Croftsman Company recorded the following information for its main product Selling price per unit Costs per...
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Croftsman Company recorded the following information for its main product Selling price per unit Costs per unit (at the normal capacity of 21,600 units): Direct material Direct labour Variable overhead Fixed overhead Sales Commission $200 50 38 25 7.5 % of sales Required: 1. Compute the contribution margin ratio and break-even sales. Contribution margin ratio Breakeven sales R 2. What is the margin of safety in dollars and units, and the degree of operating leverage? (Round "Degree of operating leverage" 2 decimal places and the rest to the nearest whole number.) Dollars Units Margin of safety Degree of operating leverage Croftsman Company recorded the following information for its main product Selling price per unit Costs per unit (at the normal capacity of 21,600 units): Direct material Direct labour Variable overhead Fixed overhead Sales Commission $200 50 38 25 7.5 % of sales Required: 1. Compute the contribution margin ratio and break-even sales. Contribution margin ratio Breakeven sales R 2. What is the margin of safety in dollars and units, and the degree of operating leverage? (Round "Degree of operating leverage" 2 decimal places and the rest to the nearest whole number.) Dollars Units Margin of safety Degree of operating leverage
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