Question: 1. Solve for the unknown variables (identified with a ?) based on the information provided: Total Fixed Cost = ? Total Variable Cost = $94,050
1. Solve for the unknown variables (identified with a ?) based on the information provided:
Total Fixed Cost = ?
Total Variable Cost = $94,050
Unit Variable Cost = $75.24
Selling Price = ?
Total Revenue = ?
Level of Output = 1, 250
Net Income = -19,500
Contribution Rate = 38%
Unit Contribution Margin = ?
2. In the current period, Blue Mountain Packers in Salmon Arm, British Columbia, had fixed costs of $228,000 and a total cost of $900,000 while maintaining a level of output of 6,720 units. Next period sales are projected to rise by 20%. What total cost should Blue Mountain Packers project?
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