Question
1(a). Wyly Inc. produces and sells a single product. The selling price of the product is $150.00 per unit and its variable cost is $60.00
1(a). Wyly Inc. produces and sells a single product. The selling price of the product is $150.00 per unit and its variable cost is $60.00 per unit. The fixed expense is $340,560 per month. |
The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) |
1(b).Morganti Corporation sells a product for $185 per unit. The product's current sales are 42,100 units and its break-even sales are 34,665 units. What is the margin of safety in dollars? |
1(c).Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single product. |
Sales (5,600 units) | $ | 235,200 |
Variable expenses | 112,000 | |
Contribution margin | 123,200 | |
Fixed expenses | 47,200 | |
Net operating income | $ | 76,000 |
If the company sells 5,700 units, its total contribution margin should be:
1(d).Carlton Corporation sells a single product at a selling price of $40 per unit. Variable expenses are $22 per unit and fixed expenses are $82,800. Carlton's break-even point is:
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