Exercise 11-5 The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Total Maintenance Costs Machine Month Hours 5,600 January $11,740 6,400 February 13,400 March 9,600 19,200 April 25,040 12,640 8,000 May 16,200 12,800 25,420 June Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places e.g. 12.25.) Variable cost per machine hour VIDEO: APPLUED SKILLS VIDEO APPLIED SKILLS LINK TO TEX LINK TO TEX Determine the fixed cost components using the high-low method. (Round answer to 0 decimal places e.g. 2,520.) Fixed costs Exercise 11-8 Pronghorn provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. $1,700 per month Depreciation $200 per month Advertising $8,900 per month Insurance $14 per lawn Weed and feed materials $38 per lawn Direct labor $2 per lawn Fuel Pronghorn charges $90 per treatment for the average single-family lawn. Determine the company's break-even point in number of lawns serviced per month. lawns Break-even point VIDEO: APPLIED SKILLS VIDEO: SIMILAR PROBLEM LINK TO TEXT LINK TO TEXT Determine the company's break-even point in dollars. (Round answer to 0 decimal places, e.g. 1,225.) Break-even point $ Exercise 11-13 Bridgeport Company has the following information available for September 2017. $664 Unit selling price of video game consoles $465 Unit variable costs $89,550 Total fixed costs 996 Units sold Compute the unit contribution margin. Unit contribution margin $ LINK TO TEXT LINK TO TEXT VIDEO: S Prepare a CVP income statement that shows both total and per unit amounts. BRIDGEPORT COMPANY CVP Income Statement Prepare a CVP income statement that shows both total and per unit amounts. BRIDGEPORT COMPANY CVP Income Statement Total Per Unit LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM VIDEO: Compute Bridgeport's break-even point in units. Break-even point in units units Compute Bridgeport's break-even point in units. Break-even point in units units LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM Prepare a CVP income statement for the break-even point that shows both total and per unit amounts. BRIDGEPORT COMPANY CVP Income Statement Total Per Unit Problem 11-2 Grouper Company bottles and distributes B Lite, a diet soft drink. The beverrage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers 90 cents per bottle. For the year 2017, management estimates the following revenues and costs. Sales $2,220,000 Seling expenses-variable $60.000 Selling expenses-fixed 50.000 Direct materials 470,000 Direct labor Administrative expenses-variable 62,000 300,000 Manufacturing overhead-variable Administrative expenses-fixed 50,000 440,000 Manufacturing overhead-foxed 579,200 Prepare a CVP income statement for 2017 based on management's estimates GROUPER COMPANY CVP Income Statement (Estimated) Compute the break-even point in (1) units and (2) dollars. (1) Compute the break-even point units (2) Compute the break-even point LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROB Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottle to 3 decimal p Contribution margin ratio Margin of safety ratio % LINK TO TEXT LINK TO TEXT LINK TO TEXT Determine the sales dollars required to earn net income of $82,800. Required sales dollars