Units Manufactured 100

Direct Materials (in $'s):

Total Cost for Your Direct Material Number 1 $24,441

Total Cost for Your Direct Material Number 2 $14,665

Total Cost for Your Direct Material Number 3 $9,776

Total Direct Materials (in $'s) $48,882

Direct Labor (in $'s) $29,441

Variable Factory Overhead (in $'s)

Total Cost for Your F/O Number 1 $48,882

Total Cost for Your F/O Number 2 $34,441

Total Factory Overhead (in $'s) $83,323

Cost of Goods Manufactured $161,646

(No Beg or End D/M or WIP Inventories)

Sales Price Per Unit $3,492

Units Sold 100

Total Sales in $'s $349,200

Fixed Cost $25,000

WITH THE ABOVE DATA SOLVE THE FOLLOWING QUESTIONS REGARDING YOUR PRODUCT:

1) What is your Product's Operating income?

2) What is your Product's Contribution Margin per unit?

3) What is your Product's Contribution Margin percent?

4) How Many Units Would Have to be Sold to break even?

5) How Many Units Would Have to be Sold to Yield a Target Operating Income of $30,000?

6) USING YOUR OPERATING INCOME YOU CALCULATED IN NO. 1 ABOVE, What is your Product's Planned Net Income Assuming a Tax Rate of 30%?

Show formulas/calculations please