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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