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For Kozy Company, actual sales are $1,174,000 and break-even sales are $763,100.




Question;1.For Kozy Company, actual sales are $1,174,000 and break-even sales are $763,100.Compute the margin of safety in dollars and the margin of safety ratio.2.Montana Company produces basketballs. It incurred the following costs during the year.Direct materials $14,521Direct labor $25,017Fixed manufacturing overhead $9,920Variable manufacturing overhead $31,765Selling costs $20,653What are the total product costs for the company under variable costing?3.For the quarter ended March 31, 2012, Maris Company accumulates the following sales data for its product, Garden-Tools: $321,700 budget, $333,100 actual.Prepare a static budget report for the quarter.MARIS COMPANYSales Budget ReportFor the Quarter Ended March 31, 2012Product Line Budget Actual DifferenceGarden-Tools$$$4.Gundy Company expects to produce 1,223,880 units of Product XX in 2012. Monthly production is expected to range from 73,280 to 111,220 units. Budgeted variable manufacturing costs per unit are: direct materials $3, direct labor $6, and overhead $10. Budgeted fixed manufacturing costs per unit for depreciation are $6 and for supervision are $2.Prepare a flexible manufacturing budget for the relevant range value using 18,970 unit increments. (List variable costs before fixed costs.)GUNDY COMPANYMonthly Flexible Manufacturing BudgetFor the Year 2012$$$$$$$


Paper#38022 | Written in 18-Jul-2015

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