Victorian Corporation has provided the following data concerning its only product: (10 marks) Sales (30,000 units)...

 

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Victorian Corporation has provided the following data concerning its only product: (10 marks) Sales (30,000 units) Direct Materials Direct Labor (variable) Manufacturing Overhead: Variable Fixed Selling & Administrative: Variable Fixed Solve for: Total $1,500,000 250,000 50,000 65,000 80,000 150,000 40,000 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) The Margin of Safety in unit. (3 Marks) D. Per Unit $50 10 5 5 5 19 10 1.5 Victorian Corporation has provided the following data concerning its only product: (10 marks) Sales (30,000 units) Direct Materials Direct Labor (variable) Manufacturing Overhead: Variable Fixed Selling & Administrative: Variable Fixed Solve for: Total $1,500,000 250,000 50,000 65,000 80,000 150,000 40,000 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) The Margin of Safety in unit. (3 Marks) D. Per Unit $50 10 5 5 5 19 10 1.5

Answer rating: 100% (QA)

Answer Answer A Computation of Contribution margin units Selling price per unit 5000 Less Variable c... View the full answer