(I have finished all the rest I just cant find the Break-Even Sales in Units or Dollars, I have them filled but it says thoughs are wrong, find the start here to know where to start) Cover-to-Cover Company is a manufacturer of shelving for books. The company has compiled the following cost data, and wants your help in determining the cost behavior. After reviewing the data, complete requirements (1) and (2) below.

Units	Total	Total	Total Machine
Produced	Lumber Cost	Utilities Cost	Depreciation Cost
12,000 shelves	$144,000	$14,800	$125,000
24,000 shelves	$288,000	$28,600	$125,000
48,000 shelves	$576,000	$56,200	$125,000
60,000 shelves	$720,000	$70,000	$125,000

1. Determine whether the costs in the table are variable, fixed, mixed, or none of these.

	Variable Cost	Fixed Cost	Mixed Cost	None of these
Lumber
Utilities
Depreciation

2. For each cost, determine the fixed portion of the cost, and the per-unit variable cost. If there is no amount or an amount is zero, enter "0". Recall that, for N= Number of Units Produced, Total Costs = (Variable Cost Per Unit x N) + Fixed Cost. Complete the table below with your answers.

Cost	Fixed Portion of Cost	Variable Portion of Cost (per Unit)
Lumber	0	12.00
Utilities	1,000	1.15
Depreciation	125,000	0

Biblio Files Company is the chief competitor of Cover-to-Cover Company in the bookshelf business. Biblio Files is analyzing its manufacturing costs, and has compiled the following data for the first six months of the year. After reviewing the data, answer questions (1) through (3) below.

Month	Number of Units Produced	Total Cost
January	4,360	$65,600
February	250	$6,250
March	1,000	$15,000
April	5,000	$77,500
May	1,750	$32,500
June	3,015	$48,000

1. From the data provided above, help Biblio Files Company estimate the fixed and variable portions of its total costs using the High-Low Method. Recall that Total Costs = (Variable Cost Per Unit x Units Produced) + Fixed Cost. Complete the table below.

Total Fixed Cost	Variable Cost per Unit
2500	15.00

2. With your Total Fixed Cost and Variable Cost per Unit from the High-Low Method, calculate the total cost for the following values of N (Number of Units Produced).

Number of Units Produced	Total Costs
3,500	55000
4,360	67900
5,000	77500

3. Why does the total cost calculated for 4,360 units not match the data for January in the table at the top of this panel?

The High-Low method only gives accurate data when fixed costs are zero.

The High-Low method is accurate only for months in which production is at full capacity.

The High-Low method gives accurate data only for levels of production outside the relevant range.

The High-Low method gives a formula for the estimated total cost and may not match levels of production other than the highest and lowest.

START HERE Review the contribution margin income statements for Cover-to-Cover Company and Biblio Files Company on their respective Income Statements panels. Complete the table below from the data provided in the income statements. Each company sold 84,800 units during the year.

	Cover-to-Cover Company	Biblio Files Company
Contribution margin ratio (percent)	30	48
Unit contribution margin	1.50	2.40
Break-even sales (units)	42400	58300
Break-even sales (dollars)	212000	291500

Cover-to-Cover Company

Contribution Margin Income Statement

For the Year Ended December 31, 2016

1	Sales			$424,000.00
2	Variable costs:
3	Manufacturing		$212,000.00
4	Selling		21,200.00
5	Administrative		63,600.00	296,800.00
6	Contribution margin			127,200.00
7	Fixed Costs:
8	Manufacturing		$5,000.00
9	Selling		4,000.00
10	Administrative		54,600.00	63,600.00
11	Income from operations			$63,600.00

Biblio Files Company

Contribution Margin Income Statement

For the Year Ended December 31, 2016

1	Sales			$424,000.00
2	Variable costs:
3	Manufacturing		$169,600.00
4	Selling		16,960.00
5	Administrative		33,920.00	220,480.00
6	Contribution margin			203,520.00
7	Fixed Costs:
8	Manufacturing		$121,920.00
9	Selling		8,000.00
10	Administrative		10,000.00	139,920.00
11	Income from operations			$63,600.00

START HERE (the break even sales in units and dollars are wrong (bolded) and I cant figure them out) Biblio Files Company is making plans for its next fiscal year, and decides to sell two new types of bookshelves, Basic and Deluxe. The company has compiled the following estimates for the new product offerings.

Type of Bookshelf	Sales Price per Unit	Variable Cost per Unit
Basic	$5.00	$1.75
Deluxe	$9.00	$8.10

The company is interested in determining how many of each type of bookshelf would have to be sold in order to break even. If we think of the Basic and Deluxe products as components of one overall enterprise product called Combined, the unit contribution margin for the Combined product would be $2.31. Fixed costs for the upcoming year are estimated at $346,962. Recall that the totals of all the sales mix percents must be 100%. Determine the amounts to complete the table below.

Type of Bookshelf	Percent of Sales Mix	Break-Even Sales in Units	Break-Even Sales in Dollars
Basic	60%	64055	320273
Deluxe	40%	154205	1387848

Refer again to the income statements for Cover-to-Cover Company and Biblio Files Company on their respective Income Statement panels. Note that both companies have the same sales and net income. Answer questions (1) - (3) below, assuming that all data for the coming year is the same as the current year, except for the amount of sales.

1. If Cover-to-Cover Company wants to increase its profit by $40,000 in the coming year, what must their amount of sales be?

557333

2. If Biblio Files Company wants to increase its profit by $40,000 in the coming year, what must their amount of sales be?

507333

3. What would explain the difference between your answers for (1) and (2)?

The answers are not different; each company has the same required sales amount for the coming year to achieve the desired target profit.

Biblio Files Company has a higher contribution margin ratio, and so more of each sales dollar is available to cover fixed costs and provide income from operations.

The companies have goals that are not in the relevant range.

Cover-to-Cover Companys contribution margin ratio is lower, meaning that its more efficient in its operations.