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Q1) Mason Corporation sells 10,000 units of its product at $10.00 each. Its annual fixed cost is= $24,000. Variable cost per unit is $7. Compute break even quantity (x) and break even sales BES for firm?

Q2) Zins Corporation manufactures and sells single product. Company contribution format income statement for August seems below:

Sales (1,000 units)
$95,000
Variable expenses
66,000
Contribution margin
29,000
Fixed expenses
23,800
Net operating income
$5,200

problem:

Redo company contribution format income statement suppose that company sells 1,400 units.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M918957

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