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Use you class notes and textbook to answer the following information for Part 1 Use the information in the table provided by Henderson Corporation to
Use you class notes and textbook to answer the following information for Part 1 Use the information in the table provided by Henderson Corporation to answer the below questions You must type in your calculations to receive credit. Check figures have been provided separately in the Extra Credit folder in Bb. Units Produced and Sold 10,000 Sales Price per unit Indirect materials $90 $7,000 $25.000 Administrative wages Direct materials $54,000 Sales staff salaries $28,000 Fixed manufacturing overhead $22.000 Corporate headquarters building rent $15,000 Indirect labor wages $18,000 Advertising costs (fixed) Direct labor Provide answers to the following. Number your responses and remember to show your calculations to receive credit 1. Variable cost per unit sold 2 Total variable cost 3. Fixed manufacturing cost per unit 4. Total period costs 5. Total product/manufacturing costs 6. Total product/manufacturing cost per unit 7. Determine total conversion costs 8. Determine total prime costs 9. Determine contribution margin. 10 Determine gross margin. 11. Determine net operating income. 12 Determine contribution margin per unit. 13. Determine contribution margin ratio. 14. Determine variable cost ratio. 15. Determine breakeven in sales dollars 16. Determine breakeven in und sales. 17 Determine sales needed to earn a target profit is $10,000 18. Determine number of units needed to earn a target profit of $15,000 $5,000 $35,000 19. Determine margin of safety in dollars and as a percentage 20 Determine margin of safety in units 21. Determine margin of safety as a percentage you will need to complete Part 2, the survey. The link can be found in the Extra Credit folder entitled "Comprehensive Assignment-Survey."
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