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17:18 Lunes 3 de octubre 17:18 9 Lunes 3 de octubre copia de BUS...am Fall 2022 Inicio 11 Insertar Dibujar Disposici6n Revisar Ver 0 Q
17:18 Lunes 3 de octubre
17:18 9 Lunes 3 de octubre copia de BUS...am Fall 2022 Inicio 11 Insertar Dibujar Disposici6n Revisar Ver 0 Q @ 46 0/0 Z) e Part 1.: Classify each of the following as direct or indirect, variable or fixed, and product or period cost: Cost Item Prod or Explanation (If Needed) A. Wages of forklift operators who move finished goods from a central warehouse to the loading dock. B. Cost of labels attached to shirts made by a company. C. Wages of factory maintenance workers. E. Insurance premiums paid on the headquarters of a manufacturing company. Part 2.: Fixed, Variable, or Mixed costs Below are the various contracts available through Jiffy Car Rental. Identify whether the following costs are fixed (F), variable (V), or mixed (M): 1. 2. 3. 4. 5. Contract 1: $50 for the day Contract 2: $30 for the day plus $0.20 per mile traveled Contract 3: $2 per mile traveled Contract 4: $300 for unlimited miles for 3 days Contract 5: $20 for 200 miles per day; miles over the 200 miles/day are charged at $0.60 per mile Part 3: Multi-product CVP: Barton Fink decides to do consulting in Cloud resource systems along with its General business consulting. It charges $300/hour for general business consulting and $350/hour for Cloud systems and (with variable costs respectively at $145 and $115). According to its projections, Barton Fink expects a sales mix of three general business consulting hours for seven Cloud consulting hours. Required: (a) Based on this, what will the weighted average contribution margin be for the two types of service? (b) What are the total number of hours Carson City must service to breakeven if fixed costs are now $50,000? (c) What are the number of general business hours and the number of Cloud hours the company must perform to break even if fixed costs are now $50,000?
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