The jonas company sells its razors at $3 per unit.The company incurs fixed manufacturing overhead cost of $720,000 each year to support production of 1,800,000 so that the fixed manufacturing overhead cost per unit equals 0.40. The following data are related to its first 2 years of operation, all numbers are in thousands:

2012 2013

sales 1,100 units 1,200 units

production 1,800 units 1,100 units

cost

variable manufacturing $720 $440

fixed manufacturing 720 720

variable operating(marketing) 1,300 1,200

fixed operating marketing 750 750

find each of the following:

beginnig of inventory

variable cost of good manufatured

cost of goods available for sale

Deduct: Ending inventory

Variable cost of goods sold

Variable operating costs

Total variable costs

Contribution margin

Fixed costs

Fixed manufacturing costs

Fixed operating costs

Total fixed costs

operating income / (loss)

Please leave it empty if you dont provide full accurate answar.

Thank you

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