Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You will get a high rating if you can answer within the next hour. thank you. 4 (14 Points) The following budget information is relative
You will get a high rating if you can answer within the next hour. thank you.
4 (14 Points) The following budget information is relative to Patriots, Inc: Total Material costs $175.000 Total Labor costs Sales price per unit $15 Office Rent expense $30,000 Fixed Administrative expense $25,000 Total fixed manuf. O/H $160,000 $200,000 $250,000 Total Variable manut. O/H Total budgeted/actual units 50,000 a) What is contribution margin per unit? b) For the year, what is break-even in units? c) for the year, what is break-even in sales dollars? (Show calculation, do not just multiply units x $) d) If the company is to earn $175,000 for the year, what number of units must be soldStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started