Question: Please write the equations with answers The controller of Rather Production has collected the following information Sales (100,000 Units) $1,600,000 Selling expenses $250,000 (40% variable

Please write the equations with answers

Please write the equations with answers The controller of Rather Production has

The controller of Rather Production has collected the following information Sales (100,000 Units) $1,600,000 Selling expenses $250,000 (40% variable and 60% fixed). Direct materials $490,000 Direct labor $290,000 Administrative expenses $270,000 (20% variable and 80% fixed) Manufacturing overhead $380,000 (70% variable and 30% fixed). Required a. Determine (1) the contribution margin and (2) the fixed costs. (2+2=4 marks) b. Determine the break-even point in (1) units and (2) dollars. (2+2=4 marks) c. Determine the sales required in dollars to earn net income of $200,000. (2 marks) d. Assume that Rather Production meets its target net income, what is the margin of safety ratio

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