Question: Direct Materials (in $'s): Total Cost for Your Direct Material Number 1 $8,241 Total Cost for Your Direct Material Number 2 $4,945 Total Cost for

 Direct Materials (in $'s): Total Cost for Your Direct Material Number 1 $8,241 

Total Cost for Your Direct Material Number 2 $4,945

Total Cost for Your Direct Material Number 3 $3,296

Total Direct Materials (in $'s) $ 16,482

Direct Labor (in $'s) $ 13241

Variable Factory Overhead (in $'s)

Total Cost for Your F/O Number 1 $ 16,482

Total Cost for Your F/O Number 2 $ 18,241

Total Factory Overhead (in $'s) $ 34,723

Cost of Goods Manufactured 64446

(No Beg or End D/M or WIP Inventories) Sales Price Per Unit $1,177 Units Sold 100 Total Sales in $'s $117,700

Fixed Cost $25,000

WITH THE ABOVE DATA SOLVE THE FOLLOWING QUESTIONS REGARDING YOUR PRODUCT:

1)What is your Product's Operating income?

2)What is your Product's Contribution Margin per unit?

3)What is your Product's Contribution Margin percent?

4)How Many Units Would Have to be Sold to break even?

5)How Many Units Would Have to be Sold to Yield aTarget Operating Income of $30,000?

6)USING YOUR OPERATING INCOME IN CELL C38, What is your Product's Planned Net Income Assuming a Tax Rate of 30%?

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