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Handy Home sells windows ( 20% of sales) and doors ( 80% of sales). The selling price of each window is $320 and of each
Handy Home sells windows ( 20% of sales) and doors ( 80% of sales). The selling price of each window is $320 and of each door is $740. The variable cost of each window is $185 and of each door is $470. Fixed costs are $1,348,650. Required information [The following information applies to the questions displayed below] Hudson Company reports the following contribution margin income statement. 1. Assume Hudson has a target income of $167,000. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target income, what is its margin of safety (in percent)? Note: Round your answer to 1 decimal place. Sunn Company manufactures a single product that sells for $130 per unit and whose variable costs are $104 per unit. The company's annual fixed costs are $429,000. A jeans maker is designing a new line of jeans called Slams. Slams will sell for $330 per unit and cost $260.70 per unit in variable costs to make. Fixed costs total $60,500. Note: Round your answers to 2 decimal places. Classify each of the following costs as either variable, fixed, or mixed. Costs are from a manufacturer of portable basketball hoops
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