1. If sales will increased to $150,000 and fixed costs will increased to 14,000. What is the projected income?
2. Answer the following questions using the information below:

Company A sells a single product. 500 units were sold resulting in 25,000 of sales revenue , $10,000 of variable costs, and $3,600 of fixed costs.

What is the Margin of Safety, if budgeted Sales is $26,000 and Breakeven Sales is $6,000?

3 Which is the correct journal entry for MOH assuming utilities and repairs were purchased on Account Payable and Cash?

a.Accumulated Depreciation control 40,000

Manufacturing Overhead control90,000

b.None of them

c.Manifacturing Overhead Control 90,000

Cash50,000

d.Accumulated depreciation control 40,000

Account payable, cash control50,000

Manufacturing Overhead control90,000