Information regarding a product manufactured and sold by Schiffiman is shown below: Maximum capacity with existing facilities Total fixed costs per month. Variable cost per unit Sales price per unit. 4,000 units $50,000 $42.00 $56.00 5. Refer to the above data. In a month in which 30,000 equivalent full units are produced, Ratnere's manufacturing overhead should be approximately a $52,500 $ 132,000 b $79,500 d $ 90,500. 2 6. Management predicts total sales for June to be $3,000,000, yielding a margin of safety of $1,000,000 and a contribution margin ratio of 25%. Which of the following amounts is not consistent with this information? Fixed costs, $500,000. f Variable costs, $750,000. Operating income, $250,000. Break-even sales volume, $2,000,000. e h Use the following data for questions 2 through 4. The recent high and low levels of hours operated and monthly repair cost for heavy equipment for Universal Mfg. are shown below: Hours Operated Repair Cost Highest observed level 24,000 $7,450 Lowest observed level.... 21,500 6,700 7. Refer to the above data. Using the high-low method, compute the variable element of repair cost per hour of operation for Universal's equipment: a $750c $0.30. b $3.33 d $0.34. 8. Refer to the above data. Using the high-low method, compute the fixed element of Universal's monthly repair cost: a $150. $6,300. b $250. d $6,450 9. Refer to the above data. The total estimated repair cost for a month in which Universal operates equipment for 19,000 hours is: a $5,950. $6,450. b $6,300. d $5,700. 10. Perkins Corporation manufactures two products, data are shown below: Contribution Relative Margin Ratio Sales Mix Product A.. 40% 40% Product B.. 30% If Perkins' monthly fixed costs average $425,000, what is its break-even point expressed in sales dollars? a $1,320,000. $1,250,000 b $1,400,000 d $990,000 60% C