PLEASE ANSWER ALL 5 !!!!! WILL

Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $856. Selected data for the company's operations last year follow: 0 Units in beginning inventory Units produced Units sold 20,000 18,000 2,000 Units in ending inventory Variable costs per uniti Direct materials Direct labor $ 280 $ 370 $ 52 Variable manufacturing overhead Variable selling and administrative Fixed costs: $ 21 Fixed manufacturing overhead Fixed selling and administrative $ 670,000 $410,000 Required: 1. Assume that the company uses absorption costing Compute the unit product cost for one gamelan. (Round your intermediate calculations and final answer to the nearest whole dollar amount.) 2. Assume that the company uses variable costing. Compute the unit product cost for one gamelan. 1. Absorption costing unit product cost 2 Variable costing unit product cost Ida Company produces a handcrafted musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $950. Selected data for the company's operations last year follow: Units in beginning inventory 0 250 Units produced Units sold 230 20 Units in ending inventory Variable costs per unit: Direct materials Direct labor $125 $ 335 $ 55 Variable manufacturing overhead Variable selling and administrative Fixed costs: $ 30 Fixed manufacturing overhead $ 75,000 Fixed selling and administrative $ 15,000 The absorption costing income statement prepared by the company's accountant for last year appears below: Sales $ 218,500. Cost of goods sold Gross margin 187,450 31,050 21,900 Selling and administrative expense Net operating income. $ 9,150 Required: 1. Under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. Prepare an income statement for last year using variable costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required information Assume that Minneapolis' sales by major market are: Market Sales Variable expenses Contribution margin Minneapolis. $ 351,000 1008 210,600 60% 140,400 40% 38,610 128 101,790 298 17,550 54 $ 84,240 24 Medical $ 234,000 100% 149,760 64% 84,240 36% 14,040 68 $ 31,590 30% Dental $ 117,000 100% 60,840 528 56,160 48% 24,570 21% 278 Traceable fixed expenses office segment margin $ 70,200 ces Common fixed expenses not traceable to offices Net operating income The company would like to initiate an intensive advertising campaign in one of the two market segments during the next month. The campaign would cost $5,850. Marketing studies indicate that such a campaign would increase sales in the Medical market by $46,800 or increase sales in the Dental market by $40,950. Required: 1. How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Medical Market? 2. How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Dental Market? 3. In which of the markets would you recommend that the company focus its advertising campaign? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Medical Market? Piedmont Company segments its business into two regions-North and South. The company prepared the contribution format segmented income statement as shown: North Sales Total Company $ 600,000 360,000 240,000 South $ 200,000 Variable expenses Contribution margin: Traceable fixed expenses $ 400,000 280,000 120,000 80,000 120,000 132,000 66,000 66,000 Segnent margin $ 54,000 $ 54,000 Connon fixed expenses 108,000 56,000 Net operating income $ 52,000 Required: 1. Compute the companywide break-even point in dollar sales. 2. Compute the break-even point in dollar sales for the North region. 3. Compute the break-even point in dollar sales for the South region. (For all requirements, round your intermediate calculations to 2 decimal places. Round your final answers to the nearest dollar.) 1. Dollar sales for company to break-even 2. Dollar sales for North segment to break-even 3. Dollar sales for South segment to break-even