Lauren sells beekeeping jackets and veils. She is concerned…
Lauren sells beekeeping jackets and veils. She is concerned about her margin of safety for the month of October, where she recorded 85 jackets sold. Lauren sells her beekeeping jackets for $300 each and her unit variable costs are $50. If her monthly fixed costs for October were $12,000, what is her margin of safety in dollars? Round intermediate calculations to two decimals points and write your answer as a whole number in dollars.
Read DetailsBabcock Corporation reports the following costs at two level…
Babcock Corporation reports the following costs at two levels of production: Production Level : 12,000 Units 36,000 Units Indirect Labor $3,000 $9,000 Direct Labor $4,200 $12,600 Property Taxes $3,500 $3,500 Direct Materials $27,500 $82,500 Utilities $6,000 $10,000 Rent $8,000 $8,000 Maintenance $5,000 $7,000 Classify each cost variable, fixed, or mixed.
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