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please read questions correctly. The Night & Day Guitar company is a manufacturer of custom guitars. The selling price for one of their guitars is
please read questions correctly.
The Night & Day Guitar company is a manufacturer of custom guitars. The selling price for one of their guitars is $1,097 with direct materials and direct labor costing $247 and $376 per guitar respectively. The fixed manufacturing costs for the Night & Day Guitar company are $8,953 and the variable overhead is $36 per unit. The fixed and variable selling expenses are $1,505 and $58 per guitar respectively. The variable shipping costs per guitar are $146. Remaining fixed period costs are $1,457. During the period, Night and Day sold 107 guitars. What is the contribution margin ratio for the Night and Day Company? Your answer should be entered as a whole number to two decimal places, ie, 22.55% would be entered as 22.55. The Night & Day Guitar company is a manufacturer of custom guitars. The selling price for one of their guitars is $981 with direct materials and direct labor costing $232 and $269 per guitar respectively. The fixed manufacturing costs for the Night & Day Guitar company are $8,695 and the variable overhead is $39 per unit. The fixed and variable selling expenses are $1,550 and $81 per guitar respectively. The variable shipping costs per guitar are $102. Remaining fixed period costs are $1,387 If the night and day company want to earn $6,516 during the period, how many guitars does in need to sell? Round you answer to one decimal place. The Night & Day Guitar company is a manufacturer of custom guitars. The selling price for one of their guitars is $981 with direct materials and direct labor costing $232 and $269 per guitar respectively. The fixed manufacturing costs for the Night & Day Guitar company are $8,695 and the variable overhead is $39 per unit. The fixed and variable selling expenses are $1,550 and $81 per guitar respectively. The variable shipping costs per guitar are $102. Remaining fixed period costs are $1,387 If the night and day company want to earn $6,516 during the period, how many guitars does in need to sell? Round you answer to one decimal place Step by Step Solution
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