Reference no: EM132438356
During the year Keith company sold 200,000 units of product. the operating data are as follows:
Net sales.................... $5,000,000 fixed costs:
Variable costs: Manufacturing ............ $1,400,000
Manufacturing .................. 2,600,000 Marketing...................... 300,000
Marketing ........................ 400,000 Administrative............. 200,000
Using the above data, make the following analyses for keith company and enter your solutions in the answer column.
ANALYSES ANSWER
1. The break even point in dollars ---------------------------
2. The break even point in units --------------------------------
3. The contribution margin ratio ---------------------------------
4. The margin of safety ratio ----------------------------------
5. Net income as a percentage of sales ----------------------------------
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Calculate the total factory overhead cost variance
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