Question
i need to get the solution of proble 4-53 because is the unique opportunity to pass this clas and also is my graduation year. If
i need to get the solution of proble 4-53 because is the unique opportunity to pass this clas and also is my graduation year. If someone can help me A$AP
the problems is the following
dover high fashion company manufactured and sold 1000 leather handbags during july. selected data for this month
sales 130,000
direct material used 35,000
variable manufacturing overhead 18,000
direct labor 11,000
fixed manufacturing overhead 13,000
variable selling and administrative expenses ?
fixed selling and administrative expenses ?
contribution margin 55,000
operating income 33,000
there were no beginning or ending inventory
1. variable selling and administrative expenses?
2. fixed sellinng and administrative expenses?
3. cost of good sold
4.without prejudice to you earlier answers, assume that the fixed selling and administrative expenses for july amounted to $6,250
a. breakeven in units
b. how many units must be sold to earn a target operating income of $17,600
c. what would the selling price per unit have to be if the company wanted to earn an operating income of $62,650 on the sale of 910 units?
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