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can you please help me with these questions i need them asap!! I need it in the next 30 minutes please! There were no beginning
can you please help me with these questions i need them asap!! I need it in the next 30 minutes please!
There were no beginning or ending inventories. The absorption costing unit product cost was: Multiple Choice $167 pr unit $213 per unit $174 per unit Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, seils for $90 per ueit. Variabie expenses are $63 per stove, and fixed expenses associated with the stove total $132.300 per month. Required: 1. What is the break-even point in unit sales and in dollar sales? 2. If the variable expenses per stove increase as a percentage of the selling price, will it result in a higher or a lower break-even point? (Assume that the fixed expenses remain unchanged.) 3. At present, the company is selling 10,000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes. 4. Refer to the data in Required 3. How many stoves would have to be sold at the new seiling price to attain a target profit of $76.000 per month? Complete this question by entering your answers in the tabs below. Refer to the data in Required 3. How many stoves would have to be sold at the new selling price to attain a target profit of $76,000 per month? (Round up your final answer to the nearest unit.) The total gross margin for the month under the absorption costing approach is: Multiple Choice $50,260 Maher Comoration, which has only one product, has provided the followina dinte concerning its most recent month of operations. Required: a. What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? c. Prepare a contribution format income statement for the month using variable costing. d. Prepare an income statement for the month using absorption costing. e. Reconcile the variable costing and absorption costing net operating incomes for the month. Complete this question by entering your answers in the tabs below. What is the unit product cost for the month under variathe costing Step by Step Solution
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