can you help me with this 2 questions please
Ritchie Manufacturing Company makes a product that it sells for $130 per unit. The company incurs variable manufacturing costs of $65 per unit. Variable selling expenses are $12 per unit, annual xed manufacturing costs are $450,000, and xed selling and administrative costs are $226,000 per year. Required Determine the break-even point in units and dollars using each of the following approaches: 3. Use the equation method. b. Use the contribution margin per unit approach. 1:. Prepare a contribution margin income statement for the break-even sales volume. Complete thla question by enterlng your answers In the tells below. Determine the break-even point in units and dollars using the equation method, the oontrlbutlon margin per unlt approach and the contribution margin ratio approach. Breakeven point in units Break-even point in dollars Contribution margin per unit Break-even point in units Break-even point in dollars Ritchie Manufacturing Company makes a product that it sells for $130 per unit. The company incurs variable manufacturing costs of $66 per unit. Variable selling expenses are $12 per unit, annual fixed manufacturing costs are $450,000, and fixed selling and administrative costs are $226,000 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by entering your answers in the tabs below. Req A to B Req C Prepare a contribution margin income statement for the break-even sales volume. RITCHIE MANUFACTURING COMPANY Contribution Margin Income StatementAdams Airlines is a small airline that occasionally carries overload shipments for the overnight delivery company Never-Fail, Inc. Never-Fail is a multimillion-dollar company started by Wes Never immediately after he failed to finish his first accounting course. The company's motto is "We Never-Fail to Deliver Your Package on Time." When Never-Fail has more freight than it can deliver, it pays Adams to carry the excess. Adams contracts with independent pilots to fly its planes on a per-trip basis. Adams recently purchased an airplane that cost the company $6,777,000. The plane has an estimated useful life of 25,100,000 miles and a zero salvage value. During the first week in January, Adams flew two trips. The first trip was a round-trip flight from Chicago to San Francisco, for which Adams paid $400 for the pilot and $350 for fuel. The second flight was a round trip from Chicago to New York. For this trip, it paid $350 for the pilot and $175 for fuel. The round trip between Chicago and San Francisco is approximately 4,500 miles and the round trip between Chicago and New York is 1,700 miles. Required a. Select if the costs mentioned below are direct or indirect. b. Determine the total cost of each trip. Complete this question by entering your answers in the tabs below. Required A Required B Select if the costs mentioned below are direct or indirect. Pilot Fuel DepreciationAdams Airlines is a small airline that occasionally carries overload shipments for the overnight delivery company Never-Fail, Inc. Never-Fail is a multimillion-dollar company started by Wes Never immediately after he failed to finish his first accounting course. The company's motto is "We Never-Fail to Deliver Your Package on Time." When Never-Fail has more freight than it can deliver, it pays Adams to carry the excess. Adams contracts with independent pilots to fly its planes on a per-trip basis. Adams recently purchased an airplane that cost the company $6,777,000. The plane has an estimated useful life of 25,100,000 miles and a zero salvage value. During the first week in January, Adams flew two trips. The first trip was a round-trip flight from Chicago to San Francisco, for which Adams paid $400 for the pilot and $350 for fuel. The second flight was a round trip from Chicago to New York. For this trip, it paid $350 for the pilot and $175 for fuel. The round trip between Chicago and San Francisco is approximately 4,500 miles and the round trip between Chicago and New York is 1,700 miles. Required a. Select if the costs mentioned below are direct or indirect. b. Determine the total cost of each trip. Complete this question by entering your answers in the tabs below. Required A Required B Determine the total cost of each trip. (Do not round intermediate calculations.) Chicago to Chicago to San Francisco New York Total cost
