Question: Luuu,uu Data Section: Fixed Variable Production costs: Direct materials $2.30 Direct labor 4.70 Factory overhead $225,000 3.00 Selling expenses: Sales salaries & commissions 97,000 0.75

Luuu,uu Data Section: Fixed Variable Production costs: Direct materials $2.30 Direct labor 4.70 Factory overhead $225,000 3.00 Selling expenses: Sales salaries & commissions 97,000 0.75 Advertising 47,500 Miscellaneous selling expense 16,200 General expenses: Office salaries 92,000 Supplies 12,300 0.25 Miscellaneous general expense 15,000 Total FORMULA1 FORMULA2 Additional information: Selling price per unit $16.00 Expected unit sales 120,000 Target profit $20,000 Answer Section: Contribution margin per unit FORMULA3 Contribution margin (Total) FORMULA4 Contribution margin ratio FORMULAS Break-even point in units FORMULAG Break-even point in sales dollars FORMULA7 Target profit (Unit sales needed) FORMULAS Target profit (Dollar sales needed) FORMULAS Total revenue at expected unit sales FORMULA10 Net income at expected unit sales FORMULA11 Margin of safety as a percentage of sales FORMULA12

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