Hayek Corporation uses the FIFO method in its process costing. The following data concern the company's mixing department for the month of August.

Materials Conversion

Work in process, August 1 $31,734 $30,320

Cost added to production in the mixing department during August $91,332 $81,864

Equivalent units of production for August 7,740 7,580

Required:

What are the cost per equivalent unit for materials and the cost per equivalent for conversion for the mixing department for August using the FIFO method?

Question 5:

Maddaloni International, Inc. produces and sells a single product. The product sells for $160.00 per unit, and its variable expense is $46.40 per unit. The company's monthly fixed expense is $219,248.

Required:

What's the monthly break-even in total dollar sales?