First Name Last Nam Enter Your Name Here Units Manufactured 100 Direct Materials

Please provide answer with explanation …………………………………..

First NameLast NamEnter Your Name HereUnits Manufactured100Direct Materials (in $’s):Total Cost for Your Direct Material Number 110,0 00Total Cost for Your Direct Material Number 26,000Total Cost for Your Direct Material Number 34,000Total Direct Materials (in $’s)20,0 0 0Direct Labor (in $’s)15,000Variable Factory Overhead (in S’s)Total Cost for Your F/O Number 120,0 00Total Cost for Your F/O Number 220,000Total Factory Overhead (in $’s)10,000Cost of Goods Manufactured75,0 00(No Beg or End DVM or WIP Inventories)Sales Price Per Unit1,429Units Sold100Total Sales in $’s142,900Fixed Cost25,000WITH THE ABOVE DATA SOLVE THE FOLLOWING QUESTIONS REGARDING YOUR PRODUCT:1) What is your Product’s Operating income?Record your answer here2) What is your Product’s Contribution Margin per unit?Record your answer here3) What is your Product’s Contribution Margin percent?Record your answer here4) How Many Units Would Have to be Sold to break even?Record your answer here5) How Many Units Would Have to be Sold to Yield aTarget Operating Income of $30,000?Record your answer here6) USING YOUR OPERATING INCOME IN CELL C38, Whatis your Product’s Planned Net Income Assuming a Tax Rate of30%?Record your answer here

 

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