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Part A. Break-even Analysis The management of Quivers Inc. wants to determine the number of cases required to break even per month. The utilities
Part A. Break-even Analysis The management of Quivers Inc. wants to determine the number of cases required to break even per month. The utilities cost, which is part of factory overhead, is a mixed cost. The following information was gathered from the first six months of operation regarding this cost: Instructions Month January Case Production Utility Total Cost 500 600.00 February 800 $ 660.00 March 1,200 740.00 April 1.100 $ 720.00 May 950 $ 690.00 June 1.025 705.00 1. Determine the fixed and variable portion of the utility cost using the high-low method. 2. Determine the contrinution margin per case. 3. Determine the fixed costs per month, including the utility fixed cost from question (1). 4. Determine the break-even number of cases per month
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