A corporation sells a single product for $20 per unit. Last year, the company’s sales revenue was $300,000 and its net operating income was $16,000. If fixed expenses totaled $104,000 for the year, the break-even point in sales units was:

In the answer area, start by entering a, b, c on three lines to properly label your 3 answers. Then put your math calculations such as ( 5 + 6 +9 +10 ) *1000 units = your answer. You can use Ctrl+B to bold your final answer for each line. You must show your work for the essay questions to receive any credit. Without showing your work, one little math error will mean that all the following answers are wrong. With work, you can earn full credit even with a math error. SHOW YOUR WORK.A company uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $275,000, variable manufacturing overhead of $2.50 per machine-hour, and 50,000 machine-hours. The company has provided the following data concerning Job ABC160 which was recently completed:Number of units in the job22Total machine-hours120Direct materials$ 1,240Direct labor cost$ 2,250Required: Answer the next 5 questions below after labeling 5 lines a. through e. Show your math work but you are not required to label any of the answers beyond numbering them with a, b, c, d. e.a. What is the total estimated manufacturing overhead costs for the year?b. What is the estimated manufacturing overhead rate?c. What is the total manufacturing overhead costs assigned to Job ABC160?d. What is the total cost of job ABC160? (2)e. If the company marks up its unit product costs by 40%, what is the selling price of job ABC160?

At an activity level of 8,400 units in a month, a company’s total variable maintenance and repair cost is $697,284 and its total fixed maintenance and repair cost is $464,100. This level of activity is within the relevant range which is 7,000 units to 10,000 units.  What would be the total maintenance and repair cost, both fixed and variable, at an activity level of 8,500 units in a month? (Round intermediate calculations to 2 decimal places.)

Which of the following statements are true? I.  If the activity level increases, then one would expect the fixed cost per unit to decrease. II.  A increase in production will ordinarily result in an increase to total fixed costs. III.  A variable cost is a cost that varies per unit as the activity level rises and falls.

 Supply costs at a chain of gyms are listed below: Client-Visits Supply Cost March 11,657 $ 28,402 April 11,453 $ 28,324 May 11,985 $ 28,526 June 13,000 $ 28,912 July 11,717 $ 28,424 August 11,203 $ 28,229 September 11,997 $ 28,531 October 11,688 $ 28,413 November 11,836 $ 28,470 Management believes that supply cost is a mixed cost that depends on client-visits. Use the high-low method to estimate the variable and fixed components of this cost. Compute the variable component first. Then compute the fixed component, rounding off to the nearest whole dollar. Those estimates are closest to:Note: Round your intermediate calculations to 2 decimal places.

A company produces and sells a single product. Data concerning that product appear below:   Per Unit Selling price $150 Variable expenses $60 Contribution margin $90 The company is currently selling 7,000 units per month. Fixed expenses are $214,000 per month. The marketing manager believes that a $7,500 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. What should be the overall effect on the company’s monthly net operating income of this change?

Which of the following statements are true?I. Advertising is not a considered a product cost even if it promotes a specific product.II. All manufacturing costs are inventoriable costs. III. Prime cost is the sum of direct materials cost and direct labor cost.IV. Direct materials are a product cost, a prime cost, and a conversion cost.

A company has provided the following information:   Cost per Unit Cost per Period Direct materials $ 6.25   Direct labor $ 3.20   Variable manufacturing overhead $ 1.20   Fixed manufacturing overhead   $ 13,200 Sales commissions $ 1.20   Variable administrative expense $ 0.50   Fixed selling and administrative expense   $ 3,300 If 6,500 units are produced, the total amount of indirect manufacturing cost incurred is closest to:

Data concerning a company’s single product appear below: Selling price per unit $185.00 Variable expense per unit $94.00 Fixed expense per month $437,240 The unit sales to attain the company’s monthly target profit of $24,000 is closest to: (Do not round intermediate calculations.)

A company uses a predetermined overhead rate to apply manufacturing overhead to jobs. The predetermined overhead rate is based on labor cost in Department A and on machine-hours in Department B. At the beginning of the year, the Corporation made the following estimates: Department A Department B Direct labor cost $ 90,000 $ 45,000 Manufacturing overhead $ 75,000 $ 60,000 Direct labor-hours 5,000 10,000 Machine-hours 3,000 12,000 What predetermined overhead rates would be used in Department A and Department B, respectively?