ACG Inc. makes two types of paper shredders, a Home model and a more heavy duty Office model. ACG produces 60,000 units of the Home model and 12,500 units of the Office model.  The company’s conventional cost system allocates manufacturing overhead to products using a plant-wide overhead rate and direct labor dollars as the allocation base.  Additional information relating to the company’s two model lines is shown below: Home Office TOTAL Direct materials $360,000 $162,000 $522,000 Direct labor $140,000 $100,000 $240,000 The company is considering implementing an activity-based costing system that distributes all of its manufacturing overhead to four activities as shown below:       Activity Activity (and measure) Manuf. Overhead Home Office Total Machining (machine hours) $198,000 90,000 60,000 150,000 Setups (setup hours) $150,000 75 300 375 Product-level (# of products) $100,000 1 1 2 General (direct labor dollars) $60,000 140,000 100,000 240,000 Total MOH cost $508,000   Using activity-based costing, how much manufacturing overhead would be assigned to the Home model line?

ABC Co. makes a widget that sells for $50 per unit with a CM ratio of 30%. The company’s fixed expenses are $180,000 per year.  How many units must be sold to attain a target profit of $60,000 per year?  

Last year Generic Corporation reported sales of $840,000, a contribution margin ratio of 15% and a net loss of $43,000. Based on this information, the break-even point in sales was: (round your answer up to the nearest dollar) 

Last year Generic Corporation reported sales of $920,000, a contribution margin ratio of 15% and a net loss of $43,000. Based on this information, the break-even point in sales was: (round your answer up to the nearest dollar) 

XYZ Corporation sells a product for $340 per unit. The product’s current sales are 14,500 units and its break-even sales are [besales] units. The margin of safety as a percentage of sales is closest to: (enter your answer as a whole number without a % sign, so if you think the answer is 14%, enter your answer as 14)

XYZ Inc., a company that produces and sells a single product, has provided its income statement for April.       Sales (7300 units) $ 350,400​ Variable expenses   204,400​ Contribution margin   146,000​ Fixed expenses   103,500​ Net operating income $ 42,500​ If the company sells 7400 units, its net operating income should be closest to: 

ABC Co. makes a widget that sells for $60 per unit with a CM ratio of 50%. The company’s fixed expenses are $180,000 per year.  How many units must be sold to attain a target profit of $60,000 per year?

Osprey Inc.’s contribution margin ratio is [CM]% and its fixed monthly expenses are $48,000. If the company’s sales for a month are $[sales], what is the best estimate of the company’s net operating income? Assume that the fixed monthly expenses do not change.

ABC Co. makes a widget that sells for $60 per unit with a CM ratio of 40%. The company’s fixed expenses are $180,000 per year.  How many units must be sold to attain a target profit of $60,000 per year?

Which letter indicates the middle nasal meatus: