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PLEASE ANSWER THE FOLLOWING QUESTIONS: Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,833,520. The unit selling price, variable cost per unit,
PLEASE ANSWER THE FOLLOWING QUESTIONS:
Sales Mix and Break-Even Analysis Megan Company has fixed costs of $1,833,520. The unit selling price, variable cost per unit, and contribution margin per unit for the company's two products are provided below. Product Selling Price Variable Cost per Unit Contribution Margin per Unit Model 94 $950 $400 $550 Model 81 680 500 180 The sales mix for products Model 94 and Model 81 is 40% and 60%, respectively. Determine the break-even point in units of Model 94 and Model 81 of the overall (total) product, E. If required, round your answers to the nearest whole number. a. Product Model 94 units b. Product Model 81 units Margin of Safety The Spector Company has sales of $500,000, and the break-even point in sales dollars is $405,000. Determine the company's margin of safety as a percent of current sales. % Relevant Range and Fixed and Variable Costs Vogel Inc. manufactures memory chips for electronic toys within a relevant range of 72,000 to 114,000 memory chips per year. Within this range, the following partially completed manufacturing cost schedule has been prepared: Complete the cost schedule below. When computing the cost per unit, round to two decimal places. Round all other values to the nearest dollar. Memory chips produced 72,000 91,200 114,000 Total costs: Total variable costs $24,480 d. $ j. $ Total fixed costs 27,360 e. k. Total costs $51,840 f. $ I. $ Cost per unit Variable cost per unit Fixed cost per unit III IN III II a. $ g. $ m. $ b. h. n. Total cost per unit C. $ i. $ o. $
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