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?