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Exercise 18-03 al-a2 The controller of Cullumber Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs.

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Exercise 18-03 al-a2 The controller of Cullumber Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Maintenance Total Month Costs Machine Hours January $2,730 330 February 3,030 380 March 3,630 530 April 4,530 660 May 530 June 730 3,230 5,450 Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per machine hour LINK TO TEXT LINK TO VIDEO Determine the fixed cost components using the high-low method. Total fixed costs Click if you would like to Show Work for this question: Open Show Work Do It! Review 18-05 Blossom Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $211,350 and variable costs to be $24 per unit Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even points LINK TO TEXT Compute the margin of safety ratio assuming actual sales are $750,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of safety Compute the sales dollars required to earn net income of $348,650. Required sales Click if you would like to Show Work for this question: Open Show Work Do It! Review 18-04 Blossom Company has a unit selling price of $280, variable costs per unit of $160, and fixed costs of $288,000. Compute the break-even point in units using (a) the mathematical equation and (b) unit contribution margin. (b) Unit (a) Mathematical contribution Equation margin Break-even point units units Click if you would like to Show Work for this question: Open Show Work

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