Direct materials, direct labor, property tax on the factory, depreciation of the manufacturing equipment.
Direct materials, factory engineer's salary, property tax on the factory, depreciation of the manufacturing equipment.
Direct labor, indirect materials, electricity for the factory, depreciation of the factory
Manufacturing overhead, direct labor, factory engineer's salary, product assembly line employees' wages
None of the above.
Our only product has a selling price per unit of $4, and a contribution margin per unit of $2.
Our net income is $20,000 when we
sell 20,000 units.
What is the amount of our total fixed costs?
When we manufacture and sell 10,000 units of our (only) product, our net income is $16,000,
our variable cost per unit is $ 3, and
our fixed cost per unit is $ 4.
What is our net income if we sell 15,000 units?