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Comprehensive Problem 5 Part A: Note: You must complete part A before completing parts B and C. Genuine Spice Inc, began operations on January 1

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Comprehensive Problem 5 Part A: Note: You must complete part A before completing parts B and C. Genuine Spice Inc, began operations on January 1 of the current year. The company produces eight-ounce bottles of hand and b lotion called Eternal Beauty. The lotion is sold wholesale in 12-bottle cases for $100 per case. There is a selling commission of $2 case. The January direct materials, direct labor, and factory overhead costs are as follows: DTRECT MATEDTAIS DIRECT LABOR FACTORY OVERHEAD \begin{tabular}{|c|c|c|} \hline & Cost Behavior & Total Cost \\ \hline Utilities & Mixed & $600 \\ \hline Facility lease & Fixed & 14,000 \\ \hline Equipment depreciation & Fixed & 4,300 \\ \hline Supplies & Fixed & 660 \\ \hline & & $19,560 \\ \hline \end{tabular} The management of Genuine Spice Inc. wants to determine the number of cases required to break even per month. The which is part of factory overhead, is a mixed cost. The following information was gathered from the first six months of ope regarding this cost: 1. Determine the fixed and variable portion of the utllity cost using the high-low method. Round the per unit cost 2. Determine the contribution margin per case. Enter your answer to the nearest cent. Contribution margin per case $ 3. Determine the fixed costs per month, including the utility fixed cost from part (1). 4. Determine the break-even number of cases per month. cases

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