1. Neelon Corporation has two divisions: Southern Division and Northern Division. The following data are for the most recent operating period:

sales	total company 341700	souther division 212300	northern division 129400
variable expense	118766	72182	46584
traceble fixed expenses	168400	70300	98100
common fixed expense	68340	42460	25880

The common fixed expenses have been allocated to the divisions on the basis of sales.

The Northern Divisions break-even sales is closest to:

2. Data for January for Bondi Corporation and its two major business segments, North and South, appear below:

Sales revenues, North $ 640,000 Variable expenses, North $ 371,300

Traceable fixed expenses, North $ 76,500

Sales revenues, South $ 493,900 Variable expenses, South $ 281,800

Traceable fixed expenses, South $ 63,900

In addition, common fixed expenses totaled $173,300 and were allocated as follows: $90,000 to the North business segment and $83,300 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is:

3. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:

Selling price $ 140

Units in beginning inventory 0

Units produced 3,150

Units sold 2,760

Units in ending inventory 390

Variable costs per unit:

Direct materials $ 47

Direct labor $ 18

Variable manufacturing overhead $ 10

Variable selling and administrative expense $ 19

Fixed costs:

Fixed manufacturing overhead $ 107,100

Fixed selling and administrative expense $ 24,840

The total gross margin for the month under absorption costing is:

4. Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price $ 116

Units in beginning inventory 0

Units produced 9,000

Units sold 8,600

Units in ending inventory 400

Variable costs per unit:

Direct materials $ 19

Direct labor $ 61

Variable manufacturing overhead $ 7

Variable selling and administrative expense $ 11

Fixed costs:

Fixed manufacturing overhead $ 135,000

Fixed selling and administrative expense $ 8,900

What is the net operating income for the month under absorption costing?

5. Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price $ 99

Units in beginning inventory 0

Units produced 4,800

Units sold 4,030

Units in ending inventory 770

Variable costs per unit:

Direct materials $ 20

Direct labor $ 40

Variable manufacturing overhead $ 6

Variable selling and administrative expense $ 4

Fixed costs:

Fixed manufacturing overhead $ 54,900

Fixed selling and administrative expense $ 3,500

The total contribution margin for the month under variable costing is: