixed manufacturing overheadVariable selling and administrative costsFixed selling and administrative costs550 units$130 per unit$40 per unit$30 per unit$10 per unit$15,000 per year$15 per unit$25,000 per yearWhat is the unit product cost using variable costing? KSunlight Design Corporation sells glass vases at a wholesale price of $3.50 per unit. The variable cost to manufacture is $1.75 per unit. The monthly fixedcosts are $7,500. Its current sales are 27,000 units per month. If the company wants to increase its operating income by 30%, how many additional unitsmust it sell? (Round any intermediate calculations to two decimal places and your final answer up to the nearest whole unit.)A. 7,500 glass vasesOB. 33,815 glass vasesOC. 6,815 glass vasesD. 94,500 glass vases

Step 1:Question 1: First calculate the current net income: Current net income = Total contribution…

Answered: < UTI MTԱՆԵԱ Units sold Sales price…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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