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Managerial Accounting Nancy's Name Tents has provided their per-unit sales and cost information for the year ended December 31, 2018. All per-unit costs below are

image text in transcribedimage text in transcribed Managerial Accounting Nancy's Name Tents has provided their per-unit sales and cost information for the year ended December 31, 2018. All per-unit costs below are based on the production and sale of 3,000 name tents. The relevant range is 0-3,500 tents. Round all per-unit answers to the nearest penny. Sales Costs $75 Variable Costs Direct Materials Direct Labor Manufacturing Overhead Period Costs Fixed Costs Manufacturing Overhead Period Costs 13. 8 252 56 15 1.) If 2,000 tents are produced and sold, what is the product cost per tent? Answer 2.) What is the fixed cost per tent at 1,000 tents (including period costs) produced and sold? Answer: 3) What are the total fixed costs in this example at 2.000 name tents (produced and sold? Answer: 43 What are the total variable costs in this example at 2,000 name tents (produced and sold)? Answer 5) What are the total period costs at 2.000 name tents (produced and sold)? Answer 6) Will Nancy's turn a profit if they sell 2.000 name tents? Answer 7) What is the cost equation for Nancy's? Answer: What is the contribution margin, pecunit 6.) Will Nancy's turn a profit if they sell 2,000 name tents? Answer: 7) What is the cost equation for Nancy's? Answer: 8.) What is the contribution margin, per unit? Answer: 9.) How many units does Nancy need to sell in order to break even if she sells them at the price listed above? Answer: 10.) If Nancy expects to sell only 2,000 tents, what price should she charge, per unit, to break even? Answer: Ne

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