Use the information below to answer Questions 23 - 27. ProKing Inc. produces and sells projectors and has a relevant range between 1,200 units and 2,100 units per month. Manufacturing overhead costs range from $450,000 to $540,000 at the low and high ends of the relevant range, respectively. All ProKings products are customized, so it does not keep any inventory. ProKings income tax rate is 25%. The following is ProKings sales and costs information for the month of June: Sales $1,200,000 Sales units 1,500 Direct materials $135,000 Direct labour $180,000 Manufacturing Overhead ? Variable Operating Expenses 11.25% of Sales Earnings after taxes $112,500

Using the high-low method, calculate:

Please round your calculations to the nearest dollar.

(a) the fixed manufacturing overhead cost: $

(b) the unit variable manufacturing overhead cost: $

(c) the total manufacturing overhead cost for 1,500 units: $

(d) the total product cost for 1,500 units; $

Calculate:

Please round your calculations to 2 decimal points.

(a) the contribution margin: %

(b) the gross margin:

Calculate:

(a) the total period costs (operating expenses): $

(b) the fixed period costs (operating expenses): $

(c) the total fixed costs (including both fixed product and fixed period cost): $

Based on the above answers, calculate

(a) the break-even point in units: units

(b) the degree of operating leverage:

(c) the margin of safety in units: units

Calculate:

(a) the sales dollars needed to earn income after taxes of $150,000: $

(b) sales dollars required to yield an after-tax profit of 10.5% of sales: $

Use the information below to answer Questions 23-27. ProKing Inc. produces and sells projectors and has a relevant range between 1,200 units and 2,100 units per month. Manufacturing overhead costs range from $450,000 to $540,000 at the low and high ends of the relevant range, respectively. All ProKing's products are customized, so it does not keep any inventory. ProKing's income tax rate is 25%. The following is ProKing's sales and costs information for the month of June: $1,200,000 1,500 $135,000 Sales Sales units Direct materials Direct labour Manufacturing Overhead Variable Operating Expenses Earnings after taxes $180,000 ? 11.25% of Sales $112,500 Question 26 6 pts Calculate: (a) the sales dollars needed to earn income after taxes of $150,000: $ (b) sales dollars required to yield an after-tax profit of 10.5% of sales: $