Cost Volume Profit Analysis_B4

Cost Volume Profit Analysis_B4 - Units Sold 9,500 Selling...

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Tom's Gold Emporium, June Production Activity Direct Materials $60.00 per unit Direct Labor $11.00 per unit Variable Overhead $13.00 per unit Fixed Overhead $17.50 per unit Variable Selling $10.00 per unit Fixed General and administrative $22.00 per unit Units Produced 10,000 per month Units in beginnning finished goods
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Unformatted text preview: - Units Sold 9,500 Selling Price $200.00 per unit Target Profit $400,000 per month Total Fixed Cost $395,000 Total Variable Costs $94.00 Total Fixed Cost + Target Profit $795,000.00 Contribution Margin $106.00 Contribution Margin Ratio 0.53 Level of Revenue Required $1,500,000.00...
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