13.)

Kilihea Corporation produces a single product. The company's absorption costing income statement for July follows:

Kilihea Corporation Income Statement For the month ended July 31
Sales (12,100 units)	$629,200
Cost of goods sold	401,720
Gross margin	227,480
Selling and administrative expenses:
Fixed	96,800
Variable	72,600
Total selling and administrative expense	169,400
Net operating income	$ 58,080

The company's variable production costs are $24.20 per unit and its fixed manufacturing overhead totals $114,100 per month.

The contribution margin per unit during July was (Round your intermediate calculations and final answer to 2 decimal places):

$21.80

$21.20

$4.80

$30.20

14,)

Galante Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During May, Kennel budgeted for 5,300 tenant-days, but its actual level of activity was 5,320 tenant-days. Kennel has provided the following data concerning the formulas used in its budgeting and its actual results for May:

Data used in budgeting:

	Fixed element per month	Variable element per tenant-day
Revenue		$31.80
Wages and salaries	$4,300	$7.80
Expendables	900	12.60
Facility expenses	8,700	4.80
Administrative expenses	7,700	0.60
Total expenses	$21,600	$25.80

Actual results for May:

Revenue	$109,080
Wages and salaries	$23,630
Expendables	$36,803
Facility expenses	$19,380
Administrative expenses	$9,166

The net operating income in the planning budget for May would be closest to:

$10,200

$20,007

$10,320

$20,101