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Question 12 YUX Corporation sells a single product for $60. Its management estimates the following revenues and costs for the year 2020: Net sales Direct
Question 12 YUX Corporation sells a single product for $60. Its management estimates the following revenues and costs for the year 2020: Net sales Direct materials Direct labour Manufacturing overhead-variable Manufacturing overhead-fixed $636,000 13,400 63,300 19,300 73,756 Selling expenses,variable Selling expenses-fixed Administrative expenses-variable Administrative expenses-fixed $ 21,900 20,500 9,300 10,000 Assuming fixed costs and net sales are spread evenly throughout the year, determine YUX's monthly break-even point in units and dollars. (Round answers to o decimal places, e.g. 5,275.) Monthly break-even in units units Monthly break-even in dollars $ Calculate the contribution margin ratio, the annual margin of safety ratio, and the annual profit. (Round answers to o decimal places, e.g. 15 or 15%.) Contribution margin ratio % Annual margin of safety ratio % Annual profit Determine the percentage increase in annual profits if YUX Corporation increases its selling price by 20% and all other factors (including demand) remain constant. (Round answer to 2 decimal places, e.g. 15.25%.) Percent increase in profit
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