The following information is available for a company’s utili…
The following information is available for a company’s utility cost for operating its machines over the last four months. Month Machine hours Utility cost January 900 $ 5,450 February 1,800 $ 6,900 March 2,400 $ 8,100 April 600 $ 3,600 Using the high-low method, the estimated total fixed cost for utilities is:
Read DetailsA firm sells two products, Regular and Ultra. For every unit…
A firm sells two products, Regular and Ultra. For every unit of Regular sold, two units of Ultra are sold. The firm’s total fixed costs are $1,612,000. Selling prices and cost information for both products follow. What is the firm’s break-even point in units of Regular and Ultra? Product Unit Sales Price Variable Cost Per Unit Regular $ 20 $ 8 Ultra 24 4
Read DetailsZhang Industries sells a product for $700 per unit. Unit sal…
Zhang Industries sells a product for $700 per unit. Unit sales for June were 412. Zhang pays a sales manager a monthly salary of $3,000 and a commission of 2% of sales. Compute the budgeted selling expense for the manager for the month ended June 30.
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