Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even sales $ Break-even sales units.
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- Colonels uses a traditional cost system and estimates next years overhead will be $480,000, with the estimated cost driver of 240,000 direct labor hours. It manufactures three products and estimates these costs: If the labor rate is $25 per hour, what is the per-unit cost of each product?In the month of March, Style Salon services 560 clients at an average price of $ 120. During the month, fixed costs were $ 21,024 and variable costs were 60% of sales. (a) Determine the total contribution margin in dollars, the per unit contribution margin, and the contribution margin ratio. Contribution margin in dollars $ Contribution margin per unit $ Contribution margin ratio %In the month of September, Matlock Industries sold 800 units of product. The average sales price was $30. During the month, fixed costs were $6,300 and variable costs were 70% of sales. Instructions Determine theBreak even point in units and dollars
- In the month of March, Pharoah Salon services 630 clients at an average price of $100. During the month, fixed costs were $14,880 and variable costs were 68% of sales. (A) Determine the total contribution margin in dollars, the per unit contribution margin, and the contribution margin ratio. Contribution margin in dollars $ Contribution margin per unit $ Contribution margin ratio % (B) Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even sales $ Break-even sales unitsFinch Corporation paid one of its sales representatives $6,500 during the month of March. The rep is paid a base salary plus $11 per unit of product sold. During March, the rep sold 120 units. Required Calculate the total monthly cost of the sales representative's salary for each of the following months: Month Number of units Total variable cost Total fixed cost Total salary cost $ April 160 0 $ LA May 70 0 $ June 170 0 $ July 80 0In the month of June, Jose Hebert's Beauty Salon gave 3,800 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,900 and variable costs were 75% of sales. Contribution margin $ Contribution margin per unit
- Gabriel Company sells a product for $90 per unit. Variable costs are $40 per unit and fixed costs are $630 per month. The company expects to sell 650 units in September. Calculate the contribution margin per unit, in total, and as a ratio.During the month of September, Chase's Barbershop engaged with 590 clients at an average price of $200. During the month, fixed costs were $26,536 and variable costs were 69% of sales. (Do not use commas or dollar signs in your responses.) Contribution margin in dollars $ Contribution margin per unit $ Contribution margin ratioIn the month of September, Matiock Industries sold 800 units of product. The average sales price was $30. During the month, fixed costs were $6,300 and variable costs were 70% of sales. Instructions (a) Determine the contribution margin in dollars, per unit, and as a ratio. (b) Using the contribution margir technique, compute the break-even point in dollars and in units.
- In the month of June. Oriole Hebert's Beauty Salon gave 3,000 haircuts, shampoos, and hair colorings at an average price of$50. During the month, fixed costs were$18,000and variable costs were70%of sales.Solomon Corporation paid one of its sales representatives $4,000 during the month of March. The rep is paid a base salary plus $10 per unit of product sold. During March, the rep sold 300 units. Required Calculate the total monthly cost of the sales representative's salary for each of the following months: Month April May June July Number of units sold Total variable cost Total fixed cost 320 180 360 200 Total salary costIn the month of September, Nixon Company sold 800 units of product. The average sales price was $30. During the month, fixed costs were $7,200 and variable costs were 60% of sales. 4. Using the contribution margin technique, compute the break-even point in dollars 5. Using the contribution margin technique, compute the break-even point in units