Mcdale Inc. produces and sells two products. Data concerning those products for the most recent month appear below. Product Product Z50U 149V $36,000 $12,400 Sales $41,000 $28,410 Variable expenses The fixed expenses of the entire company were $39,100. The break-even point for the entire company is closest to: Multiple Cholce $79,910
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- A company has a single product. The monthly data concerning the single product follows: Item Amount Selling Price per unit $200/unit Variable expenses per unit $80/unit Total Fixed Expenses $980,000 Units produced 10,000 units Units sold 10,000 units What is the current Operating Income given the above information?The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $98,908 1,180 Units May 101,540 1,650 June 105,740 2,400 a. Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places.$ per unit b. Using the high-low method, determine the total fixed costs.$Menlo Company distributes a single product. The company’s sales and expenses for last month follow: Total Per Unit Sales $ 616,000 $ 40 Variable expenses 431,200 28 Contribution margin 184,800 $ 12 Fixed expenses 151,200 Net operating income $ 33,600 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $62,400? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company’s CM ratio? If the company can sell more units thereby increasing sales by $76,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase?
- Clay Earth Company sells ceramic pottery at a wholesale price of $4.00per unit. The variable cost of manufacturing is $1.25 per unit. The fixed costs are $6,800 per month. It sold 5,500 units during this month. Calculate Clay Earth's operating income (loss) for this month. A.$ 8 comma 325 $8,325 B. $(6,800) C. $(8,325) D.$ 15 comma 200Dietrick Corporation produces and sells two products. Data concerning those products for the most recent month appear below: Product B32L $ 46,000 Sales $ 27,000 Variable expenses $ 13,800 $ 14,670 Fixed expenses for the entire company were $42,550. The break-even point for the entire company is closest to: Note: Round your intermediate calculations to 2 decimal places. Product K84BThe manufacturing cost of Mocha Industries for three months of the year are provided below: Total Cost Production April $85, 160 1,600 Units May 89,064 2,240 Units June 95, 225 3,250 Units (a) Using the high - low method, determine the variable cost per unit. Round your answers to two decimal places. $ fill in the blank 1 per unit (b) Using the high-low method, determine total fixed costs. $ fill in the blank 2
- Rey Company's only product sells for $228 per unit. Data for Its first year of operations follow. $ 32 per unit $ 40 per unit $ 12 per unit $385,000 per year $ 30 per unit $ 224,000 per year 27,500 units Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Units produced and sold 1. Prepare an Income statement for the year using absorption costing 2. Prepare an income statement for the year using varlable costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare an income statement for the year using absorption costing, REY COMPANY Income Statement (Absorption Costing) Sales Cost of goods sold Gross profit Selling and administrative expenses Income Required 1 Required 2 Sales Less Variable expenses * Answer is not complete. Income Prepare an income statement for the year using variable costing. Direct materials Direct labor Variable cost of…Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6,300 units) Variable expenses Contribution margin Fixed expenses $220,500 113,400 107,100 88,100 Net operating income $ 19,000 If the company sells 6,500 units, its net operating income should be closest to: (Do not round intermediate calculations.)Green and White Company reported the following monthly data: 3,600 units $ 27 per unit $ 2 per unit $ 3 per unit $ 3.50 per unit $ 14,400 in total $0.50 per unit Units produced Sales price Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses What is Green and White's contribution margin for this month if 1,140 units were sold? Multiple Choice O $64,800 O $20,520 $30,780 $97,200 $3,600 in total $25,080
- Adams Company makes a single product that it sells for $8.45 per unit. Provided below is information about this product for the past nine months: Month January February March April May June July August September Total Cost Incurred $28,730 $24,580 $30,660 $16,890 $19,120 $20,610 $17,490 $25,380 $15,540 Units Sold 6,400 5,150 6,900 2,950 3,600 4,150 3,350 5,500 2,700 Adams Company expects to sell 4,620 units of this product during October. Using the high-low method, calculate Adams Company's expected margin of safety for October.20. Crumbley Inc. produces and sells two products. Data concerning those products for the most recent month appear below: Product P2 $48,000 $7,520 Product W4 Sales $16,000 Variable expenses $5,920 Fixed expenses for the entire company were $42,760. Determine the overall break-even point for the company in total sales dollars. bluoRey Company’s single product sells at a price of $218 per unit. Data for its single product for its first year of operations follow. Direct materials $ 22 per unit Direct labor $ 30 per unit Overhead costs Variable overhead $ 8 per unit Fixed overhead per year $ 220,000 per year Selling and administrative expenses Variable $ 20 per unit Fixed $ 204,000 per year Units produced and sold 22,000 units 1. Prepare an income statement for the year using absorption costing2. Prepare an income statement for the year using variable costing.