Question: FirstClass Gaming Inc. manufactures components for computer games within a relevant range of 88,400 to 142,800 components per year. Within this range, the following partially


FirstClass Gaming Inc. manufactures components for computer games within a relevant range of 88,400 to 142,800 components per year. Within this range, the following partially completed manufacturing cost schedule has been prepared Components produced 88,400 109,200 142,800 Total costs: Total variable costs $33,592 (d) (j) Total fixed costs 37,128 (e) ( K ) Total costs $70,720 (f) (1) Cost per unit: Variable cost per unit (a) (g) (m) Fixed cost per unit (b ) (h ) ( n ) Total cost per unit (c) (i) (0) Complete the cost schedule below. Round costs per unit to the nearest cent. Cost Schedule Components produced 88,400 109,200 142,800 Total costs: Total variable costs $33,592 Total fixed costs 37,128 Total costs $70,720 E Cost per unit: Variable cost per unit Fixed cost per unit Total cost per unit EContribLtipn Margin and Contributipr I'v'largir Ratio For a recent year, McDooley's, a family-owned group of restaurants, had the following sales and expenses: Sales for all restaurants $318,000 Food and paper 5125,?60 Payroll and employee benefits 76,100 Occupancy and other expenses 27,?20 Selling, general, and administrative expenses 43,900 Other operating expenses 19,030 Net operating expenses {292,560} Operating income (loss) 525,440 Assume that the variable costs consist of food and paper, payroll and employee benets, and 40% of the selling, general, and administrative expenses. a. What is McDooley's contribution margin? 5 H b. What is McDooley's contribution margin ratio? Round your percentage answer to one decimal place. \"fa U 1:. HOW much would operating income increase if the stores sales increased by $6,400 for the coming year, with no change in the contribution margin ratio or fixed costs? 5 H d. What would have been the operating income or loss for the recent year if sales had been 56,400 more? 5 U
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