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Problem 2 (44 points) Bronze Products has presented the following information for the past eight months' production and sales cost: Month April May June July
Problem 2 (44 points) Bronze Products has presented the following information for the past eight months' production and sales cost: Month April May June July August September October November Units 8,000 6,400 3,800 5,600 7,000 8,400 7,800 6.800 Total Cost $30,400 $25.800 $18,300 $23,200 $26,000 $29,800 $26,500 $25,700 a. (12 points) Using the high-low method, calculate the fixed cost per month and variable cost per unit. b. (8 points) Bronze Products is budgeting for December right now and plans to produce and sell 5,000 units at $7.50. Please construct a contribution margin income statement for Bronze. c. (8 points) What is Bronze's breakeven point in units? What is Bronze's breakeven point in Dollars? d. (8 points) In December, what is Bronze's margin of safety measured in dollars? What is Bronze's margin of safety measured in percentage? e. (4 points) What is Bronze's operating leverage in December? f. (4 points) If the actual sales in December turns out to be 30% more than predicted, what is the actual profit
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