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Live Inc., a Portable Bluetooth Speaker manufacturing company, has the following data for the month of January. Break-Even Point Transactions Cost Information Cost Unit Selling
Live Inc., a Portable Bluetooth Speaker manufacturing company, has the following data for the month of January. Break-Even Point Transactions Cost Information Cost Unit Selling Price per Speaker $60.00 per speaker Electrical Wires from Speakers $6.00 per speaker Manufacturing Equipment Depreciation $40,000.00 per month Plastic for Speakers $4.00 per speaker Manufacturing Plant Rent $17,000.00 per month $1,080.00 per month and Utilities $2.00 per each speaker produced With the information provided above, please complete Step 1, Step 2, and Step 3 for the month of January. When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000.00 without any dollar sign. Make sure you round your answers to two decimal places. So if the answer is $10, you should be typing 10.00.okmarks Profiles Tab Window Help 9903/quizzes/521178/take Step 1: Identify each cost as variable, fixed, or mixed: Responses - Cost Behavior Variable / Fixed / Cost Information Mixed Electrical Wires from Speakers Manufacturing Equipment Depreciation Plastic for Speakers Manufacturing Plant Rent Utilities Step 2: Compute the unit contribution margin. Responses - Contribution Margin Contribution Margin per Unit $Step 3: Based on the information above, determine how many units need to be sold to break even and how much is required in sales to break even. Responses - Break-Even Point Break-Even Point in Units Units Break-Even Point in Sales $
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