Question 2: Case A Jenna Manufacturers produces flooring material. The monthly fixed costs are $10,000 per month. The unit selling price is $75 and variable cost per unit is $35. Jenna wishes to earn an operating income of $25,000 Required Calculate the total revenue and number of units required to earn the targeted operating income Question 2: Case B Gould Enterprises sells computer disks for $1.50 per disk. Unit variable expenses total $0.90 and foed costs are $1,800. The expected sales in units are 4,300. Required 1. What is the margin of safety in units and dollars 2- What does the margin of safety mean and why is it important? Question 2: Case C Jackson Company has provided the following information regarding the two products that it sells: Ski Boats Sales price per unit $8,000 $20,000 Variable cost per unit $4,800 $14,000 Jet Boats Annual fixed costs are $280,000. Required 1. How many units of Jet Boats and Ski Boats must be sold in order for Jackson to breakeven, assuming that Jackson sells five jet boats for every two ski boats sold? 2- What is the total revenue amount required for Jackson Company to breakeven? Question 2: Case D Lightfoot Company sells its product for $55 and has variable costs of $30 per unit. The total fixed costs are $25,000 Required What will be the effect on the breakeven point in units if variable costs increase by $5 due to an increase in the cost of direct materials? Question 2: Case E The phone bill for an accounting firm consists of both fixed and variable costs. Refer to the 4-month data below and apply the high-low method to answer the question. (Round your intermediate calculations to two decimal places) Minutes Total Bill 460 $3,000 200 $2,675 1160 $2,625 300 $2,800 January February March April I Required: 1- What is the variable cost per unit 2. What is the fixed portion of total cost 3. What would the total bill be if 400 minutes were used