Given the following cost and activity observer for Bounty Company, we the highw method to four permet Round your answer to the nearest cent Cost March April May 1.041 12,350 June 13. a. d. If sales are $827,000, variable costs are 71% of sales, and operating income is $202,000, what is the contribution margin ratio? a. 67% b. 33% c. 71% d. 29% Flying Cloud Co. has the following operating data for its manufacturing operations: Unit selling price $207 Unit variable cost $101 Total fixed costs $631,000 The company has decided to increase the wages of hourly workers which will increase the unit Variable cost by 10%. Increases in the salaries of factory supervisors and property taxes for the factory will increase fixed costs by 4%. 1 sales prices are held constant, the next break-even point for Flying Cloud Co. will be increased by 938 un b. increased by 1.407 uni c. decreased by 1,172 units d. increased by 1.172 units Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to calculate Bounty variable utilities costs per machine hour. Round your answer to the nearest cent. Cost Machine Hours March $3,149 14,871 10,041 April 2,638 May 2,853 12,359 June 3,635 18,143 a. 50.42 b. 30.12 C. $03 d. 51.45 Flying Cloud Co. has the following operating data for its manufacturing operations: Unit selling price $207 Unit variable cost $101 Total fixed costs $831,000 The company has decided to increase the wages of hourly workers which will increase the unit variable cost by 10% Increases in the salaries of factory supervisors and property taxes for the factory will increase fixed costs by 4%. If sales prices are held constant, the next break-even point for Flying Cloud Co. will be a. meroased by 938 units b. Increased by 1,407 units c. decreased by 1.172 units d. Increased by 1,172 unit A company with a break-even point at $900,000 in sales revenue had fixed costs of $225,000. When actual sales were $1,000,000, variable costs were $750,000 Determine the following: Round your percentage to a whole number 9 a. Margin of safety expressed in dollars b. Margin of safety expressed as a percentage of sales c. Contribution margin ratio d. Operating income