The following monthly data are available for the Sumslow Com…

The following monthly data are available for the Sumslow Company and its only product: Unit selling price $36 Unit variable expenses $28 Total fixed expenses $51,000 Actual sales for the month of March 7,000 units The margin of safety for the company during March was:

Leap Company has collected the following information: Co…

Leap Company has collected the following information: Cost to buy one unit $24 Production costs per unit:     Direct materials $10   Direct labor $8   Variable manufacturing overhead $1 Total fixed manufacturing overhead $95,000 What level of production is needed for Leap to be indifferent between making or buying the part, assuming it can eliminate $75,000 of fixed costs?

Paris Corp. obtained the following information from the Raw…

Paris Corp. obtained the following information from the Raw Materials Inventory account and purchasing records for the second quarter of the current year: Beginning Raw Materials $5,000 Ending Raw Materials $3,000 April Purchases $4,000 May Purchases $2,000 June Purchases $2,000 The amount of Raw Materials used this period was:

The following information is available for Spruce Corporatio…

The following information is available for Spruce Corporation for a sales volume of 500 stereo speakers for the past month:   Total Per Unit Sales $112,500 $225 Less: Variable expenses    40,000    80 Contribution margin $ 72,500 $145 Less: Fixed expenses $ 17,500   Net operating income $ 55,000   If sales increase by $51,750, net income will increase by what amount?