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Check my work 2 Benson Corporation incurs the following annual fixed costs. Item Cost 14.28 Depreciation $ 67,000 points Officers' salaries 190,000 Long-term lease 60,000 Property taxes 10,000 eBook Print Required Determine the total fixed cost per unit of production, assuming that Benson References produces 9,500, 10,000, or 10,500 units. (Round your answers to 2 decimal places.) Units Produced 9,500 10,000 10,500 Fixed cost per unitCheck my work 3 The following variable production costs apply to goods made by Fanning Manufacturing Corporation: 14.28 Item Cost per unit points Materials $13.00 Labor 7.50 Variable overhead 0. 75 eBook Total $21 . 25 Print References Required Determine the total variable production cost, assuming that Fanning makes 10,000, 20,000, or 30,000 units. Units Produced 10,000 20,000 30,000 Total variable costCheck my w 4 AJ Manufacturing Company incurred $57,000 of fixed product cost and $45,600 of variable product cost during its first year of operation. Also during its first year, AJ incurred $18,100 of fixed and $14,400 of variable selling and administrative costs. The company sold all of the units it produced for $188,000. 14.28 points Required a. Prepare an income statement using the format required by generally accepted accounting Principles (GAAP). eBook b. Prepare an income statement using the contribution margin approach. Print References Complete this question by entering your answers in the tabs below. Required A Required B Prepare an income statement using the contribution margin approach. AJ MANUFACTURING COMPANY Income Statement Revenue Variable cost Contribution margin Fixed cost Net income Required A Required B >Check my work A AJ Manufacturing Company incurred $57,000 of fixed product cost and $45,600 of variable product cost during its first year of operation. Also during its first year, AJ incurred $18,100 of fixed and $14,400 of variable selling and administrative costs. The company sold all of the units it produced for $188,000. 14.28 points Required a. Prepare an income statement using the format required by generally accepted accounting Principles (GAAP). eBook b. Prepare an income statement using the contribution margin approach. Print References Complete this question by entering your answers in the tabs below. Required A Required B Prepare an income statement using the format required by generally accepted accounting Principles (GAAP) AJ MANUFACTURING COMPANY Income Statement Revenue Cost of goods sold Gross margin Selling and administrative Net income 5 Chec Rundle Corporation sells products for $28 each that have variable costs of $16 per unit. Rundle's annual fixed cost is $286,800. Required 14.28 Use the per-unit contribution margin approach to determine the break-even point in units and dollars. points eBook Break-even point in units Print Break-even point in dollars ReferencesCheck my work 6 Benson Company incurs annual fixed costs of $73,690. Variable costs for Benson's product are $31.05 per unit, and the sales price is $45.00 per unit. Benson desires to earn an annual profit of $50,000. 14.28 Required points Use the per unit contribution margin approach to determine the sales volume in units and dollars required to earn the desired profit. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) eBook Hint Sales in dollars Print Sales volume in units References7 Sales price per unit 200 Variable cost per unit 80 Total annual fixed manufacturing and 14.32 operating costs $600,000 points Required eBook Determine the following: Print a. Contribution margin per unit. References b. Number of units that Ender must sell to break even. c. Sales level in units that Ender must reach to earn a profit of $240,000. d. Determine the margin of safety in units, sales dollars, and as a percentage. Complete this question by entering your answers in the tabs below. Req A to C Req D a. Contribution margin per unit. b. Number of units that Ender must sell to break even. c. Sales level in units that Ender must reach to earn a profit of $240,000. a. Contribution margin per unit b. Break-even in units C. Sales in unitsC Information concerning a product produced by Ender Company appears here: Sales price per unit 200 Variable cost per unit 80 14.32 Total annual fixed manufacturing and points operating costs $600, 000 eBook Required Determine the following: Print a. Contribution margin per unit. References b. Number of units that Ender must sell to break even. c. Sales level in units that Ender must reach to earn a profit of $240,000. d. Determine the margin of safety in units, sales dollars, and as a percentage. Complete this question by entering your answers in the tabs below. Req A to C Req D :Determine the margin of safety in units, sales dollars, and as a percentage. (Round "Percentage" answer to 1 decimal place *(i.e., 0.234 should be entered as 23.4).) Units Sales Percentage Margin of safety %
