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Question 1: The following information is available for Singh is King Inc. April 1 April 30 Raw materials inventory $10,300 $15,000 Work in process inventory

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Question 1: The following information is available for Singh is King Inc. April 1 April 30 Raw materials inventory $10,300 $15,000 Work in process inventory 5,000 2,700 Materials purchased in April $ 96,000 Direct labor in April l($2,000 Manufacturing overhead in April 182,000 Prepare the cost of goods manufactured schedule for the month of April. [6 Marks] Question 2: Alberta Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $200,000 and variable costs to be $20 per unit. a. Calculate the breakeven point in dollars. [2 Mark] b. Calculate the sales dollar required to earn operating income of $120,000. [2 Mark] Question 3: Trump Manufacturing produces and sells water filtration systems for homeowners. Information regarding its three models is shown below. Basic Basic Plus Premium Total Units sold 840 350 210 1,400 Selling price $250 $400 $800 Variable cost $160 $250 $570 The company's total fixed costs to produce the filtration systems are $160,000. a. Determine the overall breakeven point for the company in sales dollars. [4 Marks] b. Determine the total number of units the company must produce to break even. [4 Marks] c. Determine the number of units of each model that the company must produce to break even. [2 Marks}

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