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