Question: PLEASE ANSWER THE FOLLOWING QUESTIONS 1. 2. 3. 4. High-Low Method The manufacturing costs of Gregory Industries for three months of the year are provided

PLEASE ANSWER THE FOLLOWING QUESTIONS

1.

PLEASE ANSWER THE FOLLOWING QUESTIONS 1. 2. 3. 4. High-Low Method The

2.

manufacturing costs of Gregory Industries for three months of the year are

3.

provided below. Total Costs Production January $149,040 990 units February 205,680 2,040

4.

231,840 2,790 Using the high-low method, determine (a) the variable cost per

High-Low Method The manufacturing costs of Gregory Industries for three months of the year are provided below. Total Costs Production January $149,040 990 units February 205,680 2,040 231,840 2,790 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. Round all answers to the nearest whole dollar. a. Variable cost per unit March $ b. Total fixed cost $ Contribution Margin Sally Company sells 33,000 units at $43 per unit. Variable costs are $36.12 per unit, and fixed costs are $90,800. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (C) income from operations. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) % $ per unit c. Income from operations Break-Even Point Nicolas Enterprises sells a product for $118 per unit. The variable cost is $59 per unit, while fixed costs are $891,136. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $123 per unit. a. Break-even point in sales units units b. Break-even point if the selling price were increased to $123 per unit units Target Profit Forest Company sells a product for $100 per unit. The variable cost is $55 per unit, and fixed costs are $288,000. Determine (a) the break-even point in sales units and (b) the break-even point in sales units required for the company to achieve a target profit of $106,560. a. Break-even point in sales units units b. Break-even point in sales units required for the company to achieve a target profit of $106,560 units

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