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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Show transcribed image text The manufacturing cost of Lang industries for three months of the year are provided below: Using the high-low method, determine the (a) variable cost per unit, and(b) the total fixed Hale Company sells 30,000 units at $15 per unit. Variable costs are $9 per unit, and fixed costs are $42,000. Determine the (a) contribution ratio, (b) unit contribution margin, and (c) income from operations. The Towny Company sells a product for $120 per unit. The variable cost is $40 per unit, and fixed costs are $270,000. Determine the (a) break-even points in sales units if the company desires a target profit of $36,000. Stall Company has the following information for March. Determine the March (a) manufacturing margin, (b) contribution margin, and (c) income from operations for Stanton Company. Prepare a cost of goods sold budget for Dream, Inc. they manufacture comforters. Assume the estimated inventories on January 1, 2008, for finished goods, work in process, and material were $51,000, $28,000, and $33,000 respectively. Also assume the desired inventories on December 31, 2008 for finished goods, work in process, and materials were $48,000, $35,000, and $29,00( respectively. Direct material purchases were $555,000. Direct labor was $252,000 for the year. Factory overhead was $176,000.
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