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Omicron Beverages Item Value Sales price per unit $18.00 Variable cost per unit $10.00 Fixed manufacturing cost $5,000 total Fixed selling and administrative cost $1,500
- Omicron Beverages
Item | Value |
Sales price per unit | $18.00 |
Variable cost per unit | $10.00 |
Fixed manufacturing cost | $5,000 total |
Fixed selling and administrative cost | $1,500 total |
- Omicron Beverages planned to produce and sell 2,000 units. Actual production and sales amounted to 2,100 units. Required:
- Calculate the margin of safety in units.
- Prepare a master budget income statement.
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
4th Canadian edition
1118856996, 978-1118856994
