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Victorian Corporation has provided the following data concerning its only product: (10 marks) Total $ 1,500,000 250,000 50,000 Sales (30,000 units) Direct Materials Direct Labor
Victorian Corporation has provided the following data concerning its only product: (10 marks) Total $ 1,500,000 250,000 50,000 Sales (30,000 units) Direct Materials Direct Labor (variable) Manufacturing Overhead: Variable Fixed Selling & Administrative: Variable Fixed Per Unit $50 10 5 65,000 80,000 5 5 150,000 40,000 10 1.5 Solve for: A. The Contribution Margin in Units and Ratio. (2 Marks) B. The Break-even in Dollars and in units. (2 Marks) Evaluate: C. The Margin of Safety in Percentage (3 Marks) D. The Margin of Safety in unit
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