Question
Sunland Corp. had total variable costs of $193,800, total fixed costs of $133,300, and total revenues of $340,000. Compute the required sales in dollars to
Sunland Corp. had total variable costs of $193,800, total fixed costs of $133,300, and total revenues of $340,000. Compute the required sales in dollars to break even.
| Required sales | $ |
Amanda Company reports the following total costs at two levels of production. Classify each cost as variable, fixed, or mixed.
| 5,000 Units | 10,000 Units | |||||
| Indirect labor | $ 3,000 | $ 6,000 | Fixed CostsMixed CostsVariable Costs | |||
| Property taxes | 7,000 | 7,000 | Fixed CostsMixed CostsVariable Costs | |||
| Direct labor | 28,000 | 56,000 | Fixed CostsMixed CostsVariable Costs | |||
| Direct materials | 22,000 | 44,000 | Fixed CostsMixed CostsVariable Costs | |||
| Depreciation | 4,000 | 4,000 | Fixed CostsMixed CostsVariable Costs | |||
| Utilities | 5,000 | 8,000 | Fixed CostsMixed CostsVariable Costs | |||
| Maintenance | 9,000 | 11,000 | Fixed CostsMixed CostsVariable Costs |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Survey Of Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt
2nd Edition
1119594537, 978-1119594536
