Blarney Corporation expected to sell 150,000 games during th…

Blarney Corporation expected to sell 150,000 games during the month of November. The following budgeted data are based on that level of sales: Revenue (150,000 games) $2,400,000 Variable expenses 1,425,000 Fixed manufacturing overhead expenses 250,000 Fixed selling & administrative expenses 500,000 Net operating income 225,000   Calculate the contribution margin ratio. Calculate the operating leverage. Blarneys’ actual sales during November were 200,000 games. What should the actual net operating income during November have been?

Apple Company, which has only one product, has provided the…

Apple Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $142 Units in beginning inventory 0 Units produced 2,500 Units sold 2,300 Units in ending inventory 200 Variable costs per unit: Direct materials $22 Direct labor $57 Variable manufacturing overhead $1 Variable selling and administrative $6 Fixed costs: Fixed manufacturing overhead $82,500 Fixed selling and administrative $41,400   What is the total period cost for the month under the variable costing approach? What is the total period cost for the month under the absorption costing approach? What is the net operating income for the month under variable costing? What is the net operating income for the month under absorption costing?