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The Night & Day Guitar company is a manufacturer of custom guitars. The selling price for one of their guitars is $1,058 with direct materials
The Night & Day Guitar company is a manufacturer of custom guitars. The selling price for one of their guitars is $1,058 with direct materials and direct labor costing $252 and $437 per guitar respectively. The fixed manufacturing costs for the Night & Day Guitar company are $8,332 and the variable overhead is $32 per unit. The fixed and variable selling expenses are $1,951 and $62 per guitar respectively. The variable shipping costs per guitar are $92. Remaining fixed period costs are $1,336. During the period, Night and Day sold 102 guitars. What is the net operating income of the Night and Day company for the period? Your answer should be to the whole dollar? A loss should be entered as a negative number. The Night & Day Guitar company is a manufacturer of custom guitars. The selling price for one of their guitars is $1,097 with direct materials and direct labor costing $247 and $376 per guitar respectively. The fixed manufacturing costs for the Night & Day Guitar company are $8,953 and the variable overhead is $36 per unit. The fixed and variable selling expenses are $1,505 and $58 per guitar respectively. The variable shipping costs per guitar are $146. Remaining fixed period costs are $1,457. During the period, Night and Day sold 107 guitars. What is the contribution margin ratio for the Night and Day Company? Your answer should be entered as a whole number to two decimal places, ie. 22.55% would be entered as 22.55. The Night & Day Guitar company is a manufacturer of custom guitars. The selling price for one of their guitars is $1,082 with direct materials and direct labor costing $231 and $274 per guitar respectively. The fixed manufacturing costs for the Night & Day Guitar company are $8,032 and the variable overhead is $34 per unit. The fixed and variable selling expenses are $1,818 and $57 per guitar respectively. The variable shipping costs per guitar are $84. Remaining fixed period costs are $1,266. During the period, Night and Day sold 105 guitars. What was the break even sales point in guitars for the Night and Day company during the period? Round your answer to one decimal place
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