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BE5-5 Stiever Corp. has collected the following data concerning its maintenance costs for Determine variable- and the past 6 months. fixed-cost elements using the
BE5-5 Stiever Corp. has collected the following data concerning its maintenance costs for Determine variable- and the past 6 months. fixed-cost elements using the high-low method. (LO 3), AP Units Produced Total Cost July 18,000 $32,000 August 32,000 48,000 September 36,000 55,000 October 22,000 38,000 November 40,000 66,100 December 38,000 62,000 Compute the variable- and fixed-cost elements using the high-low method. BES-6 Determine the missing amounts. Unit Selling Price 1. $640 2. $300 3. (e) Unit Variable Costs Contribution Margin per Unit Contribution. Margin Ratio $352 (a) (b) (c) $93 (d) (f) $325 25% Determine missing amounts for contribution margin. (LO 5), AN BE5-7 Radial Inc. had sales of $2,400,000 for the first quarter of 2014. In making the sales, the company incurred the costs and expenses shown on page 222. Prepare CVP income statement. (LO 5), AP
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