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1.) Bryon produces box lunches which it sells for $20 each. during the current month, the company produces 2800 meals but only sold 2700 meals.

1.) Bryon produces box lunches which it sells for $20 each. during the current month, the company produces 2800 meals but only sold 2700 meals. the variable cost per meal was $12 and the sales commissions per meal were $1. total fixed manufacturing costs were $1400 and total fixed marketing and administrative costs were $1200. what is the product cost per meal under absorption costing?
2.) Cornell Corporation gathered the following information for the year just ended:
Fixed costs:
Manufacturing
$125,000
Marketing
48,000
Administrative
25,000
Variable costs:
Manufacturing
$120,000
Marketing
32,000
Administrative
38,000
During the year, Cornell produced and sold 60,000 units of product at a sale price of $8.00 per unit. There was no beginning inventory of product at the start of the year.
What is the operating income (loss) for the year at cornell corporation?
3.) if total fixed costs are $120,000, the contribution margin per unit is $16.00, and target operating income is $30,000, how many units must be sold to break even?
4.) cabaret corporation had actual manufacturing overhead costs last year of $27,500. manufacturing overhead is allocated using a predetermined manufacturing overhead rate of $1.75 per direct labour hour. direct labour cost is $18 per hour. at the end of the year, cabaret corporation found it has overallocated manufacturing overhead by $1000. what was the total manufacturing overhead allocated at cabaret corporation last year?

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