Obj. 1 The manufacturing costs of Rosenthal Industries for the first three months of the year follow:Total Costs Units ProducedJanuary$1,890,000 22,500 unitsFebruary2,800,000 35,000March4,230,000 55,000Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.Obj. 2 Waite Company sells 250,000 units at $120 per unit. Variable costs are $78 per unit, and fixedcosts are $8,175,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and(c) operating income.Obj. 3 Freese Inc. sells a product for $650 per unit. The variable cost is $455 per unit, while fixed costsare $4,290,000. Determine (a) the break-even point in sales units and (b) the break-even point if theselling price were increased to $655 per unit.

Name: Obj. 1 The manufacturing costs of Rosenthal Industries for the first
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Description: Obj. 1 The manufacturing costs of Rosenthal Industries for the first three months of the year follow:Total Costs Units ProducedJanuary$1,890,000 22,500 unitsFebruary2,800,000 35,000March4,230,000 55,000Using the high-low method, determine (a) the va

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Obj. 1 The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Total Costs Units Produced January $1,890,000 22,500 units February 2,800,000 35,000 March 4,230,000 55,000 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.

Obj. 1 The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Total Costs Units Produced January $1,890,000 22,500 units February 2,800,000 35,000 March 4,230,000 55,000 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.

FINANCIAL ACCOUNTING

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ISBN:9781259964947

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Chapter1: Financial Statements And Business Decisions

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Question

Obj. 1 The manufacturing costs of Rosenthal Industries for the first three months of the year follow:
Total Costs Units Produced
January
$1,890,000 22,500 units
February
2,800,000 35,000
March
4,230,000 55,000
Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.
Obj. 2 Waite Company sells 250,000 units at $120 per unit. Variable costs are $78 per unit, and fixed
costs are $8,175,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and
(c) operating income.
Obj. 3 Freese Inc. sells a product for $650 per unit. The variable cost is $455 per unit, while fixed costs
are $4,290,000. Determine (a) the break-even point in sales units and (b) the break-even point if the
selling price were increased to $655 per unit.

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