Scott Company's variable expenses are 72% of sales. The company's break-even point in dollar sales is $2,450,000.
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Scott Company's variable expenses are 72% of sales. The company's break-even point in dollar sales is $2,450,000. If sales are $60,000 below the break-even point, the company would report a a)$43,200 loss b) $60,000 loss c) $16,800 loss d) cannot be determined from the data given. 2. Vandinter Corporation produces and sells a single product. Data concerning that product appear below: selling price: $160.00 variable expense per unit:$32 fixed expense per month:$536,320 The break-even in monthly unit sales is closest to a) 8,101 b) 3,352 c) 4,190 d) 16,760 3. Shun Corporation manufactures and sells a hand held calculator. The following information relates to Shun's operations for last year: unit product cost under variable costing: $5.20 per unit fixed manufacturing overhead cost for the year: $260,000 fixed selling and administrative cost for the year: $180,000 units (calculators) produced and sold: $400,000 What is Shun's unit product cost under absorption costing for last year? Higgins Company sells three products, Product A, Product B, and Product C. Sales during June totaled $1,500,000 in the company. The company's overall contribution margin ratio was 38%, and its fixed expenses totaled $525,000 for the year. The variable expenses were: Product A, $450,000; Product B, $270,000; and Product C,? Swifton Company produces a single product. Last year, the company had net operating income of $40,000 using variable costing. Beginning and ending inventories were 22,000 and 27,000 units, respectively. If the fixed manufacturing overhead cost was $3.00 per unit, what was the income using absorption costing?
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0131495388
12th edition
Authors: Charles T. Horngren, Srikant M. Datar, George Foster
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