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RICUS De given in a month. P20-2A Jewelz Boxz Inc. is a small company that manufactures oak jewellery boxes that are distributed through fine gift

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RICUS De given in a month. P20-2A Jewelz Boxz Inc. is a small company that manufactures oak jewellery boxes that are distributed through fine gift stores. The company's income statements for the last four months are shown below: June July Sales in units August 240 September 205 Sales revenue 255 $24,000 Cost of goods sold $20,500 13,200 $25,500 $29,500 11,275 Gross profit 14,025 10.800 Operating expense 9,225 11,475 13,275 Salaries and wages expense 2,960 2,820 Insurance expenses 3,020 200 3,180 Shipping expense 1,440 200 200 1.230 Office expenses 179 1,530 158 1.770 Total operating expenses 4.779 188 212 4,408 Income from operation $ 6,021 4,938 $ 4,817 5,362 $ 6,537 $ 7,913 16.225 200 Instructions (a) Identify each of the com Identity ca Problems: Set A CHAPTER 20 (b) Calculate the cost per unit for each of per unit for each of the variable expenses. l cung cost of goods sold) as being variable, fixed, or mixed. high-low method, determine the variable cost per unit and the fixed cost component for each of the (c) Using the high-low metho mixed costs. the manager expects to sell 320 jewellery boxes in October. Using the cost information determined above. repare a CVP income statement up to income from operations for October. (Show expense items individually.) TAKING IT FURTHER "The concent

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