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The following costs were incurred in the production and sale of lawn mowers: Premiums on insurance policy for factory buildings Gasoline engines used for lawn

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The following costs were incurred in the production and sale of lawn mowers: Premiums on insurance policy for factory buildings Gasoline engines used for lawn mowers Salary of factory supervisor Tires for lawn mowers Lease on machines at $4,000 per month and $ 1,00 per hour based on hours used Straight-line depreciation on robotic machinery used in manufacturing Steel used in producing the lawn mowers Electricity at the rate of $ 75 per KWH used to run the robotic equipment Property taxes for $ 30,000 per year on the factory building and equipment Hourly wages of machine operators involved in production Maintenance costs for new robotic factory equipment Commissions paid to sales representatives. Classify each cost as either a fixed, variable, or mixed cost using the following abbreviations: Variable cost V Fixed cost F Mixed cost M Adams Corporation has identified its fixed costs at an annual level of $ 200,000 Additionally, its sales price per unit is $20 and its variable costs per unit are $ 8. Compute the break even point in sales units Compute the break even point in sales dollars Using the attached financial statements of Optical Solutions, calculate the following financial statement ratios for the year 2010. Round your answer to the nearest two digits after the decimal point. Earnings per common share Price earning ratio-marks price of the stock is $40 per share Johnson Container decided to u se the high-low method and operating data from the last five months to estimate the total cost and the fixed and variable components of total cost. The activity base used by Johnson Container is a measure of the number of units produced. Determine the variable cost per unit and the fixed cost

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