1. Given the information below. Selling Price: $43.00 Fixed Cost: $450,000.00 Direct Materials: $11.50 Direct Labor: $13.00...
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Question:
1. Given the information below.
Selling Price: $43.00
Fixed Cost: $450,000.00
Direct Materials: $11.50
Direct Labor: $13.00
a.What is the variable cost?Enter you answer with 2 decimal places
b.What is the contribution margin?Enter you answer with 2 decimal places
c.What is the breakeven point in units?Roundup to a whole number
d.What is the number of units needed to earn a profit of $500,000.00?Roundup to a whole number
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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