Question: Help Save & Exit A company makes a single product that it sells for $16 per unit. Fixed costs are $76,800 per month and the

 Help Save & Exit A company makes a single product that
it sells for $16 per unit. Fixed costs are $76,800 per month
and the product has a contribution margin ratio of 40%. If the

Help Save & Exit A company makes a single product that it sells for $16 per unit. Fixed costs are $76,800 per month and the product has a contribution margin ratio of 40%. If the company's actual sales are $224,000, its margin of safety is: Multiple Choice $32,000 $96,000 $128,000 $192,000 Assume (1) estimated fixed manufacturing overhead for the coming period of $201.000,(2) estimated variable manufacturing overhead of $2.00 per direct labor hour. (3) actual manufacturing overhead for the period of $320,000, (4) actual direct labor hours worked of 54,000 hours, and (5) estimate direct labor-hours to be worked in the coming period of 55,000 hours. The predetermined plantwide overhead rate for the period is closest to: Multiple Choice $5.82 $5.72 $5.93 $5.65 At an activity level of 9,900 machine-hours in a month, Falks Corporation's total variable production engineering cost is $882,090 and its total fixed production engineering cost is $196,000. What would be the total production engineering cost per machine-hour, both fixed and variable, at an activity level of 10,000 machine-hours in a month? Assume that this level of activity is within the relevant range. (Round Intermediate calculations to 2 decimal places.) Multiple Choice $107.81 $108.90 $108.70 $108.82

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!