Subject: MANAGERIAL ACCOUNTING Note: Please Write from a Computer or Laptop

Problem2. Iron Manufactures decorative iron railings. In Preparing for next year's operations, management has developed the following estimates: t 2 le Total $ 1,000,000+ $ 200,000- $ 50,000+ Per Unit $ 502 $ 10+ $ 2.50+ le + Sales (20,000 units) Direct Materials Direct Labor (variable) Manufacturing Overhead: Variable Fixed- Selling & Administrative: Variable- Fixede le $ 70,000 $ 80,000+ $ 3.50+ $ 42 le 12 le $ 100,000 $ 30,000- $ 52 $ 1.50- Required: 1- Unit contribution margin- 2- Contribution margin ratio- 3- Break - even in dollar sales 4- Break even in unit sales 5- Margin of safety percentage- 6- Margin of safety in amount- 7. If the net income is $ 670,000, what is the degree of the operating leverage