Peeler's Smoothie Company has provided the following information:

Sales price per unit	$6.50
Variable cost per unit	$1.00
Fixed costs per month	$3,000

Calculate the contribution margin ratio. (Round your answer to two decimal places.)

A manufacturing company's budgeted income statement includes the following data:

Data extracted from budgeted income statement	Mar	Apr	May	Jun
Sales revenue	$130,000	$100,000	$100,000	$110,000
Commission expense (15% of sales)	19,500	15,000	15,000	16,500
Salaries expense	33,000	33,000	33,000	33,000
Miscellaneous expense5% of sales	6,500	5,000	5,000	5,500
Rent expense	3,600	3,600	3,600	3,600
Utilities expense	2,200	2,200	2,200	2,200
Insurance expense	2,800	2,800	2,800	2,800
Depreciation expense	4,400	4,400	4,400	4,400

The budget assumes that

40%

of commission expenses are paid in the month they are incurred and the remaining

60%

are paid one month later. In addition,

50%

of salaries expenses are paid in the same month, and the remaining

50%

are paid one month later. Miscellaneous expenses, rent expense, and utilities expenses are assumed to be paid in the same month in which they are incurred. Insurance has been paid in advance for the year on January 1. Calculate total budgeted cash payments for selling and administrative expenses for the month of April.

The Chesapeake Oyster Company completed the flexible budget analysis for the second quarter, which is given below.

	Actual Results	Flexible Budget Variance		Flexible Budget	Sales Volume Variance		Static Budget
Units	12,840	0		12,840	1,040	F	11,800
Sales Revenue	$62,700	$2,588	U	$65,288	$5,288	F	$60,000
Variable Costs	27,530	22	U	27,508	$2,228	U	25,280
Contribution Margin	$35,170	$2,610	U	$37,780	$3,060	F	$34,720
Fixed Costs	34,240	180	U	34,060	$0		34,060
Operating Income/(Loss)	$930	$2,790	U	$3,720	$3,060	F	$660

Which of the following statements would be a correct factor to explain the flexible budget variance for sales revenue?

Paxton Company has budgeted production of

51,500

units for the month of December. Variable overhead per unit is

$15.

Fixed monthly overhead costs are

$12,000

for depreciation expense,

$7,000

for factory rent, and

$4,000

for supervisor's salary. What is the total budgeted manufacturing overhead costs for the month of December?

Jackson Furniture Company provided the following manufacturing costs for the month of June:

Direct labor costs	$180,000
Direct materials costs	60,000
Equipment depreciation (straightline)	21,000
Factory insurance	10,400
Factory manager's salary	10,800
Janitor's salary	14,100
Packaging costs	18,300
Property taxes on the factory	16,400

From the above information, calculate Jackson's total fixed costs.