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A)What is the fixed cost using high-low B) Budget sales-578000 Budget fixed costs - 280840 Budget variable cost- 184960 Whats break even point? C) Margin
A)What is the fixed cost using high-low
Month Machine Hours 665 620 August September October November December Utility Costs $28,000 $24,600 $26,000 $24,300 $24,800 630 565 640 Sales revenue Less: Variable costs Contribution margin Less: Fixed costs Operating income $612,400 416,432 195,968 126,400 $69,568 B) Budget sales-578000
Budget fixed costs - 280840
Budget variable cost- 184960
Whats break even point?
C) Margin of safety?
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