Answer required worksheet problems show work neatly please

Accounting 204 Chapter 21 In-Class Assignment Name: Date: Provide a response to each of the questions below 1. Dough Ducks makes and sells doughnuts. The average selling price of a doughnut is $1.30 and the average variable expense per doughnut is $0.35. The average fixed expense per month is $1,500. An average of 2,500 doughnuts are sold each month. What is the CM Ratio for Dough Ducks? 2. Hunter, Inc., produces and sells a single product. The product sells for $250.00 per unit and its variable expense is $97 per unit. The company's monthly fixed expense is $612,612. Determine the monthly break-even in unit sales. Zebra Bicycle Com pany Contribution Income Statement For the Month of June Total Per Unit $450 180 S 270 CM Sales (200 bicycles) Less: Variable expenses Contribution margin Less: Fixed expenses Net operating income Ratio 1 00% 40% 60 % 90,000 36,000 54,000 15,000 39,000 $ Using the information above, provide a response to questions 3-6 3. What is the profit impact if Zebra Bicycle can increase unit sales from 200 to 230 by increasing the monthly advertising budget by $10,000? 4. What is the profit impact if Zebra Bicycle can use higher-quality raw materials, thus increasing variable cost per unit by $10, to generate an increase in unit sales from 200 to 300? 5. What is the profit impact if Zebra Bicycle (1) cuts its selling price $20 per unit, (2) increases its advertising budget by $10,000 per month, and (3) increases sales from 200 to 350 units per month? 6. What is the profit impact if Zebra Bicycle (2) pays a $15 sales commission per bike s instead of paying salespersons flat salaries that currently total $3,000 per month, and (2) increases sales from 200 to 275 units per month? ACC 204 Cha pter 21 In -Class Assignment |2 Mason Iron Works manufactures decorative iron railings. In preparing for next year's operations, management has developed the following estimates: Sales (18,000 units) Direct materials Direct labor (variable) Manufacturing overhead Total Per Unit $1,800,000 100.00 450,000 25.00 153,000 8.50 126,000 7.00 Variable Fixed $63,000 Selling & administrative 180,000 10.00 Variable Fixed aa pa $54,000 Bua Using the information above, provide a response to questions 7-10. eT 7. What is the Unit contribution margin? ino 8. What is the Contribution margin ratio? 9. What is the Break-even in dollar sales? 10. How many units would Mason Iron Works have to sell in order to earn a target profit of $1,000,000