Q5 Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Operating income Total $481,500 192,600 Per Unit $30 12 288,900 $ 18 231,120 $ 57,780 2. Without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin 3. Using the cost formula stated in part 2, estimate total overhead costs for a month where direct labour-hours are expected to be 3,900. (Round your Variable cost per direct labor hour to 2 decimal places and round your final answer to the nearest whole dollar amount.) Required: 1. What is the monthly break-even point in unit sales and in dollar sales? (Do not round intermediate calculations.) Total overhead costs Break-even point in unit sales Break-even point in sales dollars units

Q5 Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Operating income Total $481,500 192,600 Per Unit $30 12 288,900 $ 18 231,120 $ 57,780 2. Without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin 3. Using the cost formula stated in part 2, estimate total overhead costs for a month where direct labour-hours are expected to be 3,900. (Round your Variable cost per direct labor hour to 2 decimal places and round your final answer to the nearest whole dollar amount.) Required: 1. What is the monthly break-even point in unit sales and in dollar sales? (Do not round intermediate calculations.) Total overhead costs Break-even point in unit sales Break-even point in sales dollars units

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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