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Hixson Company manufactures and sells one product for $ 3 4 per unit. The company maintains no beginning or ending inventories and its relevant range
Hixson Company manufactures and sells one product for $ per unit. The company maintains no beginning or ending inventories and its relevant range of production is units to units. When Hixson produces and sells units, its unit costs are as follows:
Amount Per Unit
Direct materials $
Direct labor $
Variable manufacturing overhead $
Fixed manufacturing overhead $
Fixed selling expense $
Fixed administrative expense $
Sales commissions $
Variable administrative expense $
Required:
For financial accounting purposes, what is the total amount of product costs incurred to make units? What is the total amount of period costs incurred to sell units?
If units are produced, what is the variable manufacturing cost per unit produced? What is the average fixed manufacturing cost per unit produced? Round your answers to decimal places.
If units are produced, what is the variable manufacturing cost per unit produced? What is the average fixed manufacturing cost per unit produced? Round your answers to decimal places.
If units are produced, what are the total amounts of direct and indirect manufacturing costs incurred to support this level of production?
What total incremental manufacturing cost will Hixson incur if it increases production from to units? Round your answer to decimal places.
What is Hixsons contribution margin per unit? What is its contribution margin ratio? Round "Contribution margin per unit" to decimal places and "Contribution margin ratio" to decimal place.
What is Hixsons breakeven point in unit sales? What is its breakeven point in dollar sales? Do not round your intermediate values.
How much will Hixsons net operating income increase if it can grow production and sales from units to units?
What is Hixsons margin of safety at a sales volume of units? Do not round your intermediate values.
What is Hixsons degree of operating leverage at a sales volume of units? Round your answer to decimal places.
please show your work and formulas that you used
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