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Runzheimer International manufactures high quality auto parts. For the fiscal year ended September 30, 2019 the company produced and sold 200.000 units of product and
Runzheimer International manufactures high quality auto parts. For the fiscal year ended September 30, 2019 the company produced and sold 200.000 units of product and presented the following additional Information about its products: Sales price $95 per unit Fixed cost of goods sold $750,000 Variable cost of goods sold $48 per unit Fixed selling expense $450,000 Variable selling expense 20% of sales Fixed administrative $200,000 price expense Variable administrative $12.00 per unit expense Instructions taj Prepare a cost-volume-profit income statement using the contribution margin format for Runzheimer International for the fiscal 2019. (6 marks b) By using the contribution margin technique, compute the company's break-even point in units in 2019. (4 marks) c) Compute the company's margin of safety in collars in 20197 (2 marks) Parera Runzheimer International manufactures high quality auto parts. For the fiscal year ended September 30, 2019 the company produced and sold 200.000 units of product and presented the following additional Information about its products: Sales price $95 per unit Fixed cost of goods sold $750,000 Variable cost of goods sold $48 per unit Fixed selling expense $450,000 Variable selling expense 20% of sales Fixed administrative $200,000 price expense Variable administrative $12.00 per unit expense Instructions taj Prepare a cost-volume-profit income statement using the contribution margin format for Runzheimer International for the fiscal 2019. (6 marks b) By using the contribution margin technique, compute the company's break-even point in units in 2019. (4 marks) c) Compute the company's margin of safety in collars in 20197 (2 marks) Parera
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