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The following monthly data are available for Waterway Industries, which produces only one product: Selling price per unit, $54; Unit variable expenses, $14, Totalfixed expenses,
The following monthly data are available for Waterway Industries, which produces only one product: Selling price per unit, $54; Unit variable expenses, $14, Totalfixed expenses, $42000; Actual sales for the month of June, 2000 units. How much is the margin of safety for the company for June? $1050 $51300 $84000 542000 Crane Company Incurs the following costs to produce 8500 units of a subcomponent: Direct materials Direct labor Variable overhead Fixed overhead $7140 9605 10710 16200 An outside supplier has offered to sell Crane the subcomponent for $2.85 a unit. If Crane could avoid $3000 of fixed overhead by accepting the offer, net income would increase (decrease) by $230. $6230. $(5465). $(740) Marigold Corp. reported the following information for the current year: Sales (35000 unit) $700000, direct materials and direct labs $350000, other variable costs $35000, and fixed costs $360000. What is Marigold's contribution margin ratio? 55% 76% 24% Click if you would like to show Work for this questioni Doen Show Work The following credit sales are budgeted by Bonita Industries: January $134000 February 250000 March 360000 April 260000 The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale 20% in the month following the sale, and 8% in the second month following the sale. The anticipated cash inflow for the month of Apreis $258800 $274000. 5312720 5254000 Sheridan Company sells radios for $50 per unit. The fixed costs are $445000 and the variable costs are 60% of the selling price. As a result of new automated equipment, it is anticipated that fixed costs will increase by $65000 and variable costs will be 50% of the selling price. The new break even point in units is: 20400 22250 18550 17800
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