Question: Oriole Corp. has collected the following data concerning its maintenance costs for the past 6 months. (a1) Your answer is torrect. Compute the variable cost

Oriole Corp. has collected the following data concerning its maintenance costs for the past 6 months. (a1) Your answer is torrect. Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, eg. 2.25.) Variable cost per unit (a2) Compute the fixed cost elements using the high-low method. Fixed costs $ Cullumber Company estimates that variable costs will be 56.00% of sales, and fixed costs will total $677,600. The selling price of the product is $5. (a) Your answer is correct. Compute the break-even point in (1) units and (2) dollars. (1) Break-evensales units (2) Break-evensales $ (c) Assuming actual sales are, $2,000,000, compute the margin of safety in (1) dollars and (2) as a ratio. (1) Margin of safety (2) Margin of safety ratio % The Crane Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents at $60 a night. Operating costs are as follows: (a) Determine the inn's break-even point in number of rented rooms per month. Break-even point rooms
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