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Question
Use the following information to determine the break-even point in sales dollars:Unit sales"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6 50,000 Units
Dollar sales $500,000
Fixed costs $204,000
Variable costs $187,500
A.$ 88,500.
B.$108,500.
C.$173,600.
D.$326,400.
E.$500,000.
Answer
This answer is hidden. It contains 107 characters.
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Direct labor X X
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Variable manufacturing overhead
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Direct materials
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Match the following
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Direct materials $3 per unit
Overhead
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Total fixed overhead $85,000
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Q:
Tim's Tools, a manufacturer of cordless drills, began operations this year. During this year, the company produced 20,000 units and sold 18,000 units. At year-end the company reported the following income statement using absorption costing:
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Cost of goods sold (18,000 $14) 252,000
Gross margin $288,000
Selling and administrative expenses 90,000
Net income $198,000
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Direct labor $2.50 per unit
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Q:
What is the Red and White's contribution margin for this month if 980 units were sold?
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C. $24,500
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E. $21,560
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Given the Cool Pools Company data, what is net income using absorption costing?
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B. $1,648,600
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E. $1,708,600
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Given the Scavenger Company data, what is net income using variable costing?
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D. $177,600
E. $276,250
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Given the Galaxy, Inc. data, what is net income using absorption costing?
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E. $16,220,000