ACC Lab:

Information: Number of Units Produced 4100 Cost of Goods Sold Detail: Other Expenses Detail: Number of units Sold 4100 Direct materials $39 per unit Salaries for Administrative Staff $51,000 total Direct Labor $28 per unit Rent of Office Space $20,000 total Revenue per unit $150 per unit Manufacturing Overhead: Depreciation of Office Equipment $12,500 total Rent on Factory Building $32,000 total Commission for sales staff $10 per unit Depreciation on Equipment $24,000 total

A) Traditional Absorption Costing Income Statement B) Contribution Margin Income Statement C) Calculate the following using formulas: (Income Statement using Variable Costing) Total variable costs per unit Income Statement Total fixed costs (GAAP Format) Income Statement Contribution Margin Format Contribution Margin per unit Sales Revenue Breakeven point in units Cost of Goods Sold Sales Revenue $615,000 Breakeven point in sales dollars Gross Margin Variable Costs $315,700 Operating Expenses Contribution Margin Margin of Safety in units Net Income Fixed Costs Margin of Safety in dollars Net Income Margin of Safety as percent of current sales Degree or Magnitude of Operating Leverage # of units that must be sold to earn $300,000 1c) Using a formula to answer this question, determine the company's NET INCOME if the number of units produced The minimum selling price per unit that and sold increases by 15% must be set to earn $175,000 Net Income at 15% higher level of prod/sales

Information 5 rumber of Units Produced Number of units sold 4100 4100 $39 per unit $2 per unit Cost of Goods sold Detail Direct materiale Director Manufacturing Overhead: Remon FactoryBuilding Depreciation on rent Other penses Detail Salaries for Adminitrative Salt Rent of Office Space Depreciation of Office Equipment Commision for sales staff $51.000 total $20.000 total $12.500 total $10 per unit Revenue per unit $150 per unit $12,000 total $24.000 tot 10 11 12 A) Traditional Absorption Corting Income Statement Contribution Margin income Statement Income Calculate the following using formule Total variable content Totalfiedot Income Stat BAT 17 Sales Ben 1 Coutof Good old 19 Maps 10 Operating pen Net 22 23 Contribution Marinomat Sales Reven $15.000 Variatie Cots 5115200 Contribution Margin Costs to come Depremde of Operatine Love Do notaniwtion determine com NET INCOME tumber of produced and in 15 Con Margit Bresleven point Breakce point in sales dollars Marino Safety in Margine Sately in dollar Marin Safety of current les of the best to $100.000 at be ton 5175.000 thered