Question
1. Given the information below. Selling Price: $43.00 Fixed Cost: $450,000.00 Direct Materials: $11.50 Direct Labor: $13.00 a.What is the variable cost?Enter you answer with
1. Given the information below.
Selling Price: $43.00
Fixed Cost: $450,000.00
Direct Materials: $11.50
Direct Labor: $13.00
a.What is the variable cost?Enter you answer with 2 decimal places
b.What is the contribution margin?Enter you answer with 2 decimal places
c.What is the breakeven point in units?Roundup to a whole number
d.What is the number of units needed to earn a profit of $500,000.00?Roundup to a whole number
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
