What's the problem? The president wanted to know the break-even point for each of the company's products, but I am having trouble figuring them out." I'm sure you can handle it. Susan. And, by the way, I need your analysis on my desk tomorrow morning at a 00 sharp in time for the follow-up meeting at 9:00." Jewel Clasps Corporation makes three different types of Jewelry clasps in its manufacturing facility in North Carolina. Data concerning these products appear below. Silver Copper Gold 113.000 HO TO 192,000 Annual sales Volume Unit selling price Variable expense PER 190 $1.29 0.90 $0.60 Total fixed expenses are $271.000 per year. A three products are sold in highly competitive markets, so the company is unable to raise prices without losing an unacceptable numbers of customers The company nas an extremely effective lean production system. so there are no beginning or ending work in process or shed goods inventores "Tip To answer the questions below, it will be most helpful is you prepare segmented income statements as ilustrated in your textbook Required: What is the company's over a break-even point in dollar sales? 2. or the total fixed expenses of 5271.000, 527,300 could be avoided if the cold product is dropped $96.000 the Silver products dropped, and 599.000 if the Copper product is dropped the remaining red expenses of 548700 consist of common foxed expenses such as administrative Sales and rent on the factory building that could be avoided only by going out of business entirety was the break even point in unit se fait enchido ? the company is exact the oven g r aach product wat be the overall profit of the company -_________ o o o KM MC: Should a company allocate common fixed expenses Which of the following statements is true? There may be more than one answer Possible answers 1 A segments contribution margin minus is traceable fixed expenses equals the segment margin 2. Allocating a portion of common foued costs to a segments real costs may make an otherwise profitable segment appear to be unprofitable. 3. A company's common fixed costs should be evenly allocated to business segments when computing the dollar sales for a segment to break break even 4. A segments traceable fixed costs should include only those costs that will disappear over time if the segment disappears. Multiple Choice 0 The true statements are: 1, 2, and 44 0 The true statements are: 11, 12, 13, and 4 0 The true statements are: 1 and 12 O The the statements are: 11, 12, and 13. KM MC Types of Fixed Costs Every period. Jewel Clasps Incurs a number of different fixed costs, some of which are listed here: 1. The salary of the Silver product line manager 2. Salaries of the CEO and CFO 2 3. Rent on the corporate headquarters 4. Fees paid to advertise an anti-tarnish kit that can be purchased with copper clasps 5. Straight-line depreciation on the machine used to plate the Gold clasps with a special alloy Which of the costs above are traceable to one of Jewel's product lines? Select the best answer Multiple Choice O #1, #4, and 5 are traceable foed costs with respect to a product the #2& 3 are traceable fixed costs with respect to a produc O #1,826 84, and 85 are traceable Tixed costs with respect to a product line. O sa ang #5 are traceabie fixed costs with respect to a product in