Question
QUESTIONS 1- Randy tireland makes a product that sells for $74 per unit and has $45 per unit in variable costs. Annual fixed cost are
QUESTIONS
1- Randy tireland makes a product that sells for $74 per unit and has $45 per unit in variable costs. Annual fixed cost are $24000. If Rambles sells 10 units less than breakeven, how much loss would the company recognize on its income statement? (as the question asks " how much loss" Don't have to put the negative sign.
Round to two decimal places
2- Ritz Furniture has a contribution margin ratio of 0.10. If fixed cost are $160,500, how many dollar of revenue must the company generate in order to reach the break-even point?
3- U.S Telephone cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10% (based on the unit sales price per phone) . Fixed manufacturing cost total $1,250 per month, while fixed selling and administrative costs total $2,490. How many phones must be sold to achieve the breakeven point?
Round to two decimal places.
4-Product A has a contribution margin per unit of $500 and required 2 hours of machine time. Production B has a contribution margin per unit of $1,000 and requires 5 hours of machine time . How much of each production should be produced given there are 100 hours of available machine time?
5-Abagail Corp. use activity-based costing system with three activity cost pools. The following information is provided:
Costs: Wages and salaries $ 202,000
Depreciation 115,000
Utilities 120,000
Activity cost pools
Assembly setting Up Other
Wages and salaries 0.54 30% 10%
Depreciation 0.33 45% 20%
Utilities 0.28 40% 30%
Activity cost pools
Assembly setting Up Other
Wages and salaries 0.54 30% 10%
Depreciation 0.33 45% 20%
Utilities 0,28 40% 30%
How much total cost would be allocated to the Assembly activity cost pool?
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