The highest value of total cost for Mantilla Beverages Inc. was $75,000 in June. Its lowest value of total cost was $50,000 in December. The company makes a single product. The production volume in June and December were 13,000 and 8,000 units, respectively. What is the fixed cost per month?
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- What is the fixed cost per month?The highest value of total cost was $87,000in June for Acai Beverages, Inc. Its lowest value of total cost was $57,000 in December. The company makes a single product. The production volume in June and December were15,000and 5,000 units, respectively. What is the variable cost per month?Pluto Company sold 2,000 units in October at a price of $35 per unit. The variable cost is $20 per unit. The monthly fixed costs are $10,000. Calculate the total contribution margin. What is the operating income earned in October?
- Hamby company expects to incur overhead costs of $16,000 per month and direct production costs of $142 per month...Williams Company has variable costs of $0.60 per unit of product. In August, the volume of production was 24,000 units and units sold were 20,000. The total production costs incurred were $31,900. What are the fixed costs per month?In the month of September, Matlock Industries sold 800 units of product. The average sales price was $30. During the month, fixed costs were $6,300 and variable costs were 70% of sales. Instructions Determine theBreak even point in units and dollars
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- The following monthly data are available for National Co., which produces only one product: Selling price per unit, P42; Unit variable expenses, P14; Total fixed expenses, P42,000; Actual sales for the month of June, 4,000 units. How much is the margin of safety for the company in June?A company sells a single product with a selling price of $120 and variable costs per unit of $90. The company’s monthly fixed expenses are $180,000. a. What is the company’s break-even point in units? b. What is the company’s break-even point in dollars? c. Prepare a contribution margin income statement for the month of October when they will sell 10,000 units. d. How many units will the company need to sell in order to realize a target profit of $300,000? e. What dollar sales will the company need to generate in order to realize a target profit of $300,000? f. Construct a contribution margin income statement for the month of August that reflects $2,400,000 in sales revenue for the company.Botana Company constructed the following formula for its monthly utility cost. Total utility cost = $1,200 + ($8.10 × Labor hours) Assume that 775 labor hours are budgeted for the month of April. If Botana Company incurs 9,600 labor hours for the year, what would be the estimate of total utility cost?